How many total Smart Buildings companies are there?

As of Jul 2026, there are 2,894 active companies in Smart Buildings sector.

Which countries have the most Smart Buildings companies?

United States (966) has the highest number of Smart Buildings companies, followed by United Kingdom (339) and India (293).

How many Smart Buildings companies are funded?

As of Jul 2026, 1,225 companies in this sector have received funding.

Which company has raised the most funding in Smart Buildings sector?

As of Jul 2026, SPAN has secured $419M in funding, making it the highest-funded company in the Smart Buildings sector.

Which country has attracted the most investment in Smart Buildings companies?

With $5.86B in total funding, United States has attracted the most investment among Smart Buildings companies.

Who are the top investors in Smart Buildings companies?

The top investors in Smart Buildings companies by number of investments are Europa, EIC Fund and OSTI

How much venture capital has Smart Buildings sector attracted?

In the last 10 years, venture capital firms have invested $3.59B in this sector.

How many unicorns has Smart Buildings sector produced?

Globally, there are 3 unicorns in Smart Buildings sector, to date.

Smart Buildings - 2026 Market & Investments Trends

There are 3.74K companies in the Smart Buildings sector across the world, with 1.22K funded companies having collectively raised $15.4B in venture capital money and private equity. Overall 549 of these are Series A+ funded and the sector has seen the creation of 3 Unicorns.

Smart Buildings sector has seen 294 acquisitions and 43 IPOs. This represents almost 9.0% of all such companies - which is higher than the 4.7% exit rate of tech companies in general.

This sector includes companies providing solutions for automating buildings.

Companies included in Smart Buildings sector

Companies providing building automation systems such as IoT, smart sensors for automating lighting, and HVAC systems to reduce energy consumption

Companies excluded in Smart Buildings sector

Companies providing automation solutions having applications other than buildings

Key Metrics

Total Companies

3.74K

Top Companies

Vivint, ecobee & more

Total Funding

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

294

View complete details of this sector

The market map of Smart Buildings gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution.

Recent BlueBox/Industry Definition image of Smart Buildings

Here are some reports related to Smart Buildings sector:

Free

Smart Buildings - Sector Report

Edition: August, 2025 (93 Pages)

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Smart Buildings Investor Landscape

Edition: February, 2025 (12 Pages)

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There are more than 3.74K companies in Smart Buildings. Vivint is the top Smart Buildings company globally, ranked using Tracxn Score (what's this?).

Here are 5 of the top Smart Buildings companies globally:

Company	Description	Location	Founded	Current Stage	Private Funding Raised
Vivint	Manufacturer of cloud-based smart security cameras for home applications	Provo (United States)	1999	Acquired	$172M
ecobee	Manufacturer of smart thermostats, sensors, cameras, and security system bundles	Toronto (Canada)	2007	Acquired	$155M
Alarm.com	Provider of a cloud-based video intercom and physical security systems	Tysons (United States)	2000	Public	$137M
Landis+Gyr	Manufacturer of electric meters and grid edge data management software	Cham (Switzerland)	1896	Acquired	$1.03B
Sense	Smart energy platform providing real-time electricity usage insights for homes and utilities	Cambridge (United States)	2013	Series D	$177M

Get a longer list of companies

Companies founded year-on-year in the Smart Buildings sector

264 Smart Buildings startups were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.

Total Number of Companies

Year	No. of companies
2026	-
2025	-
2024	2
2023	15
2022	26
2021	43
2020	119
2019	256
2018	264
2017	261

Companies founded across countries in the Smart Buildings sector

United States has 966 Smart Buildings startups, the most by any country, followed by United Kingdom which has 339 startups and India which has 293.

Total Number of Companies

Country	No. of companies
United States	966
United Kingdom	339
India	293
China	275
Germany	191
Canada	144
Australia	126
Italy	112
France	105
Netherlands	90

Stage-wise distribution of the Smart Buildings sector

Out of the total 3,737 Smart Buildings companies, 1,225 have secured funding. Among them, 549 have reached Series A or higher, and 422 to Series B or beyond.

Founded - 3,737

Funded - 1,225

Series A+ - 549

Series B+ - 422

Series C+ - 369

Company Stage	No. of companies
Founded	3,737
Funded	1,225
Series A+	549
Series B+	422
Series C+	369

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3.7K+ Total Companies
$15.4B+ Total Funding
1.2K+ Funded Companies
40+ IPOs
290+ Acquisitions

Total funding year-on-year in the Smart Buildings sector

The Smart Buildings sector saw a total funding of more than $9.1B in the last 10 years. The most amount of funding was in 2021 at more than $1.8B. There has been a total funding of $863M in 2026 till date.

Total Funding

Year	Total Funding
2026	$863M
2025	$688M
2024	$1.26B
2023	$508M
2022	$1.32B
2021	$1.8B
2020	$739M
2019	$742M
2018	$758M
2017	$433M

Total funding across countries in the Smart Buildings sector

In the last 10 years, Smart Buildings startups in United States have recieved the highest funding among all countries - $5.86B. Canada follows with $1.37B and Sweden with $235M.

Total Funding

Country	Total Funding
United States	$5.86B
Canada	$1.37B
Sweden	$235M
Netherlands	$205M
India	$144M
United Kingdom	$138M
Germany	$116M
China	$97.2M
France	$44.9M
Spain	$20.6M

Total funding amount raised by stage in the Smart Buildings sector

Over the last 10 years, the Smart Buildings sector have seen $338M into Seed Stage funding rounds, $2.74B into Early Stage funding rounds and $1.83B go into Late Stage funding rounds.

Funding Stage	Total Funding
Early Stage	$2.74B
Debt	$2.2B
Late Stage	$1.83B
Post IPO	$1.04B
PE	$574M
Seed Stage	$338M
Grant	$96.9M
ICO	$29.1M

Recent Funding Rounds in Smart Buildings

In the year 2026, till June 2026, Smart Buildings companies have raised $206M in equity funding across 11 rounds. In the same period last year (i.e. till June 2025), Smart Buildings companies had raised $347M across 26 rounds. So, 2026 has seen a 40.74% drop in funding in Smart Buildings companies as compared to 2025.

Here are some recent, important funding rounds in Smart Buildings:

Company	Round Raised	Amount Raised	Funding Date	Investors
EnergIoT	Series A	8233	Jun 08, 2026	INCLIMO and 5 more
Butlr	Series B	9307	Apr 27, 2026	Ricoh
Best.Energy	Series A	7068	Apr 16, 2026	Future Business Partnership and 2 more
Flair Systems	Series B	2456	Mar 31, 2026	RectorSeal and 4 more
Verdigris	Series B	1809	Mar 05, 2026	Southwire

See a more detailed list of funding rounds

Europa is the top investor in Smart Buildings companies based on number of companies invested.

Here are some top investors in Smart Buildings:

Investor	Location	Top Portfolio Companies
Europa	Belgium	Landis+Gyr, BrainBox AI, Sympower and Osram
EIC Fund	Brussels (Belgium)	Sympower, Minut, SteamaCo and Verv
OSTI	Oak Ridge (United States)	SPAN, Osram, EnergyHub and Gradient
EIT InnoEnergy	Eindhoven (Netherlands)	EnergIoT, Verv, Flexidao and Energiency
Free Electrons	San Francisco (United States)	75F, gridX, Energyworx and BluWave-ai

See a more detailed list of investors

In the year 2026, till June 2026, 9 acquisitions happened in Smart Buildings sector. Last year, in 2025, a total of 17 acquisitions happened in Smart Buildings sector.

Here are some recent, important acquisitions in Smart Buildings:

Company	Acquisition Type	Acquisition Date	Acquirers
Greenwave Systems	Business Acquisition	Jun 09, 2026	AXON Networks
Nanoleaf	Business Acquisition	Jun 03, 2026	OneRobotics
MaintainX	Business Acquisition	May 28, 2026	Autodesk
MeteoViva	Business Acquisition	May 05, 2026	Bregal Milestone
Uplight	Business Acquisition	Mar 24, 2026	Octopus Energy Group

See a more detailed list of acquisitions

Acquisition trends in Smart Buildings

Here are the acquisition trends in Smart Buildings:

Total Number of Acquisitions

Year	No. of companies
2026	9
2025	17
2024	15
2023	26
2022	40
2021	32
2020	13
2019	32
2018	14
2017	24

In the year 2023, till July 2023, 1 IPO happened in Smart Buildings sector.

Here are some recent, important IPOs in Smart Buildings:

Company	IPO Date	Exchange Symbol
Longhorn Technology Group	Jul 04, 2023	Shenzhen Stock Exchange (SZSE)
Sumasapo	Dec 29, 2022	Tokyo Stock Exchange (TSE)
Mingyang Intelligence	Jul 08, 2022	London Stock Exchange (LSE)
Iveda	Apr 01, 2022	National Association of Securities Dealers Automated Quotations (NASDAQ)
Broad Enterprise	Dec 16, 2021	Tokyo Stock Exchange (TSE)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Smart Buildings sector

Most number of Smart Buildings startups have been founded by alumni from Massachusetts Institute of Technology, Harvard Business School and Harvard University.

College	No. of companies
Massachusetts Institute of Technology	22
Harvard Business School	18
Harvard University	18
Stanford University	18
University of Pennsylvania	16
IIT Bombay	14
University of Cambridge	12
Carnegie Mellon University	11
University of Toronto	11
Cornell University	10

Total funding in companies founded by alumni from top colleges in the the Smart Buildings sector

In the last 10 years, Stanford University graduates' Smart Buildings companies have raised the most funding among top colleges. University of Pennsylvania alumni are second, and Carnegie Mellon University alumni are third.

College	Total Funding
Stanford University	$706M
University of Pennsylvania	$704M
Carnegie Mellon University	$299M
Massachusetts Institute of Technology	$227M
Harvard University	$212M
Columbia University	$204M
IIT Delhi	$193M
University of Waterloo	$163M
Queen's University	$162M
University of Cambridge	$151M