Intelligent Building Group secures £580k from Maven to scale operations and expand its team
Maven Equity Finance backed the Cheshire PropTech company to support sales growth and new hiring.
Intelligent Building Group develops smart hardware and software to monitor and reduce energy consumption across commercial, industrial, and residential properties. The Cheshire-based PropTech business helps property managers and landlords improve efficiency and meet sustainability targets.
Intelligent Building Group has secured £580k in seed follow-on funding from Maven Capital Partners via the Northern Powerhouse Investment Fund. The capital will be deployed to strengthen sales and marketing operations and expand headcount across installation, commissioning, and operations departments.
The Cheshire-based PropTech enterprise offers proprietary smart hardware and software designed to capture utilities usage data, including electricity, gas, water, and renewables, for real-time analysis. The technology allows property managers and commercial landlords to predict energy usage accurately and lower operational costs.
The investment arrives as commercial real estate faces heightened regulatory and market pressure to adopt environmental standards aligned with national net zero targets. Backed by Maven, the business aims to scale its workforce and meet growing demand for energy management systems in the built environment.
From the founder
"The funding and support from NPIF and Maven provides us with a fantastic opportunity to further strengthen and develop our business. The property investment, development and construction landscape is rapidly evolving with more companies implementing ESG encompassing Net Zero Carbon strategies and a growing demand for these commitments from investors, occupiers and governments in the UK and globally will provide the opportunities for growth at IBG."
John Leutton
CEO at Intelligent Building Group
Investor perspective
"With an ever-increasing focus on ESG, IBG’s product offering will help building owners and operators to significantly reduce their energy use and support the drive to achieve net zero carbon buildings. John is an experienced CEO and we look forward to working with him and the team, to help drive the business forward."
Dean Cox
Investment Director, Maven Capital Partners
Use of funds
- 01Grow the team
- 02Invest in sales and marketing
- 03Scale operations
Investors
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About the company
Intelligent Building Group
Intelligent Building Group provides smart hardware and software to monitor and reduce energy consumption in buildings.