Name

Network Thermostat

Legal name

J. Drew, Inc.

Website

https://networkthermostat.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Commercial HVAC Controls

NAICS

Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)

SIC

Auto Controls For Regulating Residential & Comml Environments (3822)

akta.pro primary industry

HVAC Controls & Optimization (Smart Thermostats, VAV, Chillers/Boilers Controls) (BPABAGAB)

akta.pro secondary industry

Smart Thermostat & HVAC Automation Integration (HSAHADAC)

Keywords

• Network thermostats
• Commercial HVAC controls
• Building automation systems
• Remote HVAC sensors
• Smart thermostat platform

Headquarters

HQ city

Grapevine

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. HVAC Thermostat Hardware: Commercial-grade network thermostats including X-Series (X7-WIFI, X7-IP, X7C-WIFI, X7C-IP) and J-Series (J5-IP, J5-WIFI) with pricing varying by connectivity and feature configuration. Hardware includes both Wi-Fi and Ethernet connectivity options with CO2 monitoring variants.
2. Remote Sensors and Accessories: NT-URS Universal Remote Sensor, NT-DRS, NT-OSC ceiling mount, NT-MOD-CO2, NT-MOD-VOC, NT-MOD-IAQ modules, temperature probes (NT-PROBE-SS8, NT-OUTDOOR, NT-PIPE-SO), water leak sensors (NT-WL-H), and wiring accessories.
3. NetX Cloud Software Services: NetX-Cloud and CloudManager platforms for cloud-based HVAC management. CloudConnect offers 30-day free trial for new accounts. Optional cloud access allows remote management while supporting behind-firewall operation.
4. Legacy Software and PCConnect: PCConnect software for local network management, NetX Command Center for XBus and StrongMesh thermostats, NetX-Web Cloud Suite for legacy systems.
5. OEM and Private Label: Custom manufacturing and white-label arrangements for OEMs seeking to integrate Network Thermostat technology into their product offerings.
6. Professional Services: Technical support, application assistance, and sales consultation. The company emphasizes live support availability for application, sales, and tech support questions.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Network Thermostat designs, manufactures, and sells commercial-grade network thermostats (X-Series and J-Series) and supporting remote sensors and accessories under the NetX platform for commercial, institutional, and multi-family HVAC control. The platform integrates BACnet/IP, Modbus TCP/IP, SNMP, and a NetX API, supports optional cloud remote access (NetX-Cloud, CloudManager) or behind-firewall local operation, and is Build America Buy America (BABA) compliant. Revenue is generated from thermostat and sensor hardware unit sales, recurring cloud software subscriptions, OEM/private-label licensing, and technical support services.

Product overview

Network Thermostat (NetX) offers a comprehensive network thermostat platform designed for commercial, institutional, and multi-family HVAC control. The product portfolio includes two main thermostat series (X-Series for advanced commercial applications and J-Series for essential control needs), each available in Wi-Fi and Ethernet connectivity variants with optional CO2 monitoring (X7C models). The X-Series supports up to 14 remote sensors per unit, integrated BACnet/IP and Modbus TCP/IP protocols, humidity sensing and control, and onboard data logging. Supporting the thermostat platform are remote sensors (temperature, humidity, occupancy, water leak, outdoor, pipe, and flush-mount probes), wireless accessories (WCM-2 StrongMesh coordinator), wiring accessories, and cloud/software management tools (NetX-Cloud, CloudManager). The platform bridges the gap between basic thermostats and full Building Automation Systems (BAS), offering deployment flexibility with local control, cloud access, or both.

Differentiator

Problem solved

Functional benefit

Products and services

• X-Series Thermostats Commercial-grade digital control thermostat family with Wi-Fi and Ethernet variants (X7-WIFI, X7-IP, X7C-WIFI, X7C-IP, X7-M, X7C-M) for broader integration, sensing, and networked HVAC strategies across commercial environments. Includes humidity sensing and control, integrated CO2 monitoring with Demand Control Ventilation (DCV) on X7C models, BACnet/IP and Modbus TCP/IP, advanced remote sensor bus supporting up to 14 sensors, and onboard data logging.
• J-Series Thermostats Thermostat family tailored for analog and limited-connectivity applications, providing essential HVAC control without overbuilding the solution. Available in Ethernet (J5-IP, J5F-IP) and Wi-Fi (J5-WIFI, J5F-WIFI) variants, with J5F versions offering additional features. Suited for customers standardizing control across portfolios.
• NT-URS Universal Remote Sensor Sensor electronics hub for X-Series thermostats supporting multiple probe types including temperature, outdoor, pipe, water leak, and flush mount sensors.
• NT-DRS Remote Occupancy Sensor Remote occupancy sensor for detecting presence in spaces controlled by NetX thermostats.
• NT-OSC Ceiling Mount Occupancy Sensor Ceiling mount occupancy sensor for detecting presence in commercial spaces served by NetX thermostats.
• NT-MOD-CO2 Plug-in CO2 Module Plug-in CO2 module for X-Series thermostats providing indoor air quality monitoring and Demand Control Ventilation support.
• NT-MOD-VOC Plug-in VOC Module Plug-in VOC module for indoor air quality monitoring on X-Series thermostats.
• NT-MOD-IAQ Combined CO2+VOC Module Plug-in combined CO2 and VOC module for comprehensive indoor air quality monitoring on X-Series thermostats.
• WCM-2 StrongMesh Wireless Coordinator StrongMesh wireless coordinator module enabling self-healing wireless mesh connectivity for up to 32 NetX StrongMesh thermostats per unit, with up to 1,000 feet indoor range and 3,000 feet line-of-sight range. Up to 4 WCM-2 units can connect to a single Network Controller for virtually unlimited system sizes.
• NetX-Cloud Cloud-based remote management platform providing internet-based cloud service access (CloudConnect) for NetX thermostats, with a 30-day free trial for new accounts. Supports behind-firewall operation as an optional deployment model.
• CloudManager Cloud-based management software for managing smart thermostats across multi-family and commercial properties, supporting portfolio-wide visibility and tenant HVAC management.
• NT-485 Modbus Translator Modbus RTU interface module enabling optional Modbus RTU connectivity for X-Series thermostats.
• NT-RELAY Ethernet Dual Relay Module Ethernet dual relay module with dual optically isolated inputs, featuring scheduling, status monitoring via browser, and Modbus/IP control.
• OEM & Private Label Program Custom manufacturing and white-label arrangements for equipment manufacturers seeking to integrate Network Thermostat's NetX technology into their own product offerings, with BABA compliance for government projects.

Quantifiable outcome

• Bridging the automation gap for 60% of facilities between basic thermostats and full BAS
• +2 more outcomes

Segments13 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature11 records

Partnerships

Five partnerships are on record, tiered core.

• Elan by InnovocoreTechnology or IntegrationIntegration partnership for Elan smart home and building control systems. NetX thermostats can be integrated into Elan environments for unified building management.
• AMXcoreTechnology or IntegrationIntegration partnership for AMX building automation and control systems. NetX thermostats support integration via BACnet/IP and Modbus TCP/IP protocols.
• Network Lighting Control SystemscoreTechnology or IntegrationIntegration with network lighting controls allows NetX to receive occupancy data from lighting systems, enabling automated HVAC response without requiring a full BAS implementation.
• BACnetcoreTechnology or IntegrationBACnet/IP protocol support embedded in all X5 and X7 models for integration with existing Building Automation Systems.
• ModbuscoreTechnology or IntegrationModbus TCP/IP protocol support embedded in all X5 and X7 models for integration with industrial and building automation systems.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Honeywell Building Technologies: Honeywell's building technologies division offers a broad portfolio of commercial thermostats, building automation controllers and cloud platforms (Forge, Niagara). It is the most direct large-scale incumbent competing for the same schools, government and commercial HVAC control projects that NetX targets, with vastly greater scale and channel depth.
• Carrier (Automated Logic): Carrier's Automated Logic and WebCTRL platforms serve the commercial BAS market with networked thermostats, BACnet integration and cloud management. Carrier competes directly with NetX in the mid-market 'automation gap' and has the scale to bundle HVAC equipment with controls.
• Johnson Controls: Johnson Controls offers the Metasys and Facility Explorer building automation platforms, including commercial networked thermostats and sensors. It is a primary competitor for large government, education and MDU portfolios where NetX also competes.
• Schneider Electric (EcoStruxure): Schneider Electric's EcoStruxure Building platform offers networked thermostats, BACnet/Modbus integration and cloud-based management targeting commercial and institutional buildings. It directly overlaps with NetX's integration story and competes for the same 'mid-tier automation' customers.
• Trane Technologies: Trane offers the Tracer building automation system and a range of commercial communicating thermostats. As a major HVAC OEM, Trane competes with NetX in schools, government and commercial segments, often bundling controls with HVAC equipment sales.

Direct peers

• KMC Controls: KMC Controls is a closely comparable mid-sized manufacturer of BACnet-based commercial HVAC controllers, sensors and cloud platforms. It targets the same 'automation gap' between residential thermostats and full enterprise BAS, and competes most directly with NetX on protocol support and decentralized architecture.

Emerging players

• Ecobee (Generac): Ecobee, owned by Generac, started in residential smart thermostats and is expanding into commercial and MDU applications with multi-zone control and occupancy features. It is a meaningful emerging competitor for the schools and MDU verticals where NetX has been strong.
• SmartRent: SmartRent provides smart thermostats, access control and property management software specifically for multi-dwelling units and rental housing. It overlaps directly with NetX's MDU and CloudManager offerings for property managers seeking portfolio-wide thermostat visibility.
• Alarm.com (for Commercial): Alarm.com's commercial platform integrates smart thermostats with security, access and video for SMB and multi-site commercial customers. It overlaps with NetX's commercial property management and small business verticals and competes on integrated cloud management.

Others

• Bryant/International Comfort Products: Bryant and its parent ICP build residential and light commercial HVAC equipment including communicating thermostats. As an OEM/equipment partner, they are a potential private-label/OEM counterpart to Network Thermostat and a comparable mid-market controls supplier.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/NetXthermostat
• LinkedInlinkedin.com/company/networkthermostat
• Facebookfacebook.com/networkthermostat

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Network Thermostat