/Companies

Basking Automation

Techstars '18

Berlin, DE · Founded 2017 · 22 employees on LinkedIn · 4 known investors

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Basking provides an AI intelligence layer that analyzes workplace data to help facility managers, lease administrators, and commercial real estate executives make faster decisions. The platform reads authorized data from occupancy, leasing, and reporting systems to forecast user intent and surface recommended actions.

Also known as Basking · Basking Automation GmbH · Basking.io

Founders & leadership

Basking Automation was founded in 2017 by Dr. Eldar Gizzatov.

DEDr. Eldar Gizzatov
Dr. Eldar GizzatovCo-founder & CEODr. Eldar Gizzatov is co-founder and CEO of Basking, which provides an AI intelligence layer that analyzes occupancy and lease data for commercial real estate teams.
AGAnjali Grover
Anjali GroverHead of AnalyticsAnjali Grover has spent 9+ years in analytics, machine learning, and AI, with recent focus on GenAI applications in document intelligence and LLM-based data extraction for real estate. She previously founded and led the analytics team at Basking.io, where she built ML models and reporting systems, and worked at American Express on campaign targeting and business intelligence studies.

Investors · 4

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Also in the syndicate · 2

AconterraRay Wirta

Company profile

researched Sep 2026

Basking Automation, operating as Basking.io, is a Berlin-based workplace and corporate real estate software company founded in 2017. Its platform combines two categories of data — contractual lease information and measured space utilization — into a single system for facility managers, lease administrators and CRE executives. The product is organized into four modules: LeaseOps for lease administration and portfolio reporting; Occupancy for utilization, presence and portfolio insight; DocsAI for AI lease abstraction and contract review; and Flow for tasks, approvals and workflow automation.

The occupancy side unifies WiFi, badge and sensor signals into a single presence measure and provides real-time dashboards by floor, building and portfolio, right-sizing analysis of under-used space, capacity forecasting with seasonal and headcount scenarios, and automated reporting and anomaly alerts. Historically the company's occupancy approach was based on existing WiFi networks and machine learning, positioned as fast to deploy across portfolios and privacy-compliant, with connection to multiple offices described as taking under two hours. The lease side maintains full lease records covering dates, rent, contacts, tenure and property attributes, events and options such as renewals, terminations, CPI adjustments and security deposits, a centralized document library with auto-generated summaries, structured approval workflows routed by region and contract value, and CSV or BI exports for finance and legal teams.

Basking describes an additional intelligence layer that reads authorized data across LeaseOps, Occupancy, Docs.AI, Reporting and Tasks/Flows together with customer content and usage patterns, forecasting user intent and proposing next best actions while keeping high-impact decisions with accountable humans. The company states SOC 2 compliance, GDPR alignment, IFRS 16 support, single sign-on and API access.

Founding story

Basking Automation was founded in 2017 by Dr. Eldar Gizzatov, who has led the company as CEO since inception. Before Basking he was an Entrepreneur-in-Residence at Allianz X, where he founded and led FairFleet, a drone services marketplace for real estate and insurance. He holds an MBA from Duke University and a PhD in political science from Moscow State University, with earlier roles at MobileSmith, Lendico / Rocket Internet, Autodesk and Integrated Energy Systems. German registry-based records also list Jan Lozek, Thomas Birr and Mohamad Chehab among managing directors of Basking Automation GmbH in its early years.

Business model

Basking sells a B2B SaaS subscription to enterprise and mid-market occupiers and real estate service firms. Pricing is portfolio-based and all-in, shaped by number of leases, depth of abstraction scope, workflow and approval configuration, and analytics or integration requirements; the company publishes an indicative range of $9,000-$16,000 per year for a typical mid-market portfolio of roughly 100 leases.

Recurring annual software subscriptions priced by portfolio size, with per-lease tiers offering lower unit cost at larger volumes and optional add-ons for abstraction depth, workflow and approval configuration, analytics, BI exports, system-of-record synchronization and occupancy modules.

Traction

The company reports more than 85,000 workspaces optimized across global enterprise portfolios, over 190 million signals analyzed monthly across more than 80 countries, and over 550,000 decisions accelerated. It cites use by Fortune 500 companies across four regions and names enterprise logos including HubSpot, Siemens, Zendesk, Uber, Microsoft, Allianz, Colliers, CBRE, PATRIZIA and Mann+Hummel. A third-party data provider estimates annual revenue in the $1M-$10M range and roughly 20 employees as of August 2026.

Latest developments

The current platform spans four products — LeaseOps, Occupancy, DocsAI and Flow — with an AI layer that forecasts user intent and proposes next best actions across modules. Reported abstraction performance is 90-98% accuracy by document type, roughly 30 minutes per document including review versus three to six hours manually, and an 87% time reduction at enterprise scale equating to about 5,250 hours on a 500-lease portfolio. In March 2024 Basking announced implementation of its occupancy analytics with Worldwide Express in the United States.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Basking competes in workplace occupancy analytics and corporate real estate software alongside companies such as VergeSense, PointGrab, Density, Switch Automation and Clockworks Analytics. It lists portfolio teams at HubSpot, Siemens, Zendesk, Uber, Microsoft, Allianz, Colliers, CBRE, PATRIZIA and Mann+Hummel among users, and is backed by Techstars and Innogy Ventures. Third-party directories classify it as a seed-stage company with 11-50 employees.

Basking positions the join between contractual lease obligations and measured utilization as its principal differentiator, presenting rent cost against actual use per location so under-used space can be identified ahead of renewal decisions and reported consistently to finance, operations and real estate teams. In lease abstraction it uses an "AI-as-a-Judge" approach in which a panel of large language models scores confidence clause by clause, producing calibrated per-clause probabilities and routing only low-confidence fields to human review. Earlier positioning emphasized occupancy measurement from existing WiFi infrastructure rather than dedicated sensors, which the company framed as fast to deploy, economical at portfolio scale and privacy-protective by design.

Technology

The occupancy layer derives presence and utilization from existing WiFi networks, badge systems and sensors using machine learning, unifying them into a single occupancy signal with configurable normalization. The document layer performs multi-model LLM extraction of lease PDFs, amendments and extensions via drag-and-drop, batch upload or API, cross-checking clause by clause and scoring confidence with a panel-of-judges approach before routing uncertain fields to a side-by-side human review workspace. Outputs flow into LeaseOps records or external systems of record through APIs and BI exports. Reported stack elements include Kubernetes, Mixpanel, HubSpot Content Hub, WordPress, CookieYes, Shopify, Google Workspace and Intercom.

Go-to-market

The company combines direct enterprise sales — with demo booking and a sales contact path on its site, plus a free sign-up option — with channel and partner-led distribution. Partners cited include Colliers International, Cisco, Comfy, Siemens, HP and Extreme Networks, and the company entered the market through the Colliers Proptech Accelerator powered by Techstars. Sales leadership was formalized with the appointment of a Vice President of Sales who had previously advised the company for over four years.

Corporate real estate, workplace and facilities organizations at large enterprises, including facility managers, lease administrators and CRE executives, plus real estate advisory firms. Named users and partners include HubSpot, Siemens, Zendesk, Uber, Microsoft, Allianz, Colliers, CBRE, PATRIZIA, Mann+Hummel and Worldwide Express.

Geography

Headquartered in Berlin, Germany, with staff across Europe, Asia and North America. The platform is used by Fortune 500 companies across North America, LATAM, EMEA and APAC, and the company reports analyzing signals in more than 80 countries. The Colliers partnership covers EMEA and the US, and a 2024 US customer implementation was announced from Dallas, Texas.

History

The venture was founded in 2017 in Berlin and operates as Basking Automation GmbH. It joined the 2018 class of the Colliers Proptech Accelerator powered by Techstars and was subsequently described as Techstars- and Innogy Ventures-backed. Early recognition included the German Property Association's Office Awards 2019 and inclusion in a 2019 list of under-the-radar CRETech companies. Product releases tracked between 2020 and 2022 include an occupancy normalization setting, COVID-19 capacity and return-to-office features, and portfolio-level Frequency and Duration of Visits dashboards. An additional undisclosed investment was reported in August 2021 with participation from Blue Field Capital, Aconterra and Ray Wirta. In March 2024 the company announced an occupancy analytics deployment with Worldwide Express in the United States. The current platform has expanded beyond WiFi-based occupancy analytics into lease administration, AI lease abstraction and workflow automation.

Risks & controversies

Public records about the company are inconsistent: directories variously report founding years of 2017 and 2022, team sizes of 1-10, 11-50 and approximately 20, and aggregated funding figures ranging from an undisclosed amount to third-party estimates, so financial and headcount details from data vendors should be treated as unverified. The occupancy product depends on customer network, badge and sensor data, making privacy compliance and IT security central to deployment in regulated industries.

Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Countries coveredJan 202580
Decisions acceleratedJan 2025550,000 decisions
EmployeesAug 202620 employees
Estimated annual revenueAug 2026$1M-$10M (third-party estimate)
Indicative annual subscription price (~100 leases)Jan 2025$9,000-$16,000 per year, all-in, for a typical mid-market portfolio of about 100 leases
Signals analyzed monthlyJan 2025190,000,000 signals/month
Time per lease document (run + review)Jan 202530 minutes
Time reduction at enterprise scaleJan 202587%
Workspaces optimizedJan 202585,000 workspaces

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Innerspace29 shared keywordsInnerspace provides occupancy analytics technology that collects and analyzes space utilization data while maintaining privacy through anonymization of device identifiers and no storage of personally identifiable information.
Burlingame, CA27 shared keywordsButlr makes anonymous thermal sensors that measure occupancy and space utilization across offices, buildings, campuses, stores, and labs without cameras, badges, or Wi-Fi tracking. Its API-first platform integrates with building management, workplace, and analytics systems to inform space planning, energy usage, and cleaning schedules for corporate real estate teams.
Density25 shared keywordsDensity makes Waffle, a self-installable real-time radar sensor for anonymous people counting in rooms, phone booths, and desks. It provides occupancy data through a real-time and historical API for workplace and space management.
Occuspace23 shared keywordsOccuspace makes plug-in sensors that measure how busy a space is anonymously using ambient Bluetooth and Wi-Fi signals, without collecting personal data or requiring wiring. It provides space-utilization data to organizations such as universities and enterprises across North America and Europe to help manage and optimize their buildings.
Eptura21 shared keywordsEptura provides an integrated platform for workplace and asset management, serving facility teams, real estate managers, and enterprise operations. The platform combines workplace experience scheduling, enterprise asset management, space operations, visitor management, and real estate portfolio optimization tools.
Envoy21 shared keywordsEnvoy provides a unified workplace platform that integrates visitor management, emergency management, digital signage, mailroom management, and space planning tools for organizations operating across multiple locations. The platform enables businesses in manufacturing, life sciences, healthcare, and technology sectors to manage security, compliance, and operations at scale.
VergeSense21 shared keywordsVergeSense provides occupancy intelligence software that helps workplace, real estate, and facilities teams track and optimize space usage across portfolios. The platform serves enterprise organizations managing large real estate portfolios by measuring occupancy data to reduce costs while maintaining employee experience.
ArrowPoint20 shared keywordsCisco provides networking, data center, and security technology for enterprises, including infrastructure to run traditional and AI workloads and tools to keep organizations running against cyberattacks and outages. Its platform connects networking devices and monitors security events across corporate networks.
Gable19 shared keywordsGable builds an operating system for workplace collaboration that enables companies to run more flexible and data-driven workplaces. The platform serves enterprise and mid-market organizations looking to manage hybrid and flexible work environments.
Tangoanalytics18 shared keywordsTango Analytics helps businesses manage real estate portfolios through strategic and operational tools.

Companies competing with Basking Automation for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 7

launches, deals, and filings
Mar 2024
Occupancy analytics deployment with Worldwide Express (WWEX Group)

Basking announced the implementation of its occupancy analytics solution with Worldwide Express, a third-party logistics provider serving small and mid-size businesses in the United States. Announcement datelined Dallas, Texas.

source ↗

Jan 2022
Frequency of Visits and Duration of Visits dashboards

Launch of portfolio-level Frequency of Visits and Duration of Visits dashboards, aggregated by region.

source ↗

Feb 2021
COVID-19 office occupancy features

Release of COVID-19-related office occupancy features including adjusted capacity and back-to-office recommendations.

source ↗

Dec 2020
Normalization of Occupancy user setting

Launch of a new user setting called Normalization of Occupancy.

source ↗

Jan 2019
German Property Association Office Awards 2019

Basking won the German Property Association's Office Awards 2019 and was named to a 2019 list of 'Top 25 Under The Radar CRETech Companies You Must Watch'.

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Jan 2019
Partnership with Colliers International

Basking partnered with Colliers International to provide occupancy analytics to Colliers clients in EMEA and the US.

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Sep 2018
Selected for the Colliers Proptech Accelerator powered by Techstars

Basking was among the ten startups named to the 2018 class of the Colliers Proptech Accelerator, run by Colliers International and powered by Techstars.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Basking Automation do?
Berlin-based platform joining lease administration with WiFi, badge and sensor occupancy data for corporate real estate teams.
Who founded Basking Automation?
Basking Automation was founded by Dr. Eldar Gizzatov in 2017.
Who are Basking Automation's investors?
Basking Automation's investors include Techstars, Blue Field Capital.
Where is Basking Automation headquartered?
Basking Automation is headquartered in Berlin, DE.