# CohesionIB

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cohesionib

- Industry: Software
- Headquarters: Chicago, US
- Website: www.cohesionib.com
- Total disclosed funding: $22M
- Latest round: Series A (Nov 17, 2021)
- Investors on record: 5

## About

CohesionIB, Inc. is a provider of smart building solutions, integrating technology to enhance operational efficiency and management for real estate stakeholders, focusing on optimizing spaces and improving occupant experiences.Founded in 2018 in Chicago, US, CohesionIB, Inc. specializes in smart building solutions. The company raised USD 15.00 mn in Series A funding on November 17, 2021, with investors including Hyde Park Angels and Morgan Stanley Investment Management. The company's leadership includes CEO Thru Shivakumar, while the founders are Bethany Williams, Nik Patel, and Thru Shivakumar. The company has conducted 2 deals to date.Cohesion specializes in smart building solutions that integrate systems, people, and spaces to optimize management and operational efficiency for real estate stakeholders. Their core offerings include a comprehensive smart building platform featuring modern access control systems, AI-powered analytics, and energy management tools. These solutions streamline operations, enhance occupant experiences, and provide real-time insights into space utilization and energy consumption across various sectors, including commercial offices, industrial facilities, healthcare environments, and retail locations in North America and Europe.Cohesion generates revenue primarily through subscription-based models and direct sales of its smart building technology. Their flagship product, the Savvy AI-powered analytics platform, aggregates data from various building systems, offering insights via customizable dashboards. The company also provides annual subscriptions for ongoing software access and support services, fostering long-term partnerships with clients.Cohesion plans to utilize the USD 15.00 mn raised in Series A funding to support product and market expansion, particularly focusing on their digital twin technology for optimizing building environments and health. The company aims to introduce new products targeting enhancements in building management by 2023 and expand into additional geographical markets, emphasizing urban centers with high concentrations of commercial real estate.

## Funding rounds

- Series A, Nov 17, 2021, $15M — Morgan Stanley Investment Management, Frasers Property, Hyde Park Angels, Three Bridges Ventures, Wintrust Ventures
- Seed, Jul 16, 2020, $6.5M — Frasers Property, Hyde Park Angels

## Investors

- Frasers Property — Seed, Series A
- Hyde Park Angels (https://capitalatlas.ai/funds/hyde-park-angels) — Seed, Series A
- Morgan Stanley Investment Management — Series A
- Three Bridges Ventures (https://capitalatlas.ai/funds/three-bridges-ventures) — Series A
- Wintrust Ventures — Series A