What is Density?
Founded in 2013, Density has evolved into a pivotal player in the proptech and IoT sectors. The company specializes in occupancy monitoring, space optimization, and usage-based analytics, providing organizations with the granular data necessary to make informed real estate and operational decisions. Its platform is widely utilized across diverse verticals, including higher education, essential business operations, hospitality, and commercial real estate. By transforming physical movement into actionable digital intelligence, Density enables clients to maximize efficiency, reduce overhead, and enhance the overall user experience within their built environments.
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 01 Advisors, Launch, Founders Fund, Upfront Ventures, LPC Ventures, Kleiner Perkins Caufield & Byers, Alex Rodriguez, Alex Davis, and Ludlow Ventures
Unspecified (2021): $25M, investors not publicly disclosed
Series D (2021): $125M backed by Kleiner Perkins, Lachy Groom, Founders Fund, 01a, Upfront Ventures, and Altimeter Capital
Key Investors in Density
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.
Kleiner Perkins
Kleiner Perkins is a Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology and life-science companies, backing founders across consumer, enterprise, healthcare, and climate/hard tech.
Upfront Ventures
Upfront Ventures is a venture capital firm located in Los Angeles that focuses on investing in technology businesses, including digital media, SaaS, consumer internet, and retail innovation.
What's next for Density?
With this latest infusion of capital, Density is well-positioned to accelerate its product roadmap and expand its market footprint. The company's trajectory, marked by consistent growth from its Series A through its recent Series D, suggests a strategic focus on scaling its enterprise-grade solutions to meet the demands of a hybrid-work world. Future initiatives will likely center on deepening its analytical capabilities, enhancing sensor hardware, and broadening its reach into new global markets. As organizations continue to prioritize flexible and efficient space management, Density remains at the forefront of the digital transformation of the physical workplace.
See full Density company page
