ButterflyMX Raises $14M for Leading Real Estate Access Platform

ButterflyMX has secured $14,000,000 in new investment capital. The funding announcement marks a significant milestone for the company, which provides a leading access and security platform for the real estate industry. This capital injection will support its ongoing mission to modernize property access and management solutions. The company’s cloud-based platform is designed to simplify property access, enhance security, boost revenue, and lower operational expenses for real estate owners and managers. From a single, intuitive system, users can manage every door, gate, elevator, and garage from a smartphone or computer. Its comprehensive suite includes video intercoms, package rooms, keypads, smart lock integrations, vehicle readers, and security cameras, replacing outdated systems with modern hardware. ButterflyMX is currently trusted by over 20,000 multifamily, commercial, and gated properties to reduce costs, increase net operating income, and deliver a tech-forward experience for staff, residents, and visitors. This funding round underscores investor confidence in ButterflyMX’s technology and its market position within the proptech sector. The newly raised capital will be strategically deployed to accelerate the company’s growth initiatives. Plans include expanding its product offerings and enhancing its cloud-based access control solutions to meet the evolving demands of the real estate market. The investment is expected to further strengthen ButterflyMX's capacity for innovation in critical areas of property management and security. With this financial backing, ButterflyMX is well-positioned to continue its trajectory of growth and market penetration. The company aims to further solidify its reputation as a crucial provider of modern access solutions, driving efficiencies and improving experiences across various property types.