Hello from Sapient! February was a busy month, and we're excited to share it all with you.
Sales and Pipeline
- BuildingVault — 9MM sqft of real estate across Texas
- 45MM sqft opportunity with Volvo
- Menkes Developments in Canada
- State Grid of China, Hong Kong Land, Energie Steiermark partnerships
- Cox Enterprises and Georgia Power through Engage
- Drexel University facilities management deployment
- Starcity partnership and deployments in San Francisco
- Over 1000% raised on Republic in 11 days since official publication
- Strategic Investors
- LoRaWAN Integration
Sales and Pipeline
BuildingVault — Over 9m Sqft of School Districts — BuildingVault manages a real estate portfolio comprised of several school districts in Texas, totaling over 9m sqft of deployable space. They recently reached out to us expressing an interest in broad-scale deployments of the Sapient system and we will be discussing the logistics of initial deployment in the coming weeks.
Volvo — We've received inbound interest from Volvo to deploy within their network of warehouses across the United States. This represents a 45m sqft opportunity for Sapient and another niche use case that will present an invaluable learning opportunity for our product development team.
Menkes Developments — Menkes are a Canadian real estate development company specializing in development across a broad range of real estate use types, from residential, to commercial, retail and industrial. They have expressed interest in piloting the Sapient system with the prospect of scaling throughout their portfolio thereafter.
Hong Kong Land — HK Land is a large Hong Kong-based real estate investment, management and development firm with portfolio holdings in excess of 8.6m sqft in the commercial sector and over 5m sqft in the residential sector. They have reached out to us to discuss deployments.
Energie Steiermark — Energie Steiermark are one of the largest utility companies in Austria and have expressed an interest in partnering with Sapient for the distribution of the Sapient system.
Cox Enterprises & Georgia Power — We have begun discussions regarding deployments with Cox Enterprises and Georgia Power after being accepted to Engage Ventures and Tech Square Ventures corporate partner program in Atlanta.
Drexel University — Our team has met with facilities management at Drexel University. We discussed scaled deployments throughout a range of buildings on their West Philadelphia campus. We will be scheduling building audits in the coming weeks.
WeWork — We will be meeting with WeWork's new director of Energy and Sustainability this coming week with the intention of securing scaled deployments throughout WeWork's over 10m sqft portfolio.
Starcity — We will be beginning deployments of the Sapient system with San Francisco-based real estate development company, Starcity. Starcity manages several buildings in the Bay and Greater Los Angeles Areas. These deployments will represent our first venture into the co-living market space and give us the opportunity to develop a case study of how the Sapient system can be used as a value-add in the building design and development processes.
1000% Raised ($250,000 and growing) on Republic — Only 11 days since Republic officially unveiled our campaign and we are already at over 1000% of our fundraising goal. We still have two months to go! Visit republic.co/sapient to see our progress.
Strategic Institutional Investors — We have also closed an investment with Engage Ventures and Tech Square Ventures, who will be important strategic institutional partners, and accepted several investments from strategic angel investors over the past month.
LoRaWAN Integration — LoRaWAN stands for Long Range Wide Area Network, and is a rapidly-growing standard in IoT technologies due to its convenience and ability to drastically reduce hardware costs when deploying within buildings. The standard practice for LoRaWAN integration to an existing product is making time-consuming and expensive modifications to the hardware to support a LoRaWAN chip. Given that Sapient is hardware-agnostic and does not make its own hardware, integrating LoRaWAN would require building hardware from scratch—a price tag of up to $1m. We're happy to announce that over the next several months, we will be building flexible solution to convert any off-the-shelf WiFi smart outlet, to a LoRaWAN-compatible outlet. This will drive down our hardware and overall deployment costs dramatically.
Ways you can help
We're hiring as quickly as possible. Please share with anyone you think might be a fit. Our online application can be found here on the website: https://www.sapient.industries/careers/
- Senior software engineering generalist
- Machine learning software engineering specialist
- Operations manager
- Customer account success manager
Sam & Martin