February 12, 2025: 75F, which claims to have built world’s most advanced IoT-Based Building Management System has announced a $45 million investment plans to grow its operations and fast-track its AI-driven platform, Saffron AI, which was launched in the year 2023.
The startup has chalked out aggressive plans to upgrade its solutions for multi-site portfolios, including offices, retail chains, school districts, municipalities, warehouses, and manufacturing facilities.
Bahman Hoveida, Founder of Accurant International, said “75F’s technology addresses a critical gap in the market. By making building automation accessible to properties of all sizes, we’re accelerating the path to grid-connected buildings and bringing widespread energy efficiency in the commercial sector.
“Our partnership with 75F reflects our belief in their innovation and expertise,” said Mead Rusert, Vice President of Carrier Building Technologies. Rusert added, “Their work in next-generation technologies, including AI, aligns with our strategic vision. Together, we aim to enhance building automation, benefiting our customers and reinforcing our industry leadership.”
75F records 1800 installations across nine countries
Founded in 2012 by Deepinder Singh and Pankaj Chawla, 75F develops and manufactures IoT-based building management systems. With over 1,800 installations across nine countries, the company provides smart sensors and controls, leveraging IoT, cloud computing, and machine learning for data-driven building intelligence.
Deepinder Singh, Founder and CEO of 75F said, “This investment validates our mission to make smart buildings easy. We’re proving that sophisticated energy management can be both powerful and user-friendly, opening doors for businesses of all sizes to capture immediate comfort and energy savings.”
The series B funding deal which was announced on Tuesday was led by Accurant International’s Net Zero Alliance, with participation from Carrier Global Corporation, Climate Investment, Breakthrough Energy Ventures, Next47, and WIND Ventures.
