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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.

Aug 26, 2024over 1 year ago

Amount Raised

$38 Million

Round Type

series b

BurlingameSoftware

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.

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.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech