Forsa
Pitch video
Mission
15 wordsForsa helps commercial property owners, operators, and investors decarbonize their buildings and optimize their energy.
Why this business is necessary
421 wordsCommercial real estate is an industry that is severely behind in adopting technology and sustainability. Due to the impact of global warming, legislators and tenants have become increasingly environmentally conscious. Across the United States, over 40 cities have implemented or are planning to implement Greenhouse Gas (GHG) caps, and more cities are adopting limits every year. In New York City alone, ~60% of commercial buildings are already out of compliance with the carbon limit. Across the United States, ~25% will be non-compliant, resulting in $2-4 billion in fines by 2030. Owners can decide to “retrofit” their buildings, which is the process of modifying buildings with new technology, materials, or design to improve energy efficiency, safety, and functionality. If owners don’t comply, they can face large penalties. Additionally, commercial buildings across the United States waste 10-30% on average on operational waste. However, understanding regulation and developing a strategy to solve this problem is complex and costly. Many owners do not know whether they are compliant with local laws, how much they will owe, or how much energy they may be wasting. The retrofit market in North America is 80B. The money to fund these projects is there, but goes unclaimed. C-Pace originations hit a record 3.5B in 2025, up 30% annually. The IRA unlocked 369B in climate incentives, tax credit and state programs exist in every state. Billions go unclaimed every year. However, stacking these is a full-time job. The options owners have to solve this are fragmented, weak, and confusing. Some owners may hire consultants to develop a strategy, but this is not time-efficient and does not give the owners the full picture. Other building sustainability software do not have regulatory components, and do not give information on retrofitting and financing costs. Companies like Arcadia does utility reporting, Measurbl does ESG reporting, and BlocPower does residential electrification. There is no platform that owns the full workflow. And gives owners compliance information, energy optimization, project/financing facilitation, and ongoing monitoring. Forsa solves this problem and automates a solution. Forsa gives owners ready-to-go information on whether they are compliant with local laws, how much it would cost to retrofit, their retrofit ROI, building-specific energy information, and an energy optimization pathway. Additionally, Forsa will plan to automate the matchmaking process between green financing lenders and contractors. Forsa is a necessity to help cities achieve their goal of net-zero carbon emissions, streamlining and automating the process for owners, and transforming our cities into clean, efficient, and environmentally sustainable environments for the world.