Investor Backing & Capital Strength:
Recent funding secured significant capital to scale, including a $55M Series B in June 2025 that lifted total funding to roughly $79M and was described as fuel for headcount, product, and market expansion.
Market Expansion:
Installations have extended to over 10,000 buildings across the U.S., with documented rollouts beyond NYC such as a 2025 Chicago portfolio deployment. Public‑sector adoption also grew as the MTA moved to add dozens of locations in late 2024.
Product Line Growth:
Offerings are broadening from heating control into cooling, leak detection, and other building systems on the same wireless network. This typically supports larger account value and upsell.