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Butlr raised $38M in Series B funding led by Foundry to enhance its AI sensors for safer and more energy-efficient buildings.

PRIVATEAug 26, 2024

Amount Raised

$38 Million

Round Type

Series B

BurlingameSoftwareAnalyticsWireless

Investors

Foundry

Description

Butlr announced $38M in Series B funding to meet the increasing demand for its AI sensors that improve building safety and efficiency. The funding will support growth in senior living and workplace environments, leveraging advanced data analytics for better human interaction insights.

Who to call at Butlr, and when

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Company Information

Company

Butlr

Location

Burlingame, California, United States

About

Butlr is the world’s first and only 100% anonymous people sensing and occupancy detection platform that helps enterprises all over the world improve their workplace planning and optimize their operations. Using just body heat and advanced AI technologies, Butlr understands presence and traffic without capturing any identities—ever.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Butlr raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Butlr raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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