Strato Automation

Strato Automation develops innovative building automation systems for small to mid-sized facilities, enhancing operational efficiency through advanced technology and tailored solutions. Founded in 2011 and headquartered in Montreal, Canada, Strato Automation focuses on building automation systems. The company has made strides in the industry with a significant deal finalized on April 29, 2019. Details regarding the founder or any previous ventures are currently not available.

Strato Automation specializes in advanced building automation systems tailored for small to mid-sized facilities across various sectors, including retail, manufacturing, education, healthcare, and hospitality. Their core product offerings include the OPENSTAT OS537H, a 15 I/O multi-application wall controller featuring BACnet MSTP communication and an RH% sensor, and the BP848 controller, designed for AHU, RTU, FCU, and UV applications. These products are designed to enhance energy efficiency, streamline operations, and provide customizable solutions to meet the specific needs of clients. Strato Automation serves a diverse client base, including contractors, building owners, and system integrators, who benefit from the company's commitment to delivering high-quality automation solutions.

The company's products are marketed primarily in North America and have also gained traction in international markets, supporting over 193,000 devices deployed worldwide. Strato Automation generates revenue through the sale of its building automation products and services, primarily structured around B2B transactions with contractors and system integrators. The company partners with clients to deliver customized solutions that are essential for efficient building management and control. Revenue is derived from direct sales of their flagship products, including the OPENSTAT OS537H and BP848 controllers, as well as ongoing service agreements that may involve software subscriptions or support packages.

The pricing strategy reflects the competitive landscape of the building automation industry, where clients seek cost-effective yet advanced solutions to optimize their operational performance. The transactional approach emphasizes the importance of establishing long-term partnerships with key stakeholders to ensure the successful implementation and maintenance of automation systems. Strato Automation plans to innovate with upcoming product launches, enhancing its offerings in building automation systems. The company aims to expand its presence in new markets, targeting regions in North America and potential entry into international territories by 2022.

Recent funding from the deal on April 29, 2019, is expected to support these initiatives, providing the necessary resources for research and development, marketing, and infrastructure expansion.