CHARLESTON, S.C.--(BUSINESS WIRE)--SCRA Technology Ventures’ SC Launch program presented a “big check” investment to Charleston-area company GreenWizard during a networking event at the SCRA Applied Research Center in Charleston on Monday. GreenWizard has received previous investment funding from SCRA’s internationally-recognized, technology-based economic development program and qualified for additional investment through promising business growth.
GreenWizard is a comprehensive product management software and project collaboration provider that enables the design and construction community to better manage products and project data, collaborate on projects, assess LEED design and construction credits, integrate with LEED Online and archive projects. GreenWizard’s tools simplify the process of building efficient, healthy and sustainable construction projects. Architecture, Engineering and Construction firms are able to utilize GreenWizard’s tools to collaborate on product data and documentation, which is supplied and updated directly from manufacturers.
"SCRA's support for GreenWizard over the last three years has been tremendous,” said Jerry Lepore, President/COO, GreenWizard. In a short time, the top design and construction firms in the country have adopted our software and are using it on $19 billion worth of green and sustainable projects around the world. In addition to bringing outside business and investors to the area, we have been able to introduce new professional opportunities in a growing industry, and will continue to support internship programs from the local colleges in order to keep our human capital home."
“We are delighted to celebrate the success that GreenWizard continues to bring as the company grows and contributes to South Carolina’s Knowledge Economy,” said SCRA CEO Bill Mahoney. “It is with companies like GreenWizard that we will continue to forge a strong entrepreneurial, technology-based economy for our state.”
About SCRA Technology Ventures
SCRA Technology Ventures helps innovative companies grow and develop new technologies, creating jobs and advancing the Knowledge Economy throughout South Carolina. This SCRA business sector provides support and mentoring through its flagship SC Launch program to early stage, start-up technology companies. Since 2006, SCRA has deployed over $72 million in funding and infrastructure to support over 280 high-tech, early-stage enterprises, and has directly invested nearly $16 million in South Carolina start-ups, attracting over $250 million in private investment. SCRA Technology Ventures also supports commercialization and growth by facilitating the transfer of intellectual property and accelerating the transition of inventions to the marketplace. Additionally, SCRA Technology Ventures invests in more established technology companies through its Stage 2 affiliate.
Multiple economic impact studies show SCRA's cumulative output on South Carolina's economy to be over $15.3 billion, and that the company has helped create approximately 15,000 technology-related jobs in the state, with annual wages averaging between $55,000 and $77,000.
About GreenWizard
GreenWizard is comprehensive Product Management WORKflow® and project collaboration software platform that enables the design and construction community to better manage products and project data, collaborate on projects, assess LEED design and construction credits, integrate with LEED Online, and archive projects. The company’s software is utilized by the one-half of the nation’s top 10 design firms alone, with roughly $19 billion in commercial construction projects currently evaluating their building material needs through the GreenWizard WORKflow®. Building owners, architects, engineers and contractors can use GreenWizard’s WORKflow® Pro solution at any phase of a building project. The Charleston, SC-based company was founded in 2008. Follow GreenWizard on Facebook, Twitter, and LinkedIn. www.GreenWizard.com
