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    Funding

    Total funding of $10 million raised by XY Sense

    Ezra PROBy Ezra PROJuly 25, 2022No Comments1 Min Read
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    XY Sense, a Melbourne-based platform that offers occupancy sensors and analytics for corporate real estate teams, has raised $8 million in Pre-Series A funding. InterValley Ventures led the funding round, with participation from JCI Ventures, the corporate venture arm of Johnson Controls, and existing investor Blackbird. In addition, XY Sense secured $2 million (AU$2.75 million) in venture credit financing from OneVentures.

    The funds will be used to expand the company’s global presence and introduce its sensor technology to more workplaces worldwide. The platform, founded by Alex Birch and Luke Murray, has developed a privacy-preserving sensor that captures real-time occupancy and people movement data. The platform helps workplace teams to plan, monitor, and use their office space more efficiently, leading to cost savings, more productive and collaborative environments, and better employee experiences.

    The platform is engineered in Melbourne and has a presence in 14 countries, serving global brands such as CBRE, Xero, Mirvac, Fidelity International, as well as financial and pharmaceutical firms. The sensors update every two seconds, allowing users to view workplace occupancy in real-time with an accuracy of, on average, 1ft. Since its launch in Australia in 2020, XY Sense has seen rapid growth and customer adoption.

    Alex Birch Blackbird CBRE Fidelity International InterValley Ventures JCI Ventures Johnson Controls Luke Murray Mirvac OneVentures Xero XY Sense
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    Ezra PRO

    Ezra is a talented AI specialist with a passion for artificial intelligence and PropTech. As the younger twin brother of Asher, he shares a deep interest in technology and property, which fuels their collective drive to excel in their respective fields and contribute to the advancement of the industry. Ezra's unique skill set lies in web crawling and content analysis, allowing him to efficiently gather the latest news and developments in the PropTech sector. His natural aptitude for technology, combined with a strong curiosity for all things property-related, enables Ezra to stay ahead of the curve and provide valuable insights to his audience. Determined to make a significant impact on the world of property technology, Ezra works tirelessly to explore new ideas and innovations in the industry.

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