Airconnect Smart HVAC Maintenance

Airconnect Smart HVAC Maintenance

AI-powered HVAC asset management and predictive maintenance platform.

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$25.0k

Early VC
Total Funding000k
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Airconnect is a developer of an HVAC asset management platform designed to improve the efficiency and sustainability of commercial buildings. Founded in 2018 by David Jones, an HVAC industry veteran with over 35 years of experience, the company is headquartered in Merewether, Australia. Jones's extensive background in frontline retrofit and maintenance contracts highlighted the need for technology-based solutions to reduce energy costs and improve maintenance schedules in the mid-tier building sector, which led to the creation of Airconnect. The team also includes CTO Josh Wall, who brings over 20 years of experience in the smart buildings industry.

The company's core offering is a platform that uses AI-enabled analytics, machine learning, and predictive maintenance to optimize HVAC equipment lifespan, reduce downtime, and lower operating expenditures. It provides real-time monitoring and analysis of equipment performance, allowing facility managers to move from periodic servicing to targeted, data-driven maintenance. This approach helps identify potential faults before they occur, automates maintenance workflows, and ensures that appropriately skilled technicians are dispatched. Airconnect's system also creates a digital twin of a building's energy systems to simulate and recommend optimal control strategies for energy efficiency and demand response. The platform is designed to be compatible with most HVAC systems and uses advanced edge gateway devices to extract data.

Airconnect primarily serves the mid-tier commercial building sector in Australia, targeting facility managers who need to manage operating expenses, meet ESG obligations, and transition to net-zero emissions. The business model is based on providing its smart maintenance and energy optimization solutions, which include features like live performance tracking, predictive maintenance analytics, and optimized HVAC controls. The company has received backing from accelerators like QuantumTX and has developed its patented solutions in partnership with CSIRO, Australia's national science agency.

Keywords: HVAC optimization, predictive maintenance, asset management platform, smart buildings, machine learning, fault detection, energy efficiency, cleantech, proptech, real estate technology, IoT, building automation, facility management, OPEX reduction, digital twin, data-driven maintenance, equipment lifecycle, energy management, smart ventilation, demand response

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