# Mason America

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mason-america

- Industry: IT Infrastructure
- Headquarters: Seattle, US
- Website: www.bymason.com
- Total disclosed funding: $25M
- Latest round: Series A (Aug 14, 2019)
- Investors on record: 5

## About

Mason America, Inc. specializes in delivering comprehensive Internet of Things (IoT) solutions through advanced hardware devices and integrated management platforms, enhancing operational efficiency across various sectors.Founded in 2015 and headquartered in Seattle, US, Mason America, Inc. focuses on providing IoT solutions. The company successfully raised USD 25 mn in Series A funding in August 2019, led by Coatue Management, with participation from Base10 Partners and Granite Asia. The company has completed 2 deals since its inception, achieving a current valuation of USD 83.33 mn. CEO and founder Jim Xiao has a history of innovation in technology-driven companies.Mason specializes in providing comprehensive IoT solutions through purpose-built hardware devices and an integrated device management console. Their products, such as the A4100 and SmartTab 300, enhance operational efficiency across industries like healthcare, logistics, and retail. These devices feature GPS tracking, biometric sensors, and real-time video capture for applications including patient monitoring and inventory management. Mason markets its offerings primarily in North America, Europe, and Asia, targeting enterprises aiming for improved operational performance through IoT technology.Mason generates revenue through a structured model that includes direct sales and subscription services for its hardware and software solutions. Clients engage with Mason for device procurement, assessing prototypes before full deployment. The company also offers subscription-based services for device management, automatic updates, and real-time monitoring. This revenue model accommodates both B2B partnerships and direct sales, ensuring sustained income through ongoing client engagement with its core products and services.With the USD 25 mn raised in Series A funding in August 2019, Mason America, Inc. plans to accelerate its product development and expand its market reach. The company aims to introduce new IoT devices designed for healthcare and logistics by the end of 2021. Furthermore, it is targeting expansion into the Asian markets, specifically in Southeast Asia, by 2023, leveraging the recent funding to enhance its product offerings and increase its operational capacity.

## Funding rounds

- Series A, Aug 14, 2019, $25M — Granite Asia, Coatue Management, Base10 Partners
- Seed, Mar 22, 2016, $0.1M — Y Combinator, Soma Capital Management

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- Granite Asia (https://capitalatlas.ai/funds/granite-asia) — Series A
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series A
- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Series A