Locatee has already upended the workplace analytics market by proving the value for Forbes Global 2000 companies of leveraging existing IT infrastructure for office occupancy measurement as opposed to using manual counting, badge data or expensive sensors. Companies are pressed to enable new ways of work, reduce their footprint, and improve employee health, wellbeing, productivity and experience. Locatee’s capacities, generating data that brings together the built environment and the people that use it, play a huge role in supporting these challenges.

Today, Locatee is leading the occupancy analytics market that is estimated to grow to more than 5bn USD by 2025. This growth is underpinned by the transformation of the role of the office, which accelerated with the Covid-19 pandemic. New ways of working, the widespread adoption of hybrid work models in white-collar industries, and a renewed focus on people and the relationship between their work and the spaces they use to carry it, have given new meaning to the office – as the center of the company culture, collaboration and social interactions. This heightened attention on the employee experience in the office – after decades of open plans, cubicles, and high densities – will put the onus on businesses to experiment and validate their office spaces, and thus, to use real-time utilization data.

This growth funding round will enable Locatee to consolidate its leading position in this growing market, continue to unlock high value, high tier customers in its portfolio, and drive further value in the Locatee platform to support customers in their challenge to purposefully design and manage an ecosystem of workspaces, centered on people, employee experience, safety and productivity. Beyond office space optimization, consolidation and enrichment, the future of work will require businesses to orchestrate a myriad of spaces or “work points” with increasing complexity. Locatee will help businesses solve the tension between the right work experience, and the right investment in their spaces.