Internal Documentation

Coming up on the roadmap

December 13, 2024 (Review of Week EOY-3)

Hello everyone! As you know, Marc, Jason, and I are eyeballs deep in responding to the CPC Climate Capital (GGRF) and NYC Accelerator RFPs! We are also in contract negotiation with NYSERDA for the data RFP that we lost then won. Here’s a small, not-comprehensive, preview of some of the new things headed our way in January:

  • “My Team Buildings” The time has finally come to allow users to see the buildings that belong to their whole team.
  • Team Profiles. Users will need to be able to see the qualifications information of their counterparties, like licenses, specializations, geography of service, what services they offer, etc.
  • Resiliency/Climate Adaptation Measures NYCA asks us to include adaptation measures.
  • Suggested scopes for Hotels, Dorms, Class B Office. We’ll need to be able to auto-generate preliminary scopes for simple buildings beyond multifamily
  • Tracking-only Generic Projects would enable buildings for which we don’t generate scopes of work (new construction, in the case of GGRF; Class A Office, Retail, and Manufacturing for NYCA) to use GP as a system of record and to track project progress.
  • Financial Solutions Library Like scope-builder, but for financing products. Present the list of financing products that match the building, scope, etc.
  • In-App Messaging: Ability to send/receive messages between stakeholders so they don’t have to resort to emails, starting with stakeholders/Teams within a Project, then expanding to between Teams generally
  • APIs: Another one that has been on the horizon for a while. We will need to integrate with various external systems, including Salesforce, by providing access to Momentum data from outside the application.

Metrics

  • Unique Buildings: 5,890 (November, +97 MoM)
  • Annual Run Rate: $1.29M (-$10K MoM)
  • Monthly net burn (accrual basis): $101,241 (3-month avg through Nov.)
  • Year-to-Last-Month net burn (cash basis): $125,518
  • 2024 Transaction fees to date: $50,056 (+$370 WoW - another CPC transaction fee came in)

  • Outstanding invoices as of today: $69,105 (-$79K WoW)

    If you missed the explanation of accrual vs. cash basis in last week’s thread on Slack, you can find it here

Last Week’s Highlights

  • We were able to push out a mid-sprint release to fix a few scope builder bugs that were blocking things for CPC CFHF projects. It’s good to keep them happy! (JB)
  • Got a verbal “yes” from First Service Energy on a 3k per month subscription for their NYC portfolio, continent on adding a couple of features (new financial metric and sticking their logo on our reports) that Jason will work into our roadmap. FSE is energy management subsidiary of the largest multifamily property manager in NYC and in the country so that is good (MZ)
  • We were accepted into the Startup NY program! That was another long slog, but we now have a number of tax-based benefits over the next ten years, including not having to pay sales tax or payroll tax in New York State. (EP)
  • Revived investment interest from a family foundation that we’ve been cultivating for a long time. This one is a long lead-time operation, but it’s good to keep these relationships live. (BJ)

Any missing highlights? Please share in Slack comments.

Crow’s Nest

Looking out for icebergs: What are the risks on the horizon that we’re watching for and navigating around?

François’ List

  • The new edit building details page will give our users more control, and free us from awkward DB edits. It’s also a sharp turn we will have to test carefully, since it’ll let them customize data in ways we’ve never been exposed to before. More control to users == more risk areas to test.
  • We’re chipping at UoB opportunistically in the context of short-term projects, as opposed to going to a cave for a big-bang refactor with a carefully crafted long-term game plan in mind. I think this is the right (only?) choice given the pressure on short-term deliverables and uncertainty on which RFPs we’ll land, but we should not paint ourselves into hard to escape corners with DB changes in particular.

Jason’s List

  • Tackling generic programs structure and generic projects UI update. We need these asap to check boxes on both the CPC GGRF and NYC Accelerator RFPs, as well as to support other existing clients. I hope we can turn this out very fast. We’ll all need to keep that scope creep at bay!
  • The rest of this month will require a lot of time spent on two big RFP responses, both which are critical for our GTM strategies within NYC (NYC Accelerator RFP) and in the rest of the country (CPC’s GGRF data collection platform).
  • Testing out AI to parse unstructured data supplied by users–it’ll be time to try this out soon enough.

Marc’s List

  • RFP stuff has been all consuming including perservation over how we can position ourslelves relative to Backpack, a compettitor on the national scene.

Erika’s List

  • Sara is now on leave and the new bookkeeper will not start until January. I had planned for taking on the additional tasks, but I want to make sure nothing builds up over the next couple of weeks. We will have a new bookkeeper in January so it is not a long-term constraint and we should be able to keep moving forward with all the FinOps projects lined up.
  • Being a global, remote-first company, we want to ensure we are set up for anyone to work from anywhere. We don’t currently have any parameters in place but they are important for building a compliant and global remote-first infrastructure.

Bomee’s List

  • Application team organizational mechanics - I think we are showing signs of improvement! We’re doing 360s, so it’s not without cost, but I think the communication and process improvements are very needed and we should keep plugging away at it.
  • Planning for the many, many things that need doing in 2025. We don’t yet know what will land, but it is a LOT.
  • Generic Project / Generic Program roll-out timing <– this is a pre-requisite for all the other 2025 items!
  • Staffing…contingent on getting one or more of these RFPs

On Deck for This Week

  • Gotta get those RFPs wrapped up! (JB)
  • Release 87–our final release of 2024! I’m excited to see the new building details page go live! (JB)
  • Updates to rebate programs in time for 2025, and even more data in the BKB (FH)
  • Year-end FinOps and HR wrap-ups and getting the team on our new accounts payable platform (EP).

  • We have 3x 360s! (BJ)

  • Here’s what’s on the Company Radar

Please Leave Feedback

Please note your reaction to this update in the Slack channel. It helps us to know what is resonating, what is unclear, etc. Thanks!

  • What are your highlights / lowlights?
  • Did we miss a highlight? Something else you want to react to?

Naina (Generalist) Dec 18th, 2024 at 6:48 AM

All of things coming in 2025 are super exciting. The one that is most interesting to me is the resiliency/climate adaptation measures. Psyched to start working on these!