
Audette is the leading platform for decarbonizing commercial real estate portfolios
Why we invested
Large commercial buildings over 20,000 square feet account for roughly 8–9% of U.S. greenhouse-gas emissions. Cities and states across the country have introduced ambitious building-performance standards, such as NYC's Local Law 97, Seattle's BEPS, and Boston's BERDO, that require owners to cut emissions or face significant fines. For most real-estate investors, knowing what to upgrade, when to do it, and how to pay for it is a complex and costly puzzle.
Audette helps solve that puzzle. It is the leading platform for decarbonization planning in commercial real estate, generating full retrofit roadmaps for entire portfolios from just a list of addresses. Over time, the platform incorporates utility data, equipment information, and on-the-ground details to refine those plans and highlight the most cost-effective improvements. Audette already works with 25% of the world's largest real-estate asset managers, representing more than $500B in AUM, which positions it to drive meaningful emissions reductions at scale.