CIM

Overview
News
Smart Building Technology?
Product stageSegments
Early
?
Building automation and analytics
?

CIM is a provider of building analytics and property operations software solutions aimed at maximizing the operational efficiency and sustainability of large buildings. The company's flagship PEAK Platform is a software-as-a-service (SaaS) offering that integrates building intelligence, machine learning, and mechanical engineering to provide data-driven insights. This enables building owners and operators to rapidly reduce energy consumption, optimize equipment performance, enhance tenant comfort, and meet environmental, social, and governance (ESG) goals.

CIM's solutions leverage advanced analytics and machine learning models to continuously monitor building systems, instantly detecting faults and diagnosing performance anomalies. This data-driven approach eliminates the need for scheduled maintenance checks, allowing teams to adopt a predictive maintenance strategy and address issues proactively. By unlocking the performance data stored within buildings, CIM empowers customers to make informed decisions that drive energy efficiency, asset profitability, and long-term value creation.

In November 2022, CIM announced the closing of its AUUSD 10 million Series A funding round, led by Five V Capital and Carthona Capital. The company plans to utilize the funds to fuel international expansion into Asia and North America, as well as double its workforce within the following 12 months.

Key customers and partnerships

CIM's PEAK Platform has been deployed across various sectors, with clients including leading property groups and educational institutions. In June 2022, the company partnered with Brisbane Airport to implement its analytics software at the airport's domestic terminal, enabling continuous monitoring of heating, ventilation, and air conditioning (HVAC) systems to improve operational efficiency and meet sustainability targets.

In October 2023, the University of Technology Sydney (UTS) adopted CIM's PEAK Platform to enhance energy efficiency, reduce equipment downtime, and transition toward a data-driven maintenance approach across two campus buildings. The partnership aligns with UTS's vision of sustainability and commitment to achieving net-zero emissions.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
100 Market Street Level 5 West Sydney AUS
Founded year:
2014
Employees:
51-100
IPO status:
Private
Total funding:
USD 10.9 mn
Last Funding:
USD 6.7 mn (Series A; Sep 2022)
Last valuation:
-
Key competitors
 
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