Butlr Announces Investments from Ricoh, Wistron and TGA

Burlingame, Calif. – April 2, 2025 – Butlr, a leader in physical AI (PAI) technology, today announced completion of the investments round from Ricoh(Announced in January), Wistron and Taiwan Global Angels for a total of $75M in funding to date. Through its patented technology, AIsensors and data that anonymously understand how humans interact and use indoor space for working and living, Butlr has sparked an untapped ecosystem for the built environment.

‍

Buildings are the world’s largest user interface, with billions of people entering or exitingone or several throughout the day. Yet the ability to understand how suitable the building is for their needs, and how those needs impact sustainability, were previously only possible using digital tools that require privacy tradeoffs, such as cameras. Now, within minutes of installing Butlr sensors, commercial real estate (CRE) landlords and tenants have original, anonymous and accurate insights into building occupancy and usage.

‍

“Our mission is to provide insight into every commercial building without compromising individual privacy. Only through a true understanding of how a building is used can improvements be made to transform it to meet the needs of its occupants, instead of having humans conform to the building,” said Honghao Deng, CEO and co-founder, Butlr. “The latest investments allow us to accelerate our global presence and continue to deliver our ‘office as a product,’ solution while expanding into additional segments including senior care, retail and higher ed campuses.”

‍

Seizing a global prop tech market opportunity

Butlr is seizing the global property tech (proptech) market, which is poised for continuedgrowth as it reaches $114.8 billion by 2033, according to IMARC Group. The fastest-growing market is the Asia-Pacific region, with an anticipated compound annual growth rate (CAGR) of 17.3% through 2030.

‍

Further, CBRE’s Global Workplace & Occupancy Insights 2023 survey found a massive shift among CRE leaders to measure and improve the workplace experience. As a result, workplace leaders are prioritizing experience within their technology strategy. Butlr is keenly positioned to meet these needs and will continue to expand its global presence in the workplace and senior care communities, with exceptional growth in Japan over the past year.

‍

Butlr’s strategic investors span the globe with portfolios that reflect the needs of the workplace, the built environment, sustainability and the future of commercial real estate.The estimated value of the global commercial real estate market was over $38.5 trillion dollars in 2024, up from $36.7 trillion the previous year, according to January 2025 data from Statista. With customers throughout North America, Europe and Asia, Butlr’s data is influencing decisions made by some of the world’s largest employers and CRE leaders regarding leasing and buying, facilities management, sustainability, renovations and retrofits, and design and layout.

‍

Read full coverage at Silicon Valley Business Journal.