What is Locatee?
Locatee operates at the intersection of proptech and enterprise software, providing a sophisticated platform that transforms raw data into actionable space utilization insights. In an era where hybrid work models have redefined the utility of physical office footprints, Locatee offers the transparency required for organizations to optimize their real estate portfolios. By synthesizing occupancy data, the company enables stakeholders to make informed decisions regarding lease management, facility maintenance, and long-term infrastructure investment, effectively bridging the gap between physical space and digital efficiency.
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 Tomahawk.VC and FYRFLY Venture Partners
Unspecified (2021): $8.3M led by Swiss Immo Lab, Verve Ventures, Zurich Cantonal Bank, and SmartFin
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.
Verve Ventures
Verve Ventures is a network and technology-driven venture capital firm headquartered in Switzerland. It provides its pan-European network of selected private and institutional investors access to top-tier investment opportunities in digital, tangible, and health & bio startups.
Zurich Cantonal Bank
Zürcher Kantonalbank is a leading universal bank headquartered in Switzerland, serving the Zurich economic area with both Swiss roots and international reach. The bank provides comprehensive financial products including business financing and capital market transactions.
What's next for Locatee?
With this major strategic investment, Locatee is well-positioned to scale its operations and enhance its analytical capabilities. The company is expected to focus on deepening its integration with existing enterprise resource planning systems and expanding its footprint across international markets. As organizations continue to prioritize agility and cost-efficiency in their real estate strategies, Locatee's ability to provide granular, real-time visibility into office usage will likely serve as a primary driver for its next phase of growth. The firm remains focused on refining its proprietary algorithms to deliver even greater precision in space optimization, ensuring it remains at the forefront of the evolving workplace analytics landscape.
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