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Encycle Corporation
Energy · Toronto, Canada · Founded 2005
Encycle is a technology-driven company that is transforming energy management for commercial and industrial companies MoreLess
Encycle Technologies specializes in HVAC optimization software, leveraging advanced algorithms and machine learning to enhance the performance of heating, ventilation, and air conditioning systems in real-time. Serving commercial clients, particularly in the retail sector, Encycle operates within the energy management market. The company's business model revolves around providing software solutions that integrate seamlessly with existing building controls, offering enterprise-wide scalability and ease of deployment. Encycle generates revenue through the sale and licensing of its patented Swarm Logic technology, which has been recognized with multiple industry awards for its innovation. By improving energy efficiency and reducing operating costs, Encycle has saved its customers over $20 million to date. The company is endorsed by utilities and is known for its significant contributions to reducing carbon footprints and enhancing building comfort.
Keywords: HVAC optimization, energy efficiency, machine learning, real-time control, commercial retail, patented technology, energy management, cost reduction, carbon footprint, building comfort.
Company overview
Encycle Corporation company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2005
- Headquarters
- Toronto, Canada
- Employees
- 25
- Open positions
- None listed
- Dealroom signal
- 67.3
Valuation & funding
Encycle Corporation funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2023 | $0 | — | Undisclosed | ↗ |
| LATE VC✓Equity / VC | May 2021 | $7.5M | $58M | ACRE Incubator · Export Development Canada · NYSERDA · Active Impact Investments | ↗ |
| LATE VC✓Equity / VC | Oct 2018 | $4.9M | $58M | Undisclosed | — |
| LATE VC✓Equity / VC | Dec 2016 | $12M | $46M | Undisclosed | — |
| SERIES B✓Equity / VC | Oct 2014 | $5M | $35M | Export Development Canada | — |
| SERIES B✓Equity / VC | Feb 2014 | NGEN Partners · Business Development Bank of Canada | — | ||
| GRANT✓Other financing | Aug 2012 | NYSERDA | — | ||
| OtherOther financing | Jan 2012 | Business Development Bank of Canada | — | ||
| EARLY VC✓Equity / VC | Sep 2011 | Business Development Bank of Canada · NGEN Partners | — | ||
| EARLY VC✓Equity / VC | May 2010 | Undisclosed | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $3.5M | 0% | 24 |
| 2025 | $3.5M | 0% | 26 |
| 2024 | $3.5M | 0% | 30 |
| 2023 | $3.5M | 0% | 33 |
| 2022 | $3.5M | +12.9% | 32 |
| 2021 | $3.1M | -13.9% | 31 |
| 2020 | $3.6M | — | 31 |
Growth signals
Encycle Corporation website traffic
Latest recorded traffic for Encycle Corporation is 970 monthly website visits, down 51.5% over the last three months. Encycle Corporation's team declined 3.8% over the past year.
Comparisons
Encycle Corporation compared with similar companies
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Talent graph
Encycle Corporation's talent
Source: Dealroom Talent Intelligence.
Investors
17 investors on Encycle Corporation's cap table
Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.
Global footprint
Where Encycle Corporation has talent and traffic
team presence
In the news
Latest news about Encycle Corporation
Recent press, funding announcements, and product moves mentioning Encycle Corporation — open to read from the original sources.
Market sentiment
What the market is saying about Encycle Corporation
An AI-synthesized read of the highest-engagement posts about Encycle Corporation on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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