Smart Buildings

WeMaintain Achieves Strong International Growth: 70% Business Outside France

This Research Note examines the French startup, WeMaintain, established as an independent maintenance company to challenge the incumbent elevator and escalator manufacturers with IoT-based monitoring and superior service.  This article updates our 2022 Research Notes on the company in  July 2022 and October 2023. WeMaintain Profile Founded in 2017, WeMaintain offers tech-enabled predictive maintenance operations in commercial and residential buildings. The startup equips lifts with sensors and uses digital tools to provide reliable data for optimizing building management. They are challenging the incumbent elevator manufacturers with a strong customer service proposition, claiming to give asset owners and operators real-time information not previously available to them, helping to reduce their costs by 25% and improve the performance and energy consumption of their equipment.   The company is based in Paris, France, with offices in the UK and Singapore and employs around 300 people, including 100 in France. Deployments WeMaintain services more than 1,000 buildings across the […]

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Smart Buildings

Investment in AI Construction Startups Doubles to $616M in H1 2026

This Research Note examines investment trends across the Architecture, Engineering & Construction (AEC) lifecycle, drawing on our Startups in Smart Buildings Report H1 2026, which analyzed early-stage AEC startups developing AI-powered platforms for workflows, productivity and evidence-based decision-making. A Software Landscape in Transformation The AEC software landscape is being reshaped by a wave of early-stage […]

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Irisity’s Turnaround Strategy Progresses Towards Positive EBITDA

In this Research Note, we examine Irisity AB, a Swedish provider of AI-powered video analytics solutions. This analysis highlights their financials based on their 2025 Annual Report, 18th May 2026, and Q1 2026 results, 29th May 2026, as the company continues to implement its turnaround strategy to improve their financial results and create a path […]

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Albireo Energy Reports 13% Service Revenue Growth & PASCO Deal

This Research Note examines Albireo Energy, the largest independent building control systems integration and energy services company in the U.S. We explore their 2025 financial highlights, their strategy, and their latest acquisition, PASCO Building Automation Systems.  This article updates our July 2025 Research Note on the company. Albireo Energy Profile Founded in 2014, Albireo Energy, […]

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