Infogrid
The business, the turning points, and the decisions behind them.
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Sections to complete:02 · 05
01 / WHAT IT BUILT
What the company did
Infogrid is a London-based smart building technology company founded in 2018. It combines small IoT sensors with artificial intelligence to automate and optimize facilities and building management, monitoring air quality, occupancy, energy consumption, temperature and humidity in real time. The platform helps building owners and facility managers cut energy costs, prevent issues such as mold growth or water leaks, and meet ESG sustainability targets; customers included global banks, supermarkets, restaurant chains and the NHS.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Company founded
Will Cowell de Gruchy founds Infogrid in London to combine IoT sensors with AI for building management automation.
- Series A
The company raises a $15.5 million Series A led by Northzone with participation from JLL Spark and others.
- Series B
Infogrid raises $90 million in equity plus $30 million in debt facilities, led by Northzone with SoftBank Vision Fund 2 participating, after reporting 5x growth in 2022; it also acquires the Aquicore ESG analytics platform.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.