KODE LABS

KODE Labs is a Detroit-based startup founded in October 2017 that specializes in transforming real estate management and experience through its innovative KODE OS platform. This smart building operating system leverages a software-as-a-service (SaaS) model to integrate data from various building management systems, IoT devices, and operational systems into a unified, cloud-based solution. The company's technology has proven to reduce energy usage and carbon emissions by up to 30%, streamlining costs associated with multiple tracking and reporting platforms.

KODE OS collects live data into a single pane of glass, enabling operations to visualize, schedule, and coordinate in real-time, facilitating smart scheduling, predictive analysis, and energy optimizations. The platform normalizes data from different sources, validating and preparing it for over 200 use cases. With its capacity to standardize and organize data at scale across diverse systems and numerous buildings worldwide, KODE Labs positions itself as a trailblazer in AI technology tailored for buildings.

The company serves over 1,600 buildings spanning approximately 200 million square feet of real estate across three continents. Notable clients include Fortune 500 corporations, retailers, financial institutions, global REITs like QuadReal, Bedrock Detroit, Stream Realty, Hines, and Ford. KODE Labs has reported annual recurring revenue growth of over 200% for the past three years. In April 2024, the company secured a USD 30 million Series B funding round led by Maverix Private Equity, with participation from TELUS Ventures and existing investor I Squared Capital.

Key customers and partnerships

Since its inception, KODE Labs has established partnerships with renowned companies such as QuadReal, Bedrock Detroit, Stream Realty, Hines, Ford, and other global corporations and REITs across different verticals, including commercial, mixed-use, high-rise residential, life sciences, and industrial domains. The company has also collaborated with Convergint to offer an unparalleled smart building experience through the KODE Smart Building Cloud platform.