Monaire offers predictive HVAC and Refrigeration (HVAC/R) maintenance & energy management solutions for small commercial buildings. The company uses AI to detect and diagnose problems with a building's existing HVAC/R system and automatically dispatches vetted technicians to address issues. Founded in 2022 by Nishant Kanapilly and Rahul Subramany, Monaire's mission is to accelerate the world's transition to sustainable heating and cooling. The company is funded by Construct Captial, Workshop Ventures, and other angel investors.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 03/22/24 | $3,500,000 | Seed |
Construct Capital Steve Fredette Tom Kuo Workshop Ventures | undisclosed |
