About Correlate
Correlate is a company based in San Francisco (United States) founded in 2015 by Todd Michaels. Correlate has raised $2.5 million across 1 funding round. Correlate offers products and services including Energy Platform and Custom Energy Strategy. Correlate operates in a competitive market with competitors including Watershed, Clarity AI, GRESB, Purpose ESG and PortF, among others.
- Headquarter San Francisco, United States
- Founders Todd Michaels
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website correlate.energy
- Social LinkedIn X Facebook
- Annual Revenue$3.4 M (USD)3357as on Dec 31, 2022
- Net Profit-$106.18 K (USD)-19as on Dec 31, 2020
- EBITDA$68.08 K (USD)0as on Dec 31, 2022
- Total Equity Funding$2.5 M (USD)
in 1 rounds
- Latest Funding Round$2.5 M (USD), Seed
Jun 21, 2023
Products & Services of Correlate
Correlate offers a comprehensive portfolio of products and services, including Energy Platform and Custom Energy Strategy.
Monitors building metrics to optimize energy use and cut costs effectively.
Develops tailored plans for energy improvements without upfront investment.
Funding Insights of Correlate
Correlate has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.5M
- Total Rounds 1
- Last Round Seed — $2.5M
- First Round $2.5M
(21 Jun 2023)
All 1 funding rounds of Correlate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 21 Jun 2023 | $2.5M | Seed | – | – | – |
People of Correlate
1 people are tracked at Correlate (1 in leadership).
| Name | Role | Group |
|---|---|---|
Todd Michaels | Co-Founder & CEO | Leadership |
Complete people profiles for Correlate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Timeline of Correlate
2 dated milestones of Correlate across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Correlate is founded.
- Funding First funding round of $2.5M.
Competitors of Correlate
Correlate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Watershed, Clarity AI, GRESB, Purpose ESG and PortF, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| watershed.com | 2019 | San Francisco, United States | $170.5M | 295 | Platform for enterprise sustainability measurement, reporting, and action is provided. | |
| clarity.ai | 2017 | New York, United States | $117.5M | – | AI-powered sustainability data and compliance solutions are provided. | |
| gresb.com | 2009 | Amsterdam, Netherlands | – | – | ESG property sustainability management solutions are provided for real estate. | |
| purposeesg.com | 2021 | Canada | – | – | Online investment platform for ESG investing | |
| portf.io | 2021 | London, United Kingdom | $20,000 | – | Automated investment management and financial services are provided to investors. | |
| sagewealth.eu | 2020 | Potsdam, Germany | $497,418 | – | Online solutions for social impact investing provided to wealth managers. | |
| rgsciences.com | 2019 | London, United Kingdom | – | – | Provides data analytics solutions tailored for investors. | |
| consciesg.com | 2022 | Newark, United States | – | – | ESG impact assessment and portfolio management platform is offered. |
Detailed competitors of Correlate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Correlate
Complete news archive for Correlate
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Correlate
10 companies that operate in the same segment as Correlate (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Correlate
Correlate was founded in 2015 and raised its 1st funding round 8 years after it was founded.
Correlate is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Todd Michaels is the current CEO of Correlate. They have also founded this company.
Correlate is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Jun 21, 2023.
Annual revenue of Correlate is $3.4M as on Dec 31, 2022.
Correlate was founded in 2015 in San Francisco, United States, within the energy management sector. Solutions are delivered to help businesses meet ESG objectives through end-to-end project management for energy teams. Customized strategies are created to align with existing portfolios, with performance metrics monitored, measured, and optimized to support operational efficiency.
Correlate's top competitors include Watershed, Clarity AI and GRESB.
Correlate offers Energy Platform and Custom Energy Strategy.