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Logical Buildings raises seed round

Startup helps increase efficiency of buildings

(Credit: Logical Buildings)

Startup Logical Buildings has raised a $3.5 million funding round. The smart building tech company helps reduce energy costs and improve operations in large multi-family and commercial properties. 

How it works: By installing real-time interval meters, IoT sensors, and load control devices, the company’s SmartKit AI platform provides property managers with real-time data on energy usage and building performance. It also provides data-driven insight based on the building’s energy consumption patterns and energy prices to help property management reduce expenses and increase NOI. 

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