ButterflyMX, Inc. Overview
Pro stress-test →ButterflyMX is a developer of cloud-based video intercom systems designed to help people access properties using a smartphone, allowing users to open and manage doors from their smartphone, issue virtual keys for visitor access, and integrate with prop-tech amenities. The company is a leading provider in the smart access control market, serving over 20,000 multifamily, commercial, and gated properties.
Strategic Profile
Pro stress-test →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.
Competitive Landscape
Pro stress-test →Top competitors include Carson, Lynx, and SkyBell. Other competitive alternatives include Onlock, Igloo, Danalock, and Netatmo. ButterflyMX maintains the strongest market position with the highest total funding and the largest customer base in the multi-tenant property access segment.
Industry Context
ButterflyMX, Inc. operates in Smart access control and video intercom systems.
Key facts
Founded: 2014 · Headquarters: New York, US · Employees: 405 · Revenue: $100M-$250M (estimated)