# Scott Cahill

> Scott Cahill is the co-founder and former CEO of LEXI, an intelligent enterprise IoT platform headquartered in Lebanon, Ohio. He built the company from a smart lighting passion project into a universal wireless building automation system that claims up to 90% cost savings over competitors. Over 7.5 years he led LEXI through a $2.6M seed round, a $3.5M pre-Series A, and multiple equity crowdfunding campaigns, accumulating $5.5M raised and a $30M valuation by 2024. In 2024 he handed the CEO role to Hans Bukow to accelerate LEXI toward IPO, while remaining as an advisor.

- **Role:** Co-Founder & Advisor at LEXI
- **Organizations:** LEXI
- **Nationality:** American
- **Education:** MBA, Wharton School, University of Pennsylvania, BS in Engineering, Cornell University
- **Known for:** Co-founded and led LEXI for 7.5 years from concept to $30M valuation, Raised $5.5M total funding across seed, pre-Series A, and equity crowdfunding, Launched world's first universal IoT platform supporting all major wireless protocols (December 2022)

## Career timeline

- **pre-2017** — Served as CEO of 4 companies (3 as co-founder); 2 acquired, 1 on Inc 500 twice; held VP Sales & Marketing and VP Business Development roles at VC-backed companies
- **2017** — Co-founded LEXI (December 2017) in Lebanon, Ohio, starting as a smart lighting and IoT platform
- **2021** — Closed $2.6M seed funding round (August 2021)
- **2022** — Launched equity crowdfunding campaign on Republic ($1.07M maximum); hired COO John E. Osborne II (former Zigbee Alliance chairman); announced world's first universal IoT platform (December 2022)
- **2023** — Shipped world's first Universal IoT Gateway with LoRaWAN support (February 2023); closed $3.5M pre-Series A via Kobo Funds; launched SmartBMS building management system
- **2024** — Launched StartEngine crowdfunding campaign at $30M valuation; transitioned CEO role to Hans Bukow; remained as advisor at LEXI

## Achievements

- Co-founded and led LEXI for 7.5 years from concept to $30M valuation
- Raised $5.5M total funding across seed, pre-Series A, and equity crowdfunding
- Launched world's first universal IoT platform supporting all major wireless protocols (December 2022)
- Shipped world's first Universal IoT Gateway with LoRaWAN support (February 2023)
- Built LEXI's cloud infrastructure at 90% cost savings vs AWS IoT Core
- Grew LEXI to 38 employees and $3.3M cumulative revenue
- Secured partnerships with NXP Semiconductor, Rheem, Crane, PLDT, and EasyIT
- Previously led 4 companies as CEO: 2 acquired, 1 placed on Inc 500 twice
- Holds 4 patents through LEXI
- Recruited Hans Bukow (IPO and acquisition-track CEO) to succeed him at LEXI

## Latest updates

- **2024-01** — Transitioned CEO role to Hans Bukow; remained as advisor to LEXI
- **2024-01** — LEXI launched StartEngine crowdfunding campaign at $30M valuation cap
- **2024-04** — LEXI filed SEC Form C-AR annual report
- **2023-02** — LEXI shipped world's first Universal IoT Gateway with LoRaWAN support
- **2023-01** — LEXI closed $3.5M pre-Series A via Kobo Funds

## Links

- Website: https://lexi.tech
- LinkedIn: https://www.linkedin.com/in/scottcahill
- Twitter/X: https://twitter.com/lexidevices
- Facebook: https://facebook.com/LexiDevices

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Profile page: https://yespress.io/scott-cahill
Published by YesPress — https://yespress.io
Last updated: 2026-05-13