Dwellwell, a data and analytics product that monitors the health of the entire home, launched with the goal of transforming residential property maintenance, according to the company. Bethesda, Maryland-based Dwellwell Analytics has raised more than $12 million in seed funding from the State of Maryland and executives from the proptech, engineering, and real estate industries since its founding in 2018.

Dwellwell combines patent-pending, multi-sensing technology and artificial intelligence to take the guesswork out of maintenance for owners and managers of residential property portfolios. The product provides remote monitoring and alerts for all major residential systems, including HVAC, electrical, and plumbing and also delivers a wide-ranging view of the home’s environmental aspects, including temperature, carbon dioxide presence, and humidity. By providing the opportunity to identify maintenance issues as soon as they arise—and eventually the opportunity to predict issues before they occur—Dwellwell enables users to address repairs proactively, reducing costs and averting major system failures.

Read More