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Butterflymx Secures $50 Million In Series D Funding Led By Jmi Equity

Dec 07, 2021•almost 4 years ago

Amount Raised

$50 Million

Round Type

series d

Description

ButterflyMX, creator of smart video intercoms, package rooms, keypads, elevator controls, key lockers, and other access control technology for multifamily, commercial, and student housing properties, today announced the closing of a $50 million growth equity round led by JMI Equity, with participation from Volition Capital, Egis Capital, and RiverPark Ventures. This latest round of funding will allow ButterflyMX to provide the real estate industry with its first-ever unified property access solution, designed to streamline building operations and enhance the resident experience.

Company Information

Company

Butterfly Mx

About

ButterflyMX is your complete property access solution, providing a secure, convenient, and cost-effective way to manage and grant access on the go. Empower your tenants to open doors, gates, and elevators with a smartphone and ensure they never miss a visitor or delivery. Enjoy easy installation and cut costs by eliminating building wiring and in-unit hardware, and save time by integrating with popular access control and property management systems. Join the 6,500+ multifamily, commercial, gated community, and student housing properties that have made access simple with ButterflyMX.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech