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NexRev provides integrated energy and building management solutions through its cloud and IoT-based Freedom Enterprise platform.
Founded in 1994 and based in Plano, US, NexRev sells its Freedom Enterprise platform, which connects HVAC, lighting, refrigeration and other energy-consuming devices to a central console for real-time monitoring and control. The product is aimed mainly at businesses across the US, including a significant share of Fortune 100 companies, and is sold on subscriptions with integration and support fees. In March 2018 Main Street Capital Corporation and a co-investor invested USD 24.30 mn in a Recapitalisation round. Kenneth Smith is CEO.
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