Tether offers a comprehensive platform that consolidates multiple building-performance technologies into a single analytics system, using locally manufactured, self-powered sensors that do not require Wi‑Fi. Its devices deliver real-time monitoring, predictive maintenance reports, performance benchmarks, and actions to optimise heating, cooling, and lighting while monitoring air quality and occupant health. The company counts customers such as Westpac, Douglas Pharmaceuticals, BRANZ and Kāinga Ora and is poised to deploy its 10,000th sensor across New Zealand. Founded in 2017, Tether is expanding internationally through a partnership with Ricoh to integrate into RICOH Spaces and extend its footprint across Australia, the UK and Europe. The integration will broaden sales capabilities across EMEA and APAC, add offices, and enhance workplace and space-utilisation insights. Tether’s platform can also support corporate environmental reporting by predicting NABERS performance and simplifying Scope 2 and 3 emissions reporting with real-time energy data.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2024