About Locatee
Locatee is a company based in Zurich (Switzerland) founded in 2013 by Benedikt Koppel and Thomas Kessler was acquired by Tango in March 2024.. Locatee has raised $12.29 million across 2 funding rounds from investors including Zurcher Kantonalbank, Tango and SmartFin. Locatee offers products and services including Portfolio Insights, Workplace Operations, and Smart Signage. Locatee operates in a competitive market with competitors including MRI Software, Landis+Gyr, GridPoint, Happy and Swell Energy, among others.
- Headquarter Zurich, Switzerland
- Founders Benedikt Koppel, Thomas Kessler
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Sectors
Business ServicesEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tango Analytics (Europe) Ag
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.29 M (USD)
in 2 rounds
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Latest Funding Round
$8.4 M (USD), Series A
Sep 22, 2021
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Investors
Zurcher Kantonalbank
& 6 more
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Employee Count
Employee Count
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Acquired by
Tango
(Mar 05, 2024)
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Products & Services of Locatee
Locatee offers a comprehensive portfolio of products and services, including Portfolio Insights, Workplace Operations, and Smart Signage. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Monitors building occupancy and identifies consolidation opportunities for cost savings.
Aligns workspace supply with demand using granular data for efficient management.
Helps employees find available workspaces in real-time for better office navigation.
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Funding Insights of Locatee
Locatee has successfully raised a total of $12.29M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8.4 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $8.4M
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First Round
First Round
(08 May 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - Locatee | Valuation | SmartFin | |
| May, 2020 | Amount | Series A - Locatee | Valuation | Tomahawk VC , Fyrfly Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Locatee
Locatee has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Zurcher Kantonalbank, Tango and SmartFin. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth-stage tech investments in Europe are managed by SmartFin.
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Founded Year | Domain | Location | |
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Venture capital firm focused on science and tech-driven startups
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Founded Year | Domain | Location | |
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Early-stage US companies are invested in by Fyrfly Venture Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Locatee
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Locatee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Locatee Comparisons
Competitors of Locatee
Locatee operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MRI Software, Landis+Gyr, GridPoint, Happy and Swell Energy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Provider of data-driven energy management solutions
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| domain | founded_year | HQ Location |
Software for property maintenance, asset management, and leasing is developed.
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| domain | founded_year | HQ Location |
Reseller and installer of energy storage devices
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| domain | founded_year | HQ Location |
Provider of cloud-enabled property automation and access control solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Locatee
Frequently Asked Questions about Locatee
When was Locatee founded?
Locatee was founded in 2013 and raised its 1st funding round 7 years after it was founded.
Where is Locatee located?
Locatee is headquartered in Zurich, Switzerland.
Who is the current CEO of Locatee?
Thomas Kessler is the current CEO of Locatee. They have also founded this company.
Is Locatee a funded company?
Locatee is a funded company, having raised a total of $12.29M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.89M, raised on May 08, 2020.
What does Locatee do?
Founded in 2013 in Zurich, Switzerland, Locatee operates in the real estate technology sector. Cloud-based tools are provided for managing commercial spaces, including employee features like colleague, room, and desk finders. Facility managers are supported in assigning spaces and rooms, while corporate real estate agents can track and monitor portfolios through dedicated solutions. Operations focus on enhancing workplace efficiency across global commercial settings.
Who are the top competitors of Locatee?
Locatee's top competitors include Landis+Gyr, Happy and Smart Joules.
What products or services does Locatee offer?
Locatee offers Portfolio Insights, Workplace Operations, and Smart Signage.
Who are Locatee's investors?
Locatee has 7 investors. Key investors include Zurcher Kantonalbank, Tango, SmartFin, Verve Ventures, and Fyrfly Venture Partners.