What is Impinj?
Impinj, Inc. is a pivotal technology company specializing in the development and distribution of RAIN RFID solutions. Its comprehensive platform, which includes RFID chips, readers, gateways, and sophisticated software, empowers businesses across various sectors like retail, logistics, and healthcare to achieve real-time tracking, enhance automation, and gain critical visibility. By enabling item-level intelligence, Impinj's technology drives improvements in operational efficiency, data accuracy, and strategic decision-making, positioning it as a key player in the Internet of Things (IoT) ecosystem.
How much funding has Impinj raised?
Impinj has raised a total of $317.8M across 11 funding rounds:
Series D
$26.5M
Series E
$19M
Other Financing Round
$14M
Debt
$5.8M
Other Financing Round
$21M
Stock Offering
$69.2M
Stock Offering
$38.7M
Debt
$72.6M
Series D (2005): $26.5M featuring GF Private Equity Group, LLC, ARCH Ventures, VentureTech Alliance, Mobius Venture Capital, Viterbi Group, UPS Strategic Enterprise Fund, and Polaris Partners
Series E (2007): $19M backed by GF Private Equity Group, LLC, Unilever Technology Ventures, VentureTech Alliance, Madrona Venture Group, Polaris Partners, ARCH Ventures, Mobius Venture Capital, Viterbi Group, and UPS Strategic Enterprise Fund
Other Financing Round (2008): $14M with participation from LS Industrial Systems, Inventec Corporation, Samsung Ventures, and YFY Group
Debt (2010): $5.8M, investors not publicly disclosed
Other Financing Round (2012): $21M supported by GF Private Equity Group, LLC, Intel Corporation, AllianceBernstein L.P., Madrona Venture Group, ARCH Venture Partners, Polaris Partners, and Mobius Venture Capital
Stock Issuance/Offering (2016): $69.2M, investors not publicly disclosed
Stock Issuance/Offering (2016): $38.7M, investors not publicly disclosed
Debt (2019): $72.6M, investors not publicly disclosed
Key Investors in Impinj
LS Industrial Systems
LS Industrial Systems is a player in the Electronics industry, contributing to Impinj's funding rounds with its focus on industrial technology solutions.
Inventec Corporation
Inventec Corporation, known for its smart handheld devices and Internet appliance solutions, has provided backing to Impinj, aligning with its expertise in technology convergence.
Samsung Ventures
Samsung Ventures, a venture capital arm, has invested in Impinj, signaling confidence in the company's innovative RFID technology and market potential.
What's next for Impinj?
The substantial enterprise-level funding and recent strategic investment indicate that Impinj is likely in a growth or scaling phase, poised for further innovation and market penetration. This capital infusion is expected to fuel advancements in its RAIN RFID technology, expand its global reach, and potentially explore new industry verticals. The company's focus on item-level intelligence suggests a strategic direction towards deeper integration into supply chain management, smart retail, and industrial automation, reinforcing its role in the digital transformation of physical goods.
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