About Climatec
Climatec is a company based in Phoenix (United States) founded in 1975 was acquired by Bosch in January 2015.. Climatec has raised $69.16 million across 2 funding rounds from investors including Bosch. The company has 19 employees as of December 31, 2023. Climatec has completed 1 acquisition, including West Coast Fire & Integration. Climatec offers products and services including Energy Services, Building Automation, and Security and Life Safety. Climatec operates in a competitive market with competitors including Particle, ecobee, MRI Software, Signify and Landis+Gyr, among others.
- Headquarter Phoenix, United States
- Employees 19 as on 31 Dec, 2023
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Climatec Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$69.16 M (USD)
in 2 rounds
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Latest Funding Round
$6.47 M (USD), Series C
Jan 09, 2013
- Investors
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Employee Count
19
as on Dec 31, 2023
- Investments & Acquisitions
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Acquired by
Bosch
(Jan 06, 2015)
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Products & Services of Climatec
Climatec offers a comprehensive portfolio of products and services, including Energy Services, Building Automation, and Security and Life Safety. 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.
Offers infrastructure renewal and budget relief for public sectors.
Monitors and controls HVAC and critical building environments.
Provides video, fire, and access systems for safety applications.
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Sales and Marketing
32 people
Leadership Team
19 people
Operations Team
17 people
Project Team
13 people
Software Development Team
6 people
Human Resources and Administration
3 people
Senior Team
3 people
Account Team
3 people
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Funding Insights of Climatec
Climatec has successfully raised a total of $69.16M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $6.47 million completed in January 2013. 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 Funding
- Total Rounds 2
- Last Round Series C — $6.5M
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First Round
First Round
(23 Apr 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2013 | Amount | Series C - Climatec | Valuation |
investors |
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| Apr, 2012 | Amount | Series C - Climatec | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Climatec
Climatec has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bosch. 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.
| Investor | Description | Founded Year | Domain | Location |
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Mobility solutions, home appliances, and industrial products are provided globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Climatec
Climatec has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include West Coast Fire & Integration. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Life safety and low voltage solutions are provided for organizations.
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1993 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Climatec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Climatec Comparisons
Competitors of Climatec
Climatec 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, MRI Software, Signify and Landis+Gyr, 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.
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| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Climatec
Frequently Asked Questions about Climatec
When was Climatec founded?
Climatec was founded in 1975 and raised its 1st funding round 37 years after it was founded.
Where is Climatec located?
Climatec is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Who is the current CEO of Climatec?
Jack Kucera is the current CEO of Climatec.
Is Climatec a funded company?
Climatec is a funded company, having raised a total of $69.16M across 2 funding rounds to date. The company's 1st funding round was a Series C of $62.69M, raised on Apr 23, 2012.
How many employees does Climatec have?
As of Dec 31, 2023, the latest employee count at Climatec is 19.
What does Climatec do?
Climatec provides building automation solutions by partnering with major companies Honeywell, Encelium, Tridium etc and other tailored solutions for air distribution, ventilation and HVAC. Their Axcess series of solutions provides energy management software to monitor and manage building energy efficiency. They provide three solutions Axcess EEM for enterprise energy management, Axcess CP for central plant optimization, Axcess 247 for remote operations monitoring. They have separated their HVAC business and offering under name of Varitec Solutions.
Who are the top competitors of Climatec?
Climatec's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Climatec offer?
Climatec offers Energy Services, Building Automation, and Security and Life Safety.
How many acquisitions has Climatec made?
Climatec has made 1 acquisition, including West Coast Fire & Integration.
Who are Climatec's investors?
Climatec has 1 investor. Key investors include Bosch.
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