What is Locatee?
Locatee operates within the burgeoning field of workplace analytics, offering a sophisticated software platform designed to interpret and visualize intricate data sets related to office space usage. By converting raw data into clear space utilization metrics, Locatee empowers organizations to gain a comprehensive understanding of their real estate portfolio's efficiency. This capability is crucial for businesses aiming to optimize their physical environments, reduce operational costs, and enhance employee experiences in an evolving work landscape.
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, 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?
With substantial enterprise-level capital and a recent strategic investment, Locatee is poised for accelerated expansion and product development. The company's focus on providing deep space utilization insights positions it to capitalize on the growing demand for data-driven real estate management. Future endeavors will likely involve enhancing its analytics capabilities, expanding its market reach, and forging strategic partnerships to further solidify its position as a leader in the workplace intelligence sector. This infusion of financing is expected to fuel innovation and support the company's mission to redefine how businesses interact with their physical workspaces.
See full Locatee company page
