Fundz

Butlr raised $38M in Series B funding led by Foundry to enhance its AI sensors for safer and more energy-efficient buildings.

PRIVATEAug 26, 2024

Amount Raised

$38 Million

Round Type

Series B

BurlingameSoftwareAnalyticsWireless

Investors

Foundry

Description

Butlr announced $38M in Series B funding to meet the increasing demand for its AI sensors that improve building safety and efficiency. The funding will support growth in senior living and workplace environments, leveraging advanced data analytics for better human interaction insights.

Quick answer

Butlr raised $38 Million in a Series B round, dated August 26, 2024. Investors: Foundry. Butlr is based in Burlingame, California, United States.

How much did Butlr raise?
Butlr raised $38 Million in a Series B round on August 26, 2024.
Who invested in Butlr?
Foundry is named as investors in this round.
What does Butlr do?
Butlr is the world’s first and only 100% anonymous people sensing and occupancy detection platform that helps enterprises all over the world improve their workplace planning and optimize their operations.
Where is Butlr based and how big is it?
Butlr is based in Burlingame, California, United States. Fundz records about 97 employees.
Who are the decision-makers at Butlr?
Fundz holds 2 contacts at Butlr. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Wireless around the same time

Companies in the same sectors as Butlr that raised within 45 days of this round, from Fundz verified event records.

  • MiLaboratories raised $10M (Series A) on October 10, 2024.
  • Datazip raised $1M (Seed) on October 10, 2024.
  • Vectorize raised $3.6M (Seed) on October 8, 2024.
  • StriveCloud raised $1.5M (Seed) on October 8, 2024.
  • Anyformat raised $570K (Pre-Seed) on October 7, 2024.
  • Beeline Holdings raised $56M on October 7, 2024.

Who to call at Butlr, and when

A new round usually means Butlr is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Butlr raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Butlr, from your own LinkedIn network

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Company Information

Company

Butlr

Location

Burlingame, California, United States

About

Butlr is the world’s first and only 100% anonymous people sensing and occupancy detection platform that helps enterprises all over the world improve their workplace planning and optimize their operations. Using just body heat and advanced AI technologies, Butlr understands presence and traffic without capturing any identities—ever.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Butlr raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Butlr raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.