Tech Company Financing Transactions
Butlr Funding Round
On 8/27/2024, Butlr landed $38 million in Series B funding from Carrier, DNX Ventures and GS Futures.
Transaction Overview
Company Name
Announced On
8/27/2024
Transaction Type
Venture Equity
Amount
$38,000,000
Round
Series B
Investors
private investors (Joi Ito)
private investors (Ray Stata)
Proceeds Purpose
The company intends to use the funds to expand its presence, mainly in senior care communities.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
Undisclosed
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Undisclosed
Website
Email Address
Overview
Butlr is a venture-backed technology start-up spun out of the MIT Media Lab in 2019. The company's award-winning people-sensing platform uses body heat and machine learning to detect occupancy, headcount and activity, and generate accurate, real-time and historical spatial insights while being incapable of collecting personally identifiable information.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Honghao Deng
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