We are thrilled to share some fantastic news with you! Accacia has successfully closed a significant funding round of $6.5 million, led by Illuminate Financial, with valuable participation from AC Ventures, alongside our steadfast existing investors, Accel and B Capital.

Illuminate Financial’s strategic partnerships with some of the world’s largest financial institutions position them as an ideal partner for our journey. Their expertise and network will be instrumental in addressing climate change risks within the real estate industry.
We are immensely thankful for the consistent support of our esteemed clients such as Hines, JSW Realty, Emaar, Indospace, and many others. Their trust in us and partnership have been pivotal in propelling us towards our vision and achievements.

Read our TechInAsia feature here

About Accacia
Accacia is an innovative AI-powered SaaS platform designed to help real estate businesses achieve their sustainability goals. Our tool empowers you to:

• Track and manage your carbon footprint: Gain real-time insights into your emissions across your entire portfolio.
• Make data-driven decisions: Identify areas for improvement and implement targeted strategies to reduce your carbon impact.
• Simplify compliance: Streamline carbon accounting and ESG reporting with automated data collection and analysis.

Unlocking New Possibilities:

We’re proud to announce the latest enhancements to our product. These updates are designed to elevate your experience and empower you to achieve more. Let’s dive into what’s new:

• Accacia BillReader for Automated Utility Bill Processing
  • Our cutting-edge AI technology streamlines the handling of your utility and operational bills. It accurately captures data from utility bills, facility invoices, and other operational expenses. With seamless integration, our billreader automatically maps this data to your usage and emissions, simplifying your emissions tracking
  • Benefit: Saves over 100 man-hours per month by automating bill data collection and tracking

• Compliance and Reporting Integration:
  • Accacia seamlessly integrates with frameworks like GRESB, streamlining annual compliance and reporting processes. It ensures accurate and efficient submissions.
  • Benefit: Simplifies compliance and reporting for your portfolio

• Financed Emission Reporting for Direct Portfolio Emission Capture:
  • Extend access to your invested companies to measure their emissions. Accacia calculates financed emissions as per the PCAF framework, allowing flexibility in using industry average data or actual reporting from investee companies.
  • Benefit: Provides insights into climate risks by investment strategy, companies and reduce your emissions portfolio wide

• Global Asset View forAsset Tracking and Comparative Analysis
  • The new Global Asset View enables you to track assets on a map and analyse one asset against another. Quick controls facilitate efficient comparisons.
  • Benefit: Enhances quick decision-making by visualising assets and their performance.

Ready to join the sustainable revolution?

Accacia is committed to partnering with you to achieve your environmental goals. Let’s work together to build a greener future for the real estate industry.

Get started today!

Reply to this email to schedule a free demo and learn how Accacia can help you reduce your carbon footprint.