High-net-worth individuals (HNIs) have invested $1.5 million in nhance.ai as part of a seed funding round for the Smart Buildings solutions provider.

Nagraj, Founder and CEO of nhance.ai. said, “The funding is expected to accelerate the startup's growth and support the development of its innovative platform to cater to a growing customer base.“We are excited to have the backing of our esteemed investors, who share our vision for revolutionizing the smart building industry. This funding will enable us to scale our operations, improve our product offerings, and consistently deliver exceptional value to our customers.”

The startup will utilize the raised capital to drive product development, hire top talent, and explore strategic partnerships.

Specifically, nhance.ai plans to expand its team by recruiting experts in software development and analytics, fast-track product development to introduce new features and integrations, boost marketing efforts to enhance brand visibility and attract new customers, and seek strategic partnerships to broaden its ecosystem and offer additional value to its customers.nhance.ai aims to shape the future of the built environment with its nhanceTwin platform, which provides businesses with comprehensive visibility into building performance and actionable insights through machine learning and artificial intelligence.

This approach is designed to equip businesses with the essential tools to thrive in today’s rapidly evolving digital landscape.

The Co-Founder and Chief Product Officer, Krishna Prasad mentioned, "Our goal is to empower businesses with the tools they need to succeed in today’s fast-paced digital environment. We are committed to delivering a platform that not only meets but exceeds the expectations of our customers."

The Managing Partner at Katalyst Advisors, Ketan Dalal said, “We are excited to associate with nhance as they continue to innovate and enable the smart building space. Their unique approach and dedicated team position them for significant growth and success."