Nearly six years ago, I had the opportunity to invest in Andrew Farah and the team at Density, a company with a vision for revolutionizing anonymous tracking of how people use office buildings, rentals, and other public spaces.
Today, Density announces their latest funding round of $125M at a valuation of over $1B. It’s incredible to see how much they have grown, with customers like Uber, Shopify, Delta, and Cisco. The data provided by Density is truly groundbreaking and is changing the way companies, real estate leaders, and employees think about and measure these valuable assets.
I recently had the opportunity to have a conversation with Andrew about today’s news and the future of the company. You can watch the interview here:
In the interview, we cover:
- Density’s growth and adaptation during the pandemic, where the importance of knowing people’s proximity without violating their privacy became evident
- How the data provided by Density can have a measurable impact on climate change, considering that 39% of all emissions come from buildings
- The wide range of use cases for Density, both current and future, including rethinking work patterns, short-term rental monitoring, and city disaster planning
I want to extend my congratulations to the team at Density on this incredible milestone!
3 Comments
This is such an interesting perspective on the future of real estate. It’s fascinating how density can be harnessed for profitable investments. I wonder how this approach could be applied to different types of properties like commercial or residential developments.
This article does an excellent job of highlighting the importance of density in real estate investments. With the projected increase in urbanization, it is crucial for investors to tap into this untapped potential. However, I would love to know more about the potential challenges that developers may face when trying to unlock the full potential of density in real estate projects.
I never realized the potential profitability of investing in dense real estate until I read this article. It’s fascinating to see how urban density can lead to higher property values and greater returns. I’m curious to know how this concept applies to smaller cities or suburban areas where density may be lower.