MARKET OUTLOOK, REAL ESTATE INVESTMENT

Enlighted Opens new Canadian Office to Increase Global Presence for IoT & Software Innovations

Enlighted | October 27, 2022 | Read time : 04:00 min

Enlighted Opens new Canadian Office to Increase Global Presence
Enlighted, a leading proptech company, announced the opening of its new office in Kitchener, Ontario. The new office will be a hub for technical product development teams and further the company’s global scope as it continues to develop cutting-edge IoT and sustainability solutions at the intersection of people, space and work.

“After two and a half years of the pandemic, in-office collaboration is a more critical part of hybrid working than ever before, As a proptech leader, we intimately understand the value in bringing together new and future talent to collaborate and ideate in person, ultimately creating a shared sense of purpose. We look forward to further tapping into the rich talent base in the Waterloo and Kitchener area to bolster our product innovation.”

- Stefan Schwab, CEO, Enlighted

Enlighted’s new office is in the Catalyst Building, a hub for Waterloo’s tech community. The Enlighted team will focus on the development of innovative smart building IoT sensors, data and software applications that enable customer productivity and real progress towards customers’ net carbon zero sustainability goals. The new office is designed to spark collaboration and innovation with a higher percentage of collaboration spaces and meeting rooms relative to other types of space.

The Waterloo region is attracting some of the most innovative thinkers in Canada, thanks to its strong combination of established high-tech companies, active start-ups and educational institutions, As a result, Kitchener has become a magnet for large companies who want to build engineering teams. Investing has helped us recruit some of the best minds, and access to the University of Waterloo allows us to invest in the next generation while giving our teams a real boost of talent and creativity, said David Wigg, Head of Software Engineering, Enlighted.

Enlighted has operated in Canada since 2019 and has grown to over 30 employees. The majority of employees will be based out of the Catalyst Building. The company has also developed strong ties with the University of Waterloo, one of Canada’s best universities for computer science and engineering. Since starting operations in Canada, Enlighted has worked with over 70 students from the university’s co-op internship program, hiring many as full-time employees. The office design and technology address the new requirements for hybrid work and uses Enlighted’s products to inform employees when is the best time to come to the office for collaboration and innovation.

About Enlighted
Enlighted is a leading proptech provider of IoT solutions at the intersection of people, space, and work. We offer a unique combination of cognitive environmental IoT sensors and lighting controls that connect to intelligent workplace experience apps, offering a singular, scalable, interoperable solution to address a spectrum of building, space, and productivity needs. Our customers leverage these solutions to enable occupant well-being, greater business efficiencies and momentum toward their sustainability goals. Enlighted is part of Building Robotics, Inc., a Siemens company.

Spotlight

In this week's video, John Chang discusses 3 important economic trends CRE investors should watch in the first half of 2023!

Marcus & Millichap's research services division takes great pride in providing industry-leading research, and hope you find value in the insights we share as you shape your commercial real estate investment strategy. As always, please contact our team if we can be of service in providing you with market information, access to inventory, transaction execution and financing.

Spotlight

In this week's video, John Chang discusses 3 important economic trends CRE investors should watch in the first half of 2023!

Marcus & Millichap's research services division takes great pride in providing industry-leading research, and hope you find value in the insights we share as you shape your commercial real estate investment strategy. As always, please contact our team if we can be of service in providing you with market information, access to inventory, transaction execution and financing.

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