PassiveLogic Overview
- Year Founded
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2016
- Status
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Private
- Employees
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144
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$99M
- Investors
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19
PassiveLogic General Information
Description
Developer of an autonomous building platform designed to empower people through generative autonomy to solve the world's climate challenges. The company's platform is powered by physics-based digital twin standard for autonomous systems, enabling clients to improve building energy efficiency and operational costs while reducing the current market barrier-to-entry programming.
Contact Information
Website
www.passivelogic.comCorporate Office
- 6510 Millrock Drive
- 350
- Salt Lake City, UT 84121
- United States
Corporate Office
- 6510 Millrock Drive
- 350
- Salt Lake City, UT 84121
- United States
PassiveLogic Timeline
PassiveLogic Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Later Stage VC | 08-Jan-2025 | $99M | Completed | Generating Revenue | ||
| 10. Later Stage VC (Series C) | 20-Sep-2022 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series B) | 11-Jan-2022 | Completed | Generating Revenue | |||
| 8. Grant | 31-Dec-2020 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series A) | 13-Oct-2020 | Completed | Generating Revenue | |||
| 6. Grant | 12-Aug-2020 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 01-Jan-2020 | Completed | Generating Revenue | |||
| 4. Grant | 31-Dec-2018 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 07-Sep-2018 | $50K | $50K | Completed | Generating Revenue | |
| 2. Grant | 01-Sep-2018 | $250K | Completed | Generating Revenue |
PassiveLogic Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series C-1 | ||||||||
| Series B | 8,004,089 | $0.000100 | $4.24 | $4.24 | 1x | $4.24 | 17.9% | |
| Series A | 7,954,330 | $0.000100 | $2.11 | $2.11 | 1x | $2.11 | 17.79% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
PassiveLogic Comparisons
Industry
Financing
Details
PassiveLogic Competitors (21)
One of PassiveLogic’s 21 competitors is 75F, a Venture Capital-Backed company based in Bloomington, MN.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| 75F | Venture Capital-Backed | Bloomington, MN | ||||
| Kmc Controls | Corporation | New Paris, IN | ||||
| Everactive | Venture Capital-Backed | Charlottesville, VA | ||||
| Emerson Electric | Corporation | Saint Louis, MO | ||||
| MOVUS | Venture Capital-Backed | Milton, Australia |
PassiveLogic Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
PassiveLogic Patents
PassiveLogic Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20250141201-A1 | Flexible element tensioning mechanism | Pending | 01-Nov-2023 | ||
| US-20250139084-A1 | Techniques for ontology query construction | Pending | 31-Oct-2023 | ||
| US-20250139133-A1 | Schema and data views of an ontology | Pending | 31-Oct-2023 | ||
| US-20250142793-A1 | Heat dissipation apparatus and method | Pending | 31-Oct-2023 | ||
| US-20250139910-A1 | Real world object tagging in digital twins | Pending | 30-Oct-2023 | G06T19/006 |
PassiveLogic Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
PassiveLogic Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 2150 | Venture Capital | Minority | ||
| Belimo | Corporation | Minority | ||
| Meson Capital Partners | Hedge Fund | Minority | ||
| PSP Partners | Asset Manager | Minority | ||
| NVentures (Santa Clara) | Corporate Venture Capital | Minority |
PassiveLogic FAQs
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When was PassiveLogic founded?
PassiveLogic was founded in 2016.
-
Where is PassiveLogic headquartered?
PassiveLogic is headquartered in Salt Lake City, UT.
-
What is the size of PassiveLogic?
PassiveLogic has 144 total employees.
-
What industry is PassiveLogic in?
PassiveLogic’s primary industry is Business/Productivity Software.
-
Is PassiveLogic a private or public company?
PassiveLogic is a Private company.
-
What is the current valuation of PassiveLogic?
The current valuation of PassiveLogic is .
-
What is PassiveLogic’s current revenue?
The current revenue for PassiveLogic is .
-
How much funding has PassiveLogic raised over time?
PassiveLogic has raised $179M.
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Who are PassiveLogic’s investors?
2150, Belimo, Meson Capital Partners, PSP Partners, and NVentures (Santa Clara) are 5 of 19 investors who have invested in PassiveLogic.
-
Who are PassiveLogic’s competitors?
75F, Kmc Controls, Everactive, Emerson Electric, and MOVUS are some of the 21 competitors of PassiveLogic.
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