ICM Controls

Syracuse, United States Founded: 2013 • Age: 13 yrs Acquired By Lorraine Capital
Thermostats for building management solutions are provided by ICM Controls.

About ICM Controls

ICM Controls is a company based in Syracuse (United States) founded in 2013 was acquired by Lorraine Capital in May 2022.. ICM Controls offers products and services including I3 Wi-Fi Thermostat and Thermostat Models. ICM Controls operates in a competitive market with competitors including ecobee, MRI Software, Savant Systems, Span.IO and Tibber, among others.

  • Headquarter Syracuse, United States
  • Sectors
    Business Services
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Lorraine Capital

    (May 12, 2022)

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Products & Services of ICM Controls

ICM Controls offers a comprehensive portfolio of products and services, including I3 Wi-Fi Thermostat and Thermostat Models. 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

Device for remote monitoring and control of home climate settings.

Programmable units with touch sensing for energy efficiency.

Funding Insights of ICM Controls

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 ICM Controls

ICM Controls has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Lorraine Capital. 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
Lorraine Capital is engaged in investment management and acquisitions.
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 ICM Controls

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 - ICM Controls

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

Icm Controls Comparisons

Employees
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Competitors of ICM Controls

ICM Controls 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, MRI Software, Savant Systems, Span.IO 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
Provider of smart thermostats for commercial and residential applications
domain founded_year HQ Location
Property management software is provided for residential and commercial properties.
domain founded_year HQ Location
Connected devices are managed via an app and hub system.
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
domain founded_year HQ Location
Provider of solutions for energy monitoring for residential building
domain founded_year HQ Location
Smart home products for security and energy efficiency are provided.
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 Icm Controls

Frequently Asked Questions about ICM Controls

When was ICM Controls founded?

ICM Controls was founded in 2013.

Where is ICM Controls located?

ICM Controls is headquartered in Syracuse, United States. It is registered at Syracuse, New York, United States.

What does ICM Controls do?

ICM Controls was founded in 2013 and is based in Syracuse, United States. Thermostats tailored for building management are developed and supplied by the company within the building automation sector. Operations encompass the design of control systems for HVAC applications, including WiFi-enabled options for remote monitoring. Services support integration into commercial and residential environments, with a focus on efficient energy management across North American markets.

Who are the top competitors of ICM Controls?

ICM Controls's top competitors include ecobee, tado° and Span.IO.

What products or services does ICM Controls offer?

ICM Controls offers I3 Wi-Fi Thermostat and Thermostat Models.

Who are ICM Controls's investors?

ICM Controls has 1 investor. Key investors include Lorraine Capital.

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