Myrspoven

The core of Myrspoven's business is a software-as-a-service (SaaS) solution that utilizes artificial intelligence to automate the control of a building's existing heating, ventilation, and air conditioning (HVAC) systems. This digital service, named myr™, integrates with a property's current infrastructure without the need for new hardware installations. By analyzing data points such as weather forecasts, energy prices, and the building's specific thermal properties, the AI learns the unique energy patterns of each property. It then sends optimized control signals directly to the HVAC system, aiming to maintain a stable indoor climate while minimizing energy usage and cost. The business model is subscription-based, where clients pay for the ongoing optimization service.

Myrspoven primarily serves commercial real estate owners, property managers, and municipalities who are looking to decrease their operational expenditures and enhance their environmental, social, and governance (ESG) profiles. The service promises an average energy consumption reduction of 20%, which directly translates to lower energy costs and a reduced carbon footprint for its clients. The company has demonstrated significant traction, reporting that as of early 2023, its solution had optimized over 2.5 million square meters across more than 1,000 buildings. Myrspoven has also expanded its operations internationally, with a presence in several European countries, including the UK, Germany, and the Netherlands, in addition to its home market in Sweden.