AZX

AZX

Provides bespoke AI solutions for enterprises

Overview

AZX provides bespoke AI solutions for critical, asset-heavy industries such as energy, real estate, and supply chain. It embeds dedicated AI teams within client organizations to build custom models and applications that integrate with existing systems, solving internal processes, unstructured data, and regulatory challenges. Its offerings include AI growth strategies, disruption management, and AI-powered agents, built on platforms from Azure, AWS, GCP, OpenAI, and Anthropic. As a Public Benefit Corporation with a climate mission, AZX aims to accelerate sustainability and decarbonization by delivering industry-specific, tightly integrated AI solutions.

About AZX

Simplify's Rating
Why AZX is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Energy

AI & Machine Learning

Real Estate

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Seattle, Washington

Founded

2024

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Simplify's Take

What believers are saying

  • Puget Sound Energy pilots cut outages 25% in 2026, boosting AZX custom integration demand.
  • CBRE's March 2026 gen AI platform exposes legacy data gaps AZX fills precisely.
  • Franklin Energy's February 2026 DOE grant opens AI subcontracting for AZX expertise.

What critics are saying

  • Microsoft Azure Copilot steals Puget Sound Energy with low-cost energy AI in 6 months.
  • OpenAI enterprise agents commoditize AZX models, forcing Franklin Energy to APIs in 12 months.
  • Washington HB 2045 mandates block AZX proprietary integrations starting July 2026.

What makes AZX unique

  • AZX builds bespoke AI integrating digital twins and physics models into client systems.
  • Client-centric model embeds teams to solve energy and real estate operational challenges.
  • Avoids SaaS and consulting traps by prioritizing code over PowerPoint for transformations.

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Benefits

Health Insurance

Unlimited Paid Time Off

Company Equity

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
GeekWire
Jan 28th, 2026
Seattle tech veterans raise $6M for AZX to build custom AI solutions for energy industry

AZX, a Bellevue, Washington-based startup building custom AI solutions for utilities and energy companies, has raised $6 million in pre-seed funding. The round was led by AI2 Incubator and SFV, with participation from Founders' Co-op, Kompas, Powerhouse Ventures and others. Founded in October 2024 by tech veterans Aaron Goldfeder, Rich Evans and Michael Albrecht, AZX has grown to 20 employees. The company reported first-quarter revenue increased tenfold year-over-year. AZX combines various AI tools including analytics, machine learning and digital twins to build bespoke applications that integrate into clients' existing systems. Current customers include Puget Sound Energy, CBRE and Franklin Energy. The public benefit corporation aims to help address climate-related challenges as utilities invest hundreds of billions in grid modernisation.

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