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Kode Labs raised $30M in a Series B led by Maverick Private Equity to expand its app marketplace and further develop its use of AI to optimize building operations.

Apr 15, 2024over 1 year ago

Amount Raised

$30 Million

Round Type

series b

DoverSoftwareInformation Technology

Investors

Telus VenturesI Squared CapitalMaverick Private Equity

Description

Kode Labs, founded by brothers Edi and Etrit Demaj, recently raised a $30 million Series B led by Maverick Private Equity with participation by I Squared Capital and Telus Ventures. The startup plans to use the funds to expand its app marketplace and further develop its use of AI to optimize building operations.

Company Information

Company

KODE LABS

Location

3500 S DUPONT HWY

Dover, Delaware, United States

About

KODE Labs is a smart building software company transforming real estate management and tenant experience through its innovative, data-centric operating system, KODE OS. The open enterprise platform leverages a software-as-a-service (SaaS) model to optimize building performance, integrating data from building management systems, IoT, and operational systems into a unified, cloud-based solution. KODE Labs enables thousands of real estate portfolios globally to operate their buildings seamlessly, economically, and sustainably.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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