# Igor

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

- Industry: Electronics
- Headquarters: West Des Moines, US
- Website: www.igor-tech.com
- Total disclosed funding: $2.5M
- Latest round: Series A (Oct 12, 2014)
- Investors on record: 1

## About

Based in Iowa, US and founded in 2013, Igor, Inc. develops and intelligent lightning control that connects LED light fixtures, motion sensors, daylight sensors and assigns the attached devices through a network switch. The company is founded by Dwight Stewart, who previously founded QAS, a smart building platform company which he sold in 2012. Next Level Ventures is one of the major investors of Igor.

The company's flagship product, Nexos, is a smart building platform that combines hardware, software, and cloud analytics. Nexos utilizes structured cable technology and Power-over-Ethernet (PoE) as the backbone of its advanced IoT platform. Aside from the intelligent lighting solutions, the platform also features intelligent disinfection, building automation, energy efficiency, and cloud operations hosting.

It was reported that the company has delivered a 176% compound annual growth rate (CAGR) over the past four years. The management forecasted to triple the revenue in 2021 as they continue to enjoy the accelerating market acceptance of their Agile Smart Building solutions.

## Funding rounds

- Series A, Oct 12, 2014, $2.5M — Next Level Ventures

## Investors

- Next Level Ventures (https://capitalatlas.ai/funds/next-level-ventures) — Series A