Cohesion CEO Triples a Team During a Pandemic
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In this episode of Startup Hustle, Lauren Conaway and Thru Shivakumar, CEO and Co-founder of Cohesion talk about tripling your team during a pandemic.
Cohesion was founded in August 2018 when Co-Founder and CEO Thru Shivakumar launched Cohesion as a spin-off venture from ESD, a leading Chicago-based global engineering design firm. Cohesion delivered its smart building SaaS platform to a total of seven clients, representing 10 million square feet combined, within a year.
One of Cohesion’s first customers, 151 N. Franklin, was recognized by the Digie Awards at Realcomm 2019 as the “Most Intelligent Office Building.” Since then, Cohesion has grown to be trusted by real estate leaders including The John Buck Company, JLL, Transwestern, CBRE, and Riverside Investment & Development.
Cohesion was recognized in major publications, such as the Chicago Tribune and Crain’s Chicago Business, upon the announcement of $6.5 million raised in SEED funding in July of 2020 from major investors including Citadel’s Ken Griffin and GCM Grosvenor’s Michael Sacks.
Cohesion’s most significant product innovation to date grew from the COVID-19 era. In 2020, the company announced the launch of its innovative indoor quality program at 150 N. Riverside, a prominent Class A Tower in Chicago to enhance occupant health and wellness. The program is the first of its kind, and in May 2021, the fully automated program was able to address tenant air quality concerns by measuring pollutants in real time and autonomously mitigating issues. The program resulted in a 46% decrease in average volatile organic compound (VOC) levels and an 82% decrease in fluctuation of VOC levels. The robust building control platform gives commercial landlords the ability to ensure the cleanest air and provide occupants transparency via continuous monitoring that is displayed in the app to keep them informed as millions of office works prepare to return to work.
In 2021, Cohesion has been awarded the Best Application of IoT Technology for Buildings by Connected Real Estate and the winner of CoreNet Global’s Innovation Award for Property Management for its IAQ Program.
Over the past 12 months, Cohesion has grown its customer square footage over 3.25x and grown the team by over 6.5x. The company is an active member in the Chicago tech community and has been recognized by Built In Chicago’s Best Places to Work and the 2020 Inno on Fire list by Chicago Inno. Cohesion has built a collaborative, enthusiastic, and cohesive team of problem solvers and innovative thinkers.
The company is poised to disrupt the commercial real estate industry with green, healthy, and autonomous buildings and continues to look for people to join their growing team.
Visit their careers page to see their open positions: https://cohesionib.com/careers.