Logical Buildings Raises $10M For National Expansion Of Virtual Power Plant Software That Reduces Carbon Emissions, Pays Consumers And Advances Energy Equity
Amount Raised
$10 Million
Round Type
Venture
LivingstonInformation TechnologySoftwareMobileConsultingDescription
Logical Buildings, the industry-leading sustainability, smart building, and virtual power plant (VPP) software and solutions provider for the built world, today announced the close of a $10 million funding round, led by Keyframe Capital. The funds will facilitate a national rollout of Logical Buildings’ VPP software, allowing real estate owners and managers to fulfill increasingly stringent Environmental, Social, and Governance (ESG) requirements. The GridRewardsTM mobile app enables consumers to participate directly in VPPs that earn them hundreds of dollars a year in rewards, create outsized carbon footprint reductions and prevent brownouts. GridRewards seamlessly and securely integrates with utility smart meters, thermostats and energy/carbon markets, turning millions of residential and small business customers into grid-interactive, efficient consumers instantly, fundamentally improving how energy markets function.
Quick answer
Logical Buildings raised $10 Million in a funding round, dated December 9, 2021. Logical Buildings is based in Livingston, New Jersey, United States.
- How much did Logical Buildings raise?
- Logical Buildings raised $10 Million in a funding round on December 9, 2021.
- What does Logical Buildings do?
- Logical Buildings is a leading sustainability and virtual power plant software provider transforming buildings into smart, grid-responsive assets.
- Where is Logical Buildings based and how big is it?
- Logical Buildings is based in Livingston, New Jersey, United States. Fundz records about 38 employees.
- Who are the decision-makers at Logical Buildings?
- Fundz holds 1 contact at Logical Buildings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mobile and Consulting around the same time
Companies in the same sectors as Logical Buildings that raised within 45 days of this round, from Fundz verified event records.
- Prophecy raised $25M (Funding Round) on January 20, 2022.
- Virtru raised $60M (Funding Round) on January 20, 2022.
- Sierra Wireless raised an undisclosed amount (Debt Financing) on January 20, 2022.
- Kafene, Inc. raised $15M on January 18, 2022.
- Kaddra raised an undisclosed amount (Series A) on January 17, 2022.
- Axera Tech raised $126M (Funding Round) on January 17, 2022.
Who to call at Logical Buildings, and when
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- An alert the day Logical Buildings raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Related People
Logical Buildings raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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