Bessemer Ventures and Fifth Wall inject more than $ 5 million into WiredScore

by bold-lichterman

The amount

Bessemer Venture Partners and Fitth Wall acquire a stake in WiredScore, a company specializing in the evaluation of the connectivity of business buildings. The two venture capital firms have decided to support WiredScore by investing more than $ 5 million.

The market

Launched in 2013 by Ariel Barendrecht, in partnership with the City of New York and its then mayor, Michael Bloomberg, WiredScore created the global “Wired Certification” label, which assesses the connectivity of office buildings. This certification thus aims to carry out an inventory and identify the connectivity potential of existing buildings. From this field analysis, WiredScore’s goal is to make connectivity a priority in the design of new office buildings.

To date, the company is present in more than 50 cities around the world. It claims the connectivity rating of 1,000 buildings, including the Empire State Building in New York and the Shard in London. The 1,000th building complex labeled by WiredScore is located in France, with the Sisters Towers project in La Défense.

The objectives of the Start-up

This funding should allow WiredScore to accelerate its growth in Europe, where the company has three branches in London, Berlin and London. Present in France since last March, it aims for a target of 100 labels by 2018.

WiredScore: the key data

Founder: Arie Barendrecht
Creation: 2013
The head office : New York
Activity: connectivity assessment of business buildings
Funding: over $ 5 million in October 2017