About Waltz App
Waltz App is a Business Services company based in New York (United States) founded in 2015 by Matt Kopel, and was acquired by WeWork in June 2019. Smartphone-based access control is enabled for doors and turnstiles. It operates in the Business Services, Industrial Goods & Manufacturing, and Energy & Utilities sectors. Waltz App has raised $1.1 million across 1 funding round from investors including WeWork and OUTFRONT. The company was acqui-hired. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Building Security Management. Its competitors include MRI Software, HID Global and Happy; 2 of its 3 listed competitors have raised funding.
Company details
Waltz was established in 2015 in New York, United States, within the security technology sector. A mobile application is provided for Android and iOS platforms, facilitating entry to Waltz-enabled doors or turnstiles. Users are required to open the app and direct the phone screen toward the terminal for authentication. Operations center on delivering practical access solutions for various facilities.
- Headquarters New York, United States
- Founders Matt Kopel
- Stage Acquired
- SectorsBusiness ServicesIndustrial Goods & Manufacturing Energy & Utilities Real Estate & Construction
- Email••••••••
- Website waltzapp.com
- Social LinkedIn
- Acquired by WeWork (Jun 2019)
Funding Insights of Waltz App
Waltz App has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in April 2016. 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 $1.1M
- Total Rounds 1
- Last Round Seed — $1.1M
- First Round $1.1M
(Apr 2016)
- Investors Count 1
All 1 funding rounds of Waltz App with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2016 | $1.1M | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Waltz App
Waltz App has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include WeWork and OUTFRONT.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multichannel advertising inventory is provided in high-traffic locations. | 1984 | outfrontmedia.com | New York, United States | |
Flexible office and coworking spaces are provided by WeWork globally. | 2010 | wework.com | New York, United States |
Investor details for Waltz App
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People of Waltz App
1 people are tracked at Waltz App (1 in leadership).
| Name | Role | Group |
|---|---|---|
Matt Kopel | Ex-Founder | Leadership |
Complete people profiles for Waltz App
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Timeline of Waltz App
3 dated milestones of Waltz App across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Waltz App is founded.
- Funding First funding round of $1.1M.
- Exit Acquired by WeWork.
Competitors of Waltz App
Waltz App has 3 listed competitors in our database, 2 of them funded. They include MRI Software, HID Global and Happy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mrisoftware.com | 1971 | Solon, United States | $125M | 781 | Property management software is provided for residential and commercial properties. | |
| hidglobal.com | 1991 | Austin, United States | Cloud-based physical identity and access management systems are developed. | |||
| happy.co | 2011 | Carlsbad, United States | $78.77M | 30 | Software for property maintenance, asset management, and leasing is developed. |
Detailed competitors of Waltz App
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Top companies in Facility Management Platforms
3 companies that operate in the same segment as Waltz App (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | 2,458 | ||
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | 463 | ||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Related news about Waltz App
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Frequently Asked Questions about Waltz App
Waltz App was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Waltz App is headquartered in New York, United States. It is registered at New York, New York, United States.
Waltz App is a funded company, having raised a total of $1.1M across 1 funding round to date. The company's 1st funding round was a Seed of $1.1M, raised on Apr 2016.
Waltz was established in 2015 in New York, United States, within the security technology sector. A mobile application is provided for Android and iOS platforms, facilitating entry to Waltz-enabled doors or turnstiles. Users are required to open the app and direct the phone screen toward the terminal for authentication. Operations center on delivering practical access solutions for various facilities.
Waltz App's top competitors include HID Global, Happy and MRI Software.
Yes. Waltz App was acquired by WeWork in June 2019.