Locix
Latest round
- Series B
Last raised
- Sep 2018
Total raised
- $20M
Investors
- 9
About Locix
Locix Inc.Founded in 2015, Locix Inc. is headquartered in San Bruno, US, and focuses on location technology solutions.00 mn from Daikin Industries, Ltd.Locix specializes in location-based technology solutions designed to enhance operational efficiency across various sectors, including warehouse management, manufacturing, and commercial real estate. The company's primary offering is the Locix Location Visual Sensor, which integrates advanced analytics, artificial intelligence, and machine learning to provide real-time and historical insights into asset utilization and workspace occupancy. The sensor system is straightforward to install, scalable, and easy to manage, allowing clients to optimize workforce allocation, reduce capital and operational expenditures, and increase productivity by up to 30%.Locix generates revenue through a subscription-based model, primarily targeting B2B clients such as distribution centers, factories, and commercial buildings. Customers typically engage with Locix by subscribing to its suite of products, including the flagship Locix LPS (Location Positioning System) and related services, which encompass ongoing software updates and customer support. The pricing structure is tiered, allowing clients to choose plans based on their specific needs and scale of operations, facilitating a flexible approach to deployment.Locix Inc. The company is also looking to expand its market reach into Asia and Australia by the end of 2023. Through these initiatives, Locix aims to strengthen its position in the location technology market while continuing to innovate and serve its clients effectively.
Who invested in Locix
9 investors across 1 round
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Funding rounds
Series B
Sep 6, 2018
Amount
$20M
Investors
Questions about Locix
Who invested in Locix?
Locix has 9 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 Locix raised?
Locix has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Locix last raise money?
Locix's most recent round on record is a Series B, in Sep 2018.
What does Locix do?
Locix is a software company.
Where is Locix headquartered?
Locix is headquartered in San Bruno, US.
Which VCs invest in companies like Locix?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Locix's stage. Their profiles are linked below.
VCs backing software startups at Series B
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