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Passivelogic Raises $34 Million For Autonomous Building Platform Led By Addition

PRIVATEJan 11, 2022

Amount Raised

$34 Million

Round Type

Funding Round

Salt Lake CityOtherInformation TechnologySustainabilitySoftwareData And AnalyticsReal EstateScience And EngineeringArtificial Intelligenceinformation technology & services

Description

PassiveLogic, creator of the first fully autonomous building platform, has secured $34 million in Series B funding from leading investors Addition and Keyframe. They are joined by commercial real estate strategics, including RET Ventures, Brookfield Growth, and Era Ventures from the U.S., and Europe's largest proptech VC firm, A/O PropTech.

Quick answer

PassiveLogic raised $34 Million in a Funding Round round, dated January 11, 2022. PassiveLogic is based in Salt Lake City, Utah, United States.

How much did PassiveLogic raise?
PassiveLogic raised $34 Million in a Funding Round round on January 11, 2022.
What does PassiveLogic do?
PassiveLogic is disrupting the world of automation with the first fully autonomous platform for buildings.
Where is PassiveLogic based and how big is it?
PassiveLogic is based in Salt Lake City, Utah, United States. Fundz records about 150 employees.
Who are the decision-makers at PassiveLogic?
Fundz holds 1 contact at PassiveLogic, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sustainability and Data And Analytics around the same time

Companies in the same sectors as PassiveLogic that raised within 45 days of this round, from Fundz verified event records.

  • 6 Estates raised $6.2M (Series B) on February 21, 2022.
  • Addionics raised $27M (Series A) on January 25, 2022.
  • Verana Health raised $150M (Series E) on January 14, 2022.
  • Haystacks.Ai raised $5M (Seed) on December 16, 2021.
  • TealBook raised $50M (Series B) on December 14, 2021.
  • RIOS raised $28M (Series A) on February 24, 2022.

Who to call at PassiveLogic, and when

A new round usually means PassiveLogic is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

PassiveLogic

Location

6510 Millrock Drive, STE 350

Salt Lake City, Utah, United States

About

PassiveLogic is disrupting the world of automation with the first fully autonomous platform for buildings. We reinvented automation to replace legacy control logic with real-time control decisions at the edge, reducing the world's carbon footprint, while paving the way for smart cities. We bring together the most talented engineers, thinkers and creatives - backed by the world's leading investors - to make the future a reality.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment PassiveLogic raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsTroy, CEO hidden hidden hiddenSee plans and pricing
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PassiveLogic 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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