Locatee Secured $4M in Series A Funding

/ / Locatee Secured $4M in Series A Funding

Locatee, a Swiss startup that uses existing sensors and IT infrastructures to provide employers and commercial real estate owners with detailed data about how their spaces are utilized, today announced that it has raised a $4 million Series A funding round led by San Francisco-based FYRFLY Venture Partners and Zurich-based Tomahawk VC.

This funding enables us to grow strategically, placing a high priority on bringing the right talent and expertise onboard in order to become the global leader in the smart building market.

Philipp Stauffer, Co-Founder and Managing Director at FYRFLY Venture Partners, states “Locatee’s vision to transform how space is used will ultimately elevate the quality of life for employees and can also contribute significantly to sustainable development goals. A quantitative approach to space optimization and productivity holds both significant top- and bottom- line potential for large global organizations.”

Read more: Locatee secured $4 million in Series A funding