Innerspace closes $3.2 million seed round led by BDC’s Women in Tech Fund
Summary
“We spend 80 percent of our time indoors and yet the minute you walk inside, Google doesn’t know where you are,” Cerys Goodall, Innerspace’s chief marketing officer, told BetaKit. “It seems like a problem that should be solvable but for whatever reason wasn’t happening…because the tech was too highly customized or too difficult to obtain.” With this seed funding, the company stated that it is ready to disrupt the market with support from its investors and backers. RELATED: Six months in the Valley: Our crash course in 500 Startups Innerspace’s platform uses internet-of-things (IoT) and artificial intelligence technology to offer analytics, insights, and predict future behaviors of how people will use indoor spaces. Since then, Innerspace has seen its most growth over the past three years, with customers spanning coworking spaces, large tech companies, property management firms, and sporting stadiums. “Its impressive roster of marquis clients and proven technology positions the company well for continued growth and success.” The reason Innerspace, founded by three men, received women in tech-specific funding was because of Goodall.