What is Estimote?
Estimote specializes in location and proximity technologies, offering UWB Tags that provide inch-level precision for asset tracking and automation. Their programmable JavaScript interface allows developers to create innovative applications across warehousing, logistics, healthcare, and retail sectors. With a history of deploying millions of sensors for major clients like Apple and Amazon, Estimote has established itself as a key player in wireless sensor technology and IoT solutions.
How much funding has Estimote raised?
Estimote has raised a total of $16.4M across 2 funding rounds:
Angel/Seed
$3.1M
Series A
$13.3M
Angel/Seed (2013): $3.1M with participation from Innovation Endeavors, Birchmere Ventures, Betaworks, and Bessemer Venture Partners
Series A (2016): $13.3M led by Homebrew, Javelin Venture Partners, Digital Garage, Box Group, and Commerce Ventures
Key Investors in Estimote
Homebrew
Homebrew is a venture capital firm that backs founders building new products and platforms in technology, commerce, and services, providing committed capital and practical guidance to help early teams grow with discipline.
Javelin Venture Partners
Javelin Venture Partners backs founders building new products and platforms in technology, commerce and services. The firm provides committed capital, practical guidance and a close partnership mindset, helping early teams sharpen strategy, grow with discipline and turn ambitious ideas into lasting companies.
Box Group
BoxGroup is an early-stage investment fund that focuses on technology companies across various sectors including climate, fintech, and software, investing in solo founders and innovative ideas.
What's next for Estimote?
The recent major strategic investment signals a new phase of growth and development for Estimote. This capital infusion is expected to fuel further innovation in their UWB Tag technology and expand their market reach within enterprise-level applications. The company is poised to enhance operational efficiency and safety for a broader range of industries, leveraging its expertise in wireless sensor technology to solidify its market leadership.
See full Estimote company page
