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Energy Tech Series B Founded 2008

PointGrab

PointGrab is a provider of AI-driven occupancy sensing and workplace behavior data systems for intelligent buildings. The companys CogniPoint sensor family includes the CP-1 for permanent installations with proven seven-year continuous operation, and the CP-2 Flex for wireless deployment in existing buildings with zero cabling. Multiple sensor technologies are embedded in one unit, combining object detection, motion…

📍 Hod Hasharon, Israel · Energy Efficiency Tech,

Funding snapshot

Last roundSeries B
Amount$5M
Date20 May 2021
Total raised$17M
Team size19

About

PointGrab is a provider of AI-driven occupancy sensing and workplace behavior data systems for intelligent buildings. The companys CogniPoint sensor family includes the CP-1 for permanent installations with proven seven-year continuous operation, and the CP-2 Flex for wireless deployment in existing buildings with zero cabling. Multiple sensor technologies are embedded in one unit, combining object detection, motion detection, and people counting with 95 percent accuracy. The system employs fog computing with edge-AI algorithms processing data locally, and integrates with thermostats, consumer electronics, and workplace management platforms including Planon, Metrikus, Johnson Controls, and ICONICS via standard APIs. PointGrab serves corporate offices, financial institutions, healthcare facilities, and mixed-use buildings with use cases including optimal space utilization, green operations for ESG compliance, and enhanced employee experience. The system never collects or shares personal information, maintaining GDPR compliance, EU Cyber Resilience Act readiness, and annual third-party penetration testing. Customers include Morgan Stanley, KPMG, Wipro, Arup, Deloitte, and SMBC. Founded in 2008 and headquartered in Hod Hasharon, Israel, PointGrab has raised approximately 16.8 million at the Series B stage with investors including NetScientific, EMV Capital, Philips, ABB, Signify, Mitsubishi UFJ Capital, EcoMachines Ventures, and Flex.

Business model

Energy Efficiency Tech > Energy Management System > Building Automation Systems > BEMS,

Facility Management Tech > Asset and Space Management > Space Management > People Counting,

Property Management Tech > Building Energy Management

Institutional investors

NetScientific EMV Capital Philips Mitsubishi UFJ Capital EcoMachines Ventures Flex Signify MIW VENTURES

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