What is LISNR?
LISNR operates at the intersection of proximity-based engagement and secure authentication, utilizing its patented ultrasonic technology to facilitate seamless interactions between devices. The company's core offerings, including the Radius Ultrasonic SDK and the Quest Customer Engagement Platform, provide a sophisticated alternative to traditional connectivity methods like Bluetooth or NFC. By transforming standard audio hardware into a data transmission medium, LISNR enables high-fidelity, contactless experiences across the finance, retail, and mobility sectors. This unique value proposition allows enterprises to deploy personalized, gamified loyalty programs and secure transaction protocols without the friction associated with legacy hardware requirements, positioning LISNR as a pivotal player in the digital transformation of physical touchpoints.
How much funding has LISNR raised?
LISNR has raised a total of $19.2M across 8 funding rounds:
Other Financing Round
$850K
Unspecified
$250K
Multiple Rounds
$7.1M
Series B
$10M
Debt
$350K
Debt
$630K
Other Financing Round (2013): $850K with participation from SeedInvest and R/GA
Unspecified (2013): $250K led by CincyTech
Private Equity (2014): $1.5M, investors not publicly disclosed
Private Equity (2014): $2.1M featuring Progress Ventures
Series A (2014): $3.5M backed by Jump Capital, CincyTech, Mercury Fund, Serra Ventures, and Progress Ventures
Series B (2015): $10M with participation from R/GA, Intel Capital, Jump Capital, and Mercury Fund
Debt (2020): $350K led by PPP
Debt (2021): $630K supported by PPP
Key Investors in LISNR
Intel Capital
A division of Intel, this firm invests in innovative startups targeting artificial intelligence, autonomous vehicles, and next-generation compute technologies.
Jump Capital
A venture capital firm specializing in early-stage founders focused on solving complex challenges in fintech, application software, and infrastructure.
R/GA
A full-service digital advertising agency that provides communications, commerce, and consulting solutions for global brands.
What's next for LISNR?
Looking ahead, LISNR is well-positioned to capitalize on the growing demand for frictionless, secure digital interactions. The recent capital injection provides the necessary runway to accelerate the deployment of its Quest platform and expand its footprint in high-growth markets. Strategic priorities likely include deepening integration with enterprise-level CRM systems and enhancing the scalability of its ultrasonic SDK to support broader IoT applications. As the company matures, the focus will shift toward sustaining its competitive advantage through continued R&D investment and strategic partnerships, ensuring that its proximity-based solutions remain the industry standard for secure, contactless customer engagement in an increasingly connected global economy.
See full LISNR company page
