Led · Equity · Aug 2023

Andorix designs, builds and manages a fibre-based converged network that serves as a secure, scalable foundation for smart building digitization across commercial, retail, and residential properties. Its vendor-agnostic solution integrates Wi-Fi, 5G, and IoT wireless spectrums to connect building systems, access control, lighting, HVAC, and energy management under an interoperable architecture. The company positions its infrastructure to help property owners reduce operating costs, improve sustainability performance, enhance tenant experience, and future-proof assets for 5G and digital services. Andorix recently secured a $10 million strategic equity investment and has access to previously secured debt capacity to scale deployment capacity. It has also established strategic relationships with major North American wireless infrastructure REITs to enable project-level, fully financed deployments with minimal upfront capital for property owners. The company is headquartered in Toronto.