Waltz

Waltz Inc. operates as a technology firm focused on smartphone-based access control systems. Founded in 2015 by Matt Kopel and headquartered in New York City, the company developed a solution designed to replace traditional keycards with mobile credentials.

The core of Waltz's offering was a mobile application, available for both Android and iOS, that allowed users to gain entry to buildings and through turnstiles. The system functioned by having the user open the app and present their phone's screen to a Waltz terminal, which would then grant access. This technology was aimed at the commercial real estate market, offering a streamlined and dynamic access method for tenants and visitors in office buildings and other facilities. The business model centered on providing this technology as a service (SaaS) to property managers and enterprises, enhancing building security and operational efficiency.

The company's journey includes a significant funding milestone, having raised $1.1 million in a seed round on April 1, 2016, with investors including New Ground Ventures, New Europe Ventures, and Palm Ventures. A pivotal moment in its history occurred in June 2019 when Waltz was acquired by WeWork, a move intended to integrate its mobile entry technology across WeWork's portfolio of shared workspaces.

Keywords: mobile access control, smartphone entry systems, keyless entry, commercial real estate technology, proptech, access control as a service, smart building access, mobile credentials, WeWork acquisition, physical access control, secure mobile access, building security technology, waltzapp, Matt Kopel