NEW YORK, August 13, 2025 – WellStat, a global leader in energy management and air quality solutions, today announced it has been selected as winner of the “Facilities Management Innovation of the Year” award in the 5th annual PropTech Breakthrough Awards program conducted by PropTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes the world’s most innovative real estate technology companies and solutions.
WellStat’s comprehensive facilities management platform combines advanced data analytics with real-time insights into indoor air quality (IAQ), energy efficiency, tenant billing, and demand response, empowering facilities managers to make informed, proactive decisions. The company’s solutions enable customers to manage energy consumption, ensure healthier environments, and reduce operational costs. WellStat’s tenant billing system streamlines the process of allocating energy costs based on real usage, making billing more transparent and accurate. Demand response capabilities allow buildings to engage in energy-saving programs during peak consumption periods, further improving energy efficiency and generating financial incentives.
From single spaces to entire portfolios, the WellStat Air product family provides real-time air quality insights that elevate indoor health and enhance occupant well-being. The Energy Management platform allows customers to see and manage energy usage in real time. Energy usage is represented in dollars so customers see where their expenses are coming from, and flexible options allow them to process, visualize, and export data to intelligently run buildings. WellStat uses machine learning to analyze how buildings relate to the weather, occupancy, and changing operations to make energy predictions.
WellStat also provides consulting through custom energy solutions for unique customer needs, ensuring companies can grow dynamically, adapt to changing needs, and achieve long-term success.
“We are dedicated to transforming facilities management through innovative solutions that optimize building performance, enhance tenant experiences, and drive operational efficiency. By turning insights into action, we help customers reduce their carbon footprint, boost well-being, and drive sustainability, all while creating smarter spaces where people thrive,” said Dave Brown, CEO of WellStat. “We’re grateful to PropTech Breakthrough for this award and reaffirm our commitment to continuous innovation, coupled with a customer-first approach that results in smart technologies shaping energy management, air quality, and smart building solutions.”
The PropTech sector is rapidly redefining how people buy, sell, manage and experience real estate, transforming one of the world’s largest asset classes. From AI-driven property insights and digital transaction platforms to smart building technologies and sustainability solutions, PropTech is delivering greater efficiency, transparency and sustainability.
The mission of the annual PropTech Breakthrough Awards program is to shine a spotlight on the innovators and trailblazers who are not only keeping pace with this dynamic industry - but actively driving it forward. By conducting one of the PropTech industry’s most rigorous evaluations of technology companies and solutions, reviewing thousands of award nominations each year, PropTech Breakthrough aims to inspire further innovation and help propel the real estate industry into a smarter, more connected and sustainable future.
“WellStat’s cohesive platform represents a major leap forward in facilities management. Managing facilities requires a balance of energy usage, indoor air quality, and utility billing systems. Legacy and manual systems make decision-making slow and reactive instead of strategic and proactive, especially with aging or refitted infrastructure,” said Bryan Vaughn, Managing Director of PropTech Breakthrough Awards. “WellStat provides real-time data and actionable insights that help facilities managers improve building performance, reduce costs, and meet sustainability goals, all while ensuring a healthier, more comfortable environment for tenants. We’re thrilled to award WellStat with ‘Facilities Management Innovation of the Year!’”
WellStat serves facilities within the commercial real estate, healthcare, education sectors and more.
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About WellStat
WellStat is a leading PropTech company transforming energy management and air quality solutions for all built environments. Through advanced data analytics, IoT integration, and smart building solutions, WellStat helps its customers reduce operational costs, reduce emissions, improve grid reliability, meet sustainability targets, and enhance occupant well-being. Guided by a customer-focused leadership team, WellStat delivers innovative tools that optimize building performance, improve air quality, and create healthier, more efficient environments. The WellStat platform integrates seamlessly with Building Management Systems (BMS) ecosystems, supporting customizable alerts, reporting, and tenant billing, to enable efficient, data-driven decision-making. Trusted by some of the largest names in real estate, WellStat’s platform offers real-time insights that help property owners and managers make informed decisions, driving sustainable, cost-effective operations that benefit both businesses and their occupants. For more information visit wellstat.io.
About PropTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the PropTech Breakthrough Awards program is devoted to honoring excellence in technologies, services, companies and products that empower remote work and distributed teams around the globe. The PropTech Breakthrough Awards program provides a forum for public recognition around the achievements of technology companies and solutions in categories including messaging & communication, project management, virtual events, team collaboration, virtual offices, collaborative design and more. For more information visit PropTechBreakthrough.com.
Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose