Elevant

What Elevant does

Elevant (formerly ConnectIT Service, rebranded May 2020) is a U.S.-based building efficiency systems integrator founded in 2016 and headquartered in Littleton, Colorado. The company deploys an IoT-based platform that networks lighting, HVAC thermostats, smart plugs, and sensors into a cloud-managed system for real-time monitoring, analytics, and automation. Its offering is organized around four solution pillars — Connected Buildings, Business Intelligence, Building Management, and Revenue Creation — augmented by a four-module COVID-19 health and safety suite (Sustainable Disinfection via UVC, Access Management and Policy Compliance, Anonymous Contact Tracing, and Incident Response). The Revenue Creation product uses proprietary energy efficiency metering to enable building owners to monetize efficiency gains as a transactable revenue stream, addressing the owner/tenant split-incentive problem.

Elevant serves commercial building owners, occupants, facility managers, and institutions across education (e.g., Denver Public Schools, Queen's Grant High School), healthcare (Centura Health), commercial real estate (MCA Realty), industrial (Freewave Technologies), and hospitality (Market Garden Brewery). The company operates an enterprise field sales motion in which business consultants identify needs and present complimentary ROI comparisons, certified engineers design solutions, and national installation teams deploy hardware. Pricing is project-based, with hardware sales, professional design-build services, managed services, and a transaction fee on metered efficiency gains; solutions are positioned as cash-flow positive from Day One, typically with sub-one-year payback.

Commercially, Elevant acts as an expanded reseller of Enlighted's IoT platform (a Siemens company), providing indirect access to a sensor footprint installed across 320 million square feet globally. The company is privately held, founder-led (Will Gentry, Founder and CEO), and bootstrapped, with no external funding rounds disclosed in the source materials. Reported outcomes include 90% reductions in lighting costs, 15-21% reductions in HVAC costs, 99.99% pathogen deactivation via UVC, and Day-One positive project cash flow with rebates and tax incentives.

Name

Elevant

Legal name

Elevant, Inc.

Website

https://elvnt.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Elevant is a U.S. building efficiency systems integrator that deploys IoT-connected lighting, HVAC, sensors, and UVC disinfection to reduce energy costs and enable safer buildings for owners, occupants, and facility managers across education, healthcare, commercial real estate, industrial, and hospitality.

Ownership category

akta.pro rank

Product category

Smart Building Solutions

NAICS

Electric Lighting Equipment Manufacturing (33513), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Electric Lighting & Wiring Equipment (3640), Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro industry

PRIMARYBPABAGAC

Lighting Controls & Smart Lighting Systems

Business & Public Services/Facilities Management & Building Services/Building Automation, Energy Management & Smart Building Services

SECONDARYBPABAGAN

Performance Contracting & Energy-as-a-Service (EaaS) for Buildings

Business & Public Services/Facilities Management & Building Services/Building Automation, Energy Management & Smart Building Services

SECONDARYHSAOAFAK

Smart Lighting & Automation Installation

Home & Personal Services/Plumbing, Electrical & HVAC Services/Lighting, Ceiling Fan & Fixture Installation

SECONDARYEUADAFAH

Customer Energy Engagement (In-Home Displays, Portals, Usage Insights)

Energy, Utilities & Environment/Electric Transmission & Distribution (T&D)/Smart Grid & Advanced Metering Infrastructure (AMI)

Keywords

• Smart building solutions
• IoT building automation
• Energy efficiency services
• Building management platforms
• Facility technology consulting

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Efficiency Solutions - Hardware and Implementation: Sale and installation of connected building systems including network lighting, smart thermostats, and smart plugs. Projects are designed to be cash-flow positive from Day One with ROI typically achieved within 1 year. Includes rebates and tax incentives that offset implementation costs.
2. Professional Services - Design, Implementation, and Support: Design-build methodology services including energy modeling, scenario analysis, project management (PMP-certified), installation, and ongoing support. Handles rebate application processes and provides Implementation Command Center for project monitoring.
3. Managed Services: 24/7 remote management and optimization of building systems. Preventive, proactive remote monitoring and maintenance that reduces costs and extends equipment lifespan. Focus on strategic priorities while ensuring facility systems operate continuously.
4. Energy Efficiency Metering and Transaction: Unique metering solution that measures energy efficiency as accurately as utilities measure consumption. Enables building owners to monetize energy efficiency production by transacting on savings with tenants. Transforms ceiling into a profit center.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Elevant provides IoT-connected building systems (networked lighting, smart thermostats, smart plugs, sensors) combined with business intelligence, building management software, and energy efficiency monetization services for commercial buildings. The company delivers design, installation, and ongoing managed services around four core solution areas (Connected Buildings, Business Intelligence, Building Management, Revenue Creation) plus a suite of COVID-19 health and safety solutions including UVC disinfection, access management, anonymous contact tracing, and incident response.

Product overview

Elevant offers a platform-plus-modules architecture organized around four core building efficiency solutions — Connected Buildings, Business Intelligence, Building Management, and Revenue Creation — complemented by a dedicated COVID-19 health and safety solutions suite. The COVID suite includes four integrated modules (Sustainable Disinfection, Access Management and Policy Compliance, Anonymous Contact Tracing, and Incident Response) that can be used standalone or together for greater effectiveness. The core Connected Buildings platform networks lighting, plugs, and thermostats; Business Intelligence delivers real-time analytics from IoT sensor data; Building Management provides remote operations and incident management; and Revenue Creation enables building owners to monetize efficiency gains. All four core solutions share a common IoT infrastructure, mobile-first app, and cloud-based optimization layer, with COVID solutions built as specialized overlays for health and safety use cases.

Differentiator

Problem solved

Functional benefit

Products and services

• Connected Buildings IoT platform that networks lighting, plugs, and thermostats to the internet, enabling building automation, real-time alerts, pre-emptive maintenance, fault detection, and cloud-based software updates. Network Connected Lighting reduces lighting costs by up to 90% and Smart Thermostats reduce HVAC costs by 15-20%. Designed for building owners, facility managers, and occupants of commercial real estate, healthcare, education, and industrial facilities.
• Business Intelligence Cloud-based analytics platform that turns building data including occupancy, space utilization, energy metering, asset tracking, and health/performance metrics into actionable insights via a dashboard and mobile app. Features heat maps, motion trails, energy consumption analysis, real-time overcapacity alerts, and personalized dashboards. Energy intelligence adds an additional 12% in energy savings. Built for facility managers, building owners, and operations teams.
• Building Management Mobile-first building operations platform providing remote management, real-time notifications, asset management, occupancy management, incident management and alerting, product lifecycle management, and 24/7 Managed Services. Enables building managers to oversee portfolios, configure optimization settings, and build resiliency remotely without on-site visits. Designed for facility managers and multi-site portfolio operators.
• Revenue Creation Energy efficiency monetization solution that solves the split-incentive problem between building owners and occupants. Enables building owners to meter energy efficiency savings and convert them into a transactable revenue stream ($1/ft2 for both owners and occupants), while providing transactional accuracy, automated administration, and NOI improvement. Built for commercial building owners and property portfolio managers.
• Sustainable Disinfection (UVC) UVC disinfection solution using 254nm UVC lamps that deactivate 99.99% of bacteria, mold, and viruses on surfaces and in the air in under 5 minutes. Provides continuous and on-demand disinfection for over 20 years at approximately $48/year per building. Includes UVC ceiling fixtures, UV-CABINET, UV-DIRECT, UV-FLOW air purifiers, and UV-RACK for HVAC systems. Targeted at commercial buildings, healthcare facilities, education, and hospitality.
• Access Management and Policy Compliance Health screening and access control platform that screens staff and visitors before building entry, manages occupancy thresholds, enforces social distancing, and communicates policy updates automatically. Features QR code status verification (Green/Yellow/Red), automated policy change notifications, and compliance reporting. Designed for administrators of commercial buildings, schools, and healthcare facilities.
• Anonymous Contact Tracing FERPA-compliant digital contact tracing platform that records contact distance and duration via Bluetooth technology and generates anonymous unique user IDs. Supports in-building sensor/badge-based tracing and workplace-wide device-based tracing. Provides selective quarantines, exposure notifications, and automated reporting. Built for K-12 schools, higher education institutions, and commercial workplaces requiring targeted isolation rather than full shutdowns.
• Incident Response Automated triage and protocol management platform for responding to confirmed illness and safety incidents. Provides integrated communications between executives, employees, response teams and healthcare providers via app-based and email messaging. Supports pre-screening, protection, and precaution workflows with event-based triggers, step-by-step protocols, and automated urgent communications. Designed for organizations needing structured incident management workflows.

Quantifiable outcome

• Network Connected Lighting reduces lighting costs by 90% and utility waste by 82%
• +9 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature9 records

Partnerships

One partnership is on record.

• EnlightedcoreTechnology or Integration · 1 September 2020Expanded reseller agreement where Elevant offers Enlighted's safer workplace solutions including the Safe digital contact tracing application. Enlighted's award-winning IoT platform is installed across 320 million square feet of buildings globally. The collaboration provides a self-funding COVID-response strategy for CRE owners through increased operational efficiencies.

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Johnson Controls: Global leader in building automation, HVAC, security, and energy efficiency services for commercial real estate, healthcare, and education. Comparable to Elevant in energy retrofits, performance contracting (EaaS), and building analytics, with much larger installed base and recurring service revenue.
• Schneider Electric (EcoStruxure): Provides EcoStruxure, an IoT-enabled building energy management platform covering lighting, HVAC, power, and analytics. Competes directly with Elevant on connected building technology and energy intelligence across commercial, healthcare, and education segments.
• Enlighted (Siemens): Siemens-owned IoT building sensor platform installed across 320M+ sqft. Both Elevant and Enlighted serve the same end customers (commercial real estate, education, healthcare) with sensor-based lighting, HVAC, and space analytics. Elevant is an expanded reseller of Enlighted, making it a direct distribution peer for the underlying platform.
• Honeywell Building Technologies: Honeywell offers comprehensive building management systems, including lighting controls, HVAC optimization, energy analytics, and access control for commercial facilities. Comparable to Elevant across connected buildings, energy intelligence, and remote operations, but at vastly greater scale and as part of a full-stack BMS portfolio.
• Current (GE Current, a Daintree company): Provider of smart LED lighting, sensors, and a Daintree cloud-based controls platform for commercial and industrial buildings. Directly comparable to Elevant's network connected lighting and IoT building automation offering, with broader lighting product portfolio.

Emerging players

• Facilio: Unified building operations platform combining IoT, analytics, and remote management for commercial real estate portfolios. Comparable to Elevant's Building Management and Business Intelligence products with similar SaaS delivery and CRE owner focus.
• Verkada: Cloud-managed physical security platform including access control, visitor management, and environmental sensors for commercial and education customers. Overlaps with Elevant's Access Management and Incident Response modules in schools and enterprises, with similar cloud-first, mobile-driven approach.

Direct peers

• 75F: IoT-based smart building automation for HVAC, lighting, and air quality targeting commercial real estate, schools, and healthcare. Comparable to Elevant in IoT sensor network, smart thermostats, and remote management approach, with similar mid-market commercial customer focus.
• BuildingIQ: Cloud-based energy management software for commercial buildings, using AI to optimize HVAC and reduce energy costs in real time. Closely comparable to Elevant's Business Intelligence and Building Management products, with similar mid-market commercial real estate target customers.
• Lucid (BuildingOS): Provider of a building analytics and data unification platform (BuildingOS) that consolidates disparate building systems (lighting, HVAC, meters, sensors) for benchmarking and operations. Direct overlap with Elevant's Business Intelligence and Connected Buildings offerings for commercial portfolios.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/elevant
• Xx.com/ElevantInc
• Facebookfacebook.com/ElevantInc
• LinkedInlinkedin.com/company/elevantinc

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Elevant