Funding secure to Ignite IRT surveys projects

Category: energy management

FundingWe are delighted to announce that we successfully secured funding from Centrica’s Ignite fund and from our current venture capitalists (VC) Shackleton Ventures.

Ignite put us through our paces in terms of due diligence and asked some hard questions in helping up prepare for their investment. All sorts of social KPIs now form an integral part of our company.

Using our thermal imaging technology to help get people out of fuel poverty has always been at the heart of IRT surveys, but now it’s a funded and intrinsic part of our DNA.

Shackleton Ventures matched the Ignite fund investment and are a fantastic VC. They describe themselves as secondary investors in first class companies and we are proud to be part of their success.

The combined investment will be used to develop our automatic energy auditing software for the housing sector. Called DREam it aims to automate the energy reduction and auditing process for local authorities and housing associations. It is a natural evolution from our ENVISION software.

We would like to take this opportunity to thank all our customers, investors and suppliers for their continued support, and without any doubt the irt survey team for their hard work in making irt surveys a success.