Kode Labs, a Detroit, MI-based autonomous smart building startup, raised $30M in Series B funding.
The round was led by Maverix Private Equity, with participation from TELUS Ventures and existing investor I Squared Capital.
The company intends to use the funds to accelerate its expansion and market share.
Founded by brothers Edi and Etrit Demaj, along with Gentrit Gojani in October 2017, Kode Labs specializes in transforming real estate management and experience through its data-centric operating system, KODE OS. This smart building platform leverages a software-as-a-service (SaaS) model to optimize building performance, integrating data from building management systems, IoT, and operational systems into a unified, cloud-based solution. Its platform has proven to reduce energy usage and carbon emissions while streamlining costs associated with multiple tracking and reporting platforms.
Since its inception in 2017, Kode Labs has partnered with companies such as QuadReal, Bedrock Detroit, Stream Realty, Hines, Ford and other global corporations and REITs across different verticals.
FinSMEs
15/04/2024