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About Butlr
Industries
Data & Analytics
Industrial & Manufacturing
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$78.3M
Headquarters
Burlingame, California
Founded
2019
Overview
Company Does Not Provide H1B Sponsorship
Butlr provides a platform that utilizes thermal-based people sensing technology to gather real-time, anonymous data about occupancy and movement in buildings. This data helps organizations, such as those managing large office buildings or commercial properties, make informed decisions regarding business strategy and operational efficiency. By analyzing space utilization, dwell time, and activity heatmaps, Butlr enables clients to optimize their workforce and design operations that align with energy consumption goals, ultimately creating safer and more sustainable environments. The platform can be integrated into existing business systems, allowing for features like real-time alerts, optimized desk arrangements, and efficient meeting room allocations. Butlr generates revenue by charging customers for access to its platform and data, and it has established a strong market presence with over 100 global customers.
Simplify's Take
What believers are saying
- Butlr raised $38M in Series B funding to expand in senior care communities.
- The company is named among the World's Most Innovative Companies of 2024.
- Butlr's partnerships with AI research institutions enhance their technological capabilities.
What critics are saying
- Privacy concerns could pose a risk despite anonymous data collection methods.
- The competitive landscape is intensifying with new entrants in the market.
- Reliance on hardware components exposes Butlr to supply chain vulnerabilities.
What makes Butlr unique
- Butlr uses advanced thermal-based people sensing technology for real-time occupancy data.
- Their platform provides anonymous data, addressing privacy concerns in data collection.
- Butlr's technology is easily deployable with a low total cost of ownership.
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Funding
Total Funding
$78.3M
Above
Industry Average
Funded Over
5 Rounds
Tiger GlobalBenefits
Health Insurance
401(k) Retirement Plan
Flexible Work Hours
Unlimited Paid Time Off
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 4%2 year growth
↑ 4%The strategic funding will go towards expanding the company beyond office spaces, the CEO said.
Butlr, a physical AI startup, raised $38M in Series B funding, led by Foundry, to meet growing demand for its sensors and anonymous data analytics. The technology enhances safety, energy efficiency, and collaboration in buildings, primarily serving senior living communities and workplaces. The company has raised $68M to date. Notable clients include Walmart, Qualcomm, and Verizon. The new funding will help expand Butlr's presence in senior care communities.
Butlr, a Burlingame, CA-based physical AI (PAI) startup, raised $38M in Series B funding
Butlr named to Fast Company's annual list of the World's Most Innovative Companies of 2024.
Patented Body Heat-Based Sensors to Shape Research at University of Massachusetts Amherst’s Artificial Intelligence and Technology Center and Beth Israel Deaconess Medical Center Collaboratory . .
Butlr is Hiring for 2 Jobs on Simplify!
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About Butlr
Industries
Data & Analytics
Industrial & Manufacturing
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$78.3M
Headquarters
Burlingame, California
Founded
2019
Butlr is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today