What is Origin?
Founded in 2013 and headquartered in Rockville, Maryland, Origin is at the forefront of revolutionizing Wi-Fi technology with its patented Wi-Fi Sensing AI. The company's award-winning applications are designed to enhance people's lives by enabling businesses to develop high-performance, cost-effective, and user-friendly Wi-Fi smart home, health, well-being, and automotive solutions. Origin's technology leverages existing Wi-Fi infrastructure to create intelligent sensing capabilities, positioning it as a key innovator in the Internet of Things (IoT) and artificial intelligence sectors.
How much funding has Origin raised?
Origin has raised a total of $47.2M across 4 funding rounds:
Series A
$3.9M
Debt
$350K
Debt
$416K
Series B
$42.5M
Series A (2018): $3.9M, investors not publicly disclosed
Debt (2020): $350K led by PPP
Debt (2021): $416K supported by PPP
Series B (2023): $42.5M featuring Inspire, Verizon, Okinawa Electric Power, and Verisure
Key Investors in Origin
Inspire
Inspire is a healthcare social network that builds and manages online health communities for patients and caregivers, connecting them to life science companies for research. Their platform aids scientific discoveries and patient enrollment in clinical trials.
Verizon
Verizon Enterprise Solutions provides comprehensive network, security, and communications services to business and government clients, offering cloud computing, managed services, and IoT solutions.
Verisure
Verisure, founded in 1988 and based in Geneva, Switzerland, specializes in providing monitored security services.
What's next for Origin?
With the recent influx of major strategic investment, Origin is poised for accelerated expansion and further technological development. This substantial backing, amounting to $42.5M in its latest round, will likely fuel advancements in its Wi-Fi Sensing AI platform, enabling the company to scale its operations and penetrate new markets. The company's focus on enterprise-level solutions suggests a strategic push towards integrating its technology into broader commercial applications, potentially solidifying its leadership in the smart device and connected environment sectors.
See full Origin company page