What is Locatee?
Locatee operates at the intersection of proptech and enterprise analytics, providing a sophisticated software platform that transforms complex building data into clear, actionable space utilization insights. By integrating with existing IT and building infrastructure, the company enables corporate real estate leaders to make informed decisions regarding their office portfolios. This capability is increasingly vital for global enterprises seeking to optimize their real estate footprint, reduce operational costs, and enhance the employee experience through data-backed workspace design. As a leader in the field, Locatee bridges the gap between static building management and dynamic, user-centric office environments.
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 SmartFin, Zurich Cantonal Bank, Swiss Immo Lab, and Verve Ventures
Key Investors in Locatee
Zurich Cantonal Bank
Zürcher Kantonalbank is a leading Swiss universal bank that provides comprehensive financial products and services, including business financing and capital market transactions, with a strong focus on supporting innovation across Europe.
Swiss Immo Lab
Swiss Immo Lab is a specialized investment firm that builds an ecosystem for innovation in real estate, focusing on seed and early-stage startups within the proptech, contech, and fintech sectors.
Verve Ventures
Verve Ventures is a technology-driven venture capital firm based in Switzerland that provides pan-European investment opportunities and strategic support to high-growth startups from Seed to Series B.
What's next for Locatee?
With the support of its latest financing, Locatee is well-positioned to scale its operations and deepen its market penetration. The strategic focus will likely center on enhancing the platform's predictive analytics capabilities and expanding its integration ecosystem to support more complex, multi-site global portfolios. As organizations continue to navigate the complexities of post-pandemic office utilization, Locatee's role as a provider of objective, data-driven insights will be critical. The company is expected to leverage its current momentum to solidify its leadership in the proptech sector, potentially exploring new geographic markets and further refining its suite of tools to meet the evolving needs of modern, agile enterprises.
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