Tech Company Financing Transactions
Fitwel Funding Round
Fitwel, based in Brooklyn, secured $3.5 million from RET Ventures and Kilroy Realty.
Transaction Overview
Company Name
Announced On
10/16/2022
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Undisclosed
Investors
RET Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further drive current demand and increase the implementation of its strategies -- e.g. design attributes, amenities, and operational policies that boost tenant wellbeing, to enhance its tech platform, and to meet market demand for healthy buildings.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
49 Flatbush Ave 140
Brooklyn, NY 11217
USA
Brooklyn, NY 11217
USA
Phone
Undisclosed
Website
Email Address
Overview
Fitwel is the world's leading certification system committed to building health for all®. Generated by expert analysis of 5,600+ academic research studies, Fitwel is implementing a vision for a healthier future where all buildings and communities are enhanced to strengthen health and well-being. Fitwel was originally created by the U.S. Centers for Disease Control (CDC) and Prevention and U.S. General Services Administration. The CDC remains the research and evaluation partner for Fitwel. The Center for Active Design was selected as the licensed operator of Fitwel, charged with expanding Fitwel to the global market.
Management Team
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