# Sensicore

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sensicore

- Industry: Electronics
- Headquarters: Ann Arbor, US
- Website: www.sensicore.com
- Total disclosed funding: $36M
- Latest round: Series C (Aug 29, 2005)
- Investors on record: 5

## About

Sensicore, Inc. specializes in developing sensor technologies that enhance data collection and analysis, primarily targeting applications in the Internet of Things (IoT). Their innovative solutions cater to various industries, including agriculture and urban planning.Founded in 2000 and headquartered in Ann Arbor, US, Sensicore, Inc. focuses on sensor technology for data analytics. The company has undergone a significant change, being acquired by GE Analytical Instruments in March 2008 for an undisclosed amount. Sensicore has completed 4 deals, with its latest funding round being Series C, raising USD 12.00 mn from investors including Ardesta and Firelake Capital Management. The current company valuation stands at USD 34.63 mn.Sensicore specializes in innovative sensor technologies designed to enhance data collection and analysis, particularly within the Internet of Things (IoT) sector. Their core product offerings include advanced environmental monitoring sensors and data analytics platforms, facilitating real-time insights into applications such as smart agriculture, urban planning, and industrial automation. Serving municipalities, agricultural businesses, and industrial organizations, Sensicore's products are continuously updated to ensure competitiveness in the growing demand for smart solutions.Sensicore's revenue model is structured around direct sales and strategic partnerships, facilitating B2B transactions across various sectors. The company engages in subscription agreements for its data analytics platforms, offering clients tiered access based on data volume and analytics required. Additional revenue is generated from the sale of environmental monitoring sensors, which are often integrated into larger systems. Pricing plans are aligned with specific functionalities and client needs, allowing Sensicore to maintain a steady revenue stream and foster long-term relationships through tailored solutions.Looking ahead, Sensicore plans to release new products focusing on enhanced sensor capabilities in the upcoming year. The company aims to expand its market presence into Europe and Asia by 2025, capitalizing on the increasing demand for environmental monitoring solutions. Funding from the latest Series C round will support these product developments and market expansion efforts.

## Funding rounds

- Series C, Aug 29, 2005, $12M — NGEN Partners, Technology Partners, Topspin Partners, Ardesta, Firelake Capital Management
- Series B, Nov 29, 2004, $12M — NGEN Partners, Topspin Partners, Ardesta, Firelake Capital Management, Technology Partners
- Series B, Nov 29, 2004, $12M — NGEN Partners, Technology Partners, Topspin Partners, Ardesta, Firelake Capital Management

## Investors

- NGEN Partners (https://capitalatlas.ai/funds/ngen-partners) — Series B, Series C
- Topspin Partners (https://capitalatlas.ai/funds/topspin-partners) — Series B, Series C
- Ardesta (https://capitalatlas.ai/funds/ardesta) — Series B, Series C
- Firelake Capital Management (https://capitalatlas.ai/funds/firelake-capital-management) — Series B, Series C
- Technology Partners — Series B, Series C