# Butlr Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/butlr-technologies

- Industry: Software
- Headquarters: Burlingame, US
- Website: www.butlr.io/
- Total disclosed funding: $70M
- Latest round: Series B (Dec 19, 2024)
- Investors on record: 24

## About

Butlr Technologies Inc. is a US-based company specializing in AI-driven solutions for intelligent buildings, utilizing innovative thermal wireless sensors to provide insights on occupancy and activity levels in various environments.Founded in 2019 and headquartered in Burlingame, US, Butlr Technologies Inc. provides smart solutions through thermal sensing technology. The company has raised a total of USD 7.00 mn in funding, with its latest round concluded in April 2025, where it secured funding from Wistron Corporation, Ricoh, and Taiwan Global Angels. The CEO is Honghao Deng and the founder is Jiani Zeng, who previously founded other technology ventures.Butlr is a leading provider of AI-powered solutions for intelligent buildings, primarily through its innovative thermal wireless sensors. These sensors facilitate 100% anonymous, heat-based sensing, enabling organizations to gain real-time insights into occupancy and activity levels within various spaces, such as offices, retail environments, and public facilities. Key use cases include optimizing space utilization, enhancing operational efficiency, and improving health and safety standards through smart cleaning schedules. Butlr’s technology is designed to be privacy-centric, as it does not capture personally identifiable information, earning the trust of notable enterprises in sectors such as telecommunications, cloud computing, and social media. The company serves a broad international client base, with deployments in 22 countries across North America, Europe, and Asia, exemplifying its global reach and adaptability in diverse market environments.Butlr generates revenue primarily through partnerships and B2B transactions, leveraging its API-first data platform to provide clients with a seamless experience in accessing and utilizing data insights. The firm collaborates with significant organizations to deploy its thermal sensors, enabling clients to pull actionable data and alerts through dedicated integrations with their existing systems. Revenue may stem from subscription models, where clients pay for ongoing access to the platform and sensor data, as well as potential one-time fees for the installation of the wireless sensors in their facilities. With a focus on enterprise clients, Butlr's offerings are tailored to large-scale deployments, allowing businesses to efficiently manage and analyze occupancy metrics to maximize the return on their corporate real estate investments.In April 2025, Butlr Technologies Inc. raised USD 7 mn in venture funding from new investors Wistron Corporation and Ricoh, with returning investor Taiwan Global Angels also participating. The company plans to utilize this funding to accelerate its global expansion and enhance its 'office as a product' solution while entering new segments such as senior care, retail, and higher education campuses.

## Funding rounds

- Series B, Dec 19, 2024, $4.3M — SBI Investment
- Series B, Aug 14, 2024, $38M — Foundry Group, Qualcomm Ventures, DNX Ventures, GS Futures, Carrier Global Corporation, Taiwan Global Angels
- Series A, Jul 26, 2022, $20M — Tiger Global Management, E14 Fund, Hyperplane Venture Capital, Tectonic Ventures, Union Labs, Primetime Partners, Ray Stata, Carrier Global Corporation
- Seed, Apr 22, 2021, $7.4M — 500 Global, Founder Collective, SOSV, HAX, E14 Fund, Hyperplane Venture Capital, Tectonic Ventures, Union Labs, Constellar Ventures
- Seed, Jun 9, 2020 — Band of Angels, Emerging Ventures, 500 Global, SOSV, E14 Fund, Ventek Ventures, Constellar Ventures, Particle Accelerator Limited, ARK CANADA INVESTMENT LTD.

## Investors

- Band of Angels (https://capitalatlas.ai/funds/band-of-angels) — Seed
- Emerging Ventures (https://capitalatlas.ai/funds/emerging-ventures) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- E14 Fund (https://capitalatlas.ai/funds/e14-fund) — Seed, Series A
- Ventek Ventures — Seed
- Constellar Ventures — Seed
- Particle Accelerator Limited — Seed
- ARK CANADA INVESTMENT LTD. — Seed
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- HAX — Seed
- Hyperplane Venture Capital (https://capitalatlas.ai/funds/hyperplane-venture-capital) — Seed, Series A
- Tectonic Ventures (https://capitalatlas.ai/funds/tectonic-ventures) — Seed, Series A
- Union Labs (https://capitalatlas.ai/funds/union-labs) — Seed, Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- Primetime Partners (https://capitalatlas.ai/funds/primetime-partners) — Series A
- Ray Stata — Series A
- Carrier Global Corporation — Series A, Series B
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series B
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series B
- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Series B
- GS Futures (https://capitalatlas.ai/funds/gs-futures) — Series B
- Taiwan Global Angels (https://capitalatlas.ai/funds/taiwan-global-angels) — Series B
- SBI Investment (https://capitalatlas.ai/funds/sbi-investment) — Series B