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Venture Capital News: Alabama Futures Fund Invests In Con.doit

2021-04-20
BIRMINGHAM, AL, Alabama Futures Fund recently placed an investment in Con.doit.
Con.doit recently graduated from the inaugural Techstars Alabama Energy Tech Accelerator cohort. Con.doit has created a unique software application to map, monitor performance and predict potential failures within commercial building electrical systems.

Con.doit is cloud-based software standardizing the collection, storage, analysis, monitoring, and prediction of existing electrical systems. Currently in development, the first phase of this software guides a technician through the detailed collection of electrical system data, validates that data for accuracy, and performs required safety analyses. The second phase includes the installation of IOT monitoring devices in electrical equipment and eventual AI failure prediction implementation.
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