Butlr, a Burlingame, CA-based provider of an anonymous people sensing platform, raised $5M in funding.
The round was led by Qualcomm Ventures.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Founded by Forbes 30 Under 30 entrepreneurs Honghao Deng and Jiani Zeng, 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. Its patented technology architecture makes for easy deployment in minutes with a low total cost of ownership. Commercial real estate and assisted living facilities use Butlr to drive space utilization, optimize pricing, streamline operations, and improve the user experience.
FinSMEs
22/03/2023