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§ Private Profile · Zurich, Switzerland
Locatee is a technology company.
Locatee provides a workplace analytics solution that transforms complex, real-time occupancy data into actionable insights for corporate real estate portfolios. Its platform enables organizations to understand space utilization and employee presence patterns, facilitating data-driven decisions. The technology integrates various data sources to offer a comprehensive view of how office spaces are being used, aiming to optimize physical environments for productivity and efficiency.
Thomas Kessler and Markus Joukl founded Locatee in 2015. Their founding insight centered on the need for companies to optimize their office spaces and enhance the employee experience through objective data. The founders recognized the growing challenge of managing large, dynamic real estate portfolios without clear metrics on actual usage.
The company serves global enterprise customers seeking to manage their real estate more effectively. Locatee’s product helps these organizations make informed adjustments to their workplace strategies. Its long-term vision is to shape the future of hybrid work models by empowering businesses with the intelligence needed to create flexible and efficient work environments.
Locatee has raised $12.0M across 2 funding rounds.
Locatee has raised $12.0M in total across 2 funding rounds.
Locatee has raised $12.0M in total across 2 funding rounds.
Locatee's investors include Jürgen Ingels, Acton Capital Partners, Atomico, AXA Strategic Ventures, Energize Ventures, Fifth Wall, Fyrefly VC, Pareto Holdings, Thayer Ventures, Tomahawk.VC, Swiss%20Immo%20Lab, Verve Ventures.
Locatee AG is a Zurich-based technology company specializing in workplace analytics software that aggregates data from Wi-Fi, Ethernet, sensors, and other sources to deliver real-time and historical insights into office space utilization.[1][2][3][4] It serves corporate real estate managers, facility teams, and organizations with global office portfolios, helping them optimize space, cut costs (e.g., 10% lease savings for Swiss Re, 20% cleaning reductions for FHNW), and enhance hybrid workplace experiences for clients like EY, Swiss Re, Swiss Post, Zurich Insurance, and Biogen across 60+ countries and 6 continents.[2][7][8] The platform solves post-pandemic challenges like hybrid work by enabling fact-based decisions on portfolio rightsizing, occupancy monitoring, smart operations (e.g., cleaning, HVAC, navigation), and employee satisfaction through patented visualization tools like color-coded floor maps and heatmaps.[1][3][6][8]
Locatee demonstrated strong growth, raising $12M in funding before its acquisition by U.S.-based Tango Analytics in March 2024, reflecting robust momentum in the proptech space.[3]
Locatee was founded in 2013 in Zurich, Switzerland, by Thomas Kessler and Benedikt Köppel as a side project, evolving from their recognition of corporate real estate challenges in a shifting work landscape.[1][3] The duo transitioned to full-time roles after securing an initial funding round and notable support, marking early traction amid rising demand for data-driven workspace insights.[1] Pivotal moments included developing patented technology for multi-source data processing and building a partner ecosystem with firms like Cisco, Regent, and Aremis to enable smart buildings.[2][3][4] By leveraging existing IT infrastructure for scalable deployment, Locatee quickly gained adoption among multinational enterprises, culminating in its 2024 acquisition by Tango Analytics.[3][7]
Locatee's edge lies in its scalable, non-intrusive analytics platform, distinguishing it from sensor-heavy competitors like Density or Butlr.[3][4][7]
With 3 patents in GPS navigation, networking, and remote desktop tech, Locatee holds intellectual property advantages.[3]
Locatee rides the hybrid work and proptech wave, capitalizing on post-COVID shifts where 70-80% office utilization drops demand data-driven optimization amid $trillions in global CRE portfolios.[7][8] Its timing aligns with smart building trends, integrating IoT and AI for occupant-centric spaces, fueled by market forces like remote work persistence, sustainability mandates, and cost pressures on CFOs.[2][7] By enabling 10-20% savings in leases, cleaning, and fit-outs, it influences the ecosystem through partnerships (e.g., Cisco) and adoption by Fortune 500 firms, pushing competitors toward hybrid analytics and accelerating CRE digital transformation.[2][8] The 2024 Tango acquisition positions it to expand U.S. reach, blending Swiss precision with American scale in a market projected to grow as enterprises consolidate offices.[3]
Under Tango Analytics, Locatee will likely deepen integrations with facilities management software, targeting explosive growth in AI-enhanced CRE amid hybrid norms and economic scrutiny.[3][7] Trends like generative AI for predictive occupancy, stricter ESG reporting, and Web3-enabled space marketplaces will shape its path, potentially evolving into a full-stack proptech platform influencing global standards for workspace intelligence.[7] As CRE leaders prioritize data over intuition, Locatee's acquisition trajectory signals sustained impact—transforming "complex data into space utilisation insight" from a startup promise to an industry cornerstone.[1][2]
Locatee has raised $12.0M across 2 funding rounds. Most recently, it raised $8.0M Series B in September 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2021 | $8M Series B | Jürgen Ingels | Acton Capital Partners, Atomico, AXA Strategic Ventures, Energize Ventures, Fifth Wall, Fyrefly VC, Pareto Holdings, Thayer Ventures, Tomahawk.vc, Swiss%20immo%20lab, Verve Ventures, Z%C3%BCrcher%20Kantonalbank | Announced |
| May 1, 2020 | $4M Series A | Fyrefly VC, Tomahawk.vc | Acton Capital Partners, Atomico, AXA Strategic Ventures, Energize Ventures, Fifth Wall, Pareto Holdings, Thayer Ventures | Announced |