About Monaire
Monaire is a company based in Madison (United States) founded in 2020 by Rahul Subramany and Nish Kanapilly. Monaire has raised $7.64 million across 3 funding rounds from investors including Construct Capital, Workshop Ventures and Steve Fredette. Monaire offers products and services including Monaire AI Platform and Sensors and Thermostats. Monaire operates in a competitive market with competitors including ecobee, Eneco, Swell Energy, Genea and Smart Joules, among others.
- Headquarter Madison, United States
- Founders Rahul Subramany, Nish Kanapilly
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Sectors
Business ServicesEnergy & Utilities
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Phone
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Website
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Social
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- Legal Name Monaire India Private Limited
- Date of Incorporation 20 Mar, 2024
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$7.64 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Construct Capital
& 2 more
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Employee Count
Not available
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Products & Services of Monaire
Monaire offers a comprehensive portfolio of products and services, including Monaire AI Platform and Sensors and Thermostats.
AI software for optimizing HVAC and Refrigeration systems
Devices that monitor and control energy use in facilities
People of Monaire
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Funding Insights of Monaire
Monaire has successfully raised a total of $7.64M across 3 strategic funding rounds. 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 Monaire
Monaire has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Construct Capital, Workshop Ventures and Steve Fredette.
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Construct Capital is focused on investing in foundational industries.
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Workshop Ventures is engaged in building and investing in startups.
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SF
Steve Fredette |
Co-founder of Toast, active angel investor in tech startups
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Investor details for Monaire
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Investments & Acquisitions by Monaire
Investment portfolio details for Monaire
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Financial Statements - Monaire
Detailed financials for Monaire
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Monaire Comparisons
Peer comparison for Monaire
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Competitors of Monaire
Monaire 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, Eneco, Swell Energy, Genea and Smart Joules, among others.
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Provider of smart thermostats for commercial and residential applications
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Producer and supplier of natural gas, electricity, and heat
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Reseller and installer of energy storage devices
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Submeter billing and overtime HVAC management services are provided.
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AI-powered energy management and HVAC solutions for buildings are provided.
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Software for facility management and commercial contractors is delivered.
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Detailed competitors of Monaire
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Latest news on Monaire
Complete news archive for Monaire
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Frequently Asked Questions about Monaire
Monaire was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Monaire is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.
Nish Kanapilly is the current CEO of Monaire. They have also founded this company.
Monaire is a funded company, having raised a total of $7.64M across 3 funding rounds to date.
AI-enabled HVAC and refrigeration management solutions. It provides solution to monitor and prevent refrigeration outages, reduce wasted supplies and dangerous food spoilage.
Monaire offers Monaire AI Platform and Sensors and Thermostats.
Monaire has 3 investors. Key investors include Construct Capital, Workshop Ventures, and Steve Fredette.