What is Location Based Technologies?
Location Based Technologies specializes in the design, development, and distribution of advanced GPS tracking solutions. Operating under the well-recognized PocketFinder brand for consumer applications and the LBT brand for commercial and governmental use, the company provides a sophisticated ecosystem for monitoring mobile assets, personnel, and vehicles. Their hardware portfolio is engineered to deliver precise telemetry data, including longitude, latitude, altitude, and speed, while offering granular control through geo-fencing and real-time alert notifications.
The company's market position is defined by its dual-pronged approach: providing user-friendly, portable tracking devices for personal safety and pet security, alongside ruggedized, hardwired solutions for enterprise fleet management and industrial asset monitoring. By integrating temperature, light, and humidity sensors with engine diagnostics, Location Based Technologies addresses the complex requirements of modern logistics and lone worker safety, establishing itself as a critical infrastructure partner for organizations requiring high-fidelity location data.
How much funding has Location Based Technologies raised?
Location Based Technologies has raised a total of $71K across 1 funding round:
Debt
$71K
Debt (2021): $71K with participation from PPP
Key Investors in Location Based Technologies
PPP
Public-Private Partnership
What's next for Location Based Technologies?
With the recent influx of capital, Location Based Technologies is expected to prioritize the scaling of its enterprise-grade LBT product line. The strategic roadmap likely involves deepening its penetration into the governmental and mid-market enterprise sectors, where demand for sophisticated asset monitoring and engine-interrupt capabilities is rising. Furthermore, the company is poised to refine its software-as-a-service (SaaS) offerings, potentially integrating advanced analytics to provide predictive insights for fleet operators and logistics managers.
As the firm moves forward, the focus will likely shift toward optimizing its GSM network integration and exploring next-generation connectivity standards to maintain its competitive edge. By capitalizing on the growing necessity for real-time visibility in global supply chains, Location Based Technologies is strategically aligned to capture additional market share, leveraging its established brand equity and technical expertise to drive long-term shareholder value.
