Relogix
411 Legget Drive, Suite 102, Ottawa, Ontario, K2K 3C9, Canada
Overview
Relogix is an Ottawa-based startup that builds IoT sensors and a cloud analytics platform to monitor workspace utilization, meeting rooms, and employee engagement. Its sensor-as-a-service subscription bundles hardware, software, wireless networking, and a workspace analytics cloud platform to reduce technology risk for customers. The company’s technology enables continual monitoring of flexible spaces and helps real estate professionals identify trends to optimize portfolios. Relogix was founded in 2010 and currently has a 24-person team. It plans to use the new funding to expand its team and accelerate market growth. The Series A brings Relogix’s total funding to date to CAD $6.8 million, following a CAD $1.4 million seed in August 2018 led by Mistral Venture Partners and prior angel backing. Relogix deploys sensors across large enterprises’ offices and commercial real estate portfolios to collect continuous data on how workspaces, meeting rooms and flex space are used. Its analytics surface usage patterns that let real estate teams optimize portfolios and improve space efficiency. The company reports strong customer feedback, which attracted investor interest. Relogix plans to use the new funding to hire additional software engineers to expand its product and engineering capacity. The company was founded in 2010 and is Kanata-based. Financially, Relogix has completed multiple seed financings, most recently raising $1.4 million.
- Total raised
- $4M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Oct 2019
Industries
- Analytics
- Business Intelligence
- Information Services
- Information Technology
- Real Estate
- SaaS
- Software
Recent funding
Series A
Oct 2019
$3M
Seed
Aug 2018
$1M