Occuspace Chosen as a San Diego “Cool Company” for 2021 Among Fastest-Growing Startups in Southern California
Creator of innovative people counting technology earns exclusive designation recognizing the company’s increasing demand and growth.
SAN DIEGO (June 1, 2021) – Occuspace, the developer of innovative occupancy data technology, announced today that it has been selected as an innovative “Cool Company” for 2021 by Connect San Diego. The annual capital program is designed to match San Diego’s top-performing technology and life sciences startups with quality venture capital firms from across the country.
“Being chosen as a Cool Company is an honor and will help position Occuspace for continued expansion into multiple business verticals,” said Nic Halverson, founder and CEO of the startup founded in 2018. “The Connect program will significantly boost our next round of funding. We plan to apply new capital raised to directly support our goal of improving how people experience, use, and manage space by making foot traffic technology more easily accessible.”
“Selecting Occuspace for our 2021 class was clear given their impressive growth,“ said Mike Krenn with Connect San Diego. “We see an amazing trajectory for this company’s technology today and in the future, and we look forward to connecting Occuspace with a select, targeted group of venture funds.”
Occuspace’s innovative and easy-to-install sensor technology provides real-time foot traffic data and spatial intelligence for businesses to better understand and control how their buildings are being used. Over the last 12 months, the company has seen 5x year-over-year growth as workplaces and education institutions accelerate their reopening plans.
Capital funding opportunities from the Connect program will support Occuspace’s product innovation, personnel additions, and market penetration, joining recent infusions from notable commercial real estate, proptech, and private investors including Impala Ventures, Metis Global Partners, and Doug Holte, former president of the Irvine Company and now CEO of Agile Workweek Investment, among others.
With real-time and historical occupancy data, businesses can gain new operational insights into how to enhance the visitor experience while helping space planning teams improve operations and real estate decisions all with an affordable and privacy-friendly solution.
To learn more about Occuspace and how the technology works, visit occuspace.io.
ABOUT OCCUSPACE
Occuspace is bringing the power of web analytics to the physical world. By capturing how many people are in a space, Occuspace is helping businesses more accurately understand, control, and improve the way their spaces are being used to enhance the visitor experience and increase efficiencies and cost-savings. The company’s easily-installed, scalable and affordable sensor technology is changing how people access and view occupancy data and will make occupancy monitoring a standard moving forward.
ABOUT CONNECT
Connect.org is an official Small Business Development Center (SBDC), allowing them to offer services for free to startup businesses, and part of the San Diego & Imperial SBDC Network. They are funded in part through a cooperative agreement with the US Small Business Administration, and in part through a Grant with the Governor’s Office of Business and Economic Development. Cool Companies is Connect’s annual capital program designed to match San Diego’s top-performing technology and life sciences startups ready to raise Series A with quality venture capital. The program neutrally selects top tier, local entrepreneurs raising institutional funding, and grants them opportunities for direct access to capital providers, regularly attracting over 200 Venture Capitalists to the region annually. Since 2015, Cool Co’s have raised over $650M (in institutional Series A). To learn more: https://connect.org/cool-companies.