Adaptis, a platform that aligns sustainability and profitability for building owners and operators, announced continued growth following its $4 million seed round led by Building Ventures with participation from MetaProp, 2048 Ventures, Powerhouse Ventures and Blue Vision Capital.
The recent funding has been instrumental in scaling the platform across various geographies in the United States and Canada. Additionally, Adaptis has strengthened its sales team with key hires, including a chief revenue officer and head of sales. The capital will also enable Adaptis to broaden its reach across all asset classes beyond Class A properties and continue development through ongoing R&D.
“Our goal is simple: enable real estate decision-makers to lead in profitability and sustainability,” said Sheida Shahi, co-Founder and CEO of Adaptis. “This funding allows us to accelerate innovation, expand our reach and make cutting-edge carbon and cost optimization tools accessible across the built environment.”
Adaptis simplifies complex real estate decision-making by integrating financial, sustainability and operational data into a single platform. It helps stakeholders with varying priorities and expertise align on actionable, data-driven retrofit and decarbonization strategies. The platform works with any level of building information, prioritizing opportunities based on available data while identifying gaps for deeper analysis. Users can track progress, adjust recommendations, and seamlessly integrate insights into capital planning workflows. By centralizing building data and decision-making tools, Adaptis ensures that all parties can validate options, optimize investments and confidently navigate a rapidly evolving market, the company said.
“Anyone who designs, develops, owns or operates buildings and isn’t looking at whole-life carbon is leaving money on the table and taking undue risk,” said Heather Widman, partner at Building Ventures. “We are thrilled to support Adaptis as they expand globally, boosting net operating income and averting millions of tons of CO2e.”
In 2024, Adaptis growth included 370% increase in revenue from 2023 to 2024, up from 180% from 2022 to 2023; active operations in over 350 buildings, with over 400 set to onboard next quarter; expansion into eight regions, including British Columbia, Washington State and New York; over 108,000 tCO2e emissions avoided; more than 6,000 tons of waste diverted and an average of 20% capex savings for building owners.
