Aquicore
Aquicore (operating as Noda) provides an agentic AI platform for commercial real estate building operations. The cloud-based software monitors building systems, detects equipment failures, optimizes energy usage, and automates work orders for enterprise CRE owners and operators.
- Company typePrivate
- Founded2012
- HeadquartersWashington, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Aquicore does
Aquicore, now operating as Noda, is a Washington DC-based software company founded in 2012 that provides an agentic AI platform for commercial real estate building operations. The company serves enterprise commercial real estate owners and operators, deploying a cloud-based platform that ingests data from building management systems, IoT sensors, weather signals, and utility feeds to optimize equipment performance and extend engineering capacity across entire portfolios. The platform is delivered through a direct enterprise field sales motion targeting C-suite executives, asset management teams, engineering and operations personnel, and sustainability teams across Class A office, retail, hospitality, healthcare, and data center assets.
The platform's central feature is the Noda AI Assistant, an always-on agentic AI that continuously monitors buildings for equipment anomalies, generates automated work orders, and produces diagnostic reports. Key capabilities include predictive failure detection that identifies bearing wear and other faults 39+ days before catastrophic failure using vibration FFT and harmonic peak analysis; a continuous controls optimization engine delivering 15-25% annual energy reduction across HVAC systems; and portfolio-wide monitoring with 99.8% comfort SLA achievement and 100M+ data points processed daily. The system integrates with existing BMS infrastructure without requiring new hardware installations, and codifies decades of building engineering expertise into AI-driven reasoning.
Noda monetizes through annual enterprise SaaS subscriptions priced based on portfolio size and scope, with a quote-based pricing model targeting portfolio-level deployments. Named enterprise customers include JLL, CBRE, Hilton, Macerich, Salesforce, Cousins, Davis, DivcoWest, MRP, Commonwealth, and Perform Properties. The company has raised approximately $36.4M across eight funding rounds from 2013 through 2022 from investors including Keyframe Capital Partners, The Westly Group, Blackstone Group, ClearSky, Fifth Wall, and Navitas Capital. Leadership includes CEO Cleve Adams, SVP Sales Robert Veit, VP Operations Roy Illingworth, Director Kevin Clayton, and Director of Finance Shane Vincent.
Aquicore firmographics
Firmographics- Name
- Aquicore
- Legal name
- Noda
- Website
- https://aquicore.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Aquicore (operating as Noda) provides an agentic AI platform for commercial real estate building operations. The cloud-based software monitors building systems, detects equipment failures, optimizes energy usage, and automates work orders for enterprise CRE owners and operators.
- Ownership category
- akta.pro rank
Where Aquicore is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Markets served
Aquicore business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform Subscription: Annual SaaS subscription model for access to the Noda AI operating system. Pricing appears quote-based for enterprise portfolio deployments, with savings-driven ROI demonstration for prospects.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise Portfolio Plans |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Aquicore product offering
Product offeringCore offering
Aquicore operates a cloud-based asset operations platform for the commercial real estate sector, currently marketed under the Noda brand. The platform functions as an agentic AI operating system for building operations, ingesting building management system, IoT, weather, and utility data to autonomously detect anomalies, predict equipment failures, generate work orders, and optimize energy consumption across enterprise portfolios.
Differentiator
Problem solved
Functional benefit
Products and services
- Noda AI Operating System
Quantifiable outcome
- 15-25% average annual energy reduction across deployed assets
- +6 more outcomes
Companies that use Aquicore
Customer profileNamed customers11 records
Segments10 records
Ideal customer profiles1 record
Aquicore technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Aquicore partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights5 records
Aquicore competitors and assessment
Company assessmentDirect peers
- BrainBox AI: BrainBox AI offers AI-powered HVAC and building energy optimization for commercial real estate. Directly comparable to Noda as both target CRE owner/operators with autonomous AI that reduces energy consumption across portfolios.
- 75F: 75F provides IoT and cloud-based HVAC optimization for commercial buildings using predictive controls. Closely comparable to Noda's energy optimization engine and predictive maintenance capabilities, serving similar CRE and light-commercial customers.
- BuildingIQ: BuildingIQ delivers AI-driven HVAC optimization and building analytics for mid-to-large commercial portfolios. Comparable to Noda in targeting energy cost reduction and predictive operations across CRE owner/operators.
- Switch Automation: Switch Automation provides a building analytics platform integrating with BMS to monitor performance, energy, and occupant comfort. Directly comparable to Noda on portfolio-wide monitoring and operational intelligence for CRE.
- GridPoint: GridPoint offers energy management and building optimization software combining IoT submetering, HVAC controls, and analytics. Comparable to Noda on energy cost reduction and asset-level operational intelligence for multi-site portfolios.
Broad incumbents
- Honeywell Forge: Honeywell Forge is Honeywell's enterprise performance management platform with built-in building energy and asset optimization modules. A broad incumbent overlap with Noda given Honeywell's installed BMS base and emerging AI features across CRE portfolios.
- Siemens Building Technologies (Building X): Siemens offers Building X, a digital building platform combining BMS, energy analytics, and AI-driven optimization. Broad incumbent competing with Noda across the same enterprise CRE buyer with deeper hardware integration.
- Schneider Electric EcoStruxure: Schneider Electric's EcoStruxure platform spans building management, energy optimization, and sustainability analytics. Broad incumbent with significant portfolio overlap with Noda's energy and NOI optimization value proposition.
Others
- JLL (JLL Spark / Hank Technologies): While JLL is a Noda customer, JLL also invests in and partners with PropTech solutions for CRE operations, including in-house AI/operational tools. Indirectly comparable as both a buyer and adjacent ecosystem participant in CRE building operations technology.
Emerging players
- Enverid: Enverid provides air purification and IAQ-as-a-service solutions for commercial buildings. Adjacent and thematically related to Noda via commercial building operations, though focused on indoor air quality rather than energy optimization.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Aquicore social profiles
Digital presenceAquicore financial estimates
Financial estimateRevenue estimate
Valuation estimate
Aquicore leadership team
Management profileNumber of profiles
Profiles5 records
Aquicore funding detail
Funding detailFunding overview
Funding rounds8 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Aquicore M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Aquicore
What does Aquicore do?
Aquicore operates a cloud-based asset operations platform for the commercial real estate sector, currently marketed under the Noda brand. The platform functions as an agentic AI operating system for building operations, ingesting building management system, IoT, weather, and utility data to autonomously detect anomalies, predict equipment failures, generate work orders, and optimize energy consumption across enterprise portfolios.
Is Aquicore a public or private company?
Aquicore is a private company. It is classified as venture growth investor backed and is currently operating.
When was Aquicore founded?
Aquicore was founded in 2012. It employs 51 to 100 people.
Where is Aquicore based?
Aquicore is headquartered in Washington, United States, in the North America region.
How does Aquicore make money?
One revenue line is on record: saaS Platform Subscription.
Who are Aquicore's main competitors?
Direct peers on record are BrainBox AI, 75F, BuildingIQ, Switch Automation and GridPoint. Broad incumbents are Honeywell Forge, Siemens Building Technologies (Building X) and Schneider Electric EcoStruxure. JLL (JLL Spark / Hank Technologies) is listed as an others. Enverid is listed as an emerging player.
Does Aquicore have an API?
No public API is recorded for Aquicore.