Kterio Raises $10M in Funding
Kterio, a US, UK and Netherlands based real estate SaaS company, completed a $10m funding round.
The round was led by Round Hill Ventures with participation from Brighton Ventures.
The company intends to use the funds to accelerate product development, expand sales and marketing, and scale-out its Real Estate SaaS business in Europe and North America.
Led by Joe Stolarski, CEO, Kterio provides a proprietary Building Digital Operating System (B-DOS) platform that allows building owners and managers to digitally manage commercial and industrial building assets, reducing operating costs and supporting ESG initiatives. The Kterio BDOS platform aggregates data from disparate closed building systems such as HVAC, lighting, utility metering and elevators/lifts and unifies them into a single platform. Building owners can use the platform to monitor their buildings’ assets in real-time, benchmark the performance of various systems, identify operations and maintenance issues, and take action accordingly. The solution enhances the work of the building management staff and helps to make decisions that significantly reduce energy consumption.
Kterio is headquartered in the US and Europe and serves customers in the commercial building, industrial, multi-family and hospital sectors.
Kterio Raises $10M in Funding. Congratulations to the entire team. I wish you great success in this endeavour.Shishir Gupta, Founder and CEO, StartupLanes
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