Indian smart building start-up NHance.ai has raised $1.5m in seed funding from high-net-worth individuals (HNIs).

This money will be used to accelerate the company’s growth and further develop its digital-twin platform that enables smart buildings for its expanding customer base.

The NHanceTwin platform provides businesses with complete visibility on building performance and actionable insights leveraging machine learning and artificial intelligence (AI).

“We are thrilled to have the support of our esteemed investors who share our vision for transforming the smart building landscape,” said Deepak Nagraj, founder and CEO of NHance.ai. “This funding will allow us to scale our operations, enhance our product offerings, and continue to deliver exceptional value to our customers.”

With this infusion of capital, the company plans to expand its team by hiring talent in software development and analytics. It hopes to accelerate product development to introduce value-enabling features and integrations for its customers. And it will increase marketing efforts to raise brand awareness and attract customers.

The company is also looking to explore partnerships to expand its ecosystem and provide additional value to its customers.

“Our goal is to empower businesses with the tools they need to succeed in today’s fast-paced digital environment,” said Krishna Prasad, chief product officer of NHance.ai. “We are committed to delivering a platform that not only meets but exceeds the expectations of our customers.”

Ketan Dalal, managing partner at investor Katalyst Advisors, added: “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.”

Bengaluru-based NHance (nhance.ai) is a smart building provider whose mission is to shape the future of the built environment.