Density

Density

Designs smart sensors for workspace optimization

About

Density designs and manufactures smart sensors that provide businesses with data on how their workspaces are utilized. These sensors track space usage without compromising individual privacy, allowing companies to make informed decisions about their office layouts. Density's products are used by a variety of clients, including large corporations, to optimize their office spaces and reduce costs associated with unused areas. The company operates globally, with teams in major cities and its sensors functioning in 30 countries. Density's business model includes selling its sensors and offering a subscription-based platform that delivers detailed analytics on space usage. This data enables companies to create better work environments and make smarter real estate decisions, ultimately saving money by minimizing wasted space. Density's goal is to help clients maximize their real estate investments, especially in the context of hybrid working.

Company Stage

Series D

Employees

51-200

Industries

Data & Analytics, Real Estate

Total Funding

$211.3M

Headquarters

San Francisco, California

Founded

2014


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Simplify's Take

What believers are saying

  • Growing demand for privacy-focused analytics boosts Density's market potential in hybrid work models.
  • Expansion in Europe aligns with regulatory incentives for energy efficiency and sustainability.
  • Increased investment in IoT devices enhances Density's role in smart building technologies.

What critics are saying

  • Emerging startups with similar solutions could erode Density's market share.
  • Decline in U.S. office space inventory may reduce demand for Density's sensors.
  • Potential regulatory changes in EU data privacy laws could impact Density's operations.

What makes Density unique

  • Density uses proprietary depth sensors, not cameras, ensuring privacy in space utilization.
  • The platform provides real-time, anonymous data, unlike traditional methods that compromise privacy.
  • Density's global reach and diverse clientele, including Fortune 500 companies, set it apart.

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Growth & Insights
Headcount

6 month growth

-7%

1 year growth

-14%

2 year growth

-38%

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