Goa-based IoT and physical security startup Spintly has raised $8 million in a Series A funding round, marking a significant milestone in its growth journey. The round was led by Accel, with participation from Enrission India Capital, SucSEED Ventures, Alumni Ventures and Chakra Growth Fund. The fresh capital reflects growing investor confidence in India’s rapidly expanding smart building and proptech ecosystem.
Founded in 2018, Spintly specialises in wireless, cloud-based access control and workforce management solutions. The startup aims to simplify and modernise physical security systems by eliminating complex wiring infrastructure traditionally required in commercial buildings. Its flagship platform enables secure, keyless access using smartphones and Bluetooth Low Energy (BLE) mesh technology, making it a scalable and cost-efficient alternative to legacy access control systems.
Expanding Across India and Global Markets
With the new funding in place, Spintly plans to accelerate its expansion in India while strengthening its presence in international markets, including the Middle East, Africa and the United States. The demand for smarter, integrated building management solutions has surged globally as enterprises increasingly prioritise security, efficiency and automation.
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Spintly’s wireless access control solutions are already deployed across corporate offices, coworking spaces, tech parks and enterprise facilities. By removing the need for extensive wiring, the company significantly reduces installation time and infrastructure costs, making it particularly attractive for modern real estate developers and facility managers.
As India continues to witness rapid growth in commercial real estate and flexible workspaces, the need for scalable and cloud-based security solutions is becoming essential. Spintly aims to position itself as a reliable partner for enterprises seeking seamless building access management integrated with attendance tracking and analytics.
Strategic Allocation of Fresh Capital
According to the company’s expansion roadmap, a majority of the funding will be directed towards strengthening sales and marketing initiatives across key geographies. This includes building a stronger distribution network, strategic partnerships and improving customer acquisition efforts in both domestic and overseas markets.
A significant portion will also be invested in research and development. The company is working on integrating advanced analytics and AI-driven capabilities into its platform to enhance predictive security monitoring, operational efficiency and system intelligence. The goal is to create smarter buildings that can adapt to real-time security and workforce management needs.
Additionally, funds will support operational scaling, including hiring talent in engineering, product development and business growth functions. With increasing adoption of IoT-enabled building solutions, Spintly is preparing itself to handle large-scale enterprise deployments efficiently.
Spintly Strengthening India’s Proptech and IoT Ecosystem
Spintly’s Series A funding is not just a company milestone—it also underlines the rising global interest in India’s IoT and proptech startups. As Indian tech companies continue to innovate in enterprise infrastructure and smart automation, investor participation in this sector is steadily increasing.
The shift towards flexible workplaces, hybrid work models and digitised security systems has opened new opportunities for access control startups. Businesses now seek solutions that are easy to deploy, remotely manageable and integrated with broader building management systems.
With this funding round, Spintly is poised to deepen its technological capabilities while expanding its market footprint. The company’s vision of building fully wireless, intelligent and secure commercial spaces aligns closely with the global smart building movement.
As India’s startup ecosystem continues to mature, companies like Spintly demonstrate how homegrown innovation can scale globally and compete in high-tech enterprise markets. The latest investment round sets the stage for the company’s next phase of growth, product innovation and international expansion in the evolving smart security landscape.