About PassiveLogic
PassiveLogic is a Real Estate & Construction company based in Salt Lake City (United States) founded in 2016 by Jeremy Fillingim and Troy Harvey. Digital-twin solutions are provided for managing construction project lifecycles. It operates in the Real Estate & Construction and Technology sectors. PassiveLogic has raised $154 million across 9 funding rounds from investors including Johnson Controls, Prologis and DOE. Its chief executive, as recorded, is Troy Harvey. PassiveLogic offers products and services including Hive, Quantum, Building Studio, and Sense Nano. Its focus areas include Real Estate and Construction Tech, Construction Tech, Project Management and Suite. Its legal entity is PassiveLogic, Inc. Its competitors include OpenSpace, StructionSite and Bentley Systems; 2 of its 3 listed competitors have raised funding.
Company details
PassiveLogic was founded in 2016 in Salt Lake City, United States. Digital-twin technology is utilized by the company to deliver solutions for construction projects. An autonomous platform is offered to handle the full building lifecycle, encompassing design, construction, operation, maintenance, and management processes. Operations focus on the construction and real estate sectors, with tools developed for efficiency in project oversight across various geographies.
- Headquarters Salt Lake City, United States
- Founders Jeremy Fillingim, Troy Harvey
- SectorsReal Estate & ConstructionTechnology
- Phone•••• ••••
- Website passivelogic.com
- Social LinkedIn X Facebook YouTube
- Legal Name Passivelogic, Inc.
- Total Equity Funding$154M (USD)
in 9 rounds
- Latest Funding Round$74M (USD), Series C
Sep 2025
- InvestorsJohnson Controls
& 14 more
Products & Services of PassiveLogic
PassiveLogic offers a comprehensive portfolio of products and services, including Hive, Quantum, Building Studio, and Sense Nano.
Full-stack system for building lifecycle automation and optimization
Enables real-time AI-driven design and control for buildings
Generates custom autonomous systems via digital twins
Provides breakthrough building sensor for monitoring and analysis
Apps and channels of PassiveLogic
its YouTube channel PassiveLogic has 325 subscribers and 7 videos.
Videos from PassiveLogic
The most watched videos on PassiveLogic's YouTube channel, PassiveLogic (325 subscribers). Click a video to play it here.
More on PassiveLogic.
Funding Insights of PassiveLogic
PassiveLogic has successfully raised a total of $154M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $74 million completed in September 2025. 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 $154M
- Total Rounds 9
- Last Round Series C — $74M
- First Round $225,000
(Apr 2018)
- Investors Count 15
All 9 funding rounds of PassiveLogic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $74M | Series C | – | Noa | |
| Sep 2022 | $15M | Series B | – | – | |
| Jun 2022 | $1.2M | Grant | – | – | |
| Apr 2022 | $15M | Series B | – | Brookfield Asset Management | – |
| Jan 2022 | $34M | Series B | – | Keyframe, Addition | |
| Oct 2020 | $16M | Series A | – | Keyframe, Addition | – |
| Jul 2019 | $1.35M | Grant | – | – | |
| Sep 2018 | Seed | – | Dreamit | – | |
| Apr 2018 | $225,000 | Grant | – | – |
15 investors in total: 15 institutional.
Investors in PassiveLogic
PassiveLogic has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Johnson Controls, Prologis and DOE.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on deep tech, fintech, and AI companies | nventures.sg | Singapore, Singapore | ||
Focus is placed on real estate and renewable energy investments. | 1899 | brookfield.com | Toronto, Canada | |
Investments are made in early and growth-stage technology startups. | addition.com | New York, United States | ||
Venture capital fund focused on the real estate startups | ret.vc | Park City, United States | ||
Startup accelerator | dreamit.com | New York, United States | ||
Venture capital investments are focused on built world technologies. | noavc.com | London, United Kingdom | ||
Diversified investment firm | psppartners.com | Chicago, United States | ||
Venture capital arm of Nvidia | nventures.ai | Santa Clara, United States | ||
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | ||
| keyframecapital.com |
Investor details for PassiveLogic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of PassiveLogic
39 people are tracked at PassiveLogic (19 in leadership, 20 in team).
| Name | Role | Group |
|---|---|---|
Jeremy Fillingim | Co-Founder & CTO | Leadership |
Troy Harvey | Co-Founder & CEO | Leadership |
Majid Karami | Head of Digital Twins | Leadership |
Araz Ashouri | Head Of Formal Methods | Leadership |
Alexa Kalandiak | Head of Physical Product Design | Leadership |
Pete Bielawski | VP Engineering, Platform & Formal Methods | Leadership |
Richard Jorgensen | VP Of Cloud And Kayenta | Leadership |
Jay Herron | Head of Cloud Software | Leadership |
Will West | Director | Leadership |
Jennifer Schroll | Jr. Creative Director | Leadership |
Nathan Hill | Head Of Customer Success | Leadership |
Larry Weber | Chief Commercial Officer (cco) | Leadership |
Tanner Scott W. | Chief Operations Officer | Leadership |
Travis Anna Hallstrom | Head Of Product | Leadership |
Darian Slywka | Director of Strategic Partnerships, IoT/Apps, Government & Utilities | Leadership |
Tyler Pollick | Enterprise Architect, Office Of The CEO | Leadership |
Mandy Jenkins | Head Of People | Leadership |
John Easterling | Head Of Applied Engineering | Leadership |
Daniel Frysinger | Head Of Product | Leadership |
Hannah McLain | Business Operations Strategist | Team |
19 more people are available in the full profile.
Complete people profiles for PassiveLogic
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of PassiveLogic
3 dated milestones of PassiveLogic across 9 years, from founding to its latest funding, stage changes and deals.
- Founded PassiveLogic is founded.
- Funding First funding round of $225K.
- Funding Latest funding round, Series C, of $74.0M.
Competitors of PassiveLogic
PassiveLogic has 3 listed competitors in our database, 2 of them funded. They include OpenSpace, StructionSite and Bentley Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| openspace.ai | 2017 | San Francisco, United States | $198.7M | 117 | Construction sites are monitored via AI-powered SaaS technology. | |
| structionsite.com | 2016 | San Francisco, United States | $25.01M | 53 | SaaS platform for construction site photo documentation is provided. | |
| bentley.com | 1984 | Exton, United States | 18 | Cloud-based design software for infrastructure construction is provided. |
Detailed competitors of PassiveLogic
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of PassiveLogic
The website of PassiveLogic (passivelogic.com) receives about 3.9K visits a month.
- Monthly visits3.9K
▼ 9.9% vs previous month
Top companies in Construction & Building Tech
3 companies that operate in the same segment as PassiveLogic (Construction & Building Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
SaaS project management software is provided for construction professionals. | 2003 | Carpinteria, California, United States | USD 406.15 M | USD 1.32 B | 4,927 | |
Business management software is offered for home service providers. | 2007 | Glendale, California, United States | USD 1.1 B | USD 960.97 M | 3,049 | |
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | Sunnyvale, California, United States | USD 3.59 B | 12,100 |
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Related news about Passivelogic
Complete news archive for PassiveLogic
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Frequently Asked Questions about PassiveLogic
PassiveLogic was founded in 2016 and raised its 1st funding round 2 years after it was founded.
PassiveLogic is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Troy Harvey is the CEO of PassiveLogic, as recorded in our data. They have also founded this company.
PassiveLogic is a funded company, having raised a total of $154M across 9 funding rounds to date. The company's 1st funding round was a Grant of $225K, raised on Apr 2018.
PassiveLogic was founded in 2016 in Salt Lake City, United States. Digital-twin technology is utilized by the company to deliver solutions for construction projects. An autonomous platform is offered to handle the full building lifecycle, encompassing design, construction, operation, maintenance, and management processes. Operations focus on the construction and real estate sectors, with tools developed for efficiency in project oversight across various geographies.
PassiveLogic's top competitors include OpenSpace, StructionSite and Bentley Systems.
PassiveLogic offers Hive, Quantum, Building Studio, and Sense Nano.
PassiveLogic has 15 investors. Key investors include Johnson Controls, Prologis, DOE, Brookfield Asset Management, and nVentures.
PassiveLogic operates through Passivelogic, Inc..