Monaire
Monaire is an AI-powered HVAC and refrigeration management platform serving multi-site commercial operators across QSR, retail, convenience stores, fitness, and non-profit verticals, combining proprietary IoT sensors with autonomous optimization and closed-loop work order automation.
- Company typePrivate
- Founded2022
- HeadquartersWaltham, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Monaire does
Monaire is an AI-powered HVAC and refrigeration management platform purpose-built for multi-site commercial operators in the United States. The company targets portfolio-based customers in quick-service restaurants, convenience retail, fitness, and non-profit verticals, as well as adjacent segments such as healthcare, senior housing, and schools, selling directly via an enterprise field-sales motion with annual or quarterly subscription billing. Its core offering combines proprietary IoT hardware — including an 8-channel LoRaWAN AI Hub gateway, AI Thermostat, Comfort/Duct/Refrigeration sensors, and a BACnet/Modbus BMS Integration Gateway — with a cloud analytics platform that processes HVAC telemetry, weather forecasts, occupancy patterns, and utility bill data to autonomously optimize equipment operation.
Underlying the platform are machine learning models trained on HVAC time-series data that perform four core AI functions: continuous optimization of setpoints and schedules, anomaly and fault detection across compressors, refrigerants, and filters, predictive analytics for equipment remaining-useful-life and capital planning, and closed-loop process automation that generates, dispatches, and verifies repair work orders via ServiceChannel and other CMMS systems. The platform also incorporates computer vision that ingests technician-captured equipment nameplate photos to auto-populate asset records. The product is delivered in three software tiers — Pro (up to 50 sites), Premier (50-250 sites, which adds the MonAI natural-language building assistant and AI capital planning), and Enterprise (250+ sites, which adds dedicated CSM and CMMS integration) — with revenue drawn from SaaS subscriptions, hardware sales, and installation/professional services delivered via Monaire's subcontractor network. SOC 2 Type 2 and ISO 27001 certifications, four disclosed venture investors (Construct Capital, Workshop, Founder Collective, Innospark), and approximately $7.6M of disclosed funding through March 2024 support a company in early commercial scaling.
Monaire firmographics
Firmographics- Name
- Monaire
- Legal name
- Monaire Inc.
- Website
- https://monaire.ai
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Monaire is an AI-powered HVAC and refrigeration management platform serving multi-site commercial operators across QSR, retail, convenience stores, fitness, and non-profit verticals, combining proprietary IoT sensors with autonomous optimization and closed-loop work order automation.
- Ownership category
- akta.pro rank
Monaire industry classification
Industry- Product category
- Building Energy Management Software
- NAICS
- Information (51)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)
- akta.pro primary industry
- Building Automation & Controls (BAS/BMS) (HSAPAPAA)
- akta.pro secondary industries
- Smart HVAC Monitoring, Diagnostics & Predictive Maintenance (HSAOANAC), Microgrid & BTM EMS (Site/Facility Energy Optimization) (EUAFAKAD)
Keywords
Where Monaire is headquartered
LocationHeadquarters
- HQ city
- Waltham
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Monaire business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform Subscription: Annual or quarterly subscription fees for AI-powered HVAC monitoring and optimization platform. Three tiers: Pro (up to 50 sites), Premier (50-250 sites), Enterprise (250+ sites). Service Fees paid upfront annually or quarterly per order form.
- Hardware Sales: Sale of IoT sensors, thermostats, AI Hub, and integration gateways. Sensors install in under 15 minutes. Customer may keep Monaire-provided thermostats upon cancellation or request replacements.
- Professional Services: Installation and deployment services included with platform subscription. Monaire uses Service Providers and subcontractors to deliver services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Pro - For small teams managing up to 50 sites |
| Subscription | Annual | Premier - For teams managing 50-250 sites |
| Subscription | Annual | Enterprise - For large teams managing 250+ sites |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Monaire product offering
Product offeringCore offering
Monaire is an AI-powered HVAC and building management platform for multi-site commercial portfolios. It combines proprietary IoT hardware (sensors, thermostats, gateways) with a cloud software platform that uses machine learning to autonomously optimize HVAC and refrigeration operations, predict equipment failures, automate work orders, and verify energy savings through utility bill integration.
Product overview
Monaire is an AI-powered HVAC and building management platform designed for multi-site commercial portfolios. It consists of three software tiers — Pro (up to 50 sites), Premier (50–250 sites), and Enterprise (250+ sites) — backed by a proprietary IoT hardware portfolio (AI Hub gateway, AI Thermostat, Comfort Sensor, Duct Sensor, Refrigeration Sensor, and BMS Integration Gateway) and a cloud analytics platform. The software tiers build on one another: Pro provides core intelligent building control, energy optimization, and predictive maintenance; Premier adds the MonAI AI Building Assistant, asset health monitoring, and AI capital planning; Enterprise adds CMMS integration, enterprise admin controls, and a dedicated customer success manager. All tiers are backed by the same hardware sensors and the same AI platform that processes HVAC telemetry to deliver real-time automation, verified savings, and closed-loop repair workflows.
Differentiator
Problem solved
Functional benefit
Products and services
- Monaire AI HVAC Platform Cloud-based SaaS platform that uses machine learning to continuously optimize HVAC and refrigeration operations, predict equipment failures, and automate repair work orders across multi-site commercial building portfolios. Targets facilities management teams at retail, QSR, convenience store, fitness, and non-profit operators.
- Monaire AI Hub LoRaWAN US915 wireless gateway that connects all Monaire sensors and controls to the cloud platform, supporting Ethernet, Wi-Fi, and LTE backhaul for deployment across multi-site portfolios.
- Monaire AI Thermostat Energy Star certified smart thermostat with touchscreen control, indoor air quality management, humidification/dehumidification, and AI-based scheduling for commercial HVAC systems.
- Monaire Comfort Sensor Wireless occupancy and environmental sensor that measures temperature and humidity using long-range 900 MHz RF technology for indoor comfort monitoring.
- Monaire Duct Sensor Duct-mounted temperature sensor with -55°C to 125°C measurement range using LoRaWAN Class A connectivity and offline data logging for HVAC airflow monitoring.
- Monaire Refrigeration Sensor IoT sensor for continuous temperature monitoring of refrigeration and freezer units, providing real-time tracking and early fault detection to prevent product spoilage.
- Monaire BMS Integration Gateway Building Management System integration gateway supporting BACnet and Modbus protocols with AI-powered discovery and point mapping, enabling connectivity with legacy HVAC and building automation systems.
Quantifiable outcome
- Reduces HVAC energy costs by 10-30%
- +6 more outcomes
Companies that use Monaire
Customer profileNamed customers6 records
Segments8 records
Ideal customer profiles2 records
Monaire technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability6 records
Feature7 records
Monaire partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ServiceChannelcoreServiceChannel is integrated with Monaire's platform for work order management and repair validation. Monaire's platform seamlessly integrated with ServiceChannel to streamline work orders and repair validation for Edge Fitness customers.
Scale indicators13 records
Recent moves6 records
Expansion highlights5 records
Monaire competitors and assessment
Company assessmentDirect peers
- BrainBox AI: AI-driven HVAC optimization platform for commercial buildings. Direct competitor in autonomous, predictive HVAC energy management with a similar multi-site go-to-market.
- 75F: IoT and cloud-based smart building automation focused on HVAC, lighting, and air quality for multi-site commercial operators — overlapping technology stack and customer profile with Monaire.
- Verdigris Technologies: AI-powered energy monitoring and fault detection for commercial buildings. Directly comparable AI/IoT hardware-plus-software model for facility energy optimization.
- GridPoint: Energy management and smart building technology for multi-site commercial portfolios. Closely comparable sub-metering and HVAC/lighting optimization offering to multi-site operators.
- Aquicore (Hatch): Building analytics and operations platform that pulls HVAC and energy data to surface savings opportunities in commercial real estate portfolios — overlapping analytics-first positioning.
- Switch Automation: Building analytics and automation software for multi-site commercial real estate operators, with overlapping HVAC/fault-detection capabilities and a portfolio dashboard approach.
- Encelium (Legrand): Building lighting and energy management software for commercial facilities, offering portfolio-level HVAC/lighting control — comparable in multi-site energy optimization.
Broad incumbents
- Honeywell Building Technologies: Incumbent BMS/HVAC controls and energy services provider with deep installed base and capital to bundle AI optimization. Competes broadly with Monaire but as part of a much wider building portfolio.
- Johnson Controls: Global leader in building automation systems, HVAC controls, and energy services. Overlaps with Monaire across multi-site HVAC optimization but competes as a broad incumbent with longer customer relationships.
- Schneider Electric (EcoStruxure): Major incumbent in building energy management and automation via EcoStruxure, with comparable multi-site energy and sustainability reporting capabilities — broader portfolio but directly overlapping in HVAC optimization.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Monaire social profiles
Digital presenceMonaire compliance and trust
Trust signalCompliance2 records
Monaire financial estimates
Financial estimateRevenue estimate
Valuation estimate
Monaire leadership team
Management profileNumber of profiles
Profiles5 records
Monaire funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Monaire M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Monaire
What does Monaire do?
Monaire is an AI-powered HVAC and building management platform for multi-site commercial portfolios. It combines proprietary IoT hardware (sensors, thermostats, gateways) with a cloud software platform that uses machine learning to autonomously optimize HVAC and refrigeration operations, predict equipment failures, automate work orders, and verify energy savings through utility bill integration.
Is Monaire a public or private company?
Monaire is a private company. It is classified as venture growth investor backed and is currently operating.
When was Monaire founded?
Monaire was founded in 2022. It employs 11 to 50 people.
Where is Monaire based?
Monaire is headquartered in Waltham, United States, in the North America region.
How does Monaire make money?
Three revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are hardware Sales and professional Services.
Who are Monaire's main competitors?
Direct peers on record are BrainBox AI, 75F, Verdigris Technologies, GridPoint, Aquicore (Hatch), Switch Automation and Encelium (Legrand). Broad incumbents are Honeywell Building Technologies, Johnson Controls and Schneider Electric (EcoStruxure).
Does Monaire have an API?
No public API is recorded for Monaire.
What industry is Monaire in?
Monaire's product category is Building Energy Management Software. Its primary akta.pro industry code is HSAPAPAA, Building Automation & Controls (BAS/BMS), with a secondary code of HSAOANAC, Smart HVAC Monitoring, Diagnostics & Predictive Maintenance. Its NAICS code is 51 and its SIC code is 3585.