Tuesday, May 28, 2024

Density & the Way forward for Actual Property | by Mark Suster

Almost six years in the past, I used to be thrilled to put money into Andrew Farah and the workforce at Density after they had a imaginative and prescient for constructing nameless monitoring of how individuals use workplace buildings, leases and different public areas.

And right this moment, as the corporate broadcasts their newest funding spherical of $125M at a $1B+ valuation, I’m nonetheless thrilled to again Density as they’re rising massively with prospects like Uber, Shopify, Delta, and Cisco, amongst many others. Fairly merely, the information that Density supplies — knowledge that hasn’t been obtainable till now — is altering the best way firms, actual property leaders and staff take into consideration and measure these main property.

I’m excited to share a brief dialog with Andrew about right this moment’s information and the place the corporate goes, which you’ll be able to see right here:

We cowl:

  • Density’s development and transition by the previous two years of a pandemic the place — seems! — figuring out the place individuals are in proximity, with out violating their privateness, is fairly essential
  • How the information Density supplies could make measurable influence on local weather change (since 39% of all emissions come from buildings)
  • The vary of use circumstances for Density, now and sooner or later, from rethinking work patters to short-term rental monitoring to metropolis catastrophe planning

Please be part of me in congratulating the workforce on this newest milestone!

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