Latest round

Seed

Last raised

Dec 2021

Total raised

$0.1M

Investors

2

About Sencity

Sencity Corp.Founded in 2016 in New York, US, Sencity Corp. specializes in smart urban solutions that enhance interactions between citizens and their environments. The company was co-founded by Ivan Chen and Steven Bai, with Steven Bai currently serving as CEO.Sencity specializes in transforming urban living through innovative technology platforms, primarily SencityOS and SenMagic, which serve as interactive experience engines and content platforms. Their core product, TetraBIN, integrates smart waste management solutions with interactive features to engage users and promote sustainable behaviors. Sencity's offerings target public spaces, aiming to enhance citizen interactions with everyday urban furniture and appliances, thus fostering community engagement and improving urban wellness. The platforms focus on creating contextual and spatial awareness, allowing users to access real-time data and entertainment that drives positive behavioral shifts.Sencity generates revenue through partnerships and direct business-to-business (B2B) transactions with municipal governments, urban planners, and commercial partners. Their revenue model includes subscription services for ongoing access to the SencityOS and SenMagic platforms, as well as revenue-sharing arrangements from the installation and use of their flagship products like TetraBIN. For example, a city may partner with Sencity to deploy smart waste bins outfitted with interactive technology, resulting in a shared revenue model based on advertising and sponsorship opportunities generated through the platform.Sencity is strategically focusing on developing new products aimed at improving urban living, with plans to launch these initiatives in the coming year. The company is exploring expansion into new markets, specifically targeting regions in Europe and Asia-Pacific by 2024.

Who invested in Sencity

2 investors across 2 rounds

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Funding rounds

  1. Seed

    Dec 23, 2021

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Mar 2, 2017

    Amount

    $0.1M

    Investors

    Locked

Questions about Sencity

Who invested in Sencity?

Sencity 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 Sencity raised?

Sencity has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Sencity last raise money?

Sencity's most recent round on record is a Seed, in Dec 2021.

What does Sencity do?

Sencity is a environmental services company.

Where is Sencity headquartered?

Sencity is headquartered in New York, US.

Which VCs invest in companies like Sencity?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back environmental services companies at Sencity's stage. Their profiles are linked below.

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