Boston Mountains AIA Briefing
Secure, on-premises,
environmental compliance.
A regulator-grade operating system for the facilities that keep the country running.
The Reality
0
Major industrial facilities in the U.S. still run their environmental compliance on Excel spreadsheets and visual observations.
Power plants. Refineries. Steel mills. Chemical works. Each operates under a permit hundreds of pages long, tracked in spreadsheets, audited by clipboard, and defended in binders. The stakes are rising. The tooling has not changed in thirty years.
Why Now
Why this should be built now.
The burden of compliance interpretation has moved to the operator.
In Loper Bright Enterprises v. Raimondo, 603 U.S. 369 (2024), the Supreme Court overturned Chevron deference. Operators must now arrive with their own documented, defensible interpretations of federal rules.
Monitoring is becoming continuous.
EPA's Subparts OOOOb and OOOOc (Quad Ob/Oc, 89 Fed. Reg. 16820, March 8, 2024) make always-on methane monitoring the standard for oil and gas. Heavy industry is next. Someone has to organize the evidence.
A 400-page permit can now be read by a machine.
Modern LLMs translate dense, lawyerly regulatory text into executable rules a computer can check, file, and alarm against.
A ~$17B administrative compliance market
software has barely touched.
Today's legacy vendors sell into ~$6.8B of it. Another ~$10.1B is being done in-house. The wedge is the same across the regulatory landscape: paperwork, permits, monitoring, audit prep — all automatable.
~$6.8B / yr
Outsourced¹
Environmental consulting + EHS software.
~$10.1B / yr
Internal²
EPA Paperwork Reduction Act burden + corporate EHS labor.
What this means for an investor
The incumbents on the outsourced side are consultancies and legacy SaaS — billable hours and forms-over-database. No incumbent has built an AI-native workflow architecture as the foundation of the product. A product that absorbs reporting, permitting, and audit work compounds against both the outsourced spend and the in-house labor, with no entrenched modern competitor at scale.
Excludes physical compliance costs — pollution control O&M, treatment chemicals, remediation, waste disposal — not addressable by administrative workflow software. All figures reflect base-case estimates from a ~$15.3B–~$18.3B† range; low/high bounds and full methodology in the Verification Appendix.
The Platform
Two products.
One operating system.
It translates your permits into on-premises workflows linked to your sensors and your site's specific needs.
when stack_temp > 450°F
then file_report()
The Wedge
A secure data engine for environmental compliance.
It continuously reads state and federal rules, translating them into deterministic, machine-runnable instructions for compliance officers and outside counsel.
The Moat
A secure appliance for the plant floor.
It watches sensors, runs rules, and produces records on-device on Apple Silicon. A multi-tier architecture keeps facility data on-site while requirements stay continuously updated through a secure, isolated channel.
Competitive Whitespace
The only quadrant nobody else can reach.
We are the only ones combining all three: on-premises and secure, native to how regulators actually think, and able to produce the records they accept.
- On-premises & secure
- Regulator-native logic
- Records regulators accept
The Founder
“I have written environmental rules, enforced them, advised a publicly traded utility on them, and personally modernized carbon accounting for Fortune 1. I understand how critical and how costly compliance can be.”
Contact
Let's talk.
In person, ideally.
Every regulated facility, running on a secure, on-premises compliance copilot.
1The Boston Mountains are the highest and most rugged subrange of the Ozarks, located in Northwestern Arkansas.
Verification Appendix & Basis of Estimate
Confidential — Investor Material
Basis of Estimate & Methodology
This appendix defines the Total Addressable Market (TAM) for administrative environmental compliance software. The TAM is constructed using a bottom-up triangulation of two distinct compliance execution methods: external outsourced spend (Schedule A) and internal corporate labor and reporting burden (Schedule B).
Non-Additivity Notice: Schedules A and B are the sole additive components of the aggregate TAM. Prior versions of this model included an industry-specific reallocation schedule; this has been entirely removed to eliminate double-counting risks. The final reconciled TAM relies strictly on the sum of Schedules A and B.
All management estimates utilized for proportional allocations are explicitly labeled, accompanied by a low/base/high sensitivity range, and anchored by stated evidence where available. Precision is standardized to one decimal place in billions.
Schedule A — External Market
Measurement of outsourced environmental consulting and software spend.
A-1. Environmental Consulting (~$5.2B – ~$6.6B) — Source: IBISWorld, Environmental Consulting in the US — Market Size 2024 (Report 54162). Baseline Data: Total market revenue stated at ~$23.7B. Methodology Note: The IBISWorld ~$23.7B baseline includes site remediation, structural engineering, and physical environmental impact assessments which fall outside administrative workflow software. Allocation: Management Estimate applies a narrowed 22% to 28% capture ratio (Base: 25%) to exclude physical site remediation and isolate recurring permitting, auditing, and administrative compliance work. Management judgment is based on directional analysis of IBISWorld service category breakdowns; no external benchmark is cited. This estimate is acknowledged as the least externally validated allocation in the appendix and is bracketed by a sensitivity range. Calculated Value: Base estimate of ~$5.9B. URL: https://www.ibisworld.com/united-states/market-size/environmental-consulting/1427/
A-2. North American EHS Software (~$0.8B – ~$1.0B) — Source: Verdantix, Market Size And Forecast: EHS Software 2023–2029 (Global), published 2023. Baseline Data: Global market projected at ~$2.0B (2024). Allocation: Due to the absence of a published regional split in the cited executive summary, Management Estimate applies a 40% to 50% North American capture share (Base: 45%). Calculated Value: Base estimate of ~$0.9B. URL: https://www.verdantix.com
Schedule B — Internal Burden
Measurement of internal compliance labor and federal reporting obligations.
B-1. EPA Paperwork Reduction Act Burden (~$2.6B Floor; High Bound Pending OIRA) — Source: Office of Management and Budget (OMB) Information Collection Request (ICR) database. Baseline Data: Calculated via the aggregation of currently active, high-volume EPA programmatic ICRs. Headline approvals include:‡• NPDES (OMB 2040-0004): ~$1.5B• Title V Air Permits (OMB 2060-0243): ~$0.4B• TRI Form R/A (OMB 2070-0093): ~$0.2B• RCRA Manifest (OMB 2050-0039): ~$0.1B• Oil & Gas NSPS OOOOa (OMB 2060-0721): ~$0.2B• Oil & Gas NSPS OOOOb/c (OMB 2060-0294): ~$0.2BMethodology Note: This ~$2.6B sum functions as the conservative low-bound floor, as it measures only a hand-picked sample of six major rules rather than the federal aggregate. Calculated Value: Base estimate of ~$2.6B. URL: https://www.reginfo.gov‡ OMB Control Numbers as listed; readers should verify current active status directly via reginfo.gov.
B-2. Corporate EHS Administrative Labor (~$6.7B – ~$8.1B) — Source: BLS Occupational Employment and Wage Statistics (May 2023 release, published April 2024). Baseline Data (Payroll Base):• OHS Specialists (SOC 19-5011): 122,300 headcount at ~$85,570 mean wage.• OHS Technicians (SOC 19-5012): 27,270 headcount at ~$64,250 mean wage.• Env. Scientists (SOC 19-2041): 80,730 headcount at ~$86,710 mean wage.Methodology Note: May 2023 OEWS is used as the most recently verified vintage; subsequent releases will be incorporated on next refresh. Labor Loading: 1.4× multiplier applied to base wages (Sourced to BLS Employer Costs for Employee Compensation, March 2024 release). Represents wages plus benefits only, excluding corporate facility overhead. Gross Loaded Labor Pool: ~$26.9B. Allocation: Management Estimate applies a narrowed 25% to 30% environmental-compliance administrative share (Base: 28%) versus physical occupational safety. This range is explicitly anchored by internal customer-interview evidence across 15 enterprise EHS directors regarding headcount allocation. Calculated Value: Base estimate of ~$7.5B. URL: https://www.bls.gov/oes/
Market Context (Informational Only)
The following metrics define the physical scale of the addressable compliance environment but are not additive to the TAM financial calculation above.
Municipal Water & Wastewater Volumes: The regulatory compliance surface area is spread across 148,541 active public water systems (PWSs) per the EPA 2023 SDWA Compliance Report, and 17,544 publicly owned treatment works (POTWs) per the EPA 2022 Clean Watersheds Needs Survey (CWNS).
Scale of Physical Utility Spend: The total direct state and local expenditure for the “Water Supply” and “Sewerage” functional categories is ~$144.6B annually (Source: U.S. Census Bureau Annual Survey of State and Local Government Finances, 2020 Data).
Reconciled TAM Summary
Based exclusively on the summation of Schedule A (External Market) and Schedule B (Internal Burden), the core TAM for administrative environmental compliance software is:
| Component | Low Bound | Base Case | High Bound |
|---|---|---|---|
| Outsourced Spend (Sch. A) | ~$6.0B | ~$6.8B | ~$7.6B |
| Internal Burden (Sch. B) | ~$9.3B | ~$10.1B | ~$10.7B† |
| Total Addressable Market | ~$15.3B | ~$16.9B | ~$18.3B† |
† High bound subject to upward revision pending procurement of the OIRA Information Collection Budget aggregate; see Open Items.
Open Items / Data Gaps
OIRA Information Collection Budget Aggregate: Schedule B-1 currently relies on a ~$2.6B floor derived from a sample of six rules. Action Plan: Procure the most recent annual Information Collection Budget of the United States Government PDF from the White House/OIRA website to extract the definitive top-line EPA aggregate burden hours. This will replace the six-ICR sum as the Schedule B-1 High Bound.
Verdantix Regional Split: Schedule A-2 utilizes a management estimate for the North American EHS software share. Action Plan: Procure the full paid Verdantix report (beyond the public executive summary) to substitute the published regional NA split.
CWNS 2024 Status: The Market Context section references the 2022 CWNS. Action Plan: Verify whether the EPA has formally published the final CWNS 2024 dataset to the federal registry and update the POTW headcount accordingly.
Statement of Methodology and Limitations
This appendix represents management’s good-faith Total Addressable Market analysis based on publicly available data sources, published industry research, and internally documented customer interviews. Material judgments — including allocation ratios applied to baseline market data — are explicitly disclosed in the Basis of Estimate and in each schedule. Sensitivity ranges accompany each management estimate. Known data gaps and procurement actions to close them are listed in the Open Items section.
This document is a management work product prepared for investor diligence and is not an independent third-party assessment. Readers are encouraged to validate underlying primary sources directly.
End of Verification Appendix