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Monaire

800 Lexington St. Waltham Plz 1033, Waltham, MA, 02451, United States

Overview

Monaire provides predictive HVAC and refrigeration (HVAC/R) maintenance and energy-management solutions using AI and wireless sensors. The software continually monitors HVAC/R system performance, detects problems, diagnoses issues, and automatically dispatches vetted technicians to make repairs. The company sells a combination of proprietary sensors and AI-driven monitoring and dispatch software to commercial building owners. Monaire plans to continue developing its proprietary sensors and AI technology and to expand into additional markets across the United States. Financially, the company recently closed a $3.5M Seed financing to support product development and market expansion. Monaire was founded in 2022 by Nishant Kanapilly and Rahul Subramany in Boston, MA.

Total raised
$4M
Funding rounds
1
Latest round
Seed
Latest activity
Mar 2024

Industries

  • Electronics
  • Heating, Ventilation, and Air Conditioning (HVAC)
  • Machinery Manufacturing
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Recent funding

  1. Seed

    Mar 2024

    $4M

Team