Spintly Raises $2 Million In Seed Funding Led by Accel, Doctor Technology, and Chakra Growth Fund to Accelerate US Market Expansion
PRIVATEApr 19, 2024
Amount Raised
$2 Million
Round Type
Seed
MilpitasSoftwareWireless
Investors
Chakra Growth FundDoctor TechnologyAccel
Description
Spintly Inc. has completed its extended seed round, securing $2 million from Accel, Doctor Technology, and the Chakra Growth Fund. The funding will be used to accelerate growth within the US market, focusing on sales, marketing, and partnership initiatives.
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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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MilpitasSoftwareWireless