Fundraising Fox

Encycle

Toronto · Founded 2005 · Ontario, Canada corporation · 24 employees on LinkedIn · 2 known investors

Encycle develops Swarm Logic, a machine learning and IoT-based HVAC optimization software that reduces energy use, operating costs, and carbon emissions for multi-site commercial and industrial companies. It serves C&I and Fortune 500 retail customers across North America to help them lower HVAC energy spend and meet sustainability goals.

Founders & leadership

LC
Lindsay CoatesinNamed on SEC filing
RC
Robert ChristieNamed on SEC filing
RC
Richard CilentoNamed on SEC filing
SA
Stephen AlexanderNamed on SEC filing
LL
Larry LamNamed on SEC filing
PG
Paul GrodNamed on SEC filing
CF
Christopher FallonNamed on SEC filing

Board

SMShay Murphy
Shay MurphyinBoard directorPartner at NGEN Partners
TWTim Woodward
Tim WoodwardinBoard Member2017–2022Managing Director at Prelude Ventures

Investors · 2

Reported raises · per SEC filings

Form D private placements

$7.1M disclosed across 2 of 3 rounds · 2018–2020

$2.2MraisedDec 2020 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Steve AlexanderExecutive Officer
  • Tim WoodwordDirector
  • Shay MurhpyDirector
  • Richard ClientoDirector
  • Robert ChristieExecutive Officer, Director
  • Shirley SpeakmanDirector
  • Lindsay CoatesExecutive Officer
Offering amount
$2.2M
Amount sold
$2.2M
First sale
Dec 2020
Incorporated
Corporation, Ontario, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.3MofferedJan 2020 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Lindsay CoatesExecutive Officer
  • Christopher FallonDirector
  • Shay MurphyDirector
  • Tim WoodwardDirector
  • Stephen T. AlexanderExecutive Officer
  • Robert ChristeExecutive Officer, Director
  • Richard ClientoDirector
Offering amount
$1.3M
First sale
Jan 2020
Incorporated
Corporation, Ontario, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.9MraisedOct 2018 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Lindsay CoatesExecutive Officer
  • Robert ChristieExecutive Officer, Director
  • Richard CilentoDirector
  • Stephen AlexanderExecutive Officer
  • Shay MurphyDirector
  • Larry LamDirector
  • Tim WoodwardDirector
  • Paul GrodExecutive Officer, Director
  • Christopher FallonExecutive Officer, Director
Offering amount
$4.9M
Amount sold
$4.9M
First sale
Oct 2018
Incorporated
Corporation, Ontario, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap

Companies competing with Encycle for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Encycle do?
Encycle develops Swarm Logic, a machine learning and IoT-based HVAC optimization software that reduces energy use, operating costs, and carbon emissions for multi-site commercial and industrial companies. It serves C&I and Fortune 500 retail customers across North America to help them lower HVAC energy spend and meet sustainability goals.
Who are Encycle's investors?
Encycle's investors include NGEN Partners, Prelude Ventures.
How much funding has Encycle raised?
Encycle has disclosed $7.1M raised across 2 of its 3 known rounds.
Where is Encycle headquartered?
Encycle is headquartered in Toronto.