Basking Automation
An AI and WiFi-based workplace occupancy analytics platform.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
N/A | Early VC | ||
| Total Funding | 000k | ||
| USD | 2021 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Basking Automation, founded in 2017, is a Berlin-based company providing a workplace analytics platform for corporate real estate (CRE) executives and facilities managers. The company was co-founded by CEO Eldar Gizzatov, whose background includes roles at Allianz X, Rocket Internet's Lendico, and Autodesk, blending experience in real estate, technology, and business development. His co-founder, Olmo Mezger, the first COO, brought expertise in IoT and Data Science from his time at the Innogy Innovation Hub, where the idea for Basking originated.
The firm targets enterprise clients, including Fortune 500 companies and major landlords, who need to optimize their real estate portfolios in response to flexible and hybrid work models. Basking's business model is centered on a software-as-a-service (SaaS) subscription that provides clients with data-driven insights into how their office spaces are actually used. Revenue is generated through these recurring subscriptions, which are positioned as an affordable and scalable solution.
Basking's core service leverages a company's existing IT infrastructure—primarily WiFi and LAN networks—as a sensor array to gather anonymized occupancy data. This “infrastructure-as-a-sensor” approach eliminates the need for costly and intrusive hardware installations, allowing for rapid deployment across a global portfolio, often within minutes. The platform analyzes this data to deliver real-time and historical insights on space utilization, from portfolio-wide trends down to specific floors and zones, presented through dashboards, heat maps, and automated reports. In July 2025, the company expanded its offering by launching LeaseOps, a platform module designed to streamline lease management by combining AI-powered document intelligence with collaborative approval workflows.
The company has secured funding from investors including Blue Field Capital, Aconterra, Future Energy Ventures, and Ray Wirta, the former CEO of CBRE. It is also an alumnus of the Colliers Techstars Proptech Accelerator, which led to a key partnership with Colliers International. This, along with technology partnerships with Cisco, HPE Aruba, and Siemens-owned Comfy, has been central to its market expansion.
Keywords: workplace analytics, corporate real estate technology, CRETech, PropTech, occupancy analytics, space utilization, real estate portfolio optimization, smart building, facility management software, WiFi analytics, lease management, office analytics, hybrid work solutions, Eldar Gizzatov, Techstars, commercial real estate, data-driven real estate, building automation, tenant experience, portfolio analytics, LeaseOps, real estate data