# Smarten Spaces Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smarten-spaces-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.smartenspaces.com/
- Total disclosed funding: $12M
- Latest round: Series A (Sep 12, 2020)
- Investors on record: 1

## About

Based in Singapore, Smarten Spaces Pte Ltd specializes in innovative workspace management solutions, utilizing artificial intelligence to enhance office efficiency and tenant engagement across various sectors.Smarten Spaces Pte Ltd, founded in 2017 in Singapore, focuses on advanced workspace management solutions. The company was established by Anushka Verghese, Dinesh Malkani, and Prithvi Shergill, with Dinesh Malkani serving as the CEO. In September 2020, Smarten Spaces raised USD 12 mn in Series A funding led by Symphony International Holdings, bringing the total amount raised to USD 12 mn and valuing the company at USD 123 mn post-money.Smarten specializes in innovative workspace management solutions that leverage artificial intelligence to optimize office spaces, enhance tenant engagement, and create effective learning environments. Their primary offering, SpaceOnAI, forecasts demand and streamlines space utilization across sectors like commercial real estate, global capability centers, and educational institutions. By integrating advanced analytics and AI-driven insights, these solutions address challenges in space allocation and employee satisfaction, catering to a diverse clientele in North America, Europe, and Asia-Pacific.In the most recent year of 2023, Smarten Spaces reported a revenue of USD 2.68 mn, with an EBITDA of USD -1.16 mn. The company generates revenue through subscription-based models and partnerships, offering solutions like SpaceOnAI under contracts with recurrent fees, thus focusing on B2B interactions.Following the Series A funding raised in September 2020, Smarten Spaces plans to expand its development center and engineering team in Singapore and India, focusing on enhancing artificial intelligence capabilities. The company aims to launch new products designed for workspace optimization and plans to enter additional markets in North America and Europe by 2025.

## Funding rounds

- Series A, Sep 12, 2020, $12M — Symphony International Holdings

## Investors

- Symphony International Holdings (https://capitalatlas.ai/funds/symphony-international-holdings) — Series A