Press Release: Ecolytics Joins Techstars Energytech Accelerator to Help Companies Turn Their Impact into an Asset

By Hazel Horvath
January 29, 2024
3 min read
 

For Immediate Release

September 13, 2022

Media Inquiries:

media@ecolytics.io

Techstars will enable Ecolytics to accelerate software development and customer acquisition for its all-in-one sustainability platform.

(Birmingham, AL) - Today, Ecolytics announced its participation in the Techstars Alabama EnergyTech Accelerator to advance their growth in helping companies measure, improve, and showcase impact, so businesses can immediately take action on sustainability. Techstars is a top global accelerator program that provides startups with funding, mentorship, and access to the Techstars mentor and alumni network.

“Ecolytics is honored to join a cohort of top startups that will reach the next level with Techstars’ resources,” said Hazel Horvath, Founder and CEO of Ecolytics. “We look forward to continuing our mission of building a sustainable economy, where every company knows their impact and can use Ecolytics to harness that data to improve their business and the planet.”

Ecolytics helps businesses by first measuring ESG (Environmental, Social, and Governance) impact. Then, the software identifies and recommends key actions companies can take to reduce emissions and improve social, governance, and other environmental factors. Lastly, Ecolytics provides customizable, sharable Action Pages that act as a dynamic record of business' progress towards sustainability, and create a simple, transparent way for teams, investors, and consumers to understand corporate impact.

Ecolytics is a platform that grows with a business, as sustainability needs change from a small business to the enterprise-level. Ecolytics can both empower smaller teams to launch a  sustainability program and help larger businesses with established sustainability staff reach their goals faster.

"I first met Hazel over a year ago and quickly recognized that she was a tenacious entrepreneur tackling a big problem,” said Nate Schmidt, Managing Director of Techstars Alabama. “Every day more companies are taking notice that paying attention to ESGs is not only the right thing to do, but positively impacts their bottom line. Ecolytics will provide the resources necessary to support this shift, and we're thrilled to have Hazel in our upcoming Techstars Alabama EnergyTech class."

The Techstars Alabama EnergyTech Accelerator brings together 10 companies from across the globe to build energy, climate, and sustainability-focused companies. The program partners with several entities in Alabama (Alabama Power, Altec, EDPA, PowerSouth, The University of Alabama, Southern Research, and the Alabama Department of Commerce), the Birmingham startup community, and a national network of energy and cleantech investors. Techstars Alabama EnergyTech teams have collectively raised tens of millions of dollars after the completion of the program.

Read the 2022 cohort announcement from Techstars: https://www.techstars.com/newsroom/techstars-alabama-energytech-announces-the-class-of-2022

Request a product demo: ecolytics.io/demo

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About Ecolytics

Ecolytics, a Techstars portfolio company, is the single platform for sustainability, helping companies turn their impact into an asset. Our software provides tools for companies to measure and track ESG, improve their performance through tailored recommendations, and showcase their progress and achievements. Companies across size and sector are working with Ecolytics to make their businesses better. Learn more: www.ecolytics.io

About Techstars

The Techstars worldwide network helps entrepreneurs succeed. Founded in 2006, Techstars began with three simple ideas—entrepreneurs create a better future for everyone, collaboration drives innovation, and great ideas can come from anywhere. Now we are on a mission to enable every person on the planet to contribute to, and benefit from, the success of entrepreneurs. In addition to operating accelerator programs and venture capital funds, we do this by connecting startups, investors, corporations, and cities to help build thriving startup communities. Techstars has invested in more than 2,900 companies with a combined market cap of approximately $159 billion. Learn more: www.techstars.com

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