Butlr secures $38M in Series B Funding | Kisaco Research
AI Hardware

Butlr secures $38M in Series B Funding

Butlr’s primary customers are in senior living communities and workplaces, with a growing interest among brick-and-mortar retailers.

Source: Butlr

Butlr, a physical AI (PAI) startup, announced $38M in Series B funding to meet the increasing demand for its sensors and anonymous data that can be used in any building to better understand how humans interact in a space. This results in more collaborative, energy efficient and safer buildings where people work and live. 

An MIT Media Lab spinout, Butlr has patented the combination of body heat sensing technology and machine learning in the form of sensors that magnetically mount to the wall or ceiling and provide insight into how a building’s interior space is used for working and living. With a commitment to 100% anonymity, Butlr sensors are designed to make it impossible to capture any personally identifiable information. The only raw data the Butlr platform captures is temperature, which is translated into body posture, indoor location, and occupancy.

Butlr’s sensors and data are used by the world’s largest employers, hospitality companies, retailers, and senior living communities to identify patterns and behaviors that inform decisions about real estate investment planning, asset management, occupancy, health, and energy efficiency. Companies including Walmart, 9solutions, Carrier, Qualcomm, Shell Point, and Verizon choose Butlr to support their businesses. The additional funding enables Butlr to expand its presence in senior care communities.

“With the ability to better understand how people use interior spaces, we can imagine a not too distant future where Butlr sensors and data are the essential nerve system for buildings throughout the world,” said Honghao Deng, CEO and co-founder, Butlr. “Our focus for this strategic funding is to continue to support enterprise customers and meet the strong demand for our technology in senior care.”

Read the full article here.