Financials

Estimates*

Edit
Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues4.0m4.0m4.0m4.1m5.2m5.2m5.2m
% growth---2 %28 %--
EBITDA(3.0m)<1m<1m<1m1.4m--
% EBITDA margin(75 %)5 %8 %6 %26 %--
Profit-<1m<1m<1m1.3m--
% profit margin-1 %5 %4 %25 %--
  • Edit
DateInvestorsAmountRound
-

N/A

-

N/A

Seed

$300k

Seed

N/A

Seed

$3.1m

Seed

$10.7m

Series A

$250k

Series A
N/A

$6.5m

Series A

$3.0m

Series A
N/A

$1.8m

Convertible

$2.0m

Convertible

N/A

Late VC
Total Funding€25.1m

Recent News about Estimote, Inc.

Edit
More about Estimote, Inc.info icon
Edit

Estimote specializes in developing Ultra-Wideband (UWB) tags that offer precise location tracking and automation solutions. These tags can detect other nearby tags with inch-level precision and trigger actions based on proximity. Equipped with built-in IMU and pressure sensors, they can track movement and elevation, making them ideal for asset tracking, productivity, and safety applications. The tags can send real-time location and other data over LTE directly to endpoints, providing seamless indoor and outdoor tracking capabilities. Estimote's UWB tags are programmable and connected, allowing for extensive automation possibilities. For example, team members can wear them, and actions can be triggered automatically by entering different rooms or approaching equipment. Each tag features a precise clock and an ultra-wideband transmitter, enabling them to measure distances with high accuracy by calculating the travel time of radio signals. This technology is particularly beneficial for creating automated and 'magical' experiences. The tags are powered by a 400 mAh rechargeable battery, with battery life varying based on configuration. For simple beaconing, they can last years on a single charge, while more complex tasks like proximity detection and data transmission can reduce battery life to a few weeks. Estimote serves a diverse range of clients, including those in logistics, manufacturing, and enterprise sectors, providing them with advanced tracking and automation solutions. The company operates in the IoT (Internet of Things) market and generates revenue through the sale of its UWB tags and related services.

Keywords: UWB tags, asset tracking, automation, real-time data, LTE connectivity, IMU sensors, pressure sensors, indoor tracking, outdoor tracking, IoT solutions.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.