MonoLets
Latest round
- Seed
Last raised
- Nov 2021
Total raised
- Undisclosed
Investors
- 2
About MonoLets
MonoLets, Inc. provides advanced real-time asset tracking solutions that optimize supply chain management through innovative Bluetooth technology.Founded in 2015 in Mountain View, US, MonoLets, Inc. offers a real-time asset tracking solution that delivers precise supply chain data. The company has completed a deal as of November 22, 2021.MonoLets specializes in providing a comprehensive real-time asset tracking solution, designed to deliver item-level supply chain data across various industries, including logistics, pharmaceuticals, retail, and industrial sectors such as automotive. Their core product offering centers around low-cost Bluetooth labels that create a self-organizing mesh network, facilitating communication with cloud infrastructure. This technology enables users to obtain real-time location and condition data for assets both in-building and in-transit across global transport modes, including land, air, and sea. The patented wireless mesh technology ensures reliable connectivity and high inventory accuracy, making it scalable to manage millions of assets efficiently.The revenue model for Monolets revolves around providing subscription-based services and partnerships with various businesses. Clients, including retailers and logistics companies, utilize Monolets' tracking solutions to enhance their supply chain efficiency. The transactions typically involve clients subscribing to a service package that includes hardware (Bluetooth labels and infrastructure) and ongoing access to the software platform for real-time data analytics. Specific pricing structures for these services are aligned with the scale of deployment, allowing for flexible options based on the number of assets tracked.In November 2021, MonoLets, Inc. For future growth, MonoLets is focusing on designing new products to enhance their tracking solutions and expanding into new markets in North America, Europe, and Asia by 2023.
Who invested in MonoLets
2 investors across 1 round
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Funding rounds
Seed
Nov 22, 2021
Amount
Undisclosed
Investors
Questions about MonoLets
Who invested in MonoLets?
MonoLets has 2 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 MonoLets raised?
MonoLets has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did MonoLets last raise money?
MonoLets's most recent round on record is a Seed, in Nov 2021.
What does MonoLets do?
MonoLets is a electronics company.
Where is MonoLets headquartered?
MonoLets is headquartered in Mountain View, US.
Which VCs invest in companies like MonoLets?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at MonoLets's stage. Their profiles are linked below.
VCs backing electronics startups at Seed
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