WASHINGTON, DC—Commercial real estate software company Aquicore recently announced the acquisition of Entic, an analytics platform that generates recommendations to drive peak utilities and facilities performance for commercial buildings.

With the addition of Entic, the Aquicore platform will be able to offer more in-depth analytics on a single building in addition to providing insights across a portfolio. Currently, there is a big gap in the proptech industry, with solutions either providing single building level information or portfolio reporting, neither of which provide enough insights to make real decisions, Aquicore Founder and CEO Logan Soya tells GlobeSt.com. “Together we will propel the proptech industry forward, giving the commercial real estate industry a powerful solution unlike any it's ever seen,” Soya says.

Aquicore supports the notion that data alone doesn't work and technology is needed to connect the dots between data and the people making the decisions.

“I think we'll begin to see companies shifting toward the needs of CRE professionals and building solutions that are “people-first” rather than “data-first,” Soya says.

Entic's data will be accessible through Aquicore's mobile application and cloud-based platform.

Combined, Aquicore and Entic are used across 250 million square feet. The joint company is backed by institutional investors including The Blackstone Group, ClearSky, Navitas Capital, Normandy Real Estate Partners and Fifth Wall Ventures.

Instant Insights /

Aquicore Buys Entic in CRE Asset Management Tech Play

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