Bangalore – July 22, 2024: nhance.ai, a leading Smart Buildings solution provider, today announced that it has raised $1.5 million in seed funding from HNIs. This funding will accelerate the company’s growth and further develop its innovative platform that enables Smart Buildings for its expanding customer base.
Innovating the Built Environment Landscape
nhance’s mission is to Shape the Future of The Built Environment. The nhanceTwin platform provides businesses with complete visibility on building performance and actionable insights leveraging Machine Learning and Artificial Intelligence.
“We are thrilled to have the support of our esteemed investors who share our vision for transforming the smart building landscape,” said Deepak Nagraj, Founder and CEO of nhance.ai. “This funding will allow us to scale our operations, enhance our product offerings, and continue to deliver exceptional value to our customers.”
Strategic Growth and Future Plans
With this new infusion of capital, nhance plans to:
- Expand its team by hiring top talent in software development and analytics.
- Accelerate product development to introduce new value-enabling features and integrations for customers.
- Increase marketing efforts to raise brand awareness and attract new customers.
- Explore strategic partnerships to expand its ecosystem and provide additional value to customers.
“Our goal is to empower businesses with the tools they need to succeed in today’s fast-paced digital environment,” added Krishna Prasad, Co-Founder and Chief Product Officer. “We are committed to delivering a platform that not only meets but exceeds the expectations of our customers.”
Investor Confidence
Ketan Dalal, Managing Partner at Katalyst Advisors expressed confidence in nhance’s vision and potential. “We are excited to associate with nhance as they continue to innovate and enable the smart building space. Their unique approach and dedicated team position them for significant growth and success.”
