Start-up Funding for FM App Developer14 February 2017 / by Lighthouse Inc (author) / New York
Lighthouse, Inc., the developer of the Lighthouse.io app which leverages intelligent Internet of Things (IoT) sensors and Bluetooth beacons for facilities management, has received $1.25 million of seed capital from real estate technology venture capital firm Tamarisc.
The app also has a Facebook-like activity feed which provides managers with a live view of worker activity across sites.
The platform provides facilities executives with real-time and historical data about their workforce that enables better decision making around labor management. The end result is more efficient service delivery, improved worker safety, and reduced operational costs. A "heat-map" feature that shows where workers are spending their time across different sites.
“We see a huge opportunity to disrupt labor-based industries that are using extremely inefficient, manual and paper-based processes,” said Patrick Carne, Lighthouse.io CEO. “From a usability perspective, existing enterprise software platforms have set the bar low. We intend to not only become the system of record for workers in these industries but to create experiences that delight workers”.
While there are a number of mobile workforce management platforms out there, Lighthouse.io differentiates by combining a slick mobile experience with sensor-based inputs to understand a worker's current context and then deliver a highly relevant workflow that helps them to become more effective in their job.
"We’ve looked at a plethora of location-based technologies that all seemed to be a solution in search of a problem. Lighthouse is different in that it was built from the ground up to address key industry pain points and solve real problems,” says David Bates from Tamarisc who is joining the board on behalf of the investors. “This became increasingly apparent the more we spoke with current and potential customers, some from our own portfolio, who raved about how the platform significantly reduces costs and liability while clearly increasing operational efficiencies. We are thrilled to join Lighthouse and look forward to helping it grow and continue delivering value to its customers".
Lighthouse.io is already driving operational improvements at shopping malls, airports, train stations and corporate campuses throughout Australia and the United States.
The current round of funding will be used to accelerate product development and growth in the US market. It will also facilitate exploration of horizontal markets such as real estate and health care. Joining Tamarisc in the round are Morningside Technology Ventures, a global investor in healthcare, real estate and technology, and Storm Industries Investments.
Future features include a flexible If-This-Then-That (IFTTT) rules engine that will be able to detect changes from sensors and other web services and then trigger outputs to relevant workers, integration with existing systems such as time and attendance and work order management, and advanced analytics capability.
Visit Lighthouse.io for more information.