Watchwire

New York, United States Founded: 2000 • Age: 26 yrs Acquired By Tango
SaaS and AI-driven energy management for buildings is provided.
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About Watchwire

Watchwire is a company based in New York (United States) founded in 2000 by Jay Raphaelson and Diana Sweeney was acquired by Tango in August 2023.. The company has 37 employees as of December 31, 2022. Watchwire offers products and services including WatchWire Platform, Sustainability Management, Utility Bill Management, and Carbon Accounting. Watchwire operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and Tibber, among others.

  • Headquarter New York, United States
  • Employees 37 as on 31 Dec, 2022
  • Founders Jay Raphaelson, Diana Sweeney
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Watchwire Llc
Operational Areas
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    37

    as on Dec 31, 2022

  • Acquired by
    Tango

    (Aug 09, 2023)

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Products & Services of Watchwire

Watchwire offers a comprehensive portfolio of products and services, including WatchWire Platform, Sustainability Management, Utility Bill Management, and Carbon Accounting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for acquiring and auditing utility invoice data globally

Tool for tracking sustainability goals and ESG data accuracy

System for automating utility invoice processing and budgeting

Service for calculating and tracking Scope 1, 2, and 3 emissions

People of Watchwire
Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Andy Anderson, LEED AP, CMVP, CEM
Evp, Energy And Sustainability Solutions
People
Efua Peterson
Principal Software Engineer
People
Miles Pucarelli
Software Engineer
People
Ethan Utler
Sustainability Account Executive

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Funding Insights of Watchwire

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2018 Amount Private Equity Round - Watchwire Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Watchwire

Watchwire has secured backing from 1 investor. Prominent investors backing the company include Tango. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Cloud-driven software for integrated workspace management is offered.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Watchwire

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Watchwire

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Watchwire Comparisons

Employees
+
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Competitors of Watchwire

Watchwire 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 Particle, Signify, Danfoss, Landis+Gyr and Tibber, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
IoT connectivity platform from prototype to production is developed.
domain founded_year HQ Location
Signify is recognized as a global leader in lighting solutions.
domain founded_year HQ Location
Manufacturer of energy efficiency products
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Provider of solutions for energy monitoring for residential building
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Watchwire

Frequently Asked Questions about Watchwire

When was Watchwire founded?

Watchwire was founded in 2000 and raised its 1st funding round 18 years after it was founded.

Where is Watchwire located?

Watchwire is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Watchwire?

Andy Anderson is the current CEO of Watchwire.

How many employees does Watchwire have?

As of Dec 31, 2022, the latest employee count at Watchwire is 37.

What does Watchwire do?

Watchwire was founded in 2000 in New York, United States. A SaaS and AI-driven platform for energy management in buildings is operated. Utility bill management, peak load management, measurement and verification, sustainability goal tracking, automated reporting standardization, and carbon tracking are included among the services. Operations focus on the energy sector, supporting building efficiency across the United States.

Who are the top competitors of Watchwire?

Watchwire's top competitors include Particle, Landis+Gyr and Danfoss.

What products or services does Watchwire offer?

Watchwire offers WatchWire Platform, Sustainability Management, Utility Bill Management, and Carbon Accounting.

Who are Watchwire's investors?

Watchwire has 1 investor. Key investors include Tango.

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