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cove.tool

cove.tool

Cove.Tool is an Atlanta based automated big-data SaaS company that helps architects, engineers and contractors identify ways to make buildings high performance in terms of energy and cost.

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Cove.Tool is an Atlanta based automated big-data SaaS company that helps architects, engineers and contractors identify ways to make buildings high performance in terms of energy and cost.

History and background

According to a report by US Green Building Council (USGBC), in the US, the buildings sector contribute more carbon emissions than any other sector. The idea behind Cove.Tool is to help identify and implement the cost-effective and efficient resource bundles that can be used to meet a building's energy efficiency requirements. Cove.Tool was founded in 2017 by Sandeep Ahuja, Patrick and Daniel Chopson.Cove. Tool has raised a total of 850K in funding over 2 rounds.

Software and technology

Cove.Tool provides an option to enter parameters such as the building's use, its geographical location and dimensions to estimate its energy requirements. The tool will then run those parameters to figure out optimal resource combination under the set parameters. A user can then change different parameters such adding more glass etc. and see the energy adjustments. Teams can also work together within the platform, allowing multiple stakeholders i.e. engineers, architects and designers to see how the project is going. ArchDaily recently published this student union project that used cove.tool to save 40% energy and 1 million dollars in construction cost by utilizing optimization and data driven decision making.

Timeline

Funding Rounds

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Products

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Acquisitions

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SBIR/STTR Awards

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Patents

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Further Resources

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Author
Link
Type
Date

Cove.tool Help Center

https://help.covetool.com/en

Web

References

covetool.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Architecture
Architecture
Software
Software
Software development
Software development
Technology
Technology
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Location
Atlanta
Atlanta
CEO
Sandeep Ahuja
Sandeep Ahuja
-1
Founder
Sandeep Ahuja
Sandeep Ahuja
Patrick Chopson
Patrick Chopson
Daniel Chopson
Daniel Chopson
Pitchbook URL
pitchbook.com/profiles...234105-67
Number of Employees (Ranges)
51 – 200
Number of Employees
81-1
Investors
Mucker Capital
Mucker Capital
-1
Founded Date
2017
Competitors
Early Phase Integrated Carbon (EPIC) Assessment
Early Phase Integrated Carbon (EPIC) Assessment
Wellfound ID
cove-tool

Other attributes

Company Operating Status
Active
Headquarters
Atlanta
Atlanta

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