KC’s Site 1001 eyes Raleigh as next smart city, opens innovation office

August 15, 2017  |  Meghan LeVota

site1001

Following the firm’s $6 million raise earlier this month, Kansas City-based Site 1001 recently announced it selected the city of Raleigh, North Carolina, for a new office and innovation center.

A technology spin out from Kansas City construction giant JE Dunn Construction, the firm said in a release that it plans to work with Raleigh’s city and technology leaders to establish smart city infrastructure, using artificial intelligence.

The number of smart city projects taking place in the Raleigh area is exciting, Site 1001 CEO Cleve Adams said.

“Site 1001 is looking forward to helping Raleigh not only become a smart city, but a model for other smart cities as well,” Adams said in a release. “The region hosts a unique collaboration between private, public, and academic resources that are rapidly making it a leader in the development of the interconnected technologies defining the foundation of smarter, more efficient communities around the globe.”

Site 1001 began about a year ago as a facilities management platform that helped building owners and operators maintain their systems more efficiently.

As the firm grew, Site 1001 has enhanced its platform through machine learning tools that help to recognize building components in existing facilities and automate interactions between building sensors and systems. The technology aims to provide building managers with operational and maintenance information that they need to cut down on energy and water waste.

Derrick Minor, innovation and entrepreneurship manager at the City of Raleigh, believes Site 1001 is a perfect fit for Raleigh, he said.

“Site 1001 is exactly the type of company we want in Raleigh,” Minor said. “Raleigh is becoming an environment rich with high tech, entrepreneurial companies that not only build a cool and futuristic place to live, but create new jobs and improve the local economy.”

The firm has already partnered with such regional academic and business networks as NC RIoT, HQ Raleigh, and the Research Triangle Cleantech Cluster. Site 1001 plans to open its Raleigh innovation center to the public in October.

To boost its engineering, research and sales efforts, Site 1001 recently raised $6 million. The investment round was led by JE Dunn Construction and included participation from other Kansas City firms, including Flyover Capital, Tifec, Ward Ventures and the KC Rise fund, Site 1001 said in a release.

Site 1001 has quickly grown to 30 staffers since its founding in 2016, and features an executive team with decades of experience in technology, engineering, marketing and sales. The company has three offices, with headquarters in Kansas City, a west coast branch in San Clemente, California, and a research and development office in Bend, Oregon.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2017 Startups to Watch

        stats here

        Related Posts on Startland News

        Techstars KC demo day: How to build inclusive teams that give first

        By Tommy Felts | October 13, 2017

        When Lesa Mitchell first learned she’d be managing director of the inaugural Techstars KC program, she thought to herself, “Wow, I’m going to have the most inclusive program in the world,” she said Thursday at the program’s demo day event. As it turns out, diversity and inclusion can be difficult to apply — even with…

        Techstars KC

        No folly for Techstars KC startups declaring growth at demo day (photo gallery)

        By Tommy Felts | October 13, 2017

        Traction, new pilot tests and funding rounds were among the milestones met and revealed by a handful of Techstars KC startups at the accelerator’s inaugural demo day celebration. The 2017 Techstars KC class features a variety of industries — from edtech and artificial intelligence to virtual reality and food. Five of the 10 companies hail from…

        Is KC enough for Amazon? Pros and cons

        By Tommy Felts | October 12, 2017

        Correction: An earlier version of this story used an incorrect figure for Kansas City streetcar ridership. It has since been corrected to  reflect the system’s more than 3 million riders. Kansas City wants Amazon. But does the online retail giant want KC? With only a few days remaining before the deadline to submit proposals for…

        Deadlines approach for $100K, $500K co-investment opportunities for MO startups

        By Tommy Felts | October 12, 2017

        It’s easy to form an idea. It’s more difficult to take it to market. The Missouri Tech Corporation’s IDEA Funds seek to facilitate the commercialization process for high-tech Missouri technologies, via a variety of co-investment opportunities. The IDEA Funds divide financing into four components that correspond to four stages of growth for entrepreneurs, from pre-investment…