What is PassiveLogic?
Founded in 2016 and headquartered in Utah, PassiveLogic stands at the forefront of intelligent building management. The company's proprietary control system uniquely understands human comfort by leveraging occupant-based digital twins. This advanced platform evaluates and optimizes environmental experiences for building occupants, moving beyond traditional HVAC controls. PassiveLogic's technology is designed to enhance efficiency, sustainability, and occupant well-being in commercial and residential spaces, addressing a critical need in the rapidly evolving smart building and proptech industries. The company's commitment to innovation has attracted substantial investment, signaling its potential to reshape the future of building automation.
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 RETV Management LLC, A/O PropTech, Keyframe Capital Partners LP, NREP, and Addition
Series B (2022): $34M led by RET Ventures, Brookfield Growth, Addition, Era Ventures, and Keyframe
Private Equity (2022): $15M supported by Brookfield
Series C (2025): $74M featuring NOA Group, NVentures, Prologis, Johnson Controls, Keyframe, PSP, and Brookfield
Key Investors in PassiveLogic
RET Ventures
RET Ventures is a leading real estate technology investment firm that focuses on early-stage ventures in the multifamily and single-family rental real estate sectors. Their strategic investors include major REITs and real estate owner-operators, providing portfolio companies with industry access and guidance.
NOA Group
NOA Group is an organization committed to upholding principles and perseverance, aiming to build a long-lasting global reputation in Testing, Inspection, and Certification services.
NVentures
NVentures is an upstream exploration firm providing technical and commercial intelligence for the E&P and Energy industry, with a focus on modern reporting and GIS tools. They also offer detailed coverage of hydrogen and new energy opportunities.
What's next for PassiveLogic?
With the recent major strategic investment, PassiveLogic is poised to further develop and scale its groundbreaking control system technology. The substantial capital infusion is expected to fuel research and development, enhance its digital twin capabilities, and expand its market reach. Strategic partnerships, potentially with entities like Johnson Controls and Prologis, could accelerate the integration of PassiveLogic's solutions into large-scale real estate portfolios and building management systems. The company's trajectory suggests a focus on solidifying its position as a leader in the smart building sector, driving innovation in energy efficiency and occupant comfort through advanced AI and digital twin technologies.
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