Lamarr.AI, an Atlanta, GA-based startup providing automated solutions for building envelope diagnostics and retrofitting, raised $1.1M in Pre-Seed funding.
The round was led by Hazelview Ventures. Other investors included milemark•capital, Newlab, Georgia Tech’s Venture Fund and MIT’s SBXi Fund.
The company intends to use the funds to productize and scale tools that eliminate carbon emissions while reducing building maintenance & ownership costs.
Led by CEO Tarek Rakha, Lamarr.AI is a provider of automated solutions for building envelope diagnostics and retrofitting. Leveraging drones, thermal imaging, and AI-based analytics, it makes detecting, diagnosing, and fixing envelope defects. The company has already worked with numerous building owners and facilities managers to save more than $1M in engineering and construction costs by automatically identifying problems like deteriorated window seals and leaky roofs, in addition to helping effectively plan and scope large building envelope retrofits.
FinSMEs
16/10/2024