Fundraising Fox

Locatee

Acquired

282 employees on LinkedIn · 8 known investors

Tango offers a real estate management software platform for enterprises, covering site selection, lease management and accounting, project and maintenance coordination, energy and sustainability reporting, and workplace/occupancy analytics. It serves corporate and retail real estate teams looking to optimize portfolio costs, space utilization, and sustainability goals.

Also known as Locatee AG · Tango

Investors · 8

Also in the syndicate · 3

Swiss Immo LabTomahawk VCZürcher Kantonalbank

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Locatee (Locatee AG) is a Zurich-based workplace and occupancy analytics company. Its software gives employers and commercial real estate owners insight into how their office space is actually used, drawing on data from existing sensors and IT infrastructure rather than manual counting, badge data or dedicated sensor deployments. The resulting utilization data is used for space planning, consolidation and cost reduction.

The company positioned itself as an analytics layer for office buildings, with customers among large global enterprises across six continents, including Swiss Re, Biogen, Johnson & Johnson, Zurich, Swiss Post and UPC. Swiss Re reported reducing office space in Munich by 10%, cited as annual savings of about EUR 290,000 (also stated elsewhere as roughly $300k per year).

Locatee was acquired by a US proptech company in March 2024. The locatee.com domain now hosts Tango, an enterprise real estate software platform covering corporate and retail real estate, site selection and predictive analytics, lease management and accounting, projects and maintenance, energy and sustainability reporting, and workplace/occupancy analytics (Tango Occupancy), delivered as an integrated intelligence platform and stated to serve more than 650 enterprises.

Business model

Enterprise software sold to large organizations; Locatee delivered a workplace analytics platform to corporate occupiers and commercial real estate owners, and the Tango platform is offered as a suite of connected real estate solutions across the portfolio lifecycle.

Traction

At the time of its 2020 Series A, Locatee had 30 employees and customers on six continents including Swiss Re, Biogen, Johnson & Johnson, Zurich, Swiss Post and UPC. The Tango platform states it is used by more than 650 enterprises.

Latest developments

In March 2024 a US proptech company acquired Locatee. The locatee.com site now operates under the Tango brand, presenting an integrated real estate intelligence platform spanning real estate, projects and maintenance, energy and sustainability, and workplace modules.

Full profile — market position, technology, go-to-market, geography, history

Market position

Described in 2021 coverage as a leader in the occupancy analytics market, a segment then estimated to grow beyond $5bn by 2025; Locatee was a Top 100 Swiss Startup Award winner in 2019 and a Venture Kick winner.

Technology

Occupancy measurement derived from a company's existing IT infrastructure and sensors, avoiding manual counts, badge data or dedicated sensor hardware, translated into space utilization analytics. The Tango platform layers analytics and AI-based capabilities for real estate decision-making, including predictive analytics for site selection and FedRAMP-certified workplace solutions.

Go-to-market

Large enterprises and Forbes Global 2000 corporate occupiers, commercial real estate owners and workplace teams; the Tango platform additionally addresses retail stores and restaurants, government and education facilities, and landlords and owners.

Geography

Headquartered in Zurich, Switzerland, with customers across six continents; investor base included Swiss and US funds.

History

Locatee AG, based in Zurich, was led by CEO Thomas Kessler and CTO Benedikt Köppel. It won the Top 100 Swiss Startup Award in 2019 and Venture Kick, raised a $4 million Series A in May 2021 [sic: May 2020] led by FYRFLY Venture Partners and Tomahawk VC, followed by an $8.4 million growth round in September 2021 led by SmartFin. Executive changes were reported in July 2022, and the company was acquired by a US proptech company in March 2024.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Customer reported office space reduction (Swiss Re, Munich)May 202010%
EmployeesMay 202030 people
Enterprise customers (Tango platform)Jan 2025650 enterprises
Occupancy analytics market size estimateSep 2021$5B

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

Founder mafia

3 people who came through Locatee went on to found or lead other companies.

Timeline · 5

launches, deals, and filings
Mar 2024
US proptech company acquires Locatee

Startupticker reported that a US proptech company acquired Locatee.

source ↗

Jul 2022
Executive appointment reported at Locatee

Locatee was among six startups reported to have filled executive seats.

source ↗

Sep 2021
Locatee raises $8.4 million growth round

Locatee raised USD 8.4 million (CHF 7.7 million) in a growth financing round led by SmartFin, with Zürcher Kantonalbank, Swiss Immo Lab and Verve Ventures joining and existing investors FYRFLY Venture Partners and Tomahawk VC participating.

$8.4M source ↗

May 2020
Locatee raises $4 million Series A

Zurich-based Locatee raised $4 million in a Series A round led by FYRFLY Venture Partners and Tomahawk VC, to be used for strategic growth and team expansion.

$4M source ↗

Jan 2019
Top 100 Swiss Startup Award 2019

Locatee AG was recognized in the Top 100 Swiss Startup Award 2019 and is listed as a Venture Kick winner.

source ↗

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

In the news

Research sources · 8

primary sources listed

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

Frequently asked questions

What does Locatee do?
Swiss workplace analytics provider measuring office space utilization from existing IT infrastructure; now part of Tango.
Who are Locatee's investors?
Locatee's investors include SICTIC, SmartFin, FYRFLY Venture Partners, Tomahawk.VC, Verve Ventures.