San Jose, California-based company Spintly has secured $2.5 million in its latest Pre-Series A funding round. The funding round was supported by Lets Venture, Kyto Technology, Accel Nest, SucSEED Innovation Fund, Dheeraj Pandey, Riso Capital, 91ventures, Defang Technology, Kyto Technology, and Life.
Spintly is a physical access control and smart buildings startup, and has identified expansion into the global market beginning from the United States, strengthening its Research and Development efforts, and delving into new market segments (Data Centres, Government, Residential, Education, Enterprise etc.) as some of the potential direction of the newly secured capital.
Spintly was cofounded in 2018 by Robin Parkar and Malcolm Dsouza to deliver a wireless, cloud-based access control platform which cancels out the need for key cards and elaborate wiring for access control.
The company’s product majorly serves those under managed commercial office spaces, co-working spaces, managed commercial office spaces, and small to medium-sized enterprises. Enterprises, co-working spaces, multi-dwelling residential complexes, banking/financial institutions, and the hospitality industry are all potential consumers of what Spintly offers.
As originally reported in (https://www.finsmes.com/2022/11/spintly-raises-2-5m-in-a-pre-series-a-funding.html)