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Sefaira Raises $9.2M

2013-10-02
LONDON, ENGLAND, Sefaira, an architectural cloud-based software company, has raised $9.2 million in new capital, and announced signing 50 new architectural firms as customers in Q3.
Sefaira, a SaaS firm specializing in software for high-performance building design, has announced that the company has added more than 50 new architectural firms as customers in Q3, and that it has raised $9.2 million in new capital to fund continued business growth.

London-based Sefaira, which also maintains offices in New York, raised the funds from existing investors Braemar Energy Ventures, Chrysalix SET, and Hermes GPE, along with new funding from Silicon Valley Bank. The firm now has 200 total customers.

Sefaira also announced that Philip Crawford (former senior vice president of Oracle Corporation and president of EDS International) will assume the role as chairman of the board. Mr. Crawford joined Sefaira's board as non-executive director in January, and has since worked closely with the company in refining its growth strategy.

Founded in 2009, Sefaira produces cloud-based energy efficiency software to help architects design high-performing buildings. Using Sefaira, architects and other building designers can analyze and compare multiple building strategies within a fraction of the time and cost previously required. This includes defining, quantifying, and optimizing the energy, water, carbon and financial benefits of relevant design strategies.
Sefaira won Gold at the 2013 Ecosummit award in Berlin as well as the 'Green Building Innovation of the Year' award at London's Ecobuild 2011. It has been named to the Red Herring Top 100 Europe in 2013 and Going Green Global Top 200 private companies in 2012.
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