What is Losant?
Losant operates as a sophisticated enterprise IoT platform, engineered to facilitate the seamless development and deployment of connected solutions. At its core, the platform provides a high-performance, low-code workflow engine that enables organizations to orchestrate complex data streams and generate actionable intelligence with precision. By supporting millions of data points per second, Losant empowers businesses across industrial IoT, asset tracking, and environmental monitoring sectors to optimize their operational strategies.
The platform's architecture is specifically designed for scalability and flexibility, allowing enterprises to integrate disparate systems into a unified, manageable ecosystem. As companies increasingly rely on real-time insights to drive decision-making, Losant's infrastructure serves as a foundational layer for digital maturity, enabling clients to transition from reactive maintenance to proactive, data-driven operational models.
How much funding has Losant raised?
Losant has raised a total of $11.3M across 4 funding rounds:
Unspecified
$1.3M
Private Equity
$4.5M
Series A
$5.2M
Debt
$350K
Unspecified (2016): $1.3M with participation from CincyTech
Private Equity (2017): $4.5M, investors not publicly disclosed
Series A (2018): $5.2M supported by CincyTech, Revolutions Rise of the Rest Seed Fund, Vine Street Ventures, and TechNexus
Debt (2020): $350K featuring PPP
Key Investors in Losant
CincyTech
CincyTech is a public-private seed-stage investment firm based in Cincinnati, Ohio, focusing on high-growth sectors including enterprise software, business applications, and digital health.
TechNexus
TechNexus Venture Collaborative acts as an innovation platform that bridges the gap between corporations and startups, providing strategic capital and venture-building expertise to scale high-growth businesses.
Vine Street Ventures
Vine Street Ventures is a specialized development firm that focuses on hospitality-centered real estate and mixed-use projects, emphasizing sustainable design and brand alignment.
What's next for Losant?
With the recent infusion of capital, Losant is well-positioned to accelerate its product roadmap and expand its market footprint. The strategic focus will likely center on enhancing the platform's data visualization capabilities and deepening its integration with emerging edge computing technologies. As the demand for industrial-grade IoT solutions continues to surge, Losant's ability to provide a secure, scalable, and user-friendly environment will be paramount in maintaining its competitive advantage.
Looking ahead, the company is expected to leverage its current financial standing to forge deeper partnerships within the enterprise software ecosystem. By focusing on high-growth verticals such as smart manufacturing and predictive analytics, Losant is poised to capture a larger share of the IoT market, further cementing its reputation as a vital partner for organizations seeking to harness the power of connected intelligence.