We are thrilled to announce that Exact Comms Ltd, a pioneering company specializing in contactless facility management and time & attendance systems, has successfully raised £155,000 in its latest funding round. This significant investment will be instrumental in enhancing our innovative technology, which addresses one of the major pain points in existing Computer-Aided Facility Management (CAFM) systems: human error. Traditional methods such as tap, scan, and sign systems often lead to inaccuracies as staff members occasionally forget or prioritize urgent tasks, creating critical gaps in compliance. Our cutting-edge solution utilizes Bluetooth technology to streamline attendance tracking by allowing staff to carry small key fobs or name badges that are automatically recognized by our wall-mounted readers within a specific range. This setup not only ensures precise recording of location-based data but also accurately measures the amount of time staff spend in particular areas — effectively eliminating the potential for human error. By simplifying the attendance process, we not only enhance operational efficiency but also significantly reduce the risk of public liability claims associated with compliance gaps. The funds raised will help us expand our infrastructure, improve our product offerings, and extend our market reach, so we can empower organizations to manage their facilities with greater accuracy and reduced risk. As we move forward, we remain committed to leading the way in contactless technology solutions that redefine industry standards while ensuring a seamless experience for facility management professionals.
Exact Comms Ltd Secures 155K in Pre-Seed Funding for Contactless Facility Management Innovation
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