Valley Stream, United States
StringBean Technologies (SBT), founded in 2017 and headquartered in the United States, is redefining the "smart city" application space for facility management. Its flagship offering, a customizable workflow platform, addresses inefficiencies that typically consume 30% to 50% of a property’s operating budget. By enabling facility operators to streamline processes, SBT's platform has already been adopted by prominent real estate enterprises.
SBT’s innovative tools include a simple User-Interface and a No-Code Workflow Builder, making process automation straightforward and effective. On average, clients experience a 20% reduction in costs and time savings, achieving a return on investment of over 200% in under a year. The company targets large, distributed labor forces in regulated environments where reliable documentation is critical.
The recent $2.45M Seed Round from unnamed investors in July 2020 highlights investor confidence in SBT’s approach to disrupt outdated systems and capitalize on trends such as rising labor costs and increased regulatory demands. Positioned within key industries like Information Technology and SaaS, SBT is poised for substantial growth.
