Logical Buildings Raises $10M For National Expansion Of Virtual Power Plant Software That Reduces Carbon Emissions, Pays Consumers And Advances Energy Equity

Logical Buildings, the industry-leading sustainability, smart building, and virtual power plant (VPP) software and solutions provider for the built world, today announced the close of a $10 million funding round, led by Keyframe Capital. The funds will facilitate a national rollout of Logical Buildings’ VPP software, allowing real estate owners and managers to fulfill increasingly stringent Environmental, Social, and Governance (ESG) requirements. The GridRewardsTM mobile app enables consumers to participate directly in VPPs that earn them hundreds of dollars a year in rewards, create outsized carbon footprint reductions and prevent brownouts. GridRewards seamlessly and securely integrates with utility smart meters, thermostats and energy/carbon markets, turning millions of residential and small business customers into grid-interactive, efficient consumers instantly, fundamentally improving how energy markets function.