What is PassiveLogic?
Founded in 2016 and headquartered in Utah, PassiveLogic operates at the intersection of proptech and artificial intelligence. The company has developed the first control system capable of truly understanding human comfort through the deployment of occupant-based digital twins. Unlike traditional building management systems that rely on static, rule-based programming, PassiveLogic's platform dynamically evaluates how occupants experience their environment in real-time.
This technological differentiation allows for unprecedented precision in HVAC and building control, effectively bridging the gap between energy consumption and human-centric design. As the industry shifts toward decarbonization and smart building mandates, PassiveLogic's ability to provide granular, data-driven environmental control places it in a unique market position to disrupt legacy industrial players.
How much funding has PassiveLogic raised?
PassiveLogic has raised a total of $139M across 4 funding rounds:
Series A
$16M
Series B
$34M
Private Equity
$15M
Series C
$74M
Series A (2020): $16M with participation from Addition, Keyframe Capital Partners LP, NREP, RETV Management LLC, and A/O PropTech
Series B (2022): $34M led by Keyframe, Era Ventures, RET Ventures, Brookfield Growth, and Addition
Private Equity (2022): $15M supported by Brookfield
Series C (2025): $74M featuring NOA Group, Keyframe, Johnson Controls, Brookfield, PSP, NVentures, and Prologis
Key Investors in PassiveLogic
Brookfield
A leading global investment firm managing over $850 billion in assets, specializing in long-term wealth creation through real assets, infrastructure, and renewable power.
Johnson Controls
A diversified technology leader in building management systems, HVAC, and security equipment, providing critical infrastructure solutions for commercial and industrial markets.
RET Ventures
An industry-backed venture fund focused on real estate technology, providing strategic access to large-scale rental unit operators and property management ecosystems.
What's next for PassiveLogic?
The infusion of $74M provides PassiveLogic with the necessary resources to accelerate its go-to-market strategy and expand its footprint within the global enterprise sector. Future initiatives are expected to focus on deepening integration with large-scale commercial real estate portfolios and enhancing the predictive capabilities of its digital twin architecture.
By aligning with strategic partners who possess deep operational expertise in infrastructure and logistics, PassiveLogic is well-positioned to scale its deployment across diverse asset classes. The company's roadmap likely includes further refinement of its autonomous control algorithms, ensuring that it remains at the forefront of the smart building revolution while driving long-term value for its stakeholders and the broader real estate ecosystem.
