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Infogrid Raises $90M For Its Ai-Driven Building Monitoring Tech

Apr 11, 2023over 2 years ago

Amount Raised

$90 Million

LondonSoftware

Investors

William Cowell De GruchyAo ProptechNorthzone

Description

Infogrid, a startup that uses AI to collect and analyze data on things like air quality, occupancy and energy consumption, today announced that it raised $90 million in a Series B round led by Northzone and AO Proptech. William Cowell de Gruchy, Infogrid’s CEO, says that the cash will be put toward product development, strategic hires and customer acquisition efforts.

Company Information

Company

Infogrid

Location

London, England, United Kingdom

About

Infogrid is changing the world through building intelligence. Our AI-powered platform gathers and analyses data from the smartest IoT technology to drive our mission of making every building healthy, efficient and sustainable.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech