Spintly Raises $2.5M in a Pre-Series-A Funding


Spintly, a San Jose, CA-based physical access control and smart buildings startup, raised $2.5M in Pre-Series A funding.

Backers included Lets Venture, Accel Nest, SucSEED Indovation Fund, Riso Capital, Defang Technology, 91ventures, Kyto Technology, Life, and Dheeraj Pandey.

The company intends to use the funds to grow in the Global market, specifically the USA, strengthen its R&D capabilities, as well as to expand into new market segments like Education, Residential, Data Centers, Enterprise, and Government.

Started in 2018 by Rohin Parkar and Malcolm Dsouza,, Spintly delivers a wireless, cloud-based access control platform that eliminates the need for key cards and elaborate wiring for access control. Spintly products are mainly adopted by co-working spaces, managed commercial office spaces, and small to medium-sized enterprises. Targeted verticals include enterprises of all sizes as well as co-working spaces, multi-dwelling residential complexes, banking/financial institutions, and hospitality.