# Aquicore

Aquicore is an Asset Manager based in Washington, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Washington, United States
- **Region:** North America
- **Address:** Washington, United States
- **Assets under management:** Undisclosed
- **Website:** aquicore.com
- **LinkedIn:** https://www.linkedin.com/company/aquicore

## Regulatory record

- **Reports private funds:** No

## About

Noda is an agentic AI platform for commercial building operations that works as a virtual building engineer, continuously tuning HVAC and energy systems to grow net operating income and protect asset value. It finds and fixes problems 24/7 across portfolios so owners can scale engineering capacity and grow NOI. The company is remote-first, with 65 team members and 3 global offices.

## Sectors

- PropTech
- AI/ML
- Energy Transition & Renewables

## People

- Kate Henningsen — CEO

## Questions

### What does Aquicore's Noda platform actually do?

Noda is an agentic AI that connects to a building's existing systems — BMS, IoT sensors, and utility data — and autonomously adjusts controls, detects equipment faults, and reroutes loads to cut energy and maintenance costs. It operates continuously across every asset in a portfolio without requiring on-site engineer intervention. The firm reports processing over 100 million data points daily.

### Which asset classes and building types does Noda target?

Noda is deployed across office, hospitality, and multi-site commercial portfolios. The firm's published case studies reference office towers and hotel portfolios specifically. Hilton is a named customer, using Noda to manage utility performance across more than 9,200 properties.

### Is Aquicore an investment firm or a technology company?

Aquicore is a technology company providing operational software to commercial real estate owners and operators. It does not manage investment capital or make direct property investments. Its business model is enterprise SaaS, scaling through software subscriptions tied to portfolio square footage.

### How does Noda deliver guaranteed savings?

Savings are realized through three mechanisms: continuous control optimization that reduces energy consumption with no setpoint tradeoffs, predictive fault detection that prevents costly emergency repairs, and load-shifting strategies that avoid peak electricity charges. The firm provides a modeled savings estimate during a demo using a customer's actual portfolio parameters.

### Does Aquicore take a share of the energy savings it generates?

Available sources describe Noda as a software platform with a standard SaaS engagement model. There is no public mention of a shared-savings or performance-contracting structure. Specific pricing is not publicly disclosed.

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Last updated: 2026-08-11T15:06:04.815Z

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