InnerSpace Technologies

SoftwareSeries AToronto, Canadainnerspace.io

Latest round

Series A

Last raised

Aug 2023

Total raised

$11M

Investors

6

About InnerSpace Technologies

Based in Canada, InnerSpace Technologies Inc.Founded in 2016 and headquartered in Toronto, Canada, InnerSpace Technologies Inc., and Matt Macgillivray.InnerSpace specializes in next-generation sensor-free space utilization data, leveraging existing Wi-Fi networks to provide comprehensive insights into office occupancy and space utilization. Their core offering is a sophisticated analytics platform that employs patented Predictive Hyperbolic Location Fingerprinting (PHLF) algorithms to accurately track the presence and movement of individuals within workplace environments. By analyzing Wi-Fi data, InnerSpace enables organizations to make informed decisions about their office design and resource allocation, ultimately enhancing productivity and collaboration. The platform is aimed at corporate clients across various industries, including higher education and large enterprises, and operates in key markets including North America, Europe, and parts of Asia.InnerSpace operates on a subscription-based revenue model, where clients pay for access to its analytics platform and services. The typical client engagement involves a contractual agreement, allowing businesses to utilize the platform to gain actionable insights into their workspace dynamics. Revenue generation is facilitated through tiered subscription plans, which may encompass features ranging from basic occupancy tracking to advanced analytical capabilities tailored to specific business needs. The company’s offerings are designed for business-to-business transactions, primarily targeting corporate real estate managers and workplace strategists. intends to accelerate product development and enhance its operational capabilities. The company is focused on expanding its market presence, with plans to penetrate additional regions in Europe and Asia by the end of 2024.

Who invested in InnerSpace Technologies

6 investors across 3 rounds

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Funding rounds

  1. Series A

    Aug 10, 2023

    Amount

    $7.4M

    Investors

    Locked

  2. Seed

    Mar 26, 2019

    Amount

    $3.2M

    Investors

    Locked

  3. Seed

    Jun 1, 2018

    Amount

    Undisclosed

    Investors

    Locked

Questions about InnerSpace Technologies

Who invested in InnerSpace Technologies?

InnerSpace Technologies has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has InnerSpace Technologies raised?

InnerSpace Technologies has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did InnerSpace Technologies last raise money?

InnerSpace Technologies's most recent round on record is a Series A, in Aug 2023.

What does InnerSpace Technologies do?

Based in Canada, InnerSpace Technologies Inc.

Where is InnerSpace Technologies headquartered?

InnerSpace Technologies is headquartered in Toronto, Canada.

Which VCs invest in companies like InnerSpace Technologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at InnerSpace Technologies's stage. Their profiles are linked below.

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