# OnAsset Intelligence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onasset-intelligence

- Industry: Logistics & Distribution
- Headquarters: Irving, US
- Website: www.onasset.com
- Total disclosed funding: $6M
- Latest round: Series A (Apr 25, 2011)
- Investors on record: 1

## About

OnAsset Intelligence, Inc. provides advanced real-time tracking and condition monitoring solutions using innovative products designed to enhance operational efficiency across various sectors, particularly in life sciences and high-value asset management.OnAsset Intelligence, Inc. was founded in 2002 and operates out of Irving, US. The company specializes in real-time tracking solutions and focuses on logistics and monitoring technologies. Its Founder, Adam Crossno, has a history in the tech sector. In April 2011, the company raised USD 6.00 mn in Series A funding from Main Street Capital Corporation, bringing the total amount raised to USD 6.00 mn and valuing the company at USD 28.72 mn.OnAsset Intelligence, Inc. specializes in real-time tracking and condition monitoring solutions, primarily through their core product offerings, including the Sentinel 100 Series, Sentinel 200, and Sentry 600 FlightSafe. These products are engineered to provide temperature monitoring, tilt detection, damage detection, and general movement detection, catering to various industries such as life sciences, food and beverage, and high-value asset management. The Sentinel 100 Series includes sensors, loggers, and anchors designed to deliver comprehensive logistics and inventory data, while the Sentry 600 FlightSafe and Sentinel Flex Tag offer additional functionalities for advanced tracking needs. The company's technologies are utilized by clients across North America, Europe, and Asia, enhancing operational efficiency and compliance by ensuring optimal conditions for sensitive products, particularly in the nuclear and precision health sectors.OnAsset's revenue generation primarily stems from the sale of their innovative tracking and monitoring solutions through a structured B2B model. The company engages in direct transactions with various clients, including healthcare providers, pharmaceutical companies, and logistics firms, who benefit from the real-time data these products provide. Services may be offered through subscription models or one-time purchases, depending on the product configuration and client requirements. Flagship products, such as the Sentinel 100 Series and Sentry 600 FlightSafe, involve pricing plans that encompass purchase agreements based on volume and specific service level agreements. These structured transactions enable OnAsset to establish long-term partnerships with customers, fostering trust and reliability in managing high-value assets and sensitive materials.In the upcoming years, OnAsset Intelligence plans to launch new product enhancements for their existing tracking solutions, expected to be available in late 2023. The company also aims to expand into new markets, targeting Europe and Asia for increased market penetration by 2025. The recent funding of USD 6.00 mn raised in April 2011 will be utilized to support these initiatives, particularly in product development and international market entry.

## Funding rounds

- Series A, Apr 25, 2011, $6M — Main Street Capital Corporation

## Investors

- Main Street Capital Corporation (https://capitalatlas.ai/funds/main-street-capital-corporation) — Series A