Investors Back Butlr with $38M in New Funding, Support its Data-Friendly Sensor Developments for Smart Building Solutions

MIT Media Lab spinout Butlr is on a mission that, for laypersons, may sound incredibly complex. To Butlr and its extended network of designers, engineers, scientists and data architects, however, it sounds much simpler.

What’s the mission in question?

Build the world's most scalable people sensing data infrastructure, thereby ushering in a new era of human-centered buildings and general smart spaces.

(Piece of cake, right?)

This is, in all seriousness, what Butlr is after. Its team firmly believes that no technology can change the world if it isn’t accessible by everyone, which is why Butlr’s API-first data platform is flexible, scalable and — most importantly, we could argue — highly accessible, enabling users to gain what Butlr calls “high-velocity insights” into the most critical challenges in connected building environments.

Another key as to why enterprises choose Butlr involves its thermal wireless sensors; they’re camera-free and unable to capture personally identifiable information, or PII (certainly ticking privacy boxes for folks wary), and the advanced AI and ambient monitoring capabilities they provide open up great use cases in assisted living and home healthcare, for improving workplace management via data-driven responses and elsewhere, to be sure.

And, as it would seem, new investors are feeling sure of Butlr too.

Earlier this morning, Butlr announced $38 million in Series B funding. This brings its total raised to $68 million to date, supported by investors like Qualcomm, DNX Ventures, Foundry, Pacific Alliance Venture, GS Futures, Ray Stata and others.

“Butlr’s sensors and AI-powered data are used by the world’s largest employers, hospitality companies, retailers, and senior living communities to identify patterns and behaviors that inform decisions about real estate investment planning, asset management, occupancy, health, and energy efficiency,” explained Honghao Deng, CEO and co-founder of Butlr. “With the ability to better understand how people use interior spaces, we can imagine a not-too-distant future where Butlr sensors and data are the essential nerve system for buildings throughout the world. This is why we’re focusing this strategic funding to continue meeting this strong demand for those in need.”

Read here to learn more about how Butlr smartly harnesses sensed occupancy data.