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
Cap table — not yet on record
PassiveLogic's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The complete investor list: 21 names
·Watch PassiveLogic: the Monday email on marks, rounds and moves