# KODE Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kode-labs

- Industry: Software
- Headquarters: Dover, US
- Website: www.kodelabs.com
- Total disclosed funding: $33M
- Latest round: Series B (Apr 16, 2024)
- Investors on record: 3

## About

Based in Michigan, US, and founded in 2017, KODE Labs, Inc. is a vendor-agnostic building management platform that optimizes building systems, provides operational savings, and increases profit for real estate owners. In April 2024, KODE Labs, Inc. raised USD 30 million in series B funding led by Maverix Private Equity, with participation from I Squared Capital and TELUS Ventures.

The company collects and normalizes data from building systems, and provides a single pane of glass through which operations for the entire real estate portfolio can be monitored, controlled, and optimized to improve energy efficiency, extend equipment lifespan, and increase tenant satisfaction.

The company intends to use the funding raised in September 2022 to advance its smart building platform and to invest in R&D.

## Funding rounds

- Series B, Apr 16, 2024, $25M — TELUS Ventures, I Squared Capital, Maverix Private Equity
- Series A, Aug 17, 2022, $8M — I Squared Capital

## Investors

- I Squared Capital (https://capitalatlas.ai/funds/i-squared-capital) — Series A, Series B
- TELUS Ventures (https://capitalatlas.ai/funds/telus-ventures) — Series B
- Maverix Private Equity (https://capitalatlas.ai/funds/maverix-private-equity) — Series B
