HomeUSAOccuspace Raises $6M in Series A Funding

Occuspace Raises $6M in Series A Funding

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Occuspace

Occuspace, a Westlake Village, CA-based provider of an occupancy intelligence platform for the built environment, raised $6M in Series A funding.

The round was led by Lewis & Clark Ventures with participation from Shadow Ventures, Okapi Ventures, Cove Fund, and Hamilton Ventures, bringing the total amount to $14M.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO Nic Halverson, and CTO Nick Rau, Occuspace is an occupancy intelligence platform for the built environment. Designed to help organizations optimize space utilization, this AI-empowered technology improves efficiency, drives decision-making, and enhances the workplace experience. The technology gives real estate decision-makers a tool to understand how space is used. Its WiFi and Bluetooth sensors are plugged into wall outlets. Using proprietary software, facility managers start getting accurate, actionable data on space usage within minutes, leading to insights that can save money and time. Occuspace also provides workplace measurement technology to guarantee occupant privacy.

The company serves a diverse range of real estate sectors, including higher education, commercial real estate, and government in North America and Europe.

FinSMEs

17/03/2025

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