75F Company Profile

Background

Founded in 2012 and headquartered in Bloomington, Minnesota, 75F specializes in designing and implementing smart building automation systems. The company's mission is to enhance commercial building comfort and efficiency through predictive and proactive Internet of Things (IoT)-based solutions. By integrating wireless sensors, equipment controllers, and cloud-based software, 75F delivers out-of-the-box building automation that optimizes energy consumption and improves indoor air quality (IAQ).

Key Strategic Focus

75F's strategic focus centers on:

Energy Efficiency: Utilizing IoT and machine learning to achieve significant HVAC energy savings, with customers reporting an average reduction of 41.8% in energy consumption and carbon footprint.

Scalability: Offering solutions that are quick to deploy and easy to install, making advanced building automation accessible to a wide range of commercial properties.

User Experience: Enhancing occupant comfort through personalized control over environmental settings, thereby improving overall satisfaction and productivity.

Financials and Funding

As of February 2025, 75F has raised a total of $53.6 million in funding. Notable funding rounds include:

Series A (September 2019): Raised $18 million with investments from Breakthrough Energy Ventures, Oil and Gas Climate Initiative, and others.

Series B (February 2025): Secured $45 million led by Accurant International's Net Zero Alliance, with participation from Carrier Global Corporation, Climate Investment, Breakthrough Energy Ventures, Next47, and WIND Ventures.

The capital is intended to scale operations, enhance AI capabilities, and expand market reach.

Technological Platform and Innovation

75F's technological platform is distinguished by:

Proprietary IoT Devices: Wireless sensors and equipment controllers that collect and transmit data for real-time analysis.

Cloud-Based Software: Centralized management of building systems, enabling predictive maintenance and proactive adjustments.

Machine Learning Algorithms: Analyzing data patterns to optimize HVAC performance and energy usage.

Saffron AI: Launched in 2023, this AI platform enhances building intelligence by providing actionable insights and automation capabilities.

Leadership Team

Deepinder Singh: Founder and CEO, leading the company's strategic vision and technological innovation.

David Koerner: Vice President of Marketing, overseeing brand strategy and market expansion efforts.

Bob French: Chief Evangelist, responsible for promoting 75F's mission and engaging with industry stakeholders.

Competitor Profile

Market Insights and Dynamics

The smart building automation market is experiencing significant growth, driven by increasing demand for energy efficiency and sustainable building solutions. The integration of IoT and AI technologies is transforming building management, offering enhanced control and operational insights.

Competitor Analysis

Key competitors include:

Drayson Technologies: An IoT platform company focusing on energy management solutions.

3 Solutions: Provides home renovation and property maintenance services, including smart building integrations.

Groupe GCC: Offers construction, energy, and property development solutions with a focus on sustainable building practices.

Controlled Conditions: Specializes in facility management solutions, including building automation systems.

Strategic Collaborations and Partnerships

75F has established significant partnerships to strengthen its market position:

Carrier Global Corporation: Investment aligns with Carrier's strategic vision to enhance building automation and energy efficiency.

Breakthrough Energy Ventures: Continued investment supports 75F's mission to provide sustainable building solutions.

WIND Ventures: Participation in funding rounds indicates confidence in 75F's growth potential and technological innovation.

Operational Insights

75F's competitive advantages include:

Affordability: Offering cost-effective solutions that make advanced building automation accessible to a broader market.

Ease of Installation: Wireless, plug-and-play systems reduce installation time and complexity.

Scalability: Solutions suitable for various commercial property sizes and types, from small offices to large multi-site portfolios.

Strategic Opportunities and Future Directions

Looking ahead, 75F aims to:

Expand Market Reach: Targeting multi-site portfolios such as offices, retail spaces, school districts, municipalities, warehouses, and manufacturing facilities.