ButterflyMX Raises $50 Million in Series D  

by Kay Aloha Villamor in December 8th, 2021

ButterflyMX, a New York-based creator of smart video intercoms, package rooms, keypads, elevator controls, key lockers, and other access control technology for multifamily, commercial, and student housing properties, announced the closing of a $50 million Series D growth equity round.

The round was 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: ButterflyMX, Inc.

Raised: $50.0M

Round: Series D

Funding Month: December 2021

Lead Investors: JMI Equity

Additional Investors: Volition Capital, Egis Capital, and RiverPark Ventures

Company Website: https://butterflymx.com/

Software Category: Property management software

About the Company: 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.

Source: https://butterflymx.com/blog/50-million-funding-announcement/ https://www.prnewswire.com/news-releases/butterflymx-secures-50-million-in-series-d-funding-led-by-jmi-equity-301438614.html

 


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