25 Best Smart Building Startups to Watch in 2025

The Definitive Seedtable Ranking of Smart Building Startups

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 25 start-ups with an aggregate funding of $1.2b. The average funding per company in this subset is $48.7m.

Last update to the database: Feb 18, 2025. See changelog.

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8

Funding Rounds

$28.3m

Money raised

Verdigris is a California-based company developing smart grid and energy management technology aided by artificial intelligence. It was founded by Mark Chung, Thomas Chung, and Jonathan Chu.

6

Funding Rounds

$112.6m

Money raised

ecobee is a Toronto-based developer of WiFi enabled thermostats for residential and commercial applications.

6

Funding Rounds

$106.8m

Money raised

Actility is a software company providing low power wide area (LoRaWAN and 3GPP connectivity) network connectivity management.

11

Funding Rounds

$65.4m

Money raised

Wirepas Ltd. is a technology company focused on IoT connectivity software development.

Location:

Key people:

9

Funding Rounds

$284.6m

Money raised

GridPoint is an Arlington County, Virginia-based developer of hardware and software services for energy management.

5

Funding Rounds

$296.0m

Money raised

Vayyar is a company making an advanced 4-dimensional imaging sensor. The company is headquartered in Yehud, Israel and was founded in 2011 by Miri Ratner, Naftali Chayet, and Raviv Melamed.

Key people:

7

Funding Rounds

$3.9m

Money raised

Sapient Industries is a company that offers Sapient system, an enterprise plug load management and analytics system that uses machine learning technology.

Location:

Key people:

10

Funding Rounds

$148.5m

Money raised

Infogrid is an AI-driven building monitoring tech founded in 2018.

4

Funding Rounds

$8.0m

Money raised

SensorUp is a Calgary-based IoT development and research company.

Location:

Key people:

2

Funding Rounds

$4.0m

Money raised

Stanley Robotics is an artificial Intelligence company founded by Aurélien Cord, Stéphane Evanno and Clément Boussard.

Location:

Key people:

3

Funding Rounds

$72.6m

Money raised

HqO is a Boston-based company founded in 2018 by Greg Gomer, Kevin McCarthy and Chase Garbarino.

1

Funding Rounds

$7.0m

Money raised

Proptech company that digitizes complex buildings and physical processes within offices, coworking spaces, and hotels.

3

Funding Rounds

$12.4m

Money raised

The Microshare.io platform from the company of the same name is an API management offering; it was formerly offered as Point.io.

3

Funding Rounds

$30.1m

Money raised

Lucibel is a Barentin-based designer and manufacturer of LED lighting products and solutions.

1

Funding Rounds

Platform for orchestrating and automating enterprise IoT, connecting devices and IT systems.

4

Funding Rounds

$1.5m

Money raised

Nuuka is a Helsinki-based software company developing energy management solutions for commercial and public buildings.

Location:

Key people:

1

Funding Rounds

$1.7m

Money raised

Predictive Control as a Service platform (PCaaS) to reduce energy consumption.

1

Funding Rounds

$8.0m

Money raised

Daintree Networks is a Mountain View, California-based company developing wireless control solutions for energy management in commercial and industrial buildings.

Key people:

4

Funding Rounds

VYROX is an Internet-of-Things (IoT) Company founded in 2008 by Patrick Au.

1

Funding Rounds

Phoenix Energy Technologies is a company founded in 2004.

1

Funding Rounds

$1.0m

Money raised

Entelec Control Systems is a Belgium-based company founded in 1992.

4

Funding Rounds

$2.4m

Money raised

Ursaleo, Inc. is a San Francisco-based company founded in 2017.

1

Funding Rounds

$6.0m

Money raised

Axonize is an Israel, West Virginia-based company.

1

Funding Rounds

$10.0m

Money raised

Buildings IOT is a Concord, California-based company.

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