Smart Buildings

Clockworks Analytics Secures $15M Growth Investment: Update on AI & Expansion

In this Research Note, we examine Clockworks Analytics, the US provider of building analytics software. This article covers the development and growth of the company, their recent growth equity investment and prior funding rounds, clients and partnerships, and how the company currently uses AI, updating our previous Research Note in October 2023. Clockworks Analytics Profile Formerly known as KGS Buildings, the company was founded in 2008 within MIT’s Building Science Department and is based in Somerville, MA. Through its Fault Detection and Diagnostics (FDD) technology, the company proactively identifies inefficiencies and root causes within building systems and prioritizes the most urgent tasks for building staff in real time. For more than 15 years, Clockworks Analytics has been building an enterprise SaaS platform for continuous, real-time monitoring of HVAC and building systems.   Today, the company supports hospital systems, pharmaceutical facilities, and university and corporate campuses, as well as their service providers, across the U.S. and […]

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