InfiSense Unlocks Real World Data To Help Experts Solve The World's Most Pressing Problems
InfiSense currently powers leading businesses that use data to address building decarbonization and to optimize indoor agriculture production, helping to offset the effects of climate change.
Similar to financial analysts that pay premiums for information delivered through curated data feeds, InfiSense's customers rely on them to deliver persistent and actionable streams of data from low power, long range wide area network (LoRaWAN) sensors easily installed in the real world.
"We translated the input and feedback from our CDL mentors into actions that honed our value proposition and product offering," said Tim Guiterman, InfiSense's CEO and Co-Founder. "We immediately translated this into increased sales, dramatically increasing our footprint to thousands of data feeds at over 550 sites throughout North America."
InfiSense secured a lead investment from FreshTracks Capital (https://www.freshtrackscap.com/
This round of funding will fuel InfiSense's next stage of revenue and team growth, including hiring of additional software development and customer success team members. "FreshTracks understands the importance of data in tackling the burning issues of our time, so we're thrilled to have them as an early partner," said Guiterman. "Our goal is to let customers transform real world data from anywhere on the planet into actionable intelligence, and now we can put this capital to work to make that happen."
About InfiSense (www.infisense.com)
InfiSense's cloud-based API enables its customers to build real world data feeds from low power, long range wide area network (LoRaWAN) sensors
About FreshTracks Capital (www.freshtrackscap.com)
Founded in 2001, FreshTracks is a Vermont-based investment fund that uses venture capital to create positive economic and community impacts. Across its five funds, which total more than $50 million, FreshTracks has invested in more than 55 companies. The firm's Managing Directors, Cairn Cross, Lee Bouyea and T.J. Whalen, are actively investing out of both FreshTracks IV and the FreshTracks Capital Growth Fund.