Monaire

Madison, United States Founded: 2020 • Age: 6 yrs
AI-enabled HVAC and refrigeration management solutions
Annual revenue - Latest available
Total funding $7.6M 3 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

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
  • Sectors
    Business Services
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Monaire India Private Limited
  • Date of Incorporation 20 Mar, 2024
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.64 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Monaire

Monaire offers a comprehensive portfolio of products and services, including Monaire AI Platform and Sensors and Thermostats.

Product name locked
Category locked
Primary

AI software for optimizing HVAC and Refrigeration systems

Product name locked
Category locked
Locked

Devices that monitor and control energy use in facilities

People of Monaire

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Kedar Kekan
Head Of Engineering
People
Nishant Kanapilly
CEO & Co-founder
People
Mohit Kumar Srivastava
Senior Software Engineer

Unlock access to complete

Teams

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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Construct Capital is focused on investing in foundational industries.
Locked Locked Locked
Workshop Ventures is engaged in building and investing in startups.
Locked Locked Locked

Steve Fredette

Co-founder of Toast, active angel investor in tech startups
Locked Locked Locked
Premium access

Investor details for Monaire

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Monaire

Investments
Premium access

Investment portfolio details for Monaire

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Monaire

Premium access

Detailed financials for Monaire

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Monaire Comparisons

Monaire Primary company
Description
AI-enabled HVAC and refrigeration management solutions
Location
Madison, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Monaire

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of smart thermostats for commercial and residential applications
Locked Locked Locked
Producer and supplier of natural gas, electricity, and heat
Locked Locked Locked
Reseller and installer of energy storage devices
Locked Locked Locked
Submeter billing and overtime HVAC management services are provided.
Locked Locked Locked
AI-powered energy management and HVAC solutions for buildings are provided.
Locked Locked Locked
Software for facility management and commercial contractors is delivered.
Premium access

Detailed competitors of Monaire

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Monaire

Monaire Raises $3.5M in Seed Funding
Finsmes2 years ago
Premium access

Complete news archive for Monaire

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

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's top competitors include ecobee, BuildOps and Mysa.

Monaire offers Monaire AI Platform and Sensors and Thermostats.

Monaire has 3 investors. Key investors include Construct Capital, Workshop Ventures, and Steve Fredette.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available