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Locatee takes 7.1 million euros

Zürich, September 2021

Locatee was able to secure 7.1 million euros in a financing round. The start-up has developed software with which the occupancy of office space can be recorded fully automatically. This should help to optimize the use of space.

Locatee was able to secure fresh capital in the amount of 7.1 million euros in a financing round, according to a media release . Venture capitalists such as SmartFin , Verve Ventures , FYRFLY Venture Partners , Tomahawk VC , Swiss Immo Lab and Zürcher Kantonalbank have invested.

The Zurich start-up has developed software that can be used to optimize the use of space in office buildings. The software obtains the necessary data for the utilization from existing IT infrastructures, motion sensors or WLAN networks.

The solution is intended to help real estate managers in large companies to make fact-based decisions about their office buildings. Employees can also benefit from the software. For example, you can see where free desks can be found.

Locatee expects the occupancy analysis market size to grow to more than $ 5 billion by 2025. This is also related to the change in the role of offices, which the COVID-19 pandemic has accelerated significantly.

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