Cohesion Announces $15 Million Series A Financing To Advance The Commercial Real Estate Transformation To Data-Driven, Smart Buildings Amid A New Era Of Hybrid Work

Nov 17, 2021•almost 4 years ago

Amount Raised

$15 Million

Round Type

series a

Chicago

Description

Cohesion, a leader in smart building and digital twin SaaS technology, raised $15 million in its Series A financing round co-led by Morgan Stanley Next Level Fund and Hyde Park Angels (HPA), which closed Friday.

Company Information

Company

Cohesion

Location

Chicago, Illinois, United States

About

Founded in 2018 and currently 100 employees worldwide, Cohesion helps commercial buildings better integrate disparate systems into a smart building SaaS platform. It empowers real estate owners to maximize asset and portfolio value with all building systems, workflows and people seamlessly connected in one solution. The vertically integrated platform improves health and wellness, experience, efficiency, and sustainability. Cohesion provides the industry’s most comprehensive data, enabling operators to enhance tenant experience, save money and increase operational transparency. Cohesion is a spin-off venture of ESD, a leading Chicago-based global engineering design firm at the forefront of next generation building design. For more information, visit cohesionIB.com and follow @CohesionIB.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech