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§ Private Profile · Bloomington, MN, USA
IoT-powered building management system for commercial buildings, optimizing HVAC, lighting, and air quality for energy efficiency and comfort.
Based in Bloomington, Minnesota, 75F develops IoT-powered, cloud-based building management systems that utilize artificial intelligence and machine learning to automate commercial HVAC, lighting, and indoor air quality. The company provides a combination of hardware sensors and software-as-a-service analytics to commercial real estate operators, retail franchises, and corporate offices. 75F has deployed its technology across thousands of control zones for enterprise customers, including restaurant chains like Taco Bell. The enterprise has raised over $60 million in total venture funding, which includes a $38 million Series B round in 2023 co-led by Siemens Financial Services. Operating with a global workforce of approximately 150 employees, the company is also backed by prominent climate-focused investors such as Breakthrough Energy Ventures and Amazon's Climate Pledge Fund. 75F was founded in 2012 by Deepinder Singh and Pankaj Chawla.
75F has raised $74.8M across 5 funding rounds.
75F has raised $74.8M in total across 5 funding rounds.
75F has raised $74.8M across 5 funding rounds. Most recently, it raised $45.0M Series B in February 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 7, 2025 | $45M Series B | Accurant International | — | Announced |
| Jul 16, 2021 | $5M Series A | — | — | Announced |
| Mar 22, 2021 | $4.8M Series A Plus | WIND Ventures | — | Announced |
| Sep 4, 2019 | $18M Series A | Bill Gates | — | Announced |
| May 1, 2018 | $2M Seed | — | Construct Capital, ForgePoint Capital, Inspired Capital, Revolution, Sean Glass | Announced |
75F has raised $74.8M in total across 5 funding rounds.
75F's investors include Accurant International, WIND Ventures, Bill Gates, Construct Capital, Forgepoint Capital, Inspired Capital, Revolution, Sean Glass.
75F is a Minneapolis-based technology company specializing in IoT and AI-driven building automation systems for commercial properties. It develops smart sensors, controls, and software like HyperStat and Saffron AI to optimize HVAC performance, delivering up to 31% energy savings while improving indoor air quality and occupant comfort[1][2][5]. Serving sectors including offices, retail, education, multi-family residences, hospitality, warehouses, and manufacturing, 75F targets customers like Mercedes Benz, WeWork, Flipkart, and Cushman & Wakefield, with over 1,800 installations across nine countries[1][2][4]. Recent momentum includes a $45M Series B extension in early 2025, bringing total funding to $69M, fueling AI platform expansion and multi-site portfolio growth[2][3][4].
Founded in 2012 in Bloomington, Minnesota, by Deepinder Singh (CEO), 75F emerged to address inefficiencies in traditional building management, where high costs and complexity left most commercial spaces underserved[1][2][4]. Singh's vision leveraged IoT, cloud computing, and machine learning to make advanced automation affordable and deployable at scale, starting with smart thermostats like HyperStat[1][5]. Early traction built through pilots proving energy savings, evolving into a full platform with Saffron AI's beta launch in 2023, and accelerating via partnerships and a $45M funding round in February 2025 that validates its global scalability[2][3][5].
75F rides the smart buildings and decarbonization wave, capitalizing on rising demands for energy efficiency amid climate regulations, grid strain, and post-pandemic IAQ focus. Its timing aligns with AI proliferation in proptech, making automation accessible as commercial real estate faces 30-50% HVAC waste; market forces like utility incentives and multi-site operators (e.g., retail chains, schools) favor its low-cost model over incumbents like GridPoint or Enerbrain[1][2][5]. By influencing ecosystems through 1,800+ installs and NREL-validated savings, 75F accelerates adoption of IoT/AI in non-premium buildings, contributing to net-zero goals and broader proptech innovation[3][5].
With $69M funded and Saffron AI maturing, 75F is primed to dominate mid-market HVAC automation, targeting explosive growth in warehouses, municipalities, and emerging markets via AI-enhanced demand response. Trends like AI agents for facilities, stricter ESG mandates, and renewable integration will propel it, potentially evolving into a full-stack proptech platform influencing grid-scale efficiency. As buildings consume 40% of global energy, 75F's accessible tech positions it to redefine commercial sustainability at scale—transforming "dumb" structures into intelligent assets.