Talos IoT
Hvac Remote Monitoring System | Talos | United States.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Early VC | ||
| Total Funding | 000k | ||
Based in Richmond, Virginia, Talos IoT, founded in 2019, provides solutions for monitoring Heating, Ventilation, and Air Conditioning (HVAC) systems. The company operates in the commercial and residential building market, targeting building owners, facility managers, and HVAC contractors. Its business model centers on reducing HVAC operating expenses and improving tenant comfort through predictive maintenance, which can lower maintenance costs by 24%, reduce breakdowns by 71%, and decrease unplanned outages by 49%.
Talos IoT's core product is the Talos Guardian system, a patented technology that utilizes easy-to-install, wireless IoT sensors to monitor HVAC systems in real-time. This system detects critical issues and performance degradation, sending instant alerts with diagnostic data to a user's phone. This allows for preemptive action before a significant failure occurs, similar to having a technician monitoring the unit 24/7. The platform also features specific capabilities for air filter monitoring, challenging the conventional wisdom of scheduled replacements and instead advocating for condition-based changes to reduce waste and cost. The system does not rely on client WiFi and is designed for simple, wireless installation. By leveraging artificial intelligence and machine learning, the platform analyzes sensor data to predict and prevent breakdowns. Testimonials highlight the system's effectiveness in critical environments, such as preventing downtime for an MRI machine's HVAC unit and maintaining precise temperature control in the medical grow industry.
The company is privately held and venture-capital-backed, with Connected Ventures listed as an institutional investor. Talos IoT was started to address the lack of accessible data in commercial buildings, where most information is locked within physical equipment. The technology was developed to be highly scalable, allowing even a small team to manage a significant infrastructure.
Keywords: HVAC monitoring, IoT sensors, predictive maintenance, facility management, building automation, energy efficiency, commercial real estate technology, smart buildings, HVAC analytics, remote diagnostics, asset performance management, tenant comfort, operational expense reduction, air filter monitoring, real-time alerts, HVAC-R, proptech, preventative maintenance, wireless sensors, equipment monitoring