What is SENSORUP?
The SensorUp location intelligence platform is designed to aggregate vast and diverse data sources into a unified operational picture, catering to complex operations across industries such as oil and gas, logistics, public safety, and the military. By enabling operations teams to make critical, just-in-time decisions, automate efficiencies, and achieve global visibility of assets and personnel, SensorUp empowers customers to uncover hidden patterns and predict outcomes. This leads to substantial cost savings and a reduction in workplace safety incidents. Leveraging an international standard specification developed by its founder, Dr. Steve Liang, SensorUp offers a standards-based platform that future-proofs investments and facilitates the integration of new technologies.
How much funding has SENSORUP raised?
SENSORUP has raised a total of $8M across 2 funding rounds:
Angel/Seed
$2M
Series A
$6M
Angel/Seed (2018): $2M, investors not publicly disclosed
Series A (2020): $6M led by Evok Innovations
Key Investors in SENSORUP
Evok Innovations
Evok Innovations is a climate-focused venture capital firm that invests in hard tech solutions for heavy industry. The firm partners with exceptional entrepreneurs to scale transformative technologies in energy, critical minerals, industrial optimization, and adaptation and resilience. Founded in 2016, Evok combines its experience as company builders and investors to support the next generation of energy and industrial innovations. With a hands-on approach, Evok aims to empower entrepreneurs to develop technologies that redefine industries and drive meaningful change.
What's next for SENSORUP?
With its recent enterprise-level financing, SENSORUP is strategically positioned to enhance its market penetration and technological innovation. The company's focus on providing a standards-based, future-proof platform suggests a commitment to interoperability and adaptability in the rapidly evolving data intelligence landscape. Future investments will likely target the expansion of its platform's capabilities, particularly in predictive analytics and automated decision-making, further solidifying its value proposition for high-stakes operational environments. The company's ability to drive significant cost savings and improve safety metrics underscores its potential for sustained growth and market leadership.
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