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DateInvestorsAmountRound
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N/A

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N/A

Convertible
N/A

$500k

Seed

$1.2m

Grant

N/A

Early VC

N/A

Late VC
*

N/A

-
*

N/A

-
Total FundingAUD2.6m

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SensorSuite Inc. is a leading Internet of Things (IoT) company based in Canada, specializing in the optimization and efficiency of HVAC (Heating, Ventilation, and Air Conditioning) systems in small to mid-sized buildings. The company primarily serves Real Estate Investment Trusts (REITs) and other portfolio managers, focusing on energy savings through advanced control and optimization via its cloud-based Building Automation System (BAS).

SensorSuite offers a comprehensive suite of monitoring and control solutions for various HVAC systems, including electric baseboard heaters, Packaged Terminal Air Conditioners (PTACs), fan coils, heat pumps, rooftop units, and boilers. Their intuitive plug-and-play IoT sensors securely connect sensor data to the SensorSuite cloud, allowing for real-time monitoring and control of building environments. The powerful SensorSuite app provides insights and analytics on building performance and sends instant alerts when issues arise.

The company’s business model revolves around providing affordable, scalable smart building solutions that deliver significant return on investment (ROI) and paybacks, particularly for large buildings in urban centers. SensorSuite generates revenue through the sale of its hardware products, subscription fees for its cloud-based services, and ongoing maintenance and support contracts.

Keywords: IoT, HVAC optimization, energy savings, building automation, smart buildings, REITs, cloud-based solutions, real-time monitoring, wireless sensors, analytics.

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