Funding: $38 million in Series B funding secured with an emphasis on growth in the senior living community sector
“Our focus for this strategic funding is to continue to support enterprise customers and meet the strong demand for our technology in senior care.”Honghao Deng, CEO and co-founder, Butlr Burlingame, Calif. – August 26, 2024 – Butlr, a physical AI (PAI) startup, today announced $38M in Series B funding to meet the increasing demand for its sensors and anonymous data that can be used in any building to better understand how humans interact in a space. This results in more collaborative, energy efficient and safer buildings where people work and live. Butlr’s primary customers are in senior living communities and workplaces, with a growing interest among brick-and-mortar retailers. 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…