Wattsense
Latest round
- Series A
Last raised
- Aug 2019
Total raised
- $2.5M
Investors
- 5
About Wattsense
Wattsense SAS is a French company focused on developing innovative building management solutions.Founded in 2017 in France, Wattsense SAS specializes in building management solutions that streamline the operation of facilities. The company was founded by Louis Vermorel, who previously gained experience in the technology sector.Wattsense specializes in providing innovative building management solutions primarily through its core products, Wattsense Tower and Wattsense Bridge. These products enable users to manage existing buildings efficiently without the need for major renovations or significant investments. The Wattsense Tower serves as a BMS (Building Management System) designed for simple control of small and medium-sized buildings, promoting energy management, maintenance, and occupant comfort. Wattsense Bridge allows for the collection and centralization of building data, regardless of equipment brand or model, through a multi-protocol solution that communicates with over 800 devices. The solutions cater to a diverse range of end users, including facility managers, property owners, and integrators, and are utilized in various geographical markets across Europe and North America.40. Revenue is derived from a structured transaction model that includes B2B partnerships and direct sales, focusing on integrating their technology into existing building infrastructures. Clients engage by purchasing connectivity solutions, which may involve one-time installation fees alongside ongoing service agreements for maintenance and support.Wattsense is focused on expanding its product offerings and market reach. The company intends to design and launch new products that will enhance its building management capabilities, while specific release dates have not yet been announced. Additionally, Wattsense aims to expand into new geographic markets, particularly targeting regions in Europe and North America by 2023. Notably, in October 2021, Siemens Aktiengesellschaft acquired Wattsense SAS, aiming to expand its building products portfolio and strengthen its IoT management systems.
Who invested in Wattsense
5 investors across 1 round
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Funding rounds
Series A
Aug 28, 2019
Amount
$2.5M
Investors
Questions about Wattsense
Who invested in Wattsense?
Wattsense has 5 investors 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 Wattsense raised?
Wattsense has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Wattsense last raise money?
Wattsense's most recent round on record is a Series A, in Aug 2019.
What does Wattsense do?
Wattsense SAS is a French company focused on developing innovative building management solutions.
Where is Wattsense headquartered?
Wattsense is headquartered in France.
Which VCs invest in companies like Wattsense?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back it infrastructure companies at Wattsense's stage. Their profiles are linked below.
VCs backing it infrastructure startups at Series A
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