March!
February 28, 2025 (Review of Week
9)
Metrics
- Unique Buildings: 6,060 (February, +64 MoM)
- Annual Run Rate: $1.28M
- Monthly net burn (accrual basis): $92,959 (3-month avg through February)
- Year-to-Last Month net burn (cash basis): $173,252.90
- 2025 Transaction fees to date: $0
- Outstanding invoices as of today: $266,593 (+$81,312 WoW or +43.89% WoW)
Last Week’s Highlights
- Marc and I had a great meeting with ConEd. We had some good brainstorming and got some additional insight into the 2026 re-compete, which will be released sometime next month (the RFPs don’t stop!). They really seem interested in continuing to work with us on ways to help everything most faster, which is great to hear! (JB)
- We are all-but-inked on our 2025 SOW with Willdan. I’m excited to have that finalized so a) we can get paid 💰 and b) we can dig into programs and projects with them–they want to run a pilot program this year. (JB)
- Naina and Robin created an analysis for a side project with the Urban Green Council (obligatory acronym UGC), flexing the combined power of our Building Knowledge Base and Calc Service, to identify a range of scope costs for the HVAC/DHW Optimization suggested scope for old large buildings. I hope our ability to run such complex analysis on many buildings will become a key differentiator for us. (FH)
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?
Jason’s List
Carryover:
- Still waiting on RFP news…
- Will Service Providers see value using Momentum? And can we make them happy (or at least not actively antagonistic) while trying to displace a lot of what they do today?
- How can we continue to reduce the barriers to giving owners useful information? I’m eager to try scraping data out of pdfs and other documents so we can make it easier to get non-public information.
- Figuring out a sustainable sprint planning routine that allows us to reliably ship on time and to know what will be in the release–and move faster.
- Updating our project workflow. We have a better idea of who will be using this now, which is a great start.
François’ List
Same as last week:
- Schrödinger’s RFPs
- Keeping momentum on AI why tackling large new challenges
Erika’s List
- Still keeping my eye on the HR documentation and onboarding process - I would really want feedback and have the team aware of the changes ahead of any new hiring.
- Also in the HR realm is seeing how we can make health care more affordable for us as the employer and for employees. Our plans should be able to scale in a cost-efficient manner without sacrificing coverage or benefits. This would also be tied to an exploration of another PEO (Professional Employer Organization, which is a third-party company that provides HR services to businesses).
On Deck for This Week
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- Did we miss a highlight? Something else you want to react to?