BrainBox AI - About the company
BrainBox AI is an acquired company based in Montreal (Canada), founded in 2017 by Sean Neely and Jean Simon Venne. It operates as a Developer of an AI platform for building HVAC system optimization. BrainBox AI has raised $103M in funding from investors like ABB, Quebec and Education Development Center. The company has 5403 active competitors, including 742 funded and 454 that have exited. Its top competitors include companies like Particle, ecobee and Landis+Gyr.
Company Details
Developer of an AI platform for building HVAC system optimization. The platform autonomously optimizes HVAC systems to reduce energy consumption. It offers a cloud building management system for portfolio-wide control. The company provides resources, including articles, case studies, and tools, related to AI and sustainability.
- Website
- brainboxai.com/en/
- Social
- Email ID
- *****@brainboxai.com
- Phone Number
- +1 **********
- Registered Address
- Annapolis,Maryland
Key Metrics
Founded Year
2017
Location
Montreal, Canada
Stage
Acquired
Total Funding
$103M in 7 rounds
Latest Funding Round
Ranked
17th among 5403 active competitors
Employee Count
200 as on Jan 02, 2026
Similar Companies
Exit Details
Acquired by Trane Technologies (Dec 18, 2024)
Legal entities associated with BrainBox AI
BrainBox AI is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Brainbox Ai Inc. CIN: 11468936 , Canada, Active | Jun 17, 2019 | - | - | - |
Brain Box CIN: 40103260334 , Latvia, Active | Nov 23, 2009 | $965K (As on Dec 31, 2024) | 5 (As on Dec 31, 2023) | - |
BRAINBOX AI US LLC CIN: 844845922 , United States, Active | Dec 31, 1999 | - | 1 (As on Dec 31, 2021) | - |
BrainBox AI's acquisition details
BrainBox AI got acquired by Trane Technologies on Dec 18, 2024.
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BrainBox AI's funding and investors
BrainBox AI has raised a total funding of $103M over 7 rounds. Its first funding round was on Apr 28, 2020. Its latest funding round was a Series B round on Jul 07, 2023 for $*****. 5 investors participated in its latest round. BrainBox AI has 8 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of BrainBox AI:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 07, 2023 | 4363427 | Series B | 6682561 | 3162576 | 4102994 | 4890539 |
Apr 28, 2023 | 7448208 | Series B | 4751327 | 4688940 | 9746157 | 7745518 |
Feb 17, 2023 | 6572781 | Series A | 6882911 | 6533215 | 3373653 |
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BrainBox AI's founders and board of directors
Founder? Claim ProfileThe founders of BrainBox AI are Sean Neely and Jean Simon Venne. Jean-Simon Venne is the CEO of BrainBox AI.
Here are the details of BrainBox AI's key team members:
- Sean Neely: Former Co-Founder of BrainBox AI and founder of 1 other company. Contact Info: 1 email address
- Jean Simon Venne: Co-Founder & CEO of BrainBox AI and founder of 1 other company.
View details of BrainBox AI's Founder profiles and Board Members
BrainBox AI's employee count trend
BrainBox AI has 200 employees as of Jan 26. Here is BrainBox AI's employee count trend over the years:
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BrainBox AI's Competitors and alternates
Top competitors of BrainBox AI include Particle, ecobee and Landis+Gyr. Here is the list of Top 10 competitors of BrainBox AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Particle 2011, San Francisco (United States), Acquired | Developer of a prototype to production connectivity platform for IoT | $135M | 78/100 | |
2nd | Manufacturer of smart thermostats, sensors, cameras, and security system bundles | $155M | 77/100 | ||
3rd | Landis+Gyr 1896, Cham (Switzerland), Acquired | Provider of advanced grid infrastructure, energy management, and smart metering solutions | $1.03B | 76/100 | |
4th |  Sense 2013, Cambridge (United States), Series D | Provider of AI and app-based energy monitoring solutions | $195M | 75/100 | |
5th | AppFolio 2006, Santa Barbara (United States), Public | SaaS-driven property management software for owners and residential property managers | $30M | 73/100 | |
6th |  Span.IO 2014, San Francisco (United States), Series B | Provider of smart panel for home energy management | $256M | 70/100 | |
7th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 69/100 | |
8th |  Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
9th | EcoFactor 2006, Redwood City (United States), Series C | Data analytics platform for home energy management | $31.1M | 68/100 | |
10th |  Smart Joules 2014, Delhi (India), Series B | Provider of energy efficiency solutions for commercial and industrial buildings | $20.7M | 68/100 | |
17th | BrainBox AI 2017, Montreal (Canada), Acquired | Developer of an AI platform for building HVAC system optimization | $103M | 66/100 |
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BrainBox AI's Investments and acquisitions
BrainBox AI has made no investments or acquisitions yet.
News related to BrainBox AI
Filter this listMedia has covered BrainBox AI for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Trane Technologies Completes Acquisition of BrainBox AIFinancial Post•Jan 03, 2025•Trane Technologies, BrainBox AI
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BrainBox AI announced as one of Canada’s Companies-to-Watch in the 2024 Technology Fast 50 programFinancial Post•Nov 06, 2024•BrainBox AI
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BrainBox AI’s Revolutionary Virtual Building Engineer, ARIA, Named One of TIME’s 2024 Best InventionsFinancial Post•Nov 01, 2024•BrainBox AI
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Brainbox AI acquires the Turntide Technologies Automation DivisionGlobeNewswire•May 29, 2024•BrainBox AI, Turntide
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BrainBox AI Acquires Automation Division of Turntide TechnologiesFinancial Post•May 29, 2024•BrainBox AI, Turntide
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DOS Labs Raises $2.45 Million In Funding to Revolutionize Battle Royale Gaming with MetaDOSbitcoinethereumnews.com•Apr 02, 2024•DOS Labs, MetaDOS, Kangaroo Capital, AZA Ventures and 5 others
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