Adaptis

Toronto, Canada Founded: 2018 • Age: 8 yrs
Decarbonization planning for buildings is enabled by AI platform.
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About Adaptis

Adaptis is a company based in Toronto (Canada) founded in 2018 by Sheida Shahi and Aida Mollaei.. Adaptis has raised $11 million across 4 funding rounds from investors including Powerhouse Ventures, Building Ventures and MetaProp. Adaptis offers products and services including Adaptis Platform. Adaptis operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and Tibber, among others.

  • Headquarter Toronto, Canada
  • Founders Sheida Shahi, Aida Mollaei
  • Sectors
    Technology
    Real Estate & Construction Business Services Energy & Utilities Environment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Real Estate & Construction → Property Technology (PropTech)
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Environment → Environmental Management & Pollution Control
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11 M (USD)

    in 4 rounds

  • Latest Funding Round
    $4 M (USD), Seed

    Apr 08, 2025

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Adaptis

Adaptis offers a comprehensive portfolio of products and services, including Adaptis Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for optimizing building costs and carbon emissions in real-time.

People of Adaptis
Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Ryan Gay
Chief Revenue Officer (cro)
People
Sheida Shahi
Co-Founder & CEO
People
Robert Kuncewicz
Senior Product Manager
People
Mark Collins
Head Of Sales & Customer Success

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Funding Insights of Adaptis

Adaptis has successfully raised a total of $11M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $4 million completed in April 2025. 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.

  • Total Funding
  • Total Rounds 4
  • Last Round Seed — $4.0M
  • First Round
  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2025 Amount Seed - Adaptis Valuation Building Ventures
Jun, 2024 Amount Seed - Adaptis Valuation

investors

Jan, 2023 Amount Seed - Adaptis Valuation 2048 Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Adaptis

Adaptis has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Powerhouse Ventures, Building Ventures and MetaProp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Building Ventures is focused on investing in built environment innovations.
Founded Year Domain Location
Early-stage proptech companies are invested in and accelerated by MetaProp.
Founded Year Domain Location
Early-stage venture capital investments are provided by 2048 Ventures.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Adaptis

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Adaptis

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Adaptis Comparisons

Employees
+
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Competitors of Adaptis

Adaptis 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, Signify, Danfoss, Landis+Gyr and Tibber, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
IoT connectivity platform from prototype to production is developed.
domain founded_year HQ Location
Signify is recognized as a global leader in lighting solutions.
domain founded_year HQ Location
Manufacturer of energy efficiency products
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Provider of solutions for energy monitoring for residential building
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Adaptis

Frequently Asked Questions about Adaptis

When was Adaptis founded?

Adaptis was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Where is Adaptis located?

Adaptis is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Who is the current CEO of Adaptis?

Sheida Shahi is the current CEO of Adaptis. They have also founded this company.

Is Adaptis a funded company?

Adaptis is a funded company, having raised a total of $11M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Sep 27, 2022.

What does Adaptis do?

Adaptis was founded in 2018 in Toronto, Canada, within the sustainability and AI sector. A decision-support platform is provided to building owners and consultants for decarbonization and circularity strategies. Informed decisions on reducing carbon footprints are facilitated through AI-driven analysis. Operations focus on the built environment, with services centered on environmental planning and compliance across North American markets.

Who are the top competitors of Adaptis?

Adaptis's top competitors include Particle, Landis+Gyr and Danfoss.

What products or services does Adaptis offer?

Adaptis offers Adaptis Platform.

Who are Adaptis's investors?

Adaptis has 7 investors. Key investors include Powerhouse Ventures, Building Ventures, MetaProp, 2048 Ventures, and Blue Vision Capital.

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