Locatee

About Locatee

Locatee AG provides workplace analytics to large organizations, offering a detailed view of office space utilization. The company was established in Zurich, Switzerland, in 2013 by Thomas Kessler and Benedikt Köppel. Köppel, with a background in Electrical Engineering and Information Technology from ETH Zurich, brought technical expertise to the venture. The firm's journey includes winning the first stage of Venture Kick in 2014 and securing a Series A funding round of $8.4 million in 2021, led by SmartFin.

The company's core business revolves around a Software-as-a-Service (SaaS) platform that helps corporate real estate managers make data-driven decisions. By aggregating and analyzing data from existing IT infrastructure like Wi-Fi, Ethernet networks, and sensors, Locatee provides insights into how workspaces are used without requiring extensive new hardware installations. This allows clients to optimize their real estate portfolios, identify cost-saving opportunities, and improve the overall workplace environment for employees. The platform visualizes occupancy trends through interactive dashboards, showing metrics on building, floor, zone, and workstation levels. Clients are typically large, global enterprises, and the company has deployed its solution in over 60 countries.

In a significant milestone, Locatee was acquired by Tango, a U.S.-based provider of cloud-based real estate and facilities management software, in March 2024. This acquisition positioned Locatee's Zurich office as Tango's European headquarters, expanding the combined entity's reach to over 500 customers across more than 140 countries. Following the acquisition, co-founder Benedikt Köppel transitioned to the role of Chief Innovation Officer at Tango, continuing to leverage his expertise in the built environment. The integration aims to combine Locatee's granular occupancy data with Tango's broader real estate management solutions, offering a more comprehensive tool for the entire real estate lifecycle.