Tech Company Financing Transactions
Monaire Funding Round
On 3/20/2024, Monaire raised $3.5 million in Seed funding from Construct Capital and private investors.
Transaction Overview
Company Name
Announced On
3/20/2024
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to continue developing its proprietary sensors and AI technology, as well as expanding into additional markets across the United States.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
800 Lexington St. Waltham Plaza 1033
Waltham, MA 02451
USA
Waltham, MA 02451
USA
Phone
Undisclosed
Website
Email Address
Overview
Maximizing HVAC and Refrigeration efficiency and comfort for every light commercial building. Our focus is to address the unique needs of light commercial spaces, which currently don't receive much attention. Our tech enabled tailored solutions offer peace of mind, reduce emissions and costs significantly.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nish Kanapilly
Chief Technical Officer
Rahul Subramany
VP - Engineering
Kedar Kekan
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