ButterflyMX - About the company
ButterflyMX is a series D company based in New York City (United States), founded in 2012 by Matthew Knoff, Cyrus Claffey and Kunal Shah. It operates as a Provider of cloud-based video intercom systems. ButterflyMX has raised $108M in funding from JMI Management and Volition Capital. The company has 135 active competitors, including 17 funded and 12 that have exited. Its top competitors include companies like Carson, SwiftConnect and Sign In Solutions.
Company Details
Provider of cloud-based video intercom systems. It offers video intercom-based visitor management solutions for residential and commercial properties. Features include keyless tenant entry, two-way video calling, messaging access, digital timestamps, virtual access management, installation cost management, and more.
- Website
- butterflymx.com
- Social
- Email ID
- *****@butterflymx.com
Key Metrics
Founded Year
2012
Location
New York City, United States
Stage
Series D
Total Funding
$108M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 135 active competitors
Employee Count
441 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with ButterflyMX
ButterflyMX is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ButterflyMX Croatia d.o.o. CIN: 1063796329 , Croatia, Active | Oct 07, 2021 | $1M - $10M (As on Dec 31, 2024) | - | |
BUTTERFLYMX, INC. CIN: 5308225 , United States, Active | Mar 21, 2018 | - | - | - |
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ButterflyMX's funding and investors
ButterflyMX has raised a total funding of $108M over 5 rounds. Its first funding round was on Jul 24, 2017. Its latest funding round was a Series D round on Jan 15, 2025 for $*****. 1 investor participated in its latest round. ButterflyMX has 9 institutional investors.
Here is the list of recent funding rounds of ButterflyMX:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 15, 2025 | 6866402 | Series D | 4542133 | 4363529 | 4037895 | 4900726 |
Dec 07, 2021 | 8754503 | Series D | 8994450 | 8598050 | 4532534 | |
Mar 16, 2020 | 9950687 | Series B | 6344090 | 4715562 |
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ButterflyMX's founders and board of directors
Founder? Claim ProfileHere are the details of ButterflyMX's key team members:
- Matthew Knoff: Co-Founder of ButterflyMX. They serve on the board of 1 company.
- Cyrus Claffey: Former ecutive Chairman And Founder of ButterflyMX. They serve on the board of 1 company.
- Kunal Shah: Co-Founder & Advisor of ButterflyMX. They are also an angel investor in 1 startup.
ButterflyMX's Board of Directors
ButterflyMX's board has 10 active members. Matthew Knoff, Cyrus Claffey, Nicholas Silvers, Aaron Rudenstine, Roger Hurwitz, Peter Cohen, NICHOLAS R. SILVERS, Suken Vakil, Ivan Mihalj and Kunal Shah are independent board members.Here is the list of ButterflyMX's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 8y 9m | |
uop{fxm | Independent board member | - | Current | 4y 4m |
ky{{qbl | Independent board member | - | Current | 3y 8m |
hfulk{{ | Independent board member | - | Current | 2y 8m |
obhmgwt | Independent board member | - | Current | 7y 1m |
ihufbrx | Independent board member | - | Current | 1y 6m |
upsyloc | Independent board member | - | Current | 4y 4m |
jkika{p | Independent board member | - | Current | 8y 1m |
lheedwf | Independent board member | - | Current | 8y 4m |
jlhcuty | Independent board member | - | Current | 9y 9m |
View details of ButterflyMX's Founder profiles and Board Members
ButterflyMX's employee count trend
ButterflyMX has 441 employees as of May 26. Here is ButterflyMX's employee count trend over the years:
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ButterflyMX's Competitors and alternates
Top competitors of ButterflyMX include Carson, SwiftConnect and Sign In Solutions. Here is the list of Top 10 competitors of ButterflyMX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ButterflyMX 2012, New York City (United States), Series D | Provider of cloud-based video intercom systems | $108M | 71/100 | |
2nd | Carson 2017, New York City (United States), Seed | Visitor management solution | $3M | 62/100 | |
3rd | SwiftConnect 2020, Stamford (United States), Series B | Provides cloud-based visitor management software for commercial spaces | $74M | 57/100 | |
4th |  Sign In Solutions 2021, St. Petersburg (United States), Unfunded | Cloud-based visitor management software solution | - | - | 57/100 |
5th | Manufacturer of video intercom systems | - | - | 56/100 | |
6th |  Lynx 2015, Sacramento (United States), Seed | Home automation software for property managers | $100K | 55/100 | |
7th | Spintly 2018, Milpitas (United States), Series A | Provider of a cloud-based, wireless access control platform allowing users to access doors using their smartphones | $13.9M | 53/100 | |
8th |  Swiftlane 2018, San Francisco (United States), Funding Raised | Provider of cloud-based touchless security access systems | - | 52/100 | |
9th | SkyBell 2013, Irvine (United States), Series A | Provider of Wifi doorbell with camera and motion sensor | $4.8M | 49/100 | |
10th |  Ivani 2014, St. Charles (United States), Seed | Provider of security and surveillance products and equipment | - | 48/100 |
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ButterflyMX's Investments and acquisitions
ButterflyMX has acquired CloudKeyz. ButterflyMX has not made any investments as of now.News related to ButterflyMX
Filter this list•
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Tour24 Completes Partnership with Access Control Provider ButterflyMXBusiness Wire•Jul 12, 2023•Tour24, ButterflyMX
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ButterflyMX Acquires CloudKeyz, Uniting Complementary Property Access TechnologiesGlobeNewswire•May 18, 2022•CloudKeyz, ButterflyMX
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ButterflyMX Raises $50M in Series D FundingFinSMEs•Dec 07, 2021•ButterflyMX, JMI Management, Volition Capital, Egis Capital Partners and 1 other
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Livly And ButterflyMX Partnership Opens the Door To a Future of Smart Multifamily LivingICrowdNewswire•Apr 01, 2021•Livly, ButterflyMX
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ButterflyMX raises $35M to grow smart-intercom businessThe Real Deal•Sep 29, 2020•ButterflyMX, Volition Capital, Egis Capital Partners, RiverPark Ventures and 2 others
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Talos Holdings Installs ButterflyMX to Provide Residents With Smartphone-Based Gate AccessMulti-Housing News•May 04, 2020•Talosres, ButterflyMX
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High Street Residential Chooses ButterflyMX to Manage Packages, PropertyMulti-Housing News•Dec 18, 2019•High Street Residential, Trammell Crow, ButterflyMX
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Trinity Financial Chooses ButterflyMX to Enhance Resident ExperienceMulti-Housing News•Dec 02, 2019•Trinity Financial, ButterflyMX
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