Smart Buildings

What is the Recipe for Smart Building Startup ‘Success’?

In smart buildings, like all tech industries, most startups set out hoping to be the game-changing company that puts a “dent in the universe” but the reality is that few even get close. Despite all the hype around so many startups, the odds of “success” if you are funded by a top venture capital (VC) investor are something like 0.05%, and even “success” doesn’t mean you change the game or disrupt the market. “Many startups claim to be disrupting the market in one way or another. But how true is that?” highlights our new research study. “With $37 billion of capital invested in smart building startups since 2015, should we expect the industry to have been disrupted? With that massive amount of capital brought to bear over the last ten years, can we point to a startup that is now poised to disrupt the operation and maintenance phases of commercial buildings?” As our startup study […]

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