BrainBox AI

Montreal, Canada Founded: 2017 • Age: 9 yrs Acquired By Trane Technologies
AI and SaaS-driven HVAC optimization for commercial buildings is provided.
Annual revenue - Latest available
Total funding $102.8M 7 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About BrainBox AI

BrainBox AI is a company based in Montreal (Canada) founded in 2017 was acquired by Trane Technologies in December 2024. BrainBox AI has raised $102.77 million across 7 funding rounds from investors including ABB, Desjardins and European Union. BrainBox AI offers products and services including AI Building Engineer, AI HVAC Optimization, Building Decarbonization, and Building Management System. BrainBox AI operates in a competitive market with competitors including ecobee, Particle, Signify, Landis+Gyr and PowerSecure, among others.

  • Headquarter Montreal, Canada
  • Sectors
    Business Services
    Energy & Utilities Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $102.77 M (USD)

    in 7 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Jul 07, 2023

  • Investors
    ABB

    & 10 more

  • Employee Count
    Not available
  • Acquired by
    Trane Technologies

    (Dec 18, 2024)

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Products & Services of BrainBox AI

BrainBox AI offers a comprehensive portfolio of products and services, including AI Building Engineer, AI HVAC Optimization, Building Decarbonization, and Building Management System.

Product name locked
Category locked
Primary

Conversational AI for facility managers to analyze building data.

Product name locked
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Autonomously adjusts HVAC systems to minimize energy use.

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Measures and reduces emissions for net zero building goals.

Product name locked
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Cloud system for managing and reporting on building operations.

People of BrainBox AI

Headcount 50-200
Employee Profiles 58
Board Members and Advisors 3
Employee Profiles
People
Marc-Olivier Fouqué
AI R&d
People
Samuel Desmeules, CEM
Senior Energy Efficiency Engineer
People
Sam Ramadori
CEO
People
Maroun Haddad
Software Architect

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Board Members and Advisors
people
Kenneth Code
Board Member
people
John Cammett
Chairman
people
Malin Carlstrom
Advisor

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Funding Insights of BrainBox AI

BrainBox AI has successfully raised a total of $102.77M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in July 2023. 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 BrainBox AI

BrainBox AI has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include ABB, Desjardins and European Union.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Healthcare startups are funded by Esplanade Ventures venture capital.
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Venture capital firm focused on investing in clean tech sectors
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Government services are provided to residents of Québec, Canada.
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Investor details for BrainBox AI

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  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by BrainBox AI

Investments
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Investment portfolio details for BrainBox AI

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Financial Statements - BrainBox AI

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Detailed financials for BrainBox AI

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Brainbox Ai Comparisons

BrainBox AI Primary company
Description
AI and SaaS-driven HVAC optimization for commercial building...
Location
Montreal, Canada
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BrainBox AI

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Competitors of BrainBox AI

BrainBox AI 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 ecobee, Particle, Signify, Landis+Gyr and PowerSecure, among others.

Company Name Domain Founded year HQ Location Description
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Provider of smart thermostats for commercial and residential applications
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IoT connectivity platform from prototype to production is developed.
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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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Energy efficiency and smart grid management solutions
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Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of BrainBox AI

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Latest news on Brainbox Ai

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Complete news archive for BrainBox AI

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Frequently Asked Questions about BrainBox AI

BrainBox AI was founded in 2017 and raised its 1st funding round 3 years after it was founded.

BrainBox AI is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

BrainBox AI is a funded company, having raised a total of $102.77M across 7 funding rounds to date.

BrainBox AI was founded in 2017 in Montreal, Canada, within the AI and SaaS sector. Operations center on HVAC management solutions for commercial buildings. A cloud-based platform is employed, where AI technology is integrated to monitor and adjust energy use. Heating, ventilation, and air conditioning systems are autonomously controlled and optimized, reducing consumption across facilities. Services extend to existing infrastructure enhancements in the built environment.

BrainBox AI's top competitors include ecobee, Particle and Landis+Gyr.

BrainBox AI offers AI Building Engineer, AI HVAC Optimization, Building Decarbonization, and Building Management System.

BrainBox AI has 11 investors. Key investors include ABB, Desjardins, European Union, Export Development Canada, and Education Development Center.

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