En-trak

Smart Building OS Platform

Building and facilities management relies on a huge amount of data for making sound decisions. However, most of the sources of monitoring, measurement and control are not connected to the internet, making data collection and analysis very tedious and fragmented, inefficient, and may lead to delayed business decisions.

En-trak Smart Building OS enables customers to make smarter business decisions and automate key processes. We provide an open & scalable IoT platform to manage multiple aspects of a building or portfolio in the cloud. Our award-winning Smart Building OS enables building owners/operators to optimize resource use, enhance productivity, and reduce compliance risk.

The main benefits of our solution are:

• Cost efficiency
• Lower environmental footprint
• Improved tenant comfort
• Enhanced property rental yields
• Regulatory compliance

Specialties

En-trak is an award-winning Smart Building IoT company. We use ICT and data to make buildings smarter and more efficient. Our company now has over 300 world-class clients in Singapore, Hong Kong, Macau, China and Thailand. We empower our customers to get the best from their buildings by aggregating data and making it visible. This enables building managers to control the process, make data-driven decision, and do useful prediction. This improves costs and operational efficiencies, improve portfolio performance, and make our planet more sustainable. En-trak is invested by both Alibaba Entrepreneur Fund and CLP.

Industry

Smart Building OS Platform

Company size

10-50

Country

Singapore

Company address

Oxley Bizhub 2 #11-11, 62 Ubi Road 1 , Singapore Singapore 408734

En-trak announces pre-series A investments from Alibaba Entrepreneurs Fund and CLP Innovation Ventures

En-trak announces pre-series A investments from Alibaba Entrepreneurs Fund and CLP Innovation Ventures

Business Insider

20 Aug 2018

En-trak, an award-winning Smart Building IoT company based in Hong Kong and Singapore, today announced it has closed a pre-series A round led by Alibaba Hong Kong Entrepreneurs Fund and CLP Innovation Ventures Limited.

En-trak, one of the winners of the 2017 Jumpstarter competition organized by Alibaba Hong Kong Entrepreneurs Fund, was selected among over 600 startups globally. Founded in 2013 by Dr. Vincent Chow, a Singapore-born entrepreneur based in Hong Kong, En-trak develops and markets a hardware-agnostic IoT platform that enables building owners and facility managers to integrate different building data into one centralized platform in order to manage and optimize building operations, as well as to improve productivity and enhance compliances. En-trak has also been conferred with the Best Innovative Research & Development award from the Singapore infocomm Technology Federation (SiTF), along with the Singapore Apex Sustainability Award.

"CLP is excited to partner with En-trak on digital energy innovations for business users," said Austin R Bryan, Senior Director of Innovation at CLP Holding Limited. "As a winner of the Alibaba Entrepreneurs Fund Jumpstarter competition, En-trak has proven capabilities and technologies that can be harnessed for customers locally and globally. With a business portfolio that spans across energy markets in Asia Pacific, CLP believes digitalised energy infrastructure and tools have excellent market potential for wider application."

The deal is highly strategic for the five-year-old startup given the two prominent investors. CLP Innovation Ventures is a subsidiary of CLP Holdings, a leading energy supplier in Asia Pacific with operations in Hong Kong, Mainland China, IndiaSoutheast AsiaTaiwan and Australia, while Alibaba Entrepreneurs Fund is a not-for-profit initiative launched by Alibaba Group, a global leader in IoT technology, headquartered in Hangzhou, China.

The rapid growth of the industry is driven by an increasing need by cities around the world to manage growing energy costs, carbon emissions, government legislation and compliances. En-trak Smart Building OS enables building operators to have full visibility, analytics and actionable insights into these data. This powerful, yet simple to use platform integrate different modules including smart lighting, electricity, water, gas, IAQ, EV charging, solar and wind power generation. Thus far, the solution has been used by over 300 world-class customers in Hong KongSingaporeMacau, and Thailand, including Fuji Xerox, Shun Hing Group, and Make Up For Ever among many.

"This strategic partnership with both Alibaba Hong Kong Entrepreneurs Fund and CLP will add a new dimension to our vision of utilizing technology to build a more sustainable future for Asia and beyond," said Dr. Vincent Chow, founder and CEO of En-trak.

"This investment is a strong testament to our team's achievement over the years. We will make good use of the funding to expand our sales team and operations in both Hong Kong and Singapore, as we aim to become the leader of the next generation of Smart Building technology," he added.

"We are thrilled to witness the rapid development of En-trak after it won the Jumpstarter pitch competition. We are delighted that CLP, a key sponsor of Jumpstarter, is joining us in supporting En-trak," said Cindy Chow, Executive Director of Alibaba Hong Kong Entrepreneurs Fund. "Good ideas and products need time and support to develop, and we hope to see more companies in Hong Kong join us in giving startups a lift, as we help Hong Kong transform itself into a leading innovation hub."

About En-trak

En-trak is an award-winning Smart Building IoT company. Our mission is to use technology and data to make buildings smarter and more efficient. En-trak Smart Building OS integrates different building data into one centralized platform to provide building owners and managers insights into how each building is performing. By turning data into actionable intelligence, we help improve cost and operational efficiencies and empower our customers to get the best from their buildings by reducing operating costs, improving performance and productivity, and reducing CO2 emissions. Our solutions are used and proven by over 300 world-class clients in Hong KongSingaporeMacau, and Thailand.

www.en-trak.com

For all press related enquiries, please contact [email protected]

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Asia

Singapore

En-trak

En-trak

Oxley Bizhub 2 #11-11, 62 Ubi Road 1, 408734

+65 9822 7722 , [email protected]