Minnesota M2M startup 75 Fahrenheit aka 75F is relocating within Burnsville to accommodate for growth.
Launched out of Mankato in late 2012 and since holding space (800 ft2) at 760 S Cross Drive in Burnsville, 75F is now expanding to 5,000+ ft2 at 221 River Ridge Cir S, also in Burnsville.
75F specializes in building automation systems that increase comfort and energy efficiency. Using sensors and cloud software, their intelligent HVAC system falls within the machine-to-machine tech genre, similiar to Nest or SmartThings, but exclusively for commercial properties.
The venture has represented at a number of startup competitions, most notably the 2014 Minnesota Cup, where they claimed the grand prize. Since then, 75f has acquired some paying customers that include: Border Foods (think Taco Bell franchise), YogaFit, and locally known Magnet 360 — retrofitting some 30,000 square feet in St. Louis Park.
With $750k in previous investment backing and a fresh set of mobile apps, CEO Deepinder Singh notes that 75F is closing in on a $2.5m round of capital to continue their momentum and agressively pursue market expansion.
“It’s been quite the ride over the last 12 months for us, from winning the Energy Efficiency award at Cleantech Open to presenting at Google Demo Day. Having proven our technology in the marketplace, we are excited to begin the next phase of our journey by scaling operations,” Singh says.
He describes their current employment situation as 11 full time, 5 part time, and 17 in India — with immediate needs to fill 9 additional positions here in Minnesota covering sales, engineering, and creative. An upcoming open house will happen on October 8th for those in the tech community who want to say hi.