SemaConnect
Latest round
- Series C
Last raised
- Jul 2015
Total raised
- $16M
Investors
- 2
About SemaConnect
SemaConnect, Inc.Founded in 2008 and headquartered in Bowie, US, SemaConnect, Inc. specializes in developing software solutions tailored for various industries. In June 2022, Blink Charging Co. acquired the company for USD 200 mn in a Trade Sale. The founders, Mahi Reddy and Marc Pastrone, continue to lead the company as CEO and CPO, respectively, while CTO Harsha Kollaramajalu transitioned to Blink Charging Co.SemaConnect, Inc. specializes in innovative technology solutions that enhance operational efficiency and user experiences across various sectors. The company offers a comprehensive suite of software applications tailored to industries such as healthcare, finance, and retail.The company generates revenue primarily through subscription services, allowing clients to pay a recurring fee for access to its software solutions. This model provides flexibility and scalability, accommodating businesses of varying sizes. Client transactions are typically established through direct agreements, fostering long-term contracts and short-term partnerships.SemaConnect, Inc. plans to leverage the recent acquisition by Blink Charging Co. to accelerate its product development and market reach. The company is working on several new software solutions expected to launch in the upcoming year. It targets expansion into the European and Asian markets by 2023, aiming to establish a stronger foothold in these regions.
Who invested in SemaConnect
2 investors across 2 rounds
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Questions about SemaConnect
Who invested in SemaConnect?
SemaConnect has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has SemaConnect raised?
SemaConnect has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did SemaConnect last raise money?
SemaConnect's most recent round on record is a Series C, in Jul 2015.
What does SemaConnect do?
SemaConnect is a automobiles, other vehicles & parts company.
Where is SemaConnect headquartered?
SemaConnect is headquartered in Bowie, US.
Which VCs invest in companies like SemaConnect?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back automobiles, other vehicles & parts companies at SemaConnect's stage. Their profiles are linked below.
VCs backing automobiles, other vehicles & parts startups at Series C
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