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Thola is a Virtual Energy Service Platform (VESP) transforming how aging, energy-heavy industrial buildings are managed, insured, and sustained. Across mining, manufacturing, and large commercial facilities, infrastructure that is more than 30 years old faces increasing risks: high energy consumption, costly downtime, non-compliance with ESG standards, and insurance providers reluctant to offer coverage. Thola exists to close that gap. Our AI-powered platform connects seamlessly with existing sensors — from energy meters to thermal imaging and acoustic devices — eliminating the need for costly hardware overhauls. Through our edge gateway and analytics dashboard, we deliver: Real-time energy performance monitoring to reduce inefficiencies and operational costs. Predictive maintenance and fault detection that identifies degradation patterns before failures occur. Insurability and ESG compliance scoring, giving insurers the insights they need to cover older assets. Cluster-aware forecasting, which coordinates entire industrial zones so that energy peaks don’t collide; creating network effects and a data moat that traditional building management systems or utility aggregators cannot match.

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Nneile Nkholise is the Founder of THOLA.

2 people are employed at THOLA.

THOLA is based in Somerville, Massachusetts.

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