Locatee

Locatee

Measures the utilisation of an office space.

  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor investor investor investor

€0.0

round
investor

€0.0

round
N/A

€0.0

round
investor investor

€0.0

round
investor investor investor investor investor investor

€0.0

round
investor

€0.0

round
*

N/A

Acquisition
Total Funding000k

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20182019202020212023
Revenues00000000000000000000
% growth-142 %59 %74 %-
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

Notes (0)
More about Locatee
Made with AI
Edit

Locatee AG provides workplace analytics to large organizations, offering a detailed view of office space utilization. The company was established in Zurich, Switzerland, in 2013 by Thomas Kessler and Benedikt Köppel. Köppel, with a background in Electrical Engineering and Information Technology from ETH Zurich, brought technical expertise to the venture. The firm's journey includes winning the first stage of Venture Kick in 2014 and securing a Series A funding round of $8.4 million in 2021, led by SmartFin.

The company's core business revolves around a Software-as-a-Service (SaaS) platform that helps corporate real estate managers make data-driven decisions. By aggregating and analyzing data from existing IT infrastructure like Wi-Fi, Ethernet networks, and sensors, Locatee provides insights into how workspaces are used without requiring extensive new hardware installations. This allows clients to optimize their real estate portfolios, identify cost-saving opportunities, and improve the overall workplace environment for employees. The platform visualizes occupancy trends through interactive dashboards, showing metrics on building, floor, zone, and workstation levels. Clients are typically large, global enterprises, and the company has deployed its solution in over 60 countries.

In a significant milestone, Locatee was acquired by Tango, a U.S.-based provider of cloud-based real estate and facilities management software, in March 2024. This acquisition positioned Locatee's Zurich office as Tango's European headquarters, expanding the combined entity's reach to over 500 customers across more than 140 countries. Following the acquisition, co-founder Benedikt Köppel transitioned to the role of Chief Innovation Officer at Tango, continuing to leverage his expertise in the built environment. The integration aims to combine Locatee's granular occupancy data with Tango's broader real estate management solutions, offering a more comprehensive tool for the entire real estate lifecycle.

Keywords: workplace analytics, space utilization, corporate real estate management, occupancy data, proptech, SaaS, office analytics, real estate technology, smart building, portfolio optimization, facility management, workspace intelligence, data-driven real estate, employee experience, cost savings, IT infrastructure data, building occupancy, space management, hybrid work, CRE technology

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Book a Demo