What is Senet?
Headquartered in Portsmouth, New Hampshire, Senet specializes in cloud-based software and services platforms designed to facilitate global connectivity. The company provides the essential infrastructure required for on-demand network deployments, addressing the complex demands of the modern IoT landscape. By offering scalable solutions that simplify network management and device integration, Senet enables enterprises to deploy large-scale IoT applications with greater efficiency. Its market position is defined by its ability to bridge the gap between hardware connectivity and software-driven intelligence, making it a vital partner for organizations seeking to leverage IoT for operational optimization.
How much funding has Senet raised?
Senet has raised a total of $70.8M across 9 funding rounds:
Private Equity
$4.3M
Debt
$3.7M
Private Equity
$5.3M
Debt
$976K
Private Equity
$2.2M
Private Equity
$8.6M
Series A
$18M
Private Equity
$11.8M
Series B
$16M
Private Equity (2009): $4.3M, investors not publicly disclosed
Debt (2012): $3.7M, investors not publicly disclosed
Private Equity (2013): $5.3M, investors not publicly disclosed
Debt (2014): $976K, investors not publicly disclosed
Private Equity (2014): $2.2M, investors not publicly disclosed
Private Equity (2015): $8.6M, investors not publicly disclosed
Series A (2015): $18M led by Activate Venture Partners, Harbor Light Capital Partners, LLC, and City Light Capital
Private Equity (2017): $11.8M, investors not publicly disclosed
Series B (2020): $16M featuring Fisk Ventures
Key Investors in Senet
Activate Venture Partners
Activate Venture Partners is a leader in early-stage venture capital, focusing on digital health and applied technology investments. They support visionary founders with domain knowledge and a commitment to building impactful companies.
Harbor Light Capital Partners, LLC
Harbor Light Capital Partners is a regional venture capital firm that focuses on investing in New England and the Intermountain West, dedicated to building long-term value through strategic capital collaboration.
City Light Capital
City Light Capital is a venture capital firm that invests in early stage companies which provide strong financial returns alongside positive contributions to society and the environment.
What's next for Senet?
Looking ahead, the recent capital influx is expected to drive further innovation in Senet's network-as-a-service offerings. The company is well-positioned to capitalize on the increasing demand for reliable, low-power wide-area network (LPWAN) connectivity. Strategic priorities likely include expanding its global footprint, enhancing its software platform capabilities, and deepening its integration with enterprise-grade IoT ecosystems. As the industry moves toward more sophisticated, data-intensive applications, Senet's focus on robust, cloud-native infrastructure will be pivotal in maintaining its competitive edge and driving long-term value for its stakeholders.
See full Senet company page
