Occuspace builds an occupancy intelligence platform for the built environment that uses plug-in WiFi and Bluetooth sensors and proprietary software to deliver real-time, AI-driven space utilization data. The sensors plug into wall outlets to avoid costly installations, and the company emphasizes a 100% anonymous, privacy-first approach. Occuspace serves dozens of Fortune 500 companies and more than 100 colleges and universities, and is expanding its service to higher education, corporate real estate, and government facilities in North America and Europe. Since launching from a university technology competition in 2017, the company has grown rapidly, reporting year-over-year growth of more than 100% since 2021. Occuspace says its data helps facility managers save thousands, if not millions, of dollars by reducing wasted space, improving efficiency, and lowering environmental footprints. The company has raised $14 million to date and positions its product as scalable for massive real estate portfolios. Occuspace is a Los Angeles-based developer of occupancy management technology led by CEO Nic Halverson. It provides an occupancy management solution that helps customers measure and optimize the use of their physical spaces to improve utilization, make informed operational decisions, reduce real estate costs, and enhance visitor experiences. The product features privacy-friendly IoT tracking technology and a consumer iOS and Android app, Waitz, which allow institutions, property owners, and patrons to monitor crowd levels in real time. Customers include UC San Diego, UCLA, Columbia University, Purdue University, Boston College, Baylor University, and others. The company raised $3.6M in Seed funding and plans to use the proceeds to enhance business development and further expand its business reach. Occuspace intends to continue expanding into corporate office, multifamily, travel, government, and retail verticals where it has established product-market fit.

Total raised

$10M

Funding rounds

2

Latest round

Series A

Latest activity

Mar 2025