PassiveLogic

Salt Lake City, United States Founded: 2016 • Age: 10 yrs
Digital-twin solutions are provided for managing construction project lifecycles.
Annual revenue - Latest available
Total funding $154.0M 9 rounds
Employees - Tracked headcount
Investors 15 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About PassiveLogic

PassiveLogic is a company based in Salt Lake City (United States) founded in 2016 by Jeremy Fillingim and Troy Harvey. PassiveLogic has raised $154 million across 9 funding rounds from investors including Johnson Controls, Prologis and DOE. PassiveLogic offers products and services including Hive, Quantum, Building Studio, and Sense Nano. PassiveLogic operates in a competitive market with competitors including OpenSpace, CINTOO, StructionSite, Bentley Systems and LocusView, among others.

  • Headquarter Salt Lake City, United States
  • Founders Jeremy Fillingim, Troy Harvey
  • Sectors
    Real Estate & Construction
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Passivelogic, Inc.
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $154 M (USD)

    in 9 rounds

  • Latest Funding Round
    $74 M (USD), Series C

    Sep 16, 2025

  • 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 PassiveLogic

PassiveLogic offers a comprehensive portfolio of products and services, including Hive, Quantum, Building Studio, and Sense Nano.

Product name locked
Category locked
Primary

Full-stack system for building lifecycle automation and optimization

Product name locked
Category locked
Locked

Enables real-time AI-driven design and control for buildings

Product name locked
Category locked
Locked

Generates custom autonomous systems via digital twins

Product name locked
Category locked
Locked

Provides breakthrough building sensor for monitoring and analysis

People of PassiveLogic

Headcount 50-200
Employee Profiles 39
Employee Profiles
People
Hannah McLain
Business Operations Strategist
People
Randy Carter
Test Engineer
People
James Lyons
Field Application Engineer
People
Majid Karami
Head of Digital Twins

Unlock access to complete

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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm focused on deep tech, fintech, and AI companies
Locked Locked Locked
Focus is placed on real estate and renewable energy investments.
Locked Locked Locked
Investments are made in early and growth-stage technology startups.
Locked Locked Locked
Premium access

Investor details for PassiveLogic

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 PassiveLogic

Investments
Premium access

Investment portfolio details for PassiveLogic

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 - PassiveLogic

Premium access

Detailed financials for PassiveLogic

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.

Passivelogic Comparisons

PassiveLogic Primary company
Description
Digital-twin solutions are provided for managing constructio...
Location
Salt Lake City, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for PassiveLogic

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 PassiveLogic

PassiveLogic 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 OpenSpace, CINTOO, StructionSite, Bentley Systems and LocusView, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Construction sites are monitored via AI-powered SaaS technology.
Locked Locked Locked
SaaS-driven digital twins for construction project management are provided.
Locked Locked Locked
SaaS platform for construction site photo documentation is provided.
Locked Locked Locked
Cloud-based design software for infrastructure construction is provided.
Locked Locked Locked
Navigation-based workforce management solutions for construction are provided.
Premium access

Detailed competitors of PassiveLogic

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 Passivelogic

Premium access

Complete news archive for PassiveLogic

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 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 current CEO of PassiveLogic. They have also founded this company.

PassiveLogic is a funded company, having raised a total of $154M across 9 funding rounds to date.

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, SiteAware and CINTOO.

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.

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