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Survey Shows National Retailers Are Concerned about Energy Efficiency

A recent survey conducted by Prenova and Chain Store Age, a leading retail industry trade publication, indicates national retailers are increasingly concerned about energy efficiency and are refocusing efforts to promote cost-saving, sustainable business practices.


Prenova's Q1 Results Show Strong Demand for Energy Management Services

Prenova delivered quarter-over-quarter recurring revenue growth for the fifteenth straight quarter, while year-over-year revenue was up 26%, and average revenue per customer location increased by over 5%.


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Prenova Investors

Prenova is a privately held company with strong financial backing. We are proud to have the following committed investors:

 

Arcapita Ventures

Arcapita Inc. focuses on growth stage enterprises across the United States. From its offices in Atlanta, Arcapita typically acts as the lead investor in companies operating in the (i) healthcare, (ii) information technology and (iii) industrial technology sectors. The investment team looks for businesses that have established technologies and customer bases, and where its investment capital, network, and expertise can be applied to scale a proven business model.

 

Siemens Venture Capital

Siemens Venture Capital (SVC) the central venture capital organization within Siemens, invests in early-stage technology companies and established growth companies, focusing on the energy, industry and healthcare sectors. In this way, SVC identifies innovative solutions from which Siemens can profit and plays a key role in Siemens’ global innovation network. To date, the company has invested more than EUR 800 million in over 150 companies and 40 venture capital funds. In addition, SVC advises the German Siemens pension funds on their private equity allocation. It is in this context that SVC has launched the venture capital fund of funds Siemens Global Innovation Partners I. Siemens Venture Capital is represented in Europe, Asia and the US.

  

River Cities

River Cities Capital Funds is one of the most active and experienced venture funds investing in the Midwest and Southeastern United States. With $390 million currently under management and investments in more than 75 companies over fourteen years, River Cities has established itself as a preferred partner among the regional entrepreneurial and broader venture capital communities.

 

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