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Entic
Saas technology company driving operational efficiency in commercial buildings through iot & prescriptive analytics
About Entic
Entic operates within the property technology sector, providing a cloud-based analytics platform designed to optimize energy consumption and operational efficiency for commercial real estate. The company was founded in 2011 by Carlos Diaz, a software architect, and Manuel Rosendo, an HVAC industry veteran, combining technical expertise with deep industry-specific knowledge.
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The firm's core offering is a Software-as-a-Service (SaaS) platform that translates building data into actionable insights for facility managers and financial reports for executives. By leveraging operational intelligence and advanced sensor technology, the system identifies inefficiencies and delivers prescriptive recommendations aimed at reducing utility waste. This approach has demonstrated an ability to reduce energy usage by an average of 8-12% across client portfolios, directly increasing net operating income and asset value. The service targets large commercial facilities, including clients in the hospitality, healthcare, and sports venue industries, with notable past customers such as Blackstone Group, Marlins Park, and the Diplomat Resort & Spa.
In March 2019, Entic was acquired by Aquicore, a commercial real estate software company based in Washington, D.C. The acquisition was a strategic move to consolidate the proptech market, combining Entic's strength in prescriptive analytics for large facilities with Aquicore's focus on smaller properties. Following the transaction, the Entic solution was integrated into Aquicore's platform, and Carlos Diaz joined Aquicore's executive team to ensure continuity and drive the combined vision. The merger was backed by prominent investors including Blackstone, ClearSky, and Fifth Wall Ventures.
At a glance
- Founded
- 2011
- Headquarters
- Pembroke Pines, United States
- Sector
- Energy
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Series B and later1 investor entered at this stage
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