What is Density?
Founded in 2013 and headquartered in San Francisco, California, Density operates at the intersection of software and technology, providing advanced solutions for occupancy monitoring, space optimization, and usage-based services. The company's platform is designed to offer actionable insights into how physical spaces are utilized, enabling businesses to make data-driven decisions for improved efficiency and resource allocation. Density serves a diverse clientele, including sectors such as higher education, essential businesses, hospitality, places of worship, bars, and restaurants, adapting its offerings to meet varied industry needs.
How much funding has Density raised?
Density has raised a total of $279M across 5 funding rounds:
Series A
$4M
Series B
$74M
Series C
$51M
Unspecified
$25M
Series D
$125M
Series A (2016): $4M with participation from Ludlow ventures
Series B (2018): $74M, investors not publicly disclosed
Series C (2020): $51M supported by Upfront Ventures, LPC Ventures, Alex Rodriguez, Launch, Alex Davis, Founders Fund, Ludlow Ventures, Kleiner Perkins Caufield & Byers, and 01 Advisors
Unspecified (2021): $25M, investors not publicly disclosed
Series D (2021): $125M backed by Upfront Ventures, Altimeter Capital, Kleiner Perkins, Lachy Groom, Founders Fund, and 01a
Key Investors in Density
Upfront Ventures
Upfront Ventures is a venture capital firm located in Los Angeles that focuses on investing in technology businesses. Their investment areas include digital media, SaaS, consumer internet, and retail innovation. The firm aims to support startups and emerging companies within these sectors. Their intended clients are technology-driven businesses seeking capital for growth and innovation.
Kleiner Perkins
Kleiner Perkins is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology and lifescience companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech with capital and operational support from seed through IPO or acquisition.
Founders Fund
Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages. The firm's partners have been founders and early funders of companies including PayPal, SpaceX, Palantir, Anduril, Airbnb, Stripe and Facebook. Founders Fund pursues a founder-friendly investment strategy, providing maximum support with minimum interference.
What's next for Density?
The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for Density. This capital infusion is expected to fuel further product development, enhance market penetration, and potentially expand the company's service offerings. With a clear focus on space optimization and usage-based services, Density is well-positioned to capitalize on the growing demand for intelligent building management solutions. The company's trajectory suggests a strategic push towards scaling its operations and solidifying its position as a leader in the smart building technology market.
See full Density company page
