PassiveLogic - About the company
PassiveLogic is a series C company based in Salt Lake City (United States), founded in 2016 by Troy Harvey and Jeremy Fillingim. It operates as a Provider of physical AI solutions for buildings and other infrastructure. PassiveLogic has raised $154M in funding from investors like Addition, Keyframe and Brookfield Asset Management. The company has 96 active competitors, including 21 funded and 9 that have exited. Its top competitors include companies like OpenSpace, LocusView and Sensat.
Company Details
Provider of physical AI solutions for buildings and other infrastructure. It provides physical AI control for buildings and other infrastructure, using physics-based world models to simulate, predict, and learn. It offers an autonomous solution for managing the building life cycle that includes tools for designing, building, operating, and maintaining.
- Website
- passivelogic.com
- Phone Number
- +1 **********
- Registered Address
- Salt Lake City, Utah
Key Metrics
Founded Year
2016
Location
Salt Lake City, United States
Stage
Series C
Total Funding
$154M in 9 rounds
Latest Funding Round
Ranked
4th among 96 active competitors
Employee Count
135 as on Sep 30, 2026
Legal entities associated with PassiveLogic
PassiveLogic is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Passivelogic, Inc. CIN: 001t000000hjeVsAAI , United States, Active | May 05, 2021 | - | - | - |
Passivelogic, Inc. CIN: 811668888 , United States, Active | Dec 31, 1999 | - | 112 (As on Dec 31, 2024) | - |
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PassiveLogic's funding and investors
PassiveLogic has raised a total funding of $154M over 9 rounds. Its first funding round was on Apr 09, 2018. Its latest funding round was a Series C round on Sep 16, 2025 for $*****. 8 investors participated in its latest round. PassiveLogic has 15 institutional investors.
Here is the list of recent funding rounds of PassiveLogic:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 16, 2025 | 2659688 | Series C | 4503641 | 6158424 | 7111587 | 8270235 |
Sep 20, 2022 | 6508707 | Series B | 7039269 | 7220099 | 9272379 | |
2022 | 5184 | Grant (prize money) | 3920 | 6962 | 2186 |
View details of PassiveLogic's funding rounds and investors
PassiveLogic's founders and board of directors
Founder? Claim ProfileThe founders of PassiveLogic are Troy Harvey and Jeremy Fillingim. Thomas Kiessling is the CEO of PassiveLogic.
Here are the details of PassiveLogic's key team members:
- Troy Harvey: Co-Founder of PassiveLogic and founder of 1 other company. Contact Info: 2 email addresses
- Jeremy Fillingim: Co-Founder & CTO of PassiveLogic and founder of 1 other company. Contact Info: 2 email addresses
- Thomas Kiessling: CEO of PassiveLogic.
View details of PassiveLogic's Founder profiles and Board Members
PassiveLogic's employee count trend
PassiveLogic has 135 employees as of Sep 26. Here is PassiveLogic's employee count trend over the years:
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PassiveLogic's Competitors and alternates
Top competitors of PassiveLogic include OpenSpace, LocusView and Sensat. Here is the list of Top 10 competitors of PassiveLogic, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OpenSpace 2017, San Francisco (United States), Series D | Developer of visual intelligence software for construction project site monitoring | $199M | 72/100 | |
2nd | LocusView 2014, Chicago (United States), Acquired | Navigation-based workforce management solutions for the construction sector | $80M | 61/100 | |
3rd | Sensat 2017, London (United Kingdom), Series B | Developer of a platform providing digital twin solutions for infrastructure projects | $38.8M | 60/100 | |
4th | PassiveLogic 2016, Salt Lake City (United States), Series C | Provider of physical AI solutions for buildings and other infrastructure | $154M | 59/100 | |
5th | Provider of AI-powered analytics solutions for construction projects | $8.84M | 59/100 | ||
6th | FJ Dynamics 2017, Shenzhen (China), Series B | Provider of robots and automated systems for multiple industries | $99.4M | 56/100 | |
7th | Kwant.ai 2014, New York City (United States), Seed | Developer of an AI enabled digital twin based construction analytics platform | $5.4M | 56/100 | |
8th | Bentley Systems 1984, Exton (United States), Public | Provider of cloud-based designing software for the construction industry | - | 55/100 | |
9th | Scanifly 2015, Cambridge (United States), Seed | Provider of a drone platform for solar system installations | $2.27M | 50/100 | |
10th | SiteAware 2015, Houston (United States), Series B | Cloud-based project monitoring and site management solution | $30M | 49/100 |
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PassiveLogic's Investments and acquisitions
PassiveLogic has made no investments or acquisitions yet.
Reports related to PassiveLogic
Here is the latest report on PassiveLogic's sector:
News related to PassiveLogic
Media has covered PassiveLogic for a total of 8 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.
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PassiveLogic Unveils World's First Generative Autonomy Platform for Buildings and Industrial InfrastructureAiThority•Jul 08, 2026•PassiveLogic
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PassiveLogic Names Thomas Kiessling Chief Executive OfficerEuropa Press•Jul 08, 2026•PassiveLogic, Siemens, Defacto Technologies
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PassiveLogic and Aroundtown Partner to Transform European Real EstatePR Newswire•Oct 07, 2025•PassiveLogic, Aroundtown
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Rewiring Autonomy: PassiveLogic Raises $74 Million to Scale Physical AI in the Real Worldintelligence360•Oct 03, 2025•Noa, NVentures, Addition, PassiveLogic and 5 others
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PassiveLogic Raises $74 Million Series C to Accelerate Autonomous Building RevolutionTechBuzz•Sep 17, 2025•National Oceanic and Atmospheric Administration, PassiveLogic, Prologis, Johnson Controls and 2 others
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PassiveLogic's Sense Nano Wins AHR Innovation Award for Breakthrough Building SensorGlobeNewswire•Feb 06, 2025•PassiveLogic
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PassiveLogic’s Advances Swift AI Compiler to Deliver Superior Energy Efficiency Over Industry Giants TensorFlow and PyTorchGlobeNewswire•Aug 20, 2024•PassiveLogic
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PassiveLogic Awarded Red Dot Design Award for Sense Nano Product DesignGlobeNewswire•Jul 30, 2024•PassiveLogic
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PassiveLogic Announces Breakthrough Platform for GenerativeBusinessFortNight•Nov 02, 2023•PassiveLogic
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