What is Losant?
Losant operates as a sophisticated enterprise IoT platform, providing a low-code workflow engine that enables organizations to build, deploy, and scale connected solutions with high efficiency. The platform is engineered to handle massive data throughput, supporting millions of data points per second, which is essential for industries ranging from industrial IoT and environmental monitoring to complex asset tracking. By offering seamless data visualization and actionable intelligence, Losant empowers OEMs and telecommunications providers to optimize their operational strategies. The company's architecture is specifically designed to bridge the gap between raw sensor data and meaningful business outcomes, ensuring that enterprises can maintain a competitive edge through flexible and robust technological frameworks.
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 Vine Street Ventures, Revolutions Rise of the Rest Seed Fund, CincyTech, and TechNexus
Debt (2020): $350K featuring PPP
Key Investors in Losant
TechNexus
TechNexus Venture Collaborative is an innovative platform that fosters growth by creating ecosystems between corporations and startups, focusing on scaling high-growth businesses through corporate joint ventures and venture capital.
CincyTech
CincyTech is a public-private seed-stage investor based in Cincinnati, specializing in enterprise software, business applications, and digital health sectors.
Vine Street Ventures
Vine Street Ventures is a full-service development firm that focuses on maximizing value through innovative architecture, sustainability, and strategic brand alignment in mixed-use projects.
What's next for Losant?
With the recent influx of capital, Losant is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise software ecosystem. The company's strategic focus will likely center on enhancing its low-code capabilities to further reduce the barrier to entry for complex IoT deployments. As the demand for real-time operational intelligence continues to rise across global markets, Losant is expected to leverage its current financial standing to deepen its integration with existing enterprise stacks, thereby increasing its value proposition for large-scale industrial clients. Future growth initiatives will likely prioritize the scaling of its infrastructure to support even higher data volumes, ensuring that the platform remains a cornerstone for businesses seeking to harness the full potential of their connected assets.
See full Losant company page
