Butlr Technologies, Inc., a Burlingame, Calif. – based anonymous people sensing platform, raised 20M in Series A funding.
The round was led by Tiger Global, Ray Stata, and Primetime Partners, with participation from existing investors E14, Union Labs, Hyperplane Venture Capital, Tectonic Ventures, and Carrier Global Corporation.
The company intends to use the funds to expand operations and its business reach.
Led by Honghao Deng, co-founder and CEO, and Jiani Zeng, co-founder and chief product officer, Butlr provides a people sensing platform that uses body heat and machine learning to detect occupancy, headcount and activity, and generate accurate, real-time and historical spatial insights while being incapable of collecting personally identifiable information. Commercial real estate and assisted living facilities use it to drive better space utilization, optimize pricing, streamline operations, and improve the user experience. In senior living facilities, Butlr is being used primarily for frailty and fall detection based on understanding movement patterns.
FinSMEs
27/07/2022