Goa-headquartered IoT and physical security startup Spintly has raised $8 million in a funding round led by Accel, as the company looks to accelerate adoption of its wireless, cloud-native access control and attendance systems across enterprise and commercial real estate markets. In addition, Enrission India Capital, SucSEED Ventures, Alumni Ventures, and Chakra Growth Fund participated in the round.
Founded in 2020 by Rohin Parkar and Malcolm D’Souza, Spintly builds mobile-first, wireless access control and smart building solutions that replace legacy wired infrastructure. As a result, the platform enables modern buildings to operate more efficiently using smartphone-based authentication and cloud-managed systems.
Currently, Spintly serves large corporate offices, technology parks, co-working spaces, and enterprises, with India emerging as its largest market. At the same time, the company continues to expand its presence in the Middle East and the United States, signalling growing global demand for flexible and scalable building security solutions.
Spintly’s product suite includes Bluetooth- and NFC-enabled access readers, QR-code scanners, and biometric systems such as facial recognition and fingerprint authentication. Moreover, the company complements its hardware with cloud-based software modules that support access management, attendance tracking, visitor management, and video surveillance, including AI-powered analytics for smarter monitoring and insights.
At the core of Spintly’s offering lies its patented wireless mesh architecture, which enables access control deployments without extensive cabling. Consequently, customers can significantly reduce installation time, labour requirements, and infrastructure costs, with the company claiming total project cost savings of up to 80% compared with traditional wired systems.
Parkar explained that the platform remains retrofittable and backward compatible, allowing organisations to modernise security systems without replacing existing infrastructure. Instead, Spintly overlays its technology on legacy systems, enabling a phased and cost-effective transition to smarter access control.
With more than two decades of experience building and scaling technology products at companies such as Motorola, Nokia, and Broadcom, Parkar also highlighted the long-term opportunity for Indian deeptech startups to challenge established global players. He noted that while US and European companies have historically dominated this space, Indian firms increasingly stand ready to export advanced security and building technologies worldwide, with the US representing a key growth market.
Spintly follows a vertically integrated approach by designing its hardware in-house while manufacturing through contract partners located in Gujarat and Tamil Nadu. This strategy allows the company to maintain quality control while scaling production efficiently.
India continues to anchor Spintly’s customer base, with more than 500 active clients. Meanwhile, the company serves close to 100 customers in the US, while the Middle East, a newer market, currently contributes between 10 and 15 customers.
Looking ahead, Spintly plans to deploy the fresh capital primarily toward expanding sales, business development, and marketing across India, the Middle East, and the US. In parallel, the company will invest in research and development to enhance its AI-driven smart building capabilities.
Commenting on the investment, Barath Shankar Subramanian, Partner at Accel, said that traditional access control systems scale poorly as enterprises expand across distributed spaces. He added that Spintly addresses this challenge by decoupling access infrastructure from construction cycles, making modern building security more adaptable and future-ready.
Spintly’s $8 million funding round highlights rising investor confidence in wireless, cloud-based building security. By rethinking access control through mobile-first and AI-led systems, the startup positions itself to play a defining role in the global evolution of smart and secure commercial spaces.
