Al Subbloie
New York City Metropolitan Area,United States
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Al Subbloie is a seasoned serial entrepreneur and technology executive, best known as the founder and CEO of Budderfly, a pioneer in the Energy-as-a-Service (EaaS) industry. With a career spanning over three decades, he has a proven track record of building and scaling innovative, high-growth companies from the ground up. His current venture, Budderfly, provides businesses with a unique no-cost model to upgrade to energy-efficient equipment, helping them reduce their carbon footprint and operational costs. Before Budderfly, Al founded Tangoe, a global leader in Telecom Expense Management (TEM), which he successfully led through a public offering (IPO) on NASDAQ in 2011. His expertise lies in identifying market gaps and developing disruptive technology-based solutions, with a consistent focus on driving efficiency and value for customers.
Professional Summary
Al Subbloie's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Notable Achievements
Founder of Tangoe and Successful IPO
Founded Tangoe in 2000, a trailblazer in the Telecom Expense Management (TEM) industry. As Chairman and CEO, he guided the company through rapid growth, culminating in a successful Initial Public Offering (IPO) on the NASDAQ in 2011.
Pioneering Energy-as-a-Service (EaaS)
As the founder and CEO of Budderfly, Al Subbloie has been instrumental in popularizing the Energy-as-a-Service (EaaS) model. He developed a groundbreaking, no-upfront-cost solution for businesses to adopt energy-efficient technologies, driving sustainability and significant cost savings.
Ernst & Young Entrepreneur Of The Year®
Recognized for his exceptional leadership and vision, he received the prestigious Ernst & Young Entrepreneur Of The Year® award in the New York region in 2012 for his work in the technology sector with Tangoe.
Secured Significant Growth Capital for Budderfly
Successfully led Budderfly in securing substantial investments, including major funding from Partners Group, enabling the company to rapidly scale its EaaS solutions across North America and expand its market leadership.
Educational Background
Bachelor's Degree, Economics
Trinity College-Hartford - Year 1979
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Company Overview
BudderflyBudderfly is an Energy-as-a-Service (EaaS) provider that helps multi-location businesses, such as fast-food restaurants, convenience stores, and retail locations, reduce their energy consumption. The company provides and installs energy-efficient equipment, including LED lighting, advanced HVAC systems, and refrigeration controls, at no upfront cost to the customer. Budderfly's business model is based on a share of the energy savings generated, creating a partnership where both the client and Budderfly benefit from improved sustainability and lower utility bills.
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