What is Locatee?
Locatee operates within the burgeoning field of workplace analytics, offering a sophisticated software solution designed to interpret and visualize intricate data sets related to office space utilization. By converting raw data into clear insights, Locatee empowers organizations to gain a comprehensive understanding of their real estate efficiency. This capability is crucial for businesses looking to optimize their physical environments, reduce operational costs, and enhance employee experience in an evolving work landscape. The company's technology addresses a critical need for data-driven decision-making in corporate real estate management.
How much funding has Locatee raised?
Locatee has raised a total of $12.3M across 2 funding rounds:
Series A
$4M
Unspecified
$8.3M
Series A (2020): $4M with participation from FYRFLY Venture Partners and Tomahawk.VC
Unspecified (2021): $8.3M led by Swiss Immo Lab, Zürcher Kantonalbank, SmartFin, and Verve Ventures
Key Investors in Locatee
Swiss Immo Lab
Swiss Immo Lab builds an ecosystem for innovation in real estate. Established by strategic partners from the construction & real estate industry who invest in seed & early-stage startups from proptech, contech and fintech.
Zürcher Kantonalbank
Zürcher Kantonalbank is a leading universal bank headquartered in Switzerland, serving the Zurich economic area with both Swiss roots and international reach. Founded in 1870, this independent, incorporated public-law institution of the Canton of Zurich has received top ratings from major rating agencies. Zürcher Kantonalbank offers a comprehensive range of financial products and services including business financing, asset and wealth management, trading, capital market transactions, deposits, payment transactions, and card services. The bank also provides investment and retirement provision solutions for both individual clients and distribution partners. With a strong digital presence including mobile banking applications, Zürcher Kantonalbank serves both business and consumer markets across Europe and the Asia-Pacific region.
Verve Ventures
Verve Ventures is a network and technology-driven venture capital firm headquartered in Switzerland. Founded in 2010, Verve Ventures has grown to more than 45 team members and has become one of the most active venture investors in Europe with over 140 technology and science-driven startups in its portfolio. A dozen investment professionals identify the most promising digital, tangible, and health & bio startups. Verve Ventures provides its pan-European network of selected private and institutional investors access to those top-tier investment opportunities. The company invests from EUR 500k to several million from Seed to Series B and beyond across Europe. Verve Ventures’ dedicated team helps startups with their most pressing needs such as hiring, client introductions and access to an expert network of high-profile individuals. To become part of Verve Ventures’ growing network of entrepreneurs and investors, visit verve.vc.
What's next for Locatee?
The recent major strategic investment signals a pivotal phase for Locatee, likely enabling accelerated product development, market expansion, and enhanced sales and marketing efforts. This capital infusion is expected to bolster the company's competitive edge in the workplace analytics sector, allowing for further innovation in data processing and insight generation. Locatee is well-positioned to capitalize on the increasing demand for smart building technologies and data-driven workspace strategies, aiming to solidify its role as a leader in optimizing corporate real estate utilization.
See full Locatee company page
