Locatee raises growth financing round

Locatee is leading the occupancy analytics market that is estimated to grow to more than 5bn USD by 2025. The Swiss start-up has already upended the workplace analytics market by proving the value for Forbes Global 2000 companies of leveraging existing IT infrastructure for office occupancy measurement as opposed to using manual counting, badge data or expensive sensors.

This growth funding round will enable Locatee to consolidate its leading position in this growing market, continue to unlock high value, high tier customers in its portfolio, and drive further value in the Locatee platform to support customers in their challenge to purposefully design and manage an ecosystem of workspaces, centered on people, employee experience, safety and productivity. Beyond office space optimization, consolidation and enrichment, the future of work will require businesses to orchestrate a myriad of spaces or “work points” with increasing complexity. Locatee will help businesses solve the tension between the right work experience, and the right investment in their spaces.

The round is led by SmartFin, a European growth equity fund, joined by new investors such as Zürcher Kantonalbank, Swiss Immo Lab, and Verve Ventures, and sees previous investors FYRFLY Venture Partners and Tomahawk VC participating as well.

(Press release / SK)

Bild: Benedikt Köppel, CTO (links) und Thomass Kessler CEO