Angel Investments

Access control provider for buildings Spintly raises $2.5 M from Lets Venture, others

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Goa- and USA-based IoT-based physical access control and smart buildings startup Spintly has raised USD 2.5 million in a pre-Series A funding round from Lets Venture, Accel Nest, SucSEED Indovation, RiSo Capital, Defang Technology, 91 Ventures, Kyto Technology and Life, and a few other angel investors including Dheeraj Pandey, co-founder and CEO of DevRev, and former founder and CEO of Nutanix. Founded by Rohin Parkar, Spintly offers a wireless, smartphone-based physical access control solution to commercial and residential buildings. The funds raised will be used to focus on its growth in the global market, including the US, and strengthen R&D capabilities.

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