# Building Robotics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/building-robotics

- Industry: Software
- Headquarters: Oakland, US
- Website: www.comfyapp.com
- Total disclosed funding: $20M
- Latest round: Series B (May 3, 2016)
- Investors on record: 9

## About

Building Robotics, Inc. develops innovative solutions for enhancing workplace environments, focusing on optimizing comfort and collaboration through technology-driven applications.Building Robotics, Inc. was founded in 2013 by Alvaro Ferrero, Ishita Gupta, and Santiago Ferrero. The company is located in Oakland, US, and specializes in solutions that enhance workplace flexibility and employee comfort. In June 2018, the company raised USD 12.00 mn in a Series B funding round led by Emergence Capital Partners, which was the total amount raised to date, valuing the company at USD 39.87 mn. The company has completed 4 deals to date, with the most recent deal occurring on June 26, 2018, when Siemens Aktiengesellschaft acquired Building Robotics, Inc. for an undisclosed amount. The current CEO is Stefan Schwab.Building Robotics, Inc. offers a comprehensive platform designed to support hybrid working models and enhance workplace flexibility. Its primary offerings include a user-friendly application that enables employees to find and book workspaces, connect with colleagues, and access various amenities seamlessly. This platform is engineered to optimize workplace management by empowering real estate teams to boost productivity and engagement through detailed space analytics. The solutions are applicable across various sectors, catering to corporate clients that seek to improve employee collaboration and comfort based on actionable insights derived from space utilization data. The products are utilized in diverse geographical markets, including North America, Europe, and Asia.Building Robotics, Inc. operates primarily on a subscription-based revenue model, where clients engage with the platform through various pricing plans tailored to their organizational needs. This transactional structure allows businesses to access the platform's features, including space analytics and employee collaboration tools, on an ongoing basis. Clients enter into contracts that stipulate the terms of service, including the duration of subscription and specific features included in their tier of service. The flagship offerings are designed to drive operational efficiencies, contributing to clients' bottom lines and generating stable income through subscriptions.Building Robotics, Inc. is focused on expanding its product line to include new features that will further enhance user experience and workplace management. The company aims to launch these enhancements in the near future, with efforts directed towards expanding into additional markets across Europe and Asia by the end of 2023. Recent funding from the Series B round will be utilized to support product development and market entry strategies, ensuring that the company can effectively meet the growing demand for agile workplace solutions.

## Funding rounds

- Series B, May 3, 2016, $12M — Emergence Capital, Claremont Creek Ventures, The Westly Group, M12, CBRE
- Series A, Sep 25, 2014, $6.7M — Claremont Creek Ventures, The Westly Group
- Seed, Nov 7, 2013, $1.1M — Claremont Creek Ventures, Navitas Capital, GV, Formation8, Red Swan Ventures

## Investors

- Claremont Creek Ventures (https://capitalatlas.ai/funds/claremont-creek-ventures) — Seed, Series A, Series B
- Navitas Capital — Seed
- GV (https://capitalatlas.ai/funds/gv) — Seed
- Formation8 (https://capitalatlas.ai/funds/formation8) — Seed
- Red Swan Ventures (https://capitalatlas.ai/funds/red-swan-ventures) — Seed
- The Westly Group (https://capitalatlas.ai/funds/the-westly-group) — Series A, Series B
- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series B
- M12 (https://capitalatlas.ai/funds/m12) — Series B
- CBRE — Series B