How Much Did sensewhere Raise?
Funding & Key Investors

Sensewhere has successfully secured a significant capital injection, bringing its total funding to $1.8M. This latest financing round, which accounts for $1.8M, underscores the company's pivotal role in the evolving landscape of indoor positioning systems. By leveraging crowd-sourced radio frequency data, the firm continues to solidify its market presence, attracting institutional backing to scale its proprietary global RF location database and expand its technological footprint within the enterprise sector.

What is sensewhere?

sensewhere
SoftwareMobile App Development

Sensewhere operates at the intersection of mobile technology and spatial intelligence, providing a sophisticated crowd-sourced approach to indoor positioning. The company utilizes a self-generating and self-correcting database that cross-references radio frequency access point data from user devices. This innovative methodology allows for high-precision location tracking in complex indoor environments such as airports and shopping malls. By integrating detailed mapping solutions, Sensewhere provides a robust sandbox for developers and enterprise clients to deploy location-aware applications, effectively bridging the gap between digital mapping and real-world navigation.

How much funding has sensewhere raised?

sensewhere has raised a total of $1.8M across 1 funding round:

2016

Grant

$1.8M

Grant (2016): $1.8M with participation from Scottish Enterprise

Key Investors in sensewhere

Scottish Enterprise

Scottish Enterprise is a national economic development agency and a non-departmental public body of the Scottish Government, focused on fostering innovation and economic growth.

What's next for sensewhere?

With this major strategic investment, Sensewhere is positioned to accelerate its commercialization efforts and deepen its integration with global mapping partners. The company's roadmap likely involves scaling its RF location database to support higher volumes of concurrent users and expanding its API offerings for third-party developers. As the demand for accurate indoor navigation grows across retail and transportation sectors, Sensewhere is well-equipped to capitalize on its unique data-driven advantage. Future growth will likely focus on enhancing monetization strategies through strategic partnerships and refining the accuracy of its proprietary positioning algorithms to maintain a competitive edge in the location-based services market.

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Frequently Asked Questions Regarding sensewhere Financial Insights

What are the most recent funding rounds that sensewhere has completed, and what were the funding rounds?
sensewhere has recently completed 1 funding rounds: Grant on Aug 27, 2016.
What is the total amount of funding sensewhere has raised to date?
sensewhere has raised a total of $1.8M in funding to date.
How many funding rounds has sensewhere completed?
sensewhere has completed 1 funding rounds.
How much funding did sensewhere raise in its most recent funding round?
sensewhere raised $1.8M in its most recent funding round.
Who are the lead investors in sensewhere's latest funding round?
The lead investor in sensewhere's latest funding round was Scottish Enterprise. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in sensewhere's history?
The largest funding round in sensewhere's history was $1.8M.
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