Spintly Secures ₹3.5 Cr from Spyre VC to Revolutionize Smart Building Solutions

In a move poised to redefine the landscape of smart building solutions, Spintly, a leading provider in the domain, has secured ₹3.5 crore in a funding round led by Spyre VC. This marks Spyre VC’s debut investment in the proptech sector, heralding its commitment to driving innovation in real estate technology. The funding round also saw the participation of prominent investors, including Accel India, Chakra Growth Fund, Alumni Ventures, and Doctor Technology.

Spyre VC’s Vision for Proptech

Spyre VC, in partnership with CREDAI, is determined to foster innovation within the proptech ecosystem. "Our investment in Spintly perfectly aligns with our mission to revolutionize the proptech space. Beyond financial support, we aim to help deep-tech companies like Spintly create a lasting impact," remarked Abhimanyu Bisht, Operating Partner at Spyre VC.

Spintly’s Goals Post-Funding

The infusion of capital will enable Spintly to:

• Expand its market presence across new geographies.
• Strengthen its senior management team to drive innovation.
• Leverage AI and machine learning to enhance its smart building solutions.

Co-founder and CEO Rohin Parkar emphasized the strategic advantage of this partnership, stating,“With Spyre VC and CREDAI as our partners, we are well-positioned to access India's vast real estate ecosystem and scale our presence effectively.”

A Proven Track Record

Spintly’s solutions are already deployed across 24 million square feet of real estate, serving over 500,000 users and 500+ global customers. Past funding rounds saw the involvement of Letsventure, Riso Capital, Sucseed Indovation, and Accel Nest, further solidifying its reputation in the proptech industry.

Leveraging IoT and AI for Real Estate Transformation

With CREDAI's backing, Spintly aims to redefine the real estate sector by harnessing the power of IoT and AI, creating solutions that enhance efficiency, sustainability, and user experience.