# Senstone

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

- Industry: Consumer Products
- Headquarters: Redwood City, US
- Website: www.senstone.io
- Total disclosed funding: $0.1M
- Latest round: Seed (Aug 7, 2017)
- Investors on record: 2

## About

Senstone Inc. offers innovative wearable technology that facilitates hands-free note-taking and voice recording, helping users efficiently capture important information in real-time.Senstone Inc. was founded in 2015 and is headquartered in Redwood City, US. The company specializes in developing wearable devices for voice recording and note-taking. Its founder, Nazar Fedorchuk, has experience in technology development. Senstone has raised a total of USD 0.060 mn through 2 deals, with the most recent being a Seed round on August 7, 2017, led by IoT Hub.Senstone Inc. primarily offers the Senstone Scripter®, an AI-powered wearable device designed for hands-free note-taking and voice recording. Worn as a necklace or shirt pin, this innovative product seamlessly captures thoughts, names, important moments, and transcribes them into organized text and voice notes, addressing the common challenge of remembering critical information in fast-paced environments. The device serves a diverse clientele, including business executives, healthcare professionals, educators, and individuals who are frequently on the move. The Senstone Scripter® supports natural, conversational speech in 19 languages, enabling users to capture their ideas easily and efficiently. The main geographical markets for the product include North America, Europe, and select regions in Asia, where there is a growing demand for productivity-enhancing wearable technology.Senstone Inc. generates revenue through direct-to-consumer sales and subscriptions associated with its Senstone Scripter® product. Customers can purchase the device outright, and they are also offered various pricing plans for ongoing services, which may include cloud storage and advanced features as part of a subscription model. The company’s transactions typically involve one-time sales of the wearable device along with potential recurring revenue from subscription services that enhance the functionality of the product. Given the product's appeal to professionals across multiple industries, the revenue structure is supported by both individual users and institutional clients seeking productivity solutions, allowing Senstone to cater to both B2C and B2B markets effectively.As of the latest funding round in August 2017, Senstone Inc. plans to utilize its recent Seed funding to expand its product offerings and enhance its existing technologies. The company aims to develop additional features for the Senstone Scripter® and explore new products that complement its current lineup. Future geographical expansion is targeted towards increasing penetration in European and Asian markets by 2024, capitalizing on the growing demand for wearable productivity solutions. The funding will support research and development efforts as well as marketing initiatives to boost brand awareness and reach in these new regions.

## Funding rounds

- Seed, Aug 7, 2017 — SOSV
- Seed, Jul 7, 2016, $0.1M — IoT Hub

## Investors

- IoT Hub (https://capitalatlas.ai/funds/iot-hub) — Seed
- SOSV (https://capitalatlas.ai/funds/sosv) — Seed