Loading organizations...
§ Private Profile · Chicago, IL, USA
Smart building technology platform integrating systems & data for commercial real estate & enterprise organizations, for building optimization.
Based in Chicago, Illinois, Cohesion is a smart building technology platform that integrates disparate building systems and data to provide commercial real estate and enterprise organizations with comprehensive optimization tools. The software consolidates access control, maintenance, energy management, and tenant experiences into a single interface to help commercial property owners make their buildings more responsive and data-driven. The platform specifically addresses modern operational challenges related to hybrid work environments, building health, environmental sustainability, and commercial real estate workforce automation. The company operates across nine cities globally and serves more than 20 enterprise customers with a workforce of over 100 employees. Cohesion holds two issued patents and two pending patents for its integration technology, which was initially developed as a spin-off from the mechanical engineering firm ESD. The company was founded in 2018 by Thru Shivakumar and Raj Gupta.
Cohesion has raised $20.0M across 2 funding rounds.
Cohesion has raised $20.0M in total across 2 funding rounds.
Cohesion has raised $20.0M across 2 funding rounds. Most recently, it raised $15.0M Series A in November 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2021 | $15M Series A | Steven Koch, Alice Vilma | Kenneth Griffin, Michael Sacks, RAJ Gupta, Frasers Property Group, NEW York Ventures, Three Bridges Ventures, Wintrust Ventures | Announced |
| Jul 1, 2020 | $5M Seed | Steven Koch | Kenneth Griffin, Michael Sacks, RAJ Gupta, CMT Digital, Panote Sirivadhanabhakdi | Announced |
Cohesion has raised $20.0M in total across 2 funding rounds.
Cohesion's investors include steven koch, Alice Vilma, Kenneth Griffin, Michael Sacks, Raj Gupta, Frasers Property Group, Three Bridges Ventures, Wintrust Ventures, CMT Digital, Panote Sirivadhanabhakdi.
Cohesion is a smart building technology company founded in 2018 that integrates building systems, people, and spaces through AI-driven software platforms and advisory services.[1][2][6] It serves commercial real estate owners, enterprise organizations, and facility managers—such as CoStar, JLL, CBRE, and Morgan Stanley—by solving fragmented building operations with tools for security access control, occupant engagement, smart maintenance, energy management, and space utilization analytics.[2][5] Key products like the Savvy platform automate workflows, OccupancyAI provides predictive insights, and tenant apps enable mobile keycards, desk reservations, and ESG reporting, driving operational efficiency, hybrid work support, and sustainability in properties.[1][2]
With headquarters in Chicago and around 31 employees, Cohesion reports $3.3M in revenue and holds a Smart System Verified Platinum rating from UL Solutions, positioning it as a leader in proptech for data-driven, resilient buildings.[1][3]
Cohesion emerged in 2018 as a spin-off from a mechanical engineering firm following a pivotal breakfast meeting between CEO Thru Shivakumar and Raj Gupta, Executive Chairman of ESD.[6] This discussion highlighted the need for technology bridging tenant apps and legacy building systems, inspiring a platform for flexible, responsive buildings.[6] The founding team, including Shivakumar (CEO/Chief Sales Officer), Andy Wibbels (Director of Marketing), Khoi Do (VP Client Relations), and Chad Flores (VP Product)—with Raj Gupta and Steven Koch on the board—brought expertise in sales, marketing, real estate, and product development.[5][6]
Early traction came from addressing shifting CRE priorities like hybrid work and sustainability, evolving into a comprehensive smart building suite that has made Cohesion the go-to for enterprise optimization.[1][6]
Cohesion rides the proptech wave fueled by AI, IoT, and post-pandemic demands for hybrid workspaces, sustainability, and operational resilience in commercial real estate.[1][2][6] Timing aligns with market forces like rising ESG pressures, workforce automation, and data analytics needs, where fragmented legacy systems hinder efficiency—Cohesion's unified platform optimizes costs, boosts tenant satisfaction, and unlocks building value.[5][6] It influences the ecosystem by partnering with giants like JLL and CBRE, setting standards for intelligent buildings, and advancing green tech through energy insights, helping CRE adapt to climate and remote work trends.[2][5]
Cohesion is poised for expansion by deepening AI innovations like Savvy and OccupancyAI amid accelerating proptech adoption and sustainability mandates.[2] Trends in edge computing, predictive maintenance, and carbon tracking will shape its trajectory, potentially scaling revenue through global enterprise deals and further integrations.[1][6] Its influence may evolve from niche integrator to ecosystem leader, empowering smarter, greener buildings that tie back to its founding vision of responsive, data-driven spaces.[6]