# iLife Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ilife-technologies

- Industry: Software
- Headquarters: Sunnyvale, US
- Website: www.ilife.tech
- Total disclosed funding: $22M
- Latest round: Series A (Sep 6, 2022)
- Investors on record: 7

## About

Based in Sunnyvale, US, iLife Technologies, Inc. focuses on delivering innovative technology solutions to enhance operational efficiency and user experience in various sectors including retail, healthcare, and logistics.iLife Technologies, Inc., founded in 2019 in Sunnyvale, US, specializes in advanced technology solutions. The company has completed 2 deals, with its most recent being a Series A funding round on September 6, 2022, wherein it raised USD 17.63 mn. This funding was co-led by Brewer Lane Ventures and SCOR, with participation from Foundation Capital, GTMfund, and OpenView Venture Partners. The company's founders, Amit Lohia and Nelson Lee, have not been reported to have prior companies of note. The total amount raised by iLife Technologies to date is USD 17.63 mn, with a current valuation of USD 34.52 mn.iLife Technologies specializes in providing innovative technology solutions that enhance operational efficiency and user experience. Their core offerings include advanced software platforms focused on data management, analytics, and automation, primarily catering to the retail, healthcare, and logistics sectors. These solutions address specific challenges such as inventory optimization, patient care management, and supply chain transparency, serving a diverse client base of small to medium-sized enterprises and large corporations in North America and Europe.iLife Technologies generates revenue through a combination of subscription-based services and direct sales of their software products. Clients typically enter into annual agreements that include access to their flagship products, featuring real-time analytics and customizable dashboards. This subscription model allows clients to benefit from ongoing updates and support, fostering long-term relationships. Additionally, the company offers tiered pricing plans based on usage scale and number of users, accommodating clients from startups to established enterprises. Direct consultations ensure that offerings are tailored to meet specific client needs, enhancing customer satisfaction and retention.In September 2022, iLife Technologies, Inc. secured USD 17.63 mn in Series A funding, aimed at supporting its product engineering and growth. The company is focused on developing new products that enhance its current offerings, with plans to expand its market reach into new geographic regions, although specific targets have not been disclosed. The recent investment will support these initiatives, positioning the company for strategic growth in the coming years.

## Funding rounds

- Series A, Sep 6, 2022, $18M — Foundation Capital, SCOR, OpenView, Brewer Lane Ventures, GTMfund
- Seed, May 21, 2021, $4M — Foundation Capital, AME Cloud Ventures, Cherubic Ventures

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed, Series A
- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Seed
- Cherubic Ventures (https://capitalatlas.ai/funds/cherubic-ventures) — Seed
- SCOR — Series A
- OpenView (https://capitalatlas.ai/funds/openview) — Series A
- Brewer Lane Ventures (https://capitalatlas.ai/funds/brewer-lane-ventures) — Series A
- GTMfund (https://capitalatlas.ai/funds/gtmfund) — Series A