PathSense
Latest round
- Seed
Last raised
- May 2015
Total raised
- $2.2M
Investors
- 1
About PathSense
PathSense, Inc.PathSense, Inc. focuses on providing advanced location tracking for mobile applications. The company was founded by Pete Tenereillo, who has a background in technology and entrepreneurship. PathSense is headquartered in Palo Alto, US.PathSense specializes in advanced location tracking solutions for mobile applications, offering a suite of products designed to enhance GPS accuracy and efficiency for both Android and iOS platforms. The core offerings include Geofencing, TruePath, Ambient Location, and Trips, which collectively aim to improve location-based services by providing real-time, precise tracking of user movements while minimizing battery consumption. Geofencing features a faster and more reliable wake-up mechanism, while TruePath ensures GPS data aligns accurately with roadways, boasting a significant accuracy improvement over standard providers. Ambient Location captures short visits with near-zero battery usage, and the Trips feature automates the detection of driving activities, recording distance and paths without manual input.PathSense generates revenue through a tiered subscription model, offering different pricing plans tailored to various client needs. The Starter Plan caters to non-commercial deployments, allowing for one active application with up to 1,000 monthly users, while the Commercial Deployment Plan targets larger enterprises, providing unlimited active applications and users along with 24/7 support. Clients engage with PathSense's services by integrating the SDK into their applications, enabling them to harness PathSense’s capabilities for enhanced location tracking. The revenue structure is primarily B2B, focusing on partnerships with developers and businesses that require robust geolocation solutions.Moving forward, PathSense aims to develop new products that will further enhance its location tracking capabilities. The company is planning to expand its presence into new geographic regions, targeting Europe and Asia by the end of 2023. The acquisition by Life360 is expected to enhance PathSense's operational framework and broaden its market access, increasing its potential for growth.
Who invested in PathSense
1 investor across 1 round
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Funding rounds
Seed
May 28, 2015
Amount
$2.2M
Investors
Questions about PathSense
Who invested in PathSense?
PathSense has 1 investor 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 PathSense raised?
PathSense has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PathSense last raise money?
PathSense's most recent round on record is a Seed, in May 2015.
What does PathSense do?
PathSense is a software company.
Where is PathSense headquartered?
PathSense is headquartered in Palo Alto, US.
Which VCs invest in companies like PathSense?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PathSense's stage. Their profiles are linked below.
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