XY Sense
About XY Sense
XY Sense provides privacy-preserving occupancy sensors that deliver real-time data on workplace utilization, enabling property teams to optimize space allocation and reduce real estate costs. By offering actionable insights into office space usage, XY Sense helps organizations enhance workplace engagement and improve operational efficiency.
<problem> Many organizations lack comprehensive, real-time data on how their office spaces are actually used, leading to inefficient space allocation and increased real estate costs. Traditional methods of assessing workplace utilization, such as manual surveys or badge swipes, provide incomplete or delayed insights. This makes it difficult to optimize hybrid work environments, reduce carbon footprint, and create engaging workplaces. </problem> <solution> XY Sense offers a sensor-based platform that delivers real-time, privacy-preserving data on workplace occupancy and utilization. The platform uses a network of area, entry, and presence sensors to monitor desk and office space utilization, meeting room occupancy, and overall space dynamics. The Insights Platform provides actionable analytics, enabling organizations to optimize space allocation, reduce real estate costs, and improve workplace experience. By integrating air quality data, the platform also helps organizations meet building sustainability goals. </solution> <features> - Area Sensors: Wide-area sensors providing coverage up to 1000 sq ft, capturing XY coordinates of individuals without capturing personal information. - Entry Sensors: Real-time people counting to monitor occupancy trends and manage space capacity. - Presence Sensors: Wireless PIR sensors for monitoring compact spaces like meeting pods and movable furniture. - Insights Platform: Cloud-based analytics providing live data on desk and office space utilization, meeting room occupancy, and neighborhood balancing. - Air Quality Monitoring: Integration with air quality solution providers to combine air quality metrics with occupancy data. - Real-time Utilization Monitoring: Benchmarking occupancy and utilization by team or neighborhood. - Hybrid Occupancy Planning: Data-driven insights for optimizing space allocation in hybrid work environments. - Agile Workplace Design: Insights into dwell times, hot zones, and workstation utilization for effective space configuration. - Portfolio Optimization: Sensor data and reporting to improve space efficiency and inform lease planning. - Privacy-Preserving Design: Captures XY coordinates of individuals relative to a sensor, without capturing photo images or personal information. </features> <target_audience> The primary target audience includes workplace teams, real estate professionals, and facilities managers seeking to optimize office space, reduce costs, and improve the employee experience in hybrid work environments. </target_audience> <revenue_model> While specific pricing details are not provided, the company likely generates revenue through a combination of hardware sales (sensors) and subscription fees for access to the Insights Platform and associated analytics. </revenue_model>
What does XY Sense do?
XY Sense provides privacy-preserving occupancy sensors that deliver real-time data on workplace utilization, enabling property teams to optimize space allocation and reduce real estate costs. By offering actionable insights into office space usage, XY Sense helps organizations enhance workplace engagement and improve operational efficiency.
Where is XY Sense located?
XY Sense is based in Melbourne, Australia.
When was XY Sense founded?
XY Sense was founded in 2016.
How much funding has XY Sense raised?
XY Sense has raised 17490000.
- Location
- Melbourne, Australia
- Founded
- 2016
- Funding
- 17490000
- Employees
- 61 employees
- Major Investors
- InterValley Ventures