ButterflyMX landed a growth equity investment from FTV Capital to expand into new markets, speed up new product offerings and strengthen its position as a provider of property access control and security solutions. Recent innovations include a QR code-activated intercom system and AI-driven tour integrations, demonstrating a commitment to cutting-edge access technology.
Cyborg Score Rationale
ButterflyMX ranks 1st amongst 127 active competitors and stands 1st in terms of total funding among its competitors. The company maintains strong market position with robust capital backing, innovative product development, and deep multifamily real estate penetration.
Top Insights
Nearly 17,000 buildings and 1.5 million people use ButterflyMX daily.
The company's suite includes video intercoms, access control systems, front desk management and security cameras, designed to help properties increase revenue, enhance security, and improve user experience.
Collaborations with prominent property developers and platform integrations, such as iApartments and Pensanyc, highlight growth opportunities in multifamily and smart apartment markets.
ButterflyMX's latest funding was a Series D round in January 2025 with growth equity participation.
Named Competitors
Onlock — Smart access control and video intercom systems
Carson — Access control and property security solutions
Lynx — Access control and smart lock systems
SkyBell — Smart video doorbell and intercom systems
RemoteLock — Cloud-based smart lock and access control
Recent Developments
(January 2025) Series D growth equity investment from FTV Capital with Lead Edge Capital and Fifth Wall as co-investors
(October 2025) Approximately 405 employees across 4 continents
(2024) Launched QR code-activated intercom system and integrated with EliseAI for self-guided tours
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