Individual InvestorsEmployee Shareholders Institutional InvestorsPrivate Companies Accredited InvestorsSeed & Angel InvestorsAsset Managers & Hedge FundsFamily OfficesVenture Capital FirmsWealth Managers & RIAsWho We Serve Trading Data Liquidity Programs Retirement Individual InvestingForge MarketplaceFind new private company investment opportunities​Browse CompaniesInstitutional TradingForge ProTrade private companies with Forge’s institutional brokerage tool​Forge PriceA proprietary indicative price, calculated daily, for approximately 200 pre-IPO companiesForge DataAnalyze private markets via Forge’s intuitive web application​Forge Private Market Index​Monitor a benchmark for actively traded private companies ​Forge Accuidity Private Market Index​Invest in an institutionally-managed diversified basket of private companies (QPs only)​Liquidity ProgramsRetain and reward employees with company-sponsored liquidity solutions like tender offers and customized programsSelf-Directed IRAForge TrustInvest in private companies and other alternative assets through a tax-advantaged Self-Directed IRAWhat We Do All insights Reports and highlights News and trends Private market education Tips and tutorials Forge Investment OutlookPrivate Market UpdatesIPO calendarPrivate Magnificent 7Emerging trendsPrivate company newsUpcoming IPOsAll guidesPrivate market basicsPrivate shares transactionsValuations, pricing and market trendsSelling in the private marketFAQsGlossaryCompany page and tradesProof of ownershipBid and ask submissionsForge fund offeringsInsights About UsLeadershipInvestor RelationsPeople & CultureCareers About
Log InSign Up
Who We Serve
What We Do
Insights
About
Who We Serve
Individual Investors
Institutional Investors
What We Do
Trading
Individual Investing
Institutional Trading
Data
Liquidity Programs
Retirement
Self-Directed IRA
Insights
Reports and highlights
News and trends
Private market education
Tips and tutorials
About
Log In
Sign Up
Secondary marketplace / Explore private companies / Butlr IPO
Butlr

Butlr IPO

Artificial Intelligence
Buy And Sell Butlr StockLearn More About Butlr StockAdd To Watchlist
Register for details
For more details on financing and valuation for Butlr, register or log in.
Please provide a valid email address.
By registering, you agree to Forge’s Terms of Use. Already registered? Log In

Butlr IPO date and status

2019
Founded
IPO Mentioned
Confidential Filing
S-1 Filed
IPO

Company details

Butlr is a technology company which offers an AI-powered platform to optimize space utilization and energy efficiency to companies with smart-enabled facilities and buildings. Butlr’s platform is designed to provide smart occupancy sensing solutions using thermal sensors and AI monitoring systems that track human activity and movement in indoor spaces without capturing identifiable personal information. This company was founded by Honghao Deng and Jiani Zeng in 2019 and is headquartered in Burlingame, CA.
butlr.com
Sector
Real Estate
Subsector
Real Estate Software
Founded
2019
Headquarters
Burlingame, CA, United States
Founders
Honghao Deng, Jiani Zeng
Forge Price 1
Price not yet available
Market Activity 2
Limited
Last Matched Price
Get Full Access
Post-Money Valuation 3
Not available
Total Funding
Not available
Last Funding Round
Not available

Learn more about Butlr

To invest in Butlr pre-IPO

Can you invest in Butlr pre-IPO?

Butlr is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.

If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.

If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.

For more on who qualifies—and how to get verified—see our blog “Accredited investors, qualified clients and qualified purchasers: Who can invest?”

Can you sell shares of Butlr before it goes public?

Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while Butlr is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.

If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.

What is the pre-IPO value of my Butlr shares?

To explore the value of your Butlr shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.

These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.

Is Butlr a publicly traded company?

Butlr is a private company and not publicly traded.

If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.

To learn more about Butlr potential IPO

Will Butlr go IPO?

Butlr has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Butlr’s IPO price?

The Butlr IPO price does not exist at this time, as Butlr is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Butlr, register for Forge today.

When was Butlr founded?

Butlr was founded in 2019.

What is Butlr funding to date?

The funding to date for Butlr is not currently available.

Butlr major investors

1Flourish Capital
500 Global
Carrier Ventures
Constellar Ventures
Dnx Ventures
E14 Fund
Emerging Ventures
Founder Collective
Foundry Capital
HAX
Hds Capital
Hyperplane Venture Capital
Innovate Uk
National Science Foundation
Primetime Partners
Qualcomm Ventures
Scale Asia Ventures
Stone Mountain Ventures
Taihill Venture
Tectonic Ventures
Tiger Global Management
Union Labs Vc
Ventek Ventures
Show All InvestorsShow Fewer Investors

Butlr pre-IPO valuation and funding rounds

Funding history chart
Funding History is not available for this company.
Register to get notified as soon as it’s released.
Browse Similar Real Estate Companies
View The Space Kindred Pacaso
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
Funding Round Details are not yet available for this company.

Butlr IPO news and media highlights

Pulse 2.0 09/18/2024

Butlr: MIT Media Lab Physical AI Spinout Company Raises $35 Milllion (Series B)

Butlr, an MIT Media Lab spinout, raised $35 million in Series B funding to expand its sensor technology and anonymous data platform for understanding human behavior in buildings. The funding will support growth in senior care facilities and other enterprise customers.
FinSMEs 08/26/2024

Butlr Raises $38M Series B Funding

Butlr, a Burlingame, CA-based physical AI (PAI) startup, raised $38M in Series B funding. Backers included Pacific Alliance Venture, GS Futures, DNX Ventures, Ray Stata, Joi Ito, Carrier, and Qualcomm. The company intends to use the funds to expand its presence, mainly in senior care communities. Led by CEO Honghao Deng, Butlr is an MIT Media Lab spinout that offers a technology platform to understand subtle movements in a space, accurately discern activity, occupancy, indoor location, and body posture yet is purposely designed to be incapable of capturing personally identifiable information.
Fast Company 03/19/2024

This company uses sensors and data to design more effective offices

In an era when organizations are striving and sometimes struggling to adapt to hybrid work and other work-related cultural shifts, Butlr has stepped in to help create more efficient and enjoyable workspaces. The founders of Butlr, a spinoff from the MIT Media Lab, don’t want companies to design or redesign their offices based on guesses, instinct, or surveys alone. Instead, they want to create smarter, more sustainable spaces using wireless thermal sensors that provide anonymous data about occupancy and activity—like when an eight-person conference room is mostly being used by just one or two people, or when an empty office is being heated or cooled, or when a company is leasing too much (or too little) space.
SiliconANGLE 03/22/2023

‘AIoT’ startup Butlr raises funding from Qualcomm, launches new wireless sensor

Butlr Technologies Inc., which styles itself an “artificial intelligence of things” startup, today announced that it has raised additional funding from Qualcomm Ventures LLC and launched the next generation of its Heatic wireless sensors. Founded in 2019 as a spinoff from the MIT Media Lab, Butlr offers a people monitoring platform that uses body heat to detect occupancy, headcount, body posture and activity. This data can be used to generate accurate, real-time and historical spatial insights.
Browse More Insights

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
SpaceX SpaceX $447.23 -$2.12 (0.47%)High $xxx.xx
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $105.00 -$0.53 (0.50%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx
See All Actively Traded Companies

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $105.00 -$0.53 (0.50%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx
Waymo Waymo Not availableLimited $xxx.xx
See All AI Companies

Forge, your trusted partner for pre-IPO insights and Butlr data

Forge is the trusted platform for buying and selling pre-IPO shares. Investors and shareholders worldwide rely on our deep data insights, liquidity solutions, and tailored investment opportunities to navigate the private market. Register to get started.

Register

Updated on: Jul 16, 2025

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

  1. Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge. Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company. The dollar-figure and percentage displayed indicates the per share change in dollar amount and percentage since the most recent Forge Price change. Percentages are rounded to the nearest whole number.
  2. Market activity indicates the level of activity for a company based on recent IOIs, secondary transactions, and pending transactions on Forge.
  3. Post-Money Valuation represents the estimated valuation based on company-submitted Certificates of Incorporations (COIs).
  4. Last Known Valuation represents a valuation gathered from non-COI, publicly available sources including company press releases or multiple concurring news articles.
  5. Actively traded companies are companies with a high market activity with the highest post-money valuation in the same sector.

‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

The news articles displayed on this page may be curated using artificial intelligence (AI) technology, which selects relevant content from a list of trusted web sources. While we strive for accuracy and reliability, the inclusion of an article does not imply endorsement or verification of its content. This communication is for informational purposes only. Investors should conduct their own research and consult a financial professional before making investment decisions.

Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.