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Founded Year



Unattributed VC | Alive

Total Raised


Last Raised

$15M | 1 yr ago

About PassiveLogic

PassiveLogic is an autonomous platform for buildings to improve building energy efficiency and operational costs. It offers an artificial intelligence-driven control that brings the power of big data down to the building level and provides customers with their own virtual engineering team in one simple plug-and-play box. The company was founded in 2016 and is based in Holladay, Utah.

Headquarters Location

6405 S 3000 E, Suite 300

Holladay, Utah, 84121,

United States

(801) 394-3344



Expert Collections containing PassiveLogic

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

PassiveLogic is included in 3 Expert Collections, including Smart Cities.


Smart Cities

3,429 items


Artificial Intelligence

10,988 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.


Real Estate Tech

105 items

PassiveLogic Patents

PassiveLogic has filed 87 patents.

The 3 most popular patent topics include:

  • graphical user interfaces
  • graphical control elements
  • graphical user interface elements
patents chart

Application Date

Grant Date


Related Topics




Special relativity, Quantum mechanics, Morse code, Computer access control protocols, Computer network security


Application Date


Grant Date



Related Topics

Special relativity, Quantum mechanics, Morse code, Computer access control protocols, Computer network security



Latest PassiveLogic News

Real Estate Doldrums Prove Silver Lining For PropTech Firms

Oct 16, 2023

property metrics overlaid on a map of the property Engrain When economic boom times come to the real estate industry, speed can take priority over precision. Acquisition teams race against the clock, competing against scores of other suitors, making quickness as vitally important as correctly valuing a property. Similarly, a consistent flow of incoming residents during prosperous periods could leave some multifamily owners a bit less attentive to operations and maintenance details than they might be when renters are at a premium. But thoroughness, precision and data reliance make a comeback in tougher times, such as the ones in which we find ourselves. In such periods, the continued viability of many real estate entities rests on access to unimpeachable data. That’s why some cutting-edge proptech firms have prospered during this otherwise lackluster economic chapter. “The advances in applying data science and machine learning to real estate in the past few years have been significant, and the benefits they offer the industry are amplified in an uncertain economy,” said Christopher Yip, partner in real estate venture capital firm RET Ventures. “As interest rates climb and the consumer economy weakens, the ability for acquisitions and development teams to evaluate potential investments carefully is critical. Today’s real estate tech stack enables them to get income, migration and other demographic information in nearly real time. In addition, leveraging data and automation to more efficiently manage and operate existing assets is increasingly critical. “Firms looking to maintain their competitive advantage will utilize the most compelling technologies to do so. And the providers of these technologies are poised to thrive in the near future.” Among notable real estate technology breakthroughs is Markerr, a tool giving detailed insights about supply and demand catalysts within specific ZIP codes. For those eyeing property acquisitions, being able to gain up-to-date information on rents, salaries, employment, population, crime and a number of additional gauges can be a boon to decision making. On the other hand, in economic downturns leasing and asset management professionals require improved means of analyzing the numbers they already possess. Asset intelligence software from Engrain empowers CRE professionals to move beyond spreadsheets and view critical property metrics overlaid on maps of their properties. Doing so enables them to drill down into vacancy, rental rates and other essential data within the context of the property’s physical layout. That enables them to pinpoint patterns and outliers that can help them finetune their pricing and leasing strategies as needed. “For asset management teams, the ability to analyze key property metrics in the context of a property floorplan or stacking plan has proven extremely valuable, and a growing number of our clients have been utilizing that functionality,” says Engrain CEO Brent Steiner. “Data is important for the successful operations of any business, but when the economy turns, maximizing the insight gleaned from the data you already have becomes a true imperative.” Elsewhere, a product made by PassiveLogic is winning recognition as one of the most fascinating advancements in building automation. The technology aggregates the thousands of sensors and equipment in a physical building into a physics-based “digital twin.” It then stages simulations that ascertain how varying building components will interact with one another, helping produce substantial energy savings. “Buildings are the largest driver of climate change and represent roughly a quarter of global GDP activity,” said Troy Harvey, CEO of PassiveLogic. “Rapidly accelerating shifts in usage patterns and cultural dynamics demand an operational and technological revolution in this sector. PassiveLogic’s developments in generative AI and autonomous buildings technology are at the center point of how we address adaptive buildings, declining availability of trained labor, operational efficiency and growing climate requirements.” Get the best of Forbes  to your inbox with the latest insights from experts across the globe. Follow me on  Twitter . Check out my  website  or some of my other work  here .

PassiveLogic Frequently Asked Questions (FAQ)

  • When was PassiveLogic founded?

    PassiveLogic was founded in 2016.

  • Where is PassiveLogic's headquarters?

    PassiveLogic's headquarters is located at 6405 S 3000 E, Suite 300, Holladay.

  • What is PassiveLogic's latest funding round?

    PassiveLogic's latest funding round is Unattributed VC.

  • How much did PassiveLogic raise?

    PassiveLogic raised a total of $80.25M.

  • Who are the investors of PassiveLogic?

    Investors of PassiveLogic include NVentures, Brookfield Asset Management, RET Ventures, A/O Proptech, Keyframe Capital and 7 more.

  • Who are PassiveLogic's competitors?

    Competitors of PassiveLogic include EcoManagement.


Compare PassiveLogic to Competitors

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75F offers an internet of things (IoT) based building management system. It designs and builds smart sensors to make commercial buildings comfortable for guests and occupants. The company was founded in 2012 and is based in Minneapolis, Minnesota.

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Brainbox AI

BrainBox AI provides cloud-based artificial intelligence technology for commercial real estate buildings. The company offers heating, ventilation, and air conditioning (HVAC) technology that makes buildings, greener and supports real estate clients in various sectors, including office buildings, hotels, commercial retail, grocery stores, and airports. Brainbox AI was founded in 2017 and is based in Montreal, Canada.

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Octopus Energy

Octopus Energy is a company focused on providing sustainable energy solutions in the energy sector. The company offers energy services that are sourced from 100% renewable sources such as sun, wind, and water. The company's main offerings include smart tariffs for smart meters, which feature renewable electricity and no exit fees, and they also provide solutions for charging electric vehicles. It was founded in 2015 and is based in London, United Kingdom.

PassiveLogic Logo

PassiveLogic provides automation solutions for buildings powered by artificial intelligence through its suite of software integrated into a platform and automated hardware. The company offers hardware products that include Hive Controller, Cell Module, Swarm Sensors, and software products such as Autonomy Studio, Q Passport, Quantum Standard, Quantum Creator, and Quantum Explorer. It was founded in 2016 and is based in Holladay, Utah.


EcoManagement is a company focused on energy consumption management within the environmental sector. The company offers comprehensive energy saving solutions for lighting, climate, and electrical equipment control systems, using artificial intelligence to manage equipment and reduce energy usage. EcoManagement primarily serves businesses across various sectors including sports facilities, restaurants, shopping malls, and industrial suites. It was founded in 2021 and is based in Moscow, Russian Federation.


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