PassiveLogic

Salt Lake City, UT · Founded 2016 · Privately Held (backing)

Developer of a fully autonomous building platform intended to replace legacy control systems with real-time intelligent decisions. PassiveLogic is based in Salt Lake City, UT and was founded in 2016. It was valued at $454 million at its later-stage round in Sep 2025, the last priced event on record. It has raised $124 million across 1 recorded round; the latest was a $14 million early-stage round in Jun 2020.

PMV mark · valuation
$454.0M
Oct 2026
Priced at
its later-stage round
Sep 2025
Total raised
$124.1M
Last round
Early Stage VC
Jun 2020

PassiveLogic key facts

as of Oct 2026
  • Developer of a fully autonomous building platform intended to replace legacy control systems with real-time intelligent decisions.
  • PassiveLogic is valued at approximately $454.0M as of Oct 2026, set at its later-stage round, Sep 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $124.1M across 1 recorded rounds; the latest was Early Stage VC ($14.0M) in Jun 2020.
  • Notable investors include Plug and Play Tech Center, U.S. Department of Energy, E8 (Seattle), NVentures (Santa Clara), Addition — 21 tracked in total.
  • PassiveLogic has filed 1 Form D with the SEC, most recently Jul 2020 ($14.0M sold to 22 investors).
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$454.0M

Valued at $454.0M at its later-stage round, Sep 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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PassiveLogic funding rounds

1 rounds
Jun 2020Early Stage VC$14.0MSEC filing▮

PassiveLogic valuation

PassiveLogic was valued at $454 million at its later-stage round in Sep 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has PassiveLogic raised?

PassiveLogic has raised $124 million in total; 1 of its rounds is on record. The largest on record was a $14 million early-stage round in Jun 2020.

PassiveLogic has filed 1 Form D with the SEC, most recently in Jul 2020 ($14 million sold to 22 investors).

PassiveLogic investors

21 investors are on record for PassiveLogic, including Plug and Play Tech Center, U.S. Department of Energy, E8 (Seattle) and NVentures (Santa Clara). By type, the record holds 4 venture capital firms and 2 hedge funds. The early-stage round in Jun 2020 drew 22 investors.

About PassiveLogic

Developer of a fully autonomous building platform intended to replace legacy control systems with real-time intelligent decisions. The company offers edge-based control, adaptive automation, and real-time system management, enabling building operators and owners, to improve efficiency and reduce carbon footprint.

Sector
Information Technology
HQ
Salt Lake City, UT, United States
Founded
2016
Employees
149
Ownership
Privately Held (backing)

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