What is Location Based Technologies?
Location Based Technologies, Inc. specializes in the design, development, and sale of commercial and consumer wearable global positioning system (GPS) tracking solutions. Leveraging worldwide GSM network technology, the company offers consumer products under the PocketFinder brand, providing real-time location data, historical tracking, and customizable alerts for assets, pets, and vehicles. For commercial clients, the LBT brand delivers robust tracking features, including environmental monitoring and lone worker safety alerts, serving small to midsize businesses, enterprises, and governmental organizations through online channels and its dedicated website.
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 substantial expansion capital, Location Based Technologies is poised to accelerate its growth and market penetration. The company's strategic focus on both consumer and commercial applications, coupled with its established product lines like PocketFinder and LBT trackers, positions it for enhanced development and wider adoption. Future initiatives are likely to involve scaling operations, refining technological capabilities, and expanding its sales and distribution networks to capitalize on the increasing demand for reliable location-based services.
See full Location Based Technologies company page