Fundraising Fox

Specifx

acquired by XOi

Founded 2022 · 3 employees on LinkedIn · 6 known investors

Find your way into Specifx

782 people in our graph share verified history with the Specifx team — schools, employers, funds. One of them is your warm intro.

Scott Davisunlockedknows Ryan Martineau · together at University of California, Berkeley (overlapped)
×11knows the team · via University of California, Berkeley

SpecifX provides data enrichment for HVAC assets, turning basic nameplate data into structured, asset-level metadata such as specifications, features, and performance levels for commercial and industrial equipment. Its Decoder product serves HVAC owners, service providers, manufacturers, and technology firms for use cases like maintenance optimization, capital planning, and compliance reporting.

CleantechData & InfrastructureSaaS

Founders & leadership

Specifx was founded in 2022 by Ryan Martineau, Pete Shimkus, and Ben Patch.

RMRyan Martineau
Ryan MartineauinFounder, Chief Executive OfficerRyan Martineau is founder and CEO of SpecifX, which provides data enrichment and asset metadata services for commercial and industrial HVAC equipment. He brings experience in project finance, business development, energy efficiency, and data management.
PSPete Shimkus
Pete ShimkusinFounder, Chief Product Officer
BPBen Patch
Ben PatchinFounder, Chief Data Officer
JRJason Riley
Jason RileyinChief Technology OfficerJason Riley founded Genability, a software company providing energy intelligence to utilities and clean energy firms (acquired by Arcadia Power in 2021), and previously co-founded Entessa, an enterprise software provider acquired by Energy Solutions International in 2010. He has held leadership roles at C-bridge Internet Solutions and Howard Johnson & Company.

Investors · 6

Better Ventures Central LlcOakland · $500K – $1.5M
Blackhorn VenturesDenver · $500K
Systemiq CapitalLondon
Powerhouse VenturesreportedSingapore · $500K – $2M
Saas Ventures, L.L.C.reportedMiami · $75K – $5M
SYSTEMIQreportedJakarta

Funding

SEC filings, press & company announcements
  • Undisclosed amountseedApr 2023

    Powerhouse Ventures (lead)

    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Specifx went on to found or lead other companies.

Gaurav SantCo-Founder, DirectorFounded CarbonBuilt +1Ryan MartineauFounder, Chief Executive OfficerFounded Redaptive

In the news

XOi acquires San Francisco company | M&A | nashvillepost.comnashvillepost.com · Feb 2025XOi Amplifies Field Service Innovation with New Strategic Investment and Acquisitionbusinesswire.com · Feb 2025XOi raises $230M, acquires Specifx to expand its tech for field service technicians | TechCrunchtechcrunch.com · Feb 2025HVAC data startup Specifx raises $3.5M in seed funding led by Powerhouse Venturesaxios.com · Apr 2023

Frequently asked questions

What does Specifx do?
SpecifX provides data enrichment for HVAC assets, turning basic nameplate data into structured, asset-level metadata such as specifications, features, and performance levels for commercial and industrial equipment. Its Decoder product serves HVAC owners, service providers, manufacturers, and technology firms for use cases like maintenance optimization, capital planning, and compliance reporting.
Who founded Specifx?
Specifx was founded by Ryan Martineau, Pete Shimkus, Ben Patch in 2022.
Who are Specifx's investors?
Specifx's investors include Better Ventures Central Llc, Blackhorn Ventures, Systemiq Capital, Powerhouse Ventures, Saas Ventures, L.L.C., SYSTEMIQ.
Who acquired Specifx?
Specifx was acquired by XOi.