WellStat is a PropTech company that provides energy management and air quality solutions for buildings, leveraging advanced data analytics, IoT integration, and smart building technologies. WellStat offers a platform designed to help property owners and managers reduce operational costs, lower emissions, improve grid reliability, achieve sustainability goals, and support occupant well-being.
The WellStat platform integrates with existing Building Management Systems (BMS) to deliver real-time insights, customizable alerts, detailed reporting, and tenant billing features. This integration allows building operators to make data-driven decisions for optimizing building performance and ensuring healthier, more efficient environments. The system is trusted by leading organizations in the real estate sector for its ability to streamline operations and enhance the value of their properties.
How Was WellStat Started?
WellStat was founded by a leadership team with experience in software development and commercial real estate technology: David Brown (Chief Executive Officer), Vivek Sanan (Chief Product Officer), John Gaganiaras (Chief Financial Officer), and Zheng Yan (Chief Commercial Officer). Their combined expertise in energy management and technology guides the company's mission to improve building operations and sustainability. More about their story can be found on their About page.
Who Uses WellStat?
WellStat primarily serves large property owners, real estate investors, and property management firms seeking to optimize building performance and sustainability. Notable customers include:
- Brookfield Properties
- RXR Realty
- Blackrock
- CBRE
- Clarion Partners
- Oxford Properties
- Rockefeller Group
- SL-Green
- Silverstein
- Shorenstein Properties
- Paramount Group
- Akridge
- AREP
- Avison Young
- Howard-Hughes Corporation
- Manulife
- Principal
- HS-Emp
- LPC
- Piedmont Office Realty Trust
- BGO
- CF
These organizations use WellStat to manage diverse portfolios and improve building efficiency at scale.
What Makes WellStat Distinct?
WellStat stands out for its ability to integrate seamlessly with existing BMS ecosystems and provide tools for actionable, data-driven decision-making. The platform enables customizable alerts, robust reporting, and support for tenant billing, all aimed at improving both operational efficiency and occupant health.
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