Fundz

Spintly Raises $2.5M In A Pre-Series-A Round Of Funding

PRIVATENov 10, 2022

Amount Raised

$2.5 Million

Round Type

Series A

MilpitasSoftwareWireless

Description

SaaS-based Physical access control and smart buildings start-up Spintly, has raised $2.5M in a pre-series-A round of funding. Those participating in this round include Lets Venture, Accel Nest, SucSEED Indovation Fund, Riso Capital, Defang Technology, 91ventures, Kyto Technology, and Life, and a few other notable angel investors and groups. Some notable angel investors include Dheeraj Pandey, Founder, and Ex-CEO of Nutanix and current CEO and founder of DevRev. Spintly will be using these funds to focus on its growth in the Global market, specifically the USA, plus strengthening its R&D capabilities.

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Company Information

Company

Spintly

Location

Milpitas, California, United States

About

Spintly is a pioneer in BLE-Mesh technology for access control and the 1st one in the world to develop a fully wireless access control platform. It is transforming the physical security industry with its wireless, cloud-based access control system. It removes the complexity out of the process of deploying an access control solution in a building. With absolutely no wiring the installers can save more than 60% of their time and cost and be more productive. Our Vision is to make the built world smarter and simpler by providing a frictionless access control experience to users and to make the building smarter with our fully wireless mesh platform for smart building devices. Spintly-Smart Access is very easy to install, adopt and use. It allows you to unleash the power of your smartphone by converting it into a smart access card.

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Related People

1 contact
Verified contactsRohin P., Co-Founder & CEOSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

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