Logical Buildings: Raises $10M in Funding

Logical Buildings Raises $10M in Funding

  • Logical Buildings, a NYC-based sustainability, smart building, and virtual power plant (VPP) software and solutions provider for the built world, closed a $10m funding round
  • The round was led by Keyframe Capital
  • The company intends to use the funds to facilitate a national rollout of its VPP software
  • LogicalBuildings provides sustainability, smart building and virtual power plant software and grid-interactive efficient building solutions provider for the built world
  • Its technologies empower residential, commercial, and industrial energy users to earn money, enhance building health and reduce carbon footprint, all from within mobile apps
  • Founded in 2012, the company now operates in major national urban markets
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Tempo Blockchain Goes Live with Machine Payments Protocol

New technology enhances automated transactions in blockchain space.Highlights: Tempo Blockchain officially launches its machine payments protocol.The new technology...

Klarna Smashes One Million Merchants Milestone, Expanding Global Reach

Klarna achieves significant growth with over one million merchants now using its services.Highlights: Klarna surpasses one million active...

PRA Proposes New Standards to Protect Firms from Bank Runs

New measures aim to enhance financial stability amid economic uncertainties.Highlights: PRA introduces new standards to prevent bank runs.The...

TSB Warns Over Surge in Friendship Fraud Cases

Bank highlights the risks of new friendship-based scams targeting customers.Highlights: TSB reports a rise in friendship fraud targeting...