Logical Buildings Overview
- Year Founded
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2012
- Status
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Private
- Employees
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40
- Latest Deal Type
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Project Financing
- Latest Deal Amount
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$110M
- Investors
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1
Logical Buildings General Information
Description
Developer of a smart building and virtual power plant software designed to create real-time transparency and data-driven insights into building operations. The company's software monitors real-time interval meters, sensors, Wi-Fi access points and an evolving assortment of internet-of-things (IoT) devices creating transparency in building operations and a capacity to monetize the optimization of mechanical assets and human resources, enabling commercial real estate managers to reduce energy and operating costs, achieve sustainability goals and enhance tenant comfort.
Contact Information
Website
www.logicalbuildings.comCorporate Office
- 290 West Mount Pleasant Avenue
- Suite 1360
- Livingston, NJ 07039
- United States
Corporate Office
- 290 West Mount Pleasant Avenue
- Suite 1360
- Livingston, NJ 07039
- United States
Logical Buildings Timeline
Logical Buildings Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Project Financing | 28-Mar-2023 | $110M | Completed | Generating Revenue | ||
5. Later Stage VC (Series C2) | 09-Dec-2021 | Completed | Generating Revenue | |||
4. Later Stage VC (Series C1) | 01-Feb-2019 | Completed | Generating Revenue | |||
3. Later Stage VC (Series C) | 16-Dec-2015 | Completed | Generating Revenue | |||
2. Early Stage VC (Series B) | 06-Apr-2015 | $1.5M | $7M | Completed | Generating Revenue | |
1. Early Stage VC (Series A) | $5.5M | $5.5M | Completed | Startup |
Logical Buildings Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C2 | ||||||||
Series C1 | ||||||||
Series C | ||||||||
Series B | 999,996 | $0.000100 | 8% | $1.5 | $1.5 | 1x | $1.5 | 6.32% |
Series A | 7,638,668 | $0.000100 | 8% | $0.73 | $0.73 | 1x | $0.73 | 48.25% |
Logical Buildings Comparisons
Industry
Financing
Details
Logical Buildings Competitors (3)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
David Energy | Venture Capital-Backed | New York, NY | ||||
Phoenix Energy Technologies | Venture Capital-Backed | Irvine, CA | ||||
Climative | Venture Capital-Backed | Fredericton, Canada |
Logical Buildings Executive Team (6)
Name | Title | Board Seat |
---|---|---|
Jeff Hendler | Co-Founder, Chief Executive Officer, President and Board Member | |
Jacob Cherian | Co-Chief Financial Officer | |
Stanley Bekritsky | Co-Chief Financial Officer | |
David Klatt | Co-Founder & Chief Operating Officer | |
Bradford Klatt | Co-Founder & Executive Chairman |
Logical Buildings Board Members (5)
Name | Representing | Role | Since |
---|---|---|---|
Alex Brown | Keyframe Capital Partners | Board Observer | |
Bradford Klatt | Logical Buildings | Co-Founder & Executive Chairman | |
Elodie Michaels | Self | Board Member | |
Gregory Pope | Self | Board Member | |
Jeff Hendler | Logical Buildings | Co-Founder, Chief Executive Officer, President and Board Member |
Logical Buildings Signals
Logical Buildings Investors (1)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Keyframe Capital Partners | Asset Manager | Minority |
Logical Buildings FAQs
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When was Logical Buildings founded?
Logical Buildings was founded in 2012.
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Who is the founder of Logical Buildings?
Jeff Hendler, David Klatt, and Bradford Klatt are the founders of Logical Buildings.
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Who is the CEO of Logical Buildings?
Jeff Hendler is the CEO of Logical Buildings.
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Where is Logical Buildings headquartered?
Logical Buildings is headquartered in Livingston, NJ.
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What is the size of Logical Buildings?
Logical Buildings has 40 total employees.
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What industry is Logical Buildings in?
Logical Buildings’s primary industry is Business/Productivity Software.
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Is Logical Buildings a private or public company?
Logical Buildings is a Private company.
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What is Logical Buildings’s current revenue?
The current revenue for Logical Buildings is
. -
How much funding has Logical Buildings raised over time?
Logical Buildings has raised $24.5M.
-
Who are Logical Buildings’s investors?
Keyframe Capital Partners has invested in Logical Buildings.
-
Who are Logical Buildings’s competitors?
David Energy, Phoenix Energy Technologies, and Climative are competitors of Logical Buildings.
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