FENESTRAPRO TO CREATE 18 JOBS AFTER SUCCESSFUL FUNDING ROUND
AN IRISH firm that helps architects and building designers to design more energy-efficient buildings is to create 18 new jobs, after securing a significant funding round which was supported by the Department of Jobs through Enterprise Ireland.
FenestraPro is an award-winning software provider developing applications that focus on the design of the façade of a building and its energy performance at the earliest stages of the conceptual design. This saves significant costs to the architects, and enables them to design better performing buildings more cost effectively, resulting in cost savings in excess of 30%.
Founded by specialist architects David Palmer and Simon Whelan, FenestraPro recently won the Global Cleantech Cluster Association (GCCA) Best in Green Building Award. News of the jobs comes as the firm looks to fill roles in software development, QA automation engineering, technical support, administration and sales and marketing.
With the assistance of advisors, MOCO Financial Solutions, FenestraPro recently landed seed funding of €550,000 from investors based in Ireland, the UK and the US, as well as Enterprise Ireland.
The roles, to be filled over the next 12 months, will be the first stage of a larger hiring plan to expand the business in the Irish, UK and US markets.
FenestraPro has enjoyed rapid growth, with key sales and trials in the largest architectural practices globally of its core product, FenestraPro Premium for Revit. The firm’s CEO David Palmer said: “Expansion will also provide support for our international distributor and reseller network in mainland Europe and the United States”.
The ‘green economy’ is a key sector which Government have targeted as part of their recently launched Enterprise 2025 jobs strategy.
FenestraPro’s announcement was welcomed by Minister for Enterprise, Richard Bruton who said: “This is a very welcome announcement from FenestraPro, I wish David, Simon and all the team every success as they roll out this project”.
Stephen Nolan, CEO of Ireland’s Sustainable Nation Ireland, said the news showed global recognition of the expertise in Ireland’s cleantech cluster. “This fusion of enterprise and investment expertise is setting Ireland apart from our international competitors. It is allowing Irish companies like FenestraPro win an increasing amount of international capital to support their growth.”
With the resounding success of the COP21 Paris Agreement serving as a backdrop, and a growing cluster of over 600 Irish firms active in cleantech, Irish firms are playing a big role in developing the tech solutions that are accelerating the transition to a low-carbon economy.
Stephen Hughes, Manager at Enterprise Ireland said “We are delighted to support FenestraPro in the creation of new jobs which will support its growth and development. This award winning company is an excellent example of new Irish companies bringing innovation to the construction sector internationally”.