A full building management system (or BMS) connects everything from heating, ventilating, and air conditioning (HVAC) and lighting in order to place a single overarching system in charge of building functionality. A BMS based on the cloud and the Internet of Things (IoT) represents the future for all kinds of buildings ranging from residential to large commercial properties.
75F is excited to announce an investment from Siemens Ag. Next47, the global venture capital firm backed by Siemens, led the investment on behalf of Siemens Smart Infrastructure. The latest investment brings our total Series A funding round to $28 million. Next47 joins previous investors who have supported 75F including Bill Gates' Breakthrough Energy, OGCI Climate Investments, and WIND Ventures, among others.
Before installing 75F, Merrick, Inc.’s legacy controls system was outdated and no longer supported. Due to insufficient monitoring and alerts, a heat pump failure that could not be solved for two months forced employees to wear their winter coats in the office.
At 75F, our Disruptors strive to emulate four core values: extreme ownership, innovation, teamwork, and tenacity. In work and in life, these pillars guide the way we think, communicate, and act. Without them, we wouldn't be where we are today. Watch this video to hear 75F Disruptors explain what our core values mean to them.