About ButterflyMX

ButterflyMX provides property access solutions through smartphone-managed video intercom systems and keypads. This technology enables secure and convenient entry management for residential and commercial properties, enhancing user control and safety.

<problem> Traditional property access systems using keys, fobs, and outdated intercoms create security vulnerabilities and operational inefficiencies for property managers and residents. Managing physical credentials is time-consuming and costly, while older systems lack the modern conveniences expected by today's tenants. </problem> <solution> ButterflyMX offers a comprehensive, cloud-based access control platform that replaces traditional keys and intercoms with smartphone-based entry. Residents can grant access to visitors, delivery personnel, and service providers remotely via a mobile app, ensuring secure and convenient entry. Property managers benefit from enhanced security features, detailed audit trails, and streamlined access management, reducing operational costs and improving tenant satisfaction. The system integrates with various property management software and smart lock systems, creating a unified and modern access experience. </solution> <features> - Mobile app for residents to grant access remotely via video call, virtual keys, or temporary PIN codes - Cloud-based access control system managed through a web dashboard for property managers - Integration with smart locks, elevator controls, vehicle access systems, and package rooms - Audit trails and entry logs for enhanced security and accountability - Integration with property management software (e.g., Rent Manager) for streamlined operations - Wireless installation, eliminating the need for building wiring and in-unit hardware - Integration with security cameras for visual verification of visitors - Options for keypads, access readers, and front desk stations for comprehensive access management </features> <target_audience> ButterflyMX targets multifamily residential buildings, commercial properties, gated communities, student housing, and senior living facilities seeking to modernize their access control systems and improve security and convenience for residents and property managers. </target_audience> <revenue_model> ButterflyMX generates revenue through hardware sales (video intercoms, access control systems, keypads, etc.) and subscription fees for the cloud-based software platform and related services. </revenue_model>

What does ButterflyMX do?

Where is ButterflyMX located?

ButterflyMX is based in City of New York, United States.

When was ButterflyMX founded?

ButterflyMX was founded in 2014.

Location

City of New York, United States

Founded

2014

Employees

328 employees

Major Investors

FTV Capital

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ButterflyMX

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Executive Summary

butterflymx.com 50K+

Crunchbase

Founded 2014 – City of New York, United States

Funding

Major Investors

FTV Capital

Team (250+)

No team information available.

Company Description

Problem

Traditional property access systems using keys, fobs, and outdated intercoms create security vulnerabilities and operational inefficiencies for property managers and residents. Managing physical credentials is time-consuming and costly, while older systems lack the modern conveniences expected by today's tenants.

Solution

ButterflyMX offers a comprehensive, cloud-based access control platform that replaces traditional keys and intercoms with smartphone-based entry. Residents can grant access to visitors, delivery personnel, and service providers remotely via a mobile app, ensuring secure and convenient entry. Property managers benefit from enhanced security features, detailed audit trails, and streamlined access management, reducing operational costs and improving tenant satisfaction. The system integrates with various property management software and smart lock systems, creating a unified and modern access experience.

Features

Mobile app for residents to grant access remotely via video call, virtual keys, or temporary PIN codes

Cloud-based access control system managed through a web dashboard for property managers

Integration with smart locks, elevator controls, vehicle access systems, and package rooms

Audit trails and entry logs for enhanced security and accountability

Integration with property management software (e.g., Rent Manager) for streamlined operations

Wireless installation, eliminating the need for building wiring and in-unit hardware

Integration with security cameras for visual verification of visitors

Options for keypads, access readers, and front desk stations for comprehensive access management

Target Audience

ButterflyMX targets multifamily residential buildings, commercial properties, gated communities, student housing, and senior living facilities seeking to modernize their access control systems and improve security and convenience for residents and property managers.

Revenue Model

ButterflyMX generates revenue through hardware sales (video intercoms, access control systems, keypads, etc.) and subscription fees for the cloud-based software platform and related services.