What is LISNR?
LISNR operates an ultrasonic proximity platform designed to revolutionize customer engagement. Through its Radius Ultrasonic SDK and Quest Customer Engagement Platform, the company facilitates proximity-based promotions, secure authentication, and gamified loyalty experiences. LISNR's technology enables seamless, contactless interactions across industries such as finance, retail, and mobility, bypassing the need for traditional connectivity. This innovative approach transforms standard customer touchpoints into opportunities for personalized engagement, fostering stronger client relationships and ensuring secure, efficient transactions. The company's focus on building lasting client relationships through optimized customer experiences positions it as a key player in the evolving digital engagement landscape.
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 R/GA and SeedInvest
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 CincyTech, Progress Ventures, Jump Capital, Mercury Fund, and Serra Ventures
Series B (2015): $10M with participation from Jump Capital, Mercury Fund, R/GA, and Intel Capital
Debt (2020): $350K led by PPP
Debt (2021): $630K supported by PPP
Key Investors in LISNR
Jump Capital
Jump Capital is a venture capital firm that invests in early-stage founders focused on solving challenges in fintech, application software, and infrastructure software. The firm is known for its rigorous financial expertise and commitment to understanding the businesses it supports, providing tangible help to its portfolio companies. With a team of seasoned operators, Jump Capital actively engages in strategic opportunities, hiring, and operational decision support to ensure the success of its clients. Their approach combines curiosity with experience, fostering a collaborative environment for growth and innovation.
Mercury Fund
Mercury Fund is an early-stage venture capital firm based in Houston, Texas. They focus on investing in software and technology-enabled businesses, particularly those in the B2B space. The firm is known for its hands-on approach, providing strategic guidance and operational support to its portfolio companies to help them scale effectively.
CincyTech
CincyTech, headquartered in Cincinnati, Ohio, is a public-private seed-stage investor company. They specialize in industries such as enterprise software, business software applications, life sciences, and digital health.
What's next for LISNR?
With its recent major strategic investment and substantial overall capital, LISNR is poised for accelerated growth and market penetration. The company's focus on enhancing customer engagement through its proprietary ultrasonic technology suggests a strategic push into new markets and the expansion of its platform's capabilities. Future developments are likely to center on further integrating its solutions within the finance, retail, and mobility sectors, potentially exploring new applications for secure, contactless transactions and personalized promotions. Continued investment will likely fuel research and development, aiming to solidify LISNR's position as a leader in proximity-based engagement solutions and expand its global reach.
See full LISNR company page
