AI-enabled space planner Smarten Spaces closes US$12M series A
Singapore-based Smarten Spaces, closed a US$12M Series A investment round today. The investment was led by leading Asia investor Symphony International Holdings Limited (Symphony).
Smarten Spaces platform looks to fill the gap with a one-stop solution for space owners and managers to digitize and manage their space. The company believes that the goal of smart building technology is not necessarily to add sophistication but to identify and systematically eliminate the inefficiencies within the experience and workflows that currently exist.
Since it started in 2017, Smarten Spaces rapidly acquired customers in Singapore and India. They developed one of the world’s first end-to-end AI platforms to disrupt a US$19.9 billion smart space industry. Currently, they focus on enterprise offices, real estate developers, coworking, co-living and other spaces of work and leisure. Their platform enables space owners to offer spaces that will improve productivity, reduce operational costs and offer conveniences to the end-users.