KODE Labs

Detroit, United States Founded: 2017 • Age: 9 yrs
SaaS driven building operating system
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About KODE Labs

KODE Labs is a company based in Detroit (United States) founded in 2017 by Gentrit Gojani, Etrit Demaj, and Edi Demaj.. KODE Labs has raised $38.02 million across 2 funding rounds from investors including I Squared Capital, Maverix Private Equity and TELUS Ventures. KODE Labs offers products and services including KODE OS, Cloud BMS, Building BI, Digital Maintenance, and Data Layer. KODE Labs operates in a competitive market with competitors including ecobee, Particle, Signify, Landis+Gyr and MRI Software, among others.

  • Headquarter Detroit, United States
  • Founders Gentrit Gojani, Etrit Demaj, Edi Demaj
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Kode Labs, Inc.
Operational Areas
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Real Estate & Construction → Property Technology (PropTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $38.02 M (USD)

    in 2 rounds

  • Latest Funding Round
    $30 M (USD), Series B

    Apr 15, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of KODE Labs

KODE Labs offers a comprehensive portfolio of products and services, including KODE OS, Cloud BMS, Building BI, Digital Maintenance, and Data Layer. 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

Centralized platform for smart building operations and system integration.

Cloud-based control for HVAC, lighting, and other systems.

Real-time dashboards for performance monitoring and reporting.

Fault detection and preventive strategies for building systems.

Unified database for integrating and analyzing building data.

Integration of 150+ devices for seamless smart building connectivity.

On-the-go management for building operations and alerts.

People of KODE Labs
Headcount 50-200
Employee Profiles 25
Employee Profiles
People
Klea Hoxhallari
Project Manager
People
Olta Beka
HR Specialist
People
Adem Bajrami
Lead Engineer
People
Era Kadiri
Junior Back End Developer

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Funding Insights of KODE Labs

KODE Labs has successfully raised a total of $38.02M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in April 2024. 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 2
  • Last Round Series B — $30.0M
  • First Round

    (17 Aug 2022)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2024 Amount Series B - KODE Labs Valuation Maverix Private Equity
Aug, 2022 Amount Series A - KODE Labs Valuation I Squared Capital
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 KODE Labs

KODE Labs has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include I Squared Capital, Maverix Private Equity and TELUS Ventures. 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
Institutional
Investor Description Founded Year Domain Location
Investment capital is provided to technology-driven companies for growth.
Founded Year Domain Location
Investments in multiple sectors are directed by TELUS Ventures.
Founded Year Domain Location
Investments are focused on infrastructure sectors like energy and transport.
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 KODE Labs

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 - KODE Labs

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

Kode Labs Comparisons

Employees
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Competitors of KODE Labs

KODE Labs 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 MRI Software, 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
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
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Property management software is provided for residential and commercial properties.
domain founded_year HQ Location
Provider of solutions for energy monitoring for residential building
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.

Frequently Asked Questions about KODE Labs

When was KODE Labs founded?

KODE Labs was founded in 2017 and raised its 1st funding round 5 years after it was founded.

Where is KODE Labs located?

KODE Labs is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.

Is KODE Labs a funded company?

KODE Labs is a funded company, having raised a total of $38.02M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8.02M, raised on Aug 17, 2022.

What does KODE Labs do?

KODE Labs was founded in 2017 in Detroit, United States, within the SaaS sector focused on building management. Operations center on a cloud-based platform that integrates HVAC control, energy metering, equipment management, and operational oversight. Insights are uncovered, and actionable controls are enabled to support decision-making from executive levels to facility teams. Efficiency in operations is improved, and energy consumption is reduced across building portfolios.

Who are the top competitors of KODE Labs?

KODE Labs's top competitors include ecobee, Particle and Landis+Gyr.

What products or services does KODE Labs offer?

KODE Labs offers KODE OS, Cloud BMS, Building BI, Digital Maintenance, and 3 more products and services.

Who are KODE Labs's investors?

KODE Labs has 3 investors. Key investors include I Squared Capital, Maverix Private Equity, and TELUS Ventures.

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