Butlr Raises $38M Series B Funding; AI Sensors Transform Buildings Into Safer, Energy Efficient, Collaborative Centers for Working and Living
Summary
To date, the company has raised $68 million with Foundry as the lead investor for Series B.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 buildings interior space is used for working and living. Butlr insights enable care teams to respond faster, mitigate the impact of acute health risks, and ensure compliance while helping address the labor shortage through more efficient use of staff. The infusion of funding and the release of our new products enables Butlr to strategically scale and respond to customer demand across a variety of industries, most notably senior care.Butlr is an MIT Media Lab spinout that fuses artificial intelligence with body heat sensing technology to build patented sensors and an anonymous people-sensing platform. Using thermal insights, Butlr technology understands subtle movements in a space, accurately discerns activity, occupancy, indoor location, and body posture yet is purposely designed to be incapable of capturing personally identifiable information. Butlr spatial insights are used by some of the worlds largest companies in hospitality, senior living, health care, commercial real estate, retail, and public transportation to inform decisions regarding space occupancy and utilization, user experiences, patient safety, compliance, staffing, and ensuring buildings are operating with high efficiency and sustainability.