Fundz

Smart Building Enabler Andorix Closes Usd $40 Million Financing

PRIVATEAug 22, 2023

Amount Raised

$40 Million

Round Type

Funding Round

TorontoReal Estate

Description

Andorix, a neutral host network provider and smart building systems integrator for real estate properties, today announced it has closed a USD $40 million round of financing with the option of additional funding of USD $35 million. The investment is a combination of debt and equity financing, led by Voya Investment Management, the asset management business of Voya Financial, Inc (NYSE: VOYA).

Quick answer

Andorix raised $40 Million in a Funding Round round, dated August 22, 2023. Andorix is based in Toronto, Ontario, Canada.

How much did Andorix raise?
Andorix raised $40 Million in a Funding Round round on August 22, 2023.
What does Andorix do?
Andorix is a neutral host network provider and smart building systems integrator for commercial, retail and residential real estate properties.
Where is Andorix based and how big is it?
Andorix is based in Toronto, Ontario, Canada.
Who are the decision-makers at Andorix?
Fundz holds 1 contact at Andorix. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate around the same time

Companies in the same sectors as Andorix that raised within 45 days of this round, from Fundz verified event records.

  • Urbanimmersive raised $700K (Seed) on October 5, 2023.
  • Purpose Green raised $3.5M (Seed) on October 5, 2023.
  • Habyt raised $42M (Funding Round) on October 4, 2023.
  • Beeline Holdings raised $6.5M on September 29, 2023.
  • Third Wave Coffee raised $35M (Funding Round) on September 28, 2023.
  • Numa raised $59M (Funding Round) on September 27, 2023.

Who to call at Andorix, and when

A new round usually means Andorix is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Andorix raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Andorix, from your own LinkedIn network

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Company Information

Company

Andorix

Location

Toronto, Ontario, Canada

About

Andorix is a neutral host network provider and smart building systems integrator for commercial, retail and residential real estate properties. We design, build and manage a fibre-based converged base building network that serves as a secure and scalable foundation for the owner’s smart building digitization strategy. Our vendor-agnostic digital infrastructure solution incorporates Wi-Fi, 5G and IoT wireless spectrums to help real estate owners with multi-asset class portfolios optimize their building operations, adhere to ESG guidelines, enhance tenant experiences, increase revenue, and maximize their property values.

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Andorix raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.