Funding · Enterprise Software & IT

Spintly raises $8M Series A from Accel for global expansion

By Startup Enthusiast · 26 February 2026

What they do

Spintly makes wireless access control and smart building systems using Bluetooth mesh technology

The company raised $8 million in a Series A round led by Accel with other investors

Funds will expand sales in India, MEA, and the US while funding AI-driven R&D

Spintly has raised $8 million in a Series A funding round.
The investment was led by Accel, an established venture capital firm.
Other participants included Enrission India Capital, SucSEED Ventures, Alumni Ventures, and Chakra Growth Fund.
This round marks Spintly as part of the Accel Atoms pre-seed and seed platform program.
The startup plans to use the capital to scale its operations and product offerings significantly.
The company aims to strengthen its presence in key international markets beyond India.
This funding supports their strategy to grow revenue through hardware sales and cloud subscriptions.
Spintly continues to compete against established players like Openpath and Brivo globally.

The funding validates Spintly's technology in the competitive IoT security space.
It highlights growing demand for smart building solutions across corporate and tech park sectors.
Expansion into the US and MEA signals confidence in their scalable business model.
Participation from multiple investors indicates strong market interest in Indian deep-tech startups.
The focus on AI-driven R&D suggests efforts to differentiate through advanced features.

Spintly operates from Goa, India, serving customers across India, MEA, and the US.
The company provides wireless, cloud-based access control and smart building systems.
Its core technology uses Bluetooth Low Energy mesh networking for enterprise security.
Products include keyless entry, attendance tracking, and visitor management via smartphones.
Hardware offerings consist of access readers, controllers, gateways, and smart locks.
Software portfolio includes Spintly Uno, Spintly Gateway, and Spintly Halo among others.
Revenue comes from a hybrid model of hardware sales and recurring cloud platform fees.
Customers include corporate offices, tech parks, co-working spaces, and large enterprises.
The company holds 7 patents related to its proprietary security technologies.

Spintly will expand sales and business development teams in India, MEA, and the US.
The company plans to invest in R&D for AI-driven building systems and new features.
Operations and infrastructure scaling are prioritized to support growing customer bases.

Accel (lead) — Global venture capital firm known for early-stage tech investments.
Enrission India Capital (participant)
SucSEED Ventures (participant)
Alumni Ventures (participant)
Chakra Growth Fund (participant)

Product: based SaaS startup
Customers: Enterprise customers managing access across large commercial spaces and multi-location facilities
How it makes money: Provides cloud-based access control and smart building software for business customers
What sets it apart: Uses proprietary BLE mesh and smartphone-based, wireless infrastructure to reduce wiring and retrofit complexity