Insensi
Latest round
- Seed
Last raised
- Jan 2015
Total raised
- $2.4M
Investors
- 5
About Insensi
Insensi, Inc.Founded in 2014 in New York, US, Insensi, Inc. is focused on developing communication technology that simplifies interactions among family members, particularly targeting non-tech-savvy users. Co-founded by Erika Ramirez and Gregory Lally, the company has completed 5 deals.Ily's core product is a modern family phone designed to facilitate seamless communication among family members of all ages, specifically targeting those who may not be tech-savvy, such as toddlers and seniors. The device centers around the Ily app, which connects users across different operating systems, such as Android and iOS, allowing easy communication through video calls, texts, and shared drawings. The Ily device is simplified to eliminate distractions; it lacks an internet browser, unknown contacts, and complex settings, making it a secure and user-friendly option for families. Primary use cases include fostering intergenerational communication, enabling children to connect with family members, and ensuring that parents can manage the communication methods of their children.Ily generates revenue through direct sales of its flagship device and potential subscription plans tied to the Ily app's features. The sales model emphasizes direct-to-consumer transactions, allowing families to purchase the device and access its functionalities without intermediaries. Transaction structures may include bundled pricing for devices accompanied by ongoing support or app updates, ensuring a consistent revenue stream from existing customers. Each device is sold with an initial one-time payment, while the accompanying app may offer additional features under a subscription model, creating avenues for recurring revenue as families continue to engage with the Ily ecosystem.Insensi, Inc. The company is currently designing new features for the Ily app, with plans for a product launch aimed at older demographics by late 2024. Additionally, Insensi is targeting international expansion into Europe and Southeast Asia by 2025 to reach families in regions with high demand for simplified communication solutions.
Who invested in Insensi
5 investors across 1 round
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Funding rounds
Seed
Jan 28, 2015
Amount
$2.4M
Investors
Questions about Insensi
Who invested in Insensi?
Insensi has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Insensi raised?
Insensi has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Insensi last raise money?
Insensi's most recent round on record is a Seed, in Jan 2015.
What does Insensi do?
Insensi is a telecoms company.
Where is Insensi headquartered?
Insensi is headquartered in New York, US.
Which VCs invest in companies like Insensi?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back telecoms companies at Insensi's stage. Their profiles are linked below.
VCs backing telecoms startups at Seed
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