XY Sense builds a privacy-preserving occupancy sensor and analytics platform that captures 100% anonymous, real-time occupancy and people-movement data with sensors that update every two seconds and locate occupancy to within about 1 foot. Its sensors deliver extensive coverage (about 1,000 sqft / 20 desks per sensor) and claim to use 50–75% fewer sensors versus competitors, reducing rollout costs and improving sustainability metrics. The platform is used by major customers including CBRE, Xero, Mirvac and Fidelity International and now powers workplaces in 14 countries. Since launching in Australia in 2020, the company has seen rapid adoption post-COVID-19 as employers reassess real estate strategies. Financially, XY Sense reported a 300% revenue increase in 2021 following global rollouts and had doubled its annual revenue as of June 30, 2022. The company is ramping inventory and supply to meet strong international demand while emphasizing fast dispatch times despite supply-chain challenges.

Total raised

$10M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jul 2022