About 720 Degrees
720 Degrees is a company based in Helsinki (Finland) founded in 2012 by Tomas Novotny. 720 Degrees has raised $3.51 million across 5 funding rounds from investors including European Union, Business Finland and EIC Fund. 720 Degrees offers products and services including Predictive Property Maintenance, Automatic Reporting, and AI-Supported Communication. 720 Degrees operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
- Headquarter Helsinki, Finland
- Founders Tomas Novotny
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Sectors
Business ServicesEnvironment Real Estate & Construction Technology
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Email
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Phone
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Website
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Social
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- Legal Name 720 Degrees Oy
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.51 M (USD)
in 5 rounds
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Latest Funding Round
$56.24 K (USD), Grant
Jun 30, 2020
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Investors
European Union
& 4 more
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Employee Count
Not available
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Products & Services of 720 Degrees
720 Degrees offers a comprehensive portfolio of products and services, including Predictive Property Maintenance, Automatic Reporting, and AI-Supported Communication.
AI tool for forecasting and managing building maintenance issues.
System for real-time generation of environmental reports and alerts.
Platform for user feedback and notifications on indoor conditions.
People of 720 Degrees
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Funding Insights of 720 Degrees
720 Degrees has successfully raised a total of $3.51M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $56.24 thousand completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 720 Degrees
720 Degrees has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Business Finland and EIC Fund.
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Government agency and accelerator focusing on innovative startups and SMEs
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Early-stage venture capital investments are provided by J&T Ventures.
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Early-stage venture capital investments are made in proptech startups.
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Investor details for 720 Degrees
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Investments & Acquisitions by 720 Degrees
Investment portfolio details for 720 Degrees
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Financial Statements - 720 Degrees
Detailed financials for 720 Degrees
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720 Degrees Comparisons
Peer comparison for 720 Degrees
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Competitors of 720 Degrees
720 Degrees operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
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IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Smart panels for home energy management are provided by Span.IO.
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Energy-efficient smart lightbulbs are developed by Nanoleaf.
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Detailed competitors of 720 Degrees
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Latest news on 720 Degrees
Complete news archive for 720 Degrees
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Frequently Asked Questions about 720 Degrees
720 Degrees was founded in 2012 and raised its 1st funding round 2 years after it was founded.
720 Degrees is headquartered in Helsinki, Finland.
Tomas Novotny is the current CEO of 720 Degrees. They have also founded this company.
720 Degrees is a funded company, having raised a total of $3.51M across 5 funding rounds to date.
720 Degrees is a cloud-based solution for monitoring the indoor environmental quality such as air quality, temperature, noise pollution, of smart infrastructures. Uses machine learning to automatically detect material emission, low relative humidity, recurring odors, rapid fluctuations in temperature and more. It collects analyses data and then sends messages with suggestions to facility stakeholders on the required changes. Has clientele within Finland such as GE Healthcare, IBM, Nokia, Danske Bank, Stora Enso, DNA, YIT, and more. The company was awarded the Best IoT Startup in Nordics and is partnered with Tieto.
720 Degrees's top competitors include ecobee, Particle and Landis+Gyr.
720 Degrees offers Predictive Property Maintenance, Automatic Reporting, and AI-Supported Communication.
720 Degrees has 5 investors. Key investors include European Union, Business Finland, EIC Fund, J&T Ventures, and Pi Labs.