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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.
Social
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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
Investors
Ranked
Employee Count
135 as on Sep 30, 2026
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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:lockFilter this list
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
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PassiveLogic's founders and board of directors

Founder? Claim Profile
The 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:

PassiveLogic's employee count trend

PassiveLogic has 135 employees as of Sep 26. Here is PassiveLogic's employee count trend over the years:
Employee count trend for PassiveLogic
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for OpenSpace
OpenSpace
2017, San Francisco (United States), Series D
Developer of visual intelligence software for construction project site monitoring
$199M
72/100
2nd
Logo for LocusView
LocusView
2014, Chicago (United States), Acquired
Navigation-based workforce management solutions for the construction sector
$80M
61/100
3rd
Logo for Sensat
Sensat
2017, London (United Kingdom), Series B
Developer of a platform providing digital twin solutions for infrastructure projects
$38.8M
60/100
4th
Logo for PassiveLogic
PassiveLogic
2016, Salt Lake City (United States), Series C
Provider of physical AI solutions for buildings and other infrastructure
$154M
59/100
5th
Logo for CONXAI
CONXAI
2020, Karlsfeld (Germany), Series A
Provider of AI-powered analytics solutions for construction projects
$8.84M
59/100
6th
Logo for FJ Dynamics
FJ Dynamics
2017, Shenzhen (China), Series B
Provider of robots and automated systems for multiple industries
$99.4M
56/100
7th
Logo for Kwant.ai
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
Logo for Bentley Systems
Bentley Systems
1984, Exton (United States), Public
Provider of cloud-based designing software for the construction industry
-
55/100
9th
Logo for Scanifly
Scanifly
2015, Cambridge (United States), Seed
Provider of a drone platform for solar system installations
$2.27M
50/100
10th
Logo for SiteAware
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

lockFilter this list
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.
•
PassiveLogic Appoints Joel Harvill as Chief Financial OfficerPR Newswire•Apr 22, 2026•PassiveLogic
•
PassiveLogic Announces Breakthrough Platform for GenerativeBusinessFortNight•Nov 02, 2023•PassiveLogic
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