What is PassiveLogic?
PassiveLogic distinguishes itself as the creator of the first control system designed to understand and adapt to human comfort. The company's proprietary platform leverages occupant-based digital twins to meticulously evaluate and optimize how individuals experience their environment. Founded in 2016 and headquartered in Utah, PassiveLogic aims to revolutionize building management by prioritizing occupant well-being and comfort through intelligent, data-driven technology. This focus on personalized environmental control positions the company at the forefront of smart building innovation.
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 Keyframe Capital Partners LP, Addition, RETV Management LLC, A/O PropTech, and NREP
Series B (2022): $34M led by Brookfield Growth, Keyframe, Era Ventures, Addition, and RET Ventures
Private Equity (2022): $15M supported by Brookfield
Series C (2025): $74M featuring Prologis, NOA Group, PSP, Brookfield, NVentures, Johnson Controls, and Keyframe
Key Investors in PassiveLogic
Brookfield
Brookfield Corporation is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. Headquartered in New York, the company combines operational expertise with long-term investment discipline to build and manage the assets that power economic growth and resilience.
Prologis
Prologis, Inc. is a global real estate company specializing in the ownership, development, and management of logistics facilities and distribution centers. The company provides strategically located industrial properties that support supply chains, e-commerce, transportation, and manufacturing operations.
Johnson Controls
Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Buildings and Power Solutions segments. It designs, produces, markets, and installs heating, ventilating, and air conditioning (HVAC) systems, building management systems, controls, and security and mechanical equipment.
What's next for PassiveLogic?
With the infusion of $74M in its latest major strategic investment, PassiveLogic is poised for accelerated expansion and further development of its groundbreaking control systems. The substantial enterprise-level capital raised, totaling $139M, suggests a strategic push towards scaling operations, enhancing technological capabilities, and potentially broadening market reach. This significant backing from prominent investors, including Brookfield and Prologis, indicates a strong belief in PassiveLogic's vision to redefine building environments through occupant-centric digital twin technology. The company is likely to focus on integrating its solutions into more commercial and residential properties, further solidifying its position as a leader in smart building technology and sustainable infrastructure.
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