How Much Did TeleSense Raise?
Funding & Key Investors

TeleSense, a pioneer in Industrial IoT solutions for the global food supply chain, has successfully secured a total of $17.1M in capital to date. This trajectory of financial backing, which includes a recent strategic investment of $10.2M, underscores the company's critical role in mitigating environmental risks across grain and food production, storage, and logistics. By leveraging advanced sensor technology, the firm has established a robust foundation for scaling its operations within the high-stakes agricultural technology sector.

The company's growth narrative is marked by a series of strategic financing rounds, beginning with its initial Series A in 2018, followed by debt financing in early 2020, and culminating in a significant Series B round in October 2020. This progression reflects a clear commitment to long-term infrastructure development and market expansion, positioning TeleSense as a vital player in the modernization of global food security systems.

What is TeleSense?

TeleSense
SoftwareSupply Chain Management (SCM) SoftwareNetworking Software

Founded in 2013 and headquartered in Sunnyvale, California, TeleSense specializes in real-time environmental monitoring. The company provides comprehensive IoT-driven insights that allow stakeholders in the food supply chain to monitor temperature, humidity, and other critical variables that impact product quality and safety. By digitizing the physical environment of food storage and transport, TeleSense addresses the inefficiencies and waste inherent in traditional agricultural logistics. Their market position is defined by a focus on high-value enterprise solutions that integrate seamlessly into existing industrial workflows, thereby reducing spoilage and enhancing operational transparency for global food producers and retailers.

How much funding has TeleSense raised?

TeleSense has raised a total of $17.1M across 3 funding rounds:

2018

Series A

$6.5M

2020

Debt

$350K

Series B

$10.2M

Series A (2018): $6.5M, investors not publicly disclosed

Debt (2020): $350K led by PPP

Series B (2020): $10.2M supported by Artesian Venture Partners, Fulcrum Global Capital, Mindset Ventures, Finistere Ventures LLC, and UPL

Key Investors in TeleSense

Mindset Ventures

Mindset Ventures is a venture capital firm focused on early-stage B2B startups in the United States and Israel, particularly in sectors such as Agriculture, Financial Services, Healthcare, Cybersecurity, and Enterprise Software.

Artesian Venture Partners

Artesian Venture Partners is a global alternative investment management firm that provides early-stage and growth-stage capital to innovative technology companies.

Fulcrum Global Capital

Fulcrum Global Capital is a venture capital firm specializing in the agricultural technology sector, focusing on investments that drive efficiency and sustainability in the global food supply chain.

What's next for TeleSense?

With the infusion of capital from its latest funding round, TeleSense is well-positioned to accelerate its product development roadmap and expand its footprint in international markets. The company is expected to focus on enhancing its predictive analytics capabilities, allowing for more proactive risk management in the food supply chain. As the industry continues to prioritize sustainability and waste reduction, TeleSense's ability to provide actionable, real-time data will likely serve as a key differentiator. Future strategic initiatives will likely involve deepening partnerships with global agricultural conglomerates and scaling its IoT deployment to meet the increasing demand for resilient, data-backed food supply chain infrastructure.

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Frequently Asked Questions Regarding TeleSense Financial Insights

What are the most recent funding rounds that TeleSense has completed, and what were the funding rounds?
TeleSense has recently completed 3 funding rounds: Series B on Oct 22, 2020, Debt on Apr 15, 2020, Series A on Aug 28, 2018.
What is the total amount of funding TeleSense has raised to date?
TeleSense has raised a total of $17.1M in funding to date.
How many funding rounds has TeleSense completed?
TeleSense has completed 3 funding rounds.
How much funding did TeleSense raise in its most recent funding round?
TeleSense raised $10.2M in its most recent funding round.
Who are the lead investors in TeleSense's latest funding round?
The lead investor in TeleSense's latest funding round was Artesian Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in TeleSense's history?
The largest funding round in TeleSense's history was $10.2M.
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