Logical Buildings, a NYC-based sustainability, smart building, and virtual power plant (VPP) software and solutions provider for the built world, closed a $10m funding round.
The round was led by Keyframe Capital.
The company intends to use the funds to facilitate a national rollout of its VPP software.
Led by Jeff Hendler, CEO, and David Klatt, COO, Logical Buildings provides sustainability, smart building and virtual power plant software and grid-interactive efficient building solutions provider for the built world. Its technologies empower residential, commercial, and industrial energy users to earn money, enhance building health and reduce carbon footprint, all from within mobile apps.
Founded in 2012, the company now operates in major national urban markets, such as New York, Boston, Dallas, Los Angeles, San Francisco, Seattle, Washington, D.C., Jersey City, Chicago, and Miami, and more.