eleven-x

Waterloo, Canada Founded: 2014 • Age: 12 yrs
Wireless telecommunications software for IoT connectivity is developed.
Annual revenue - Latest available
Total funding $530,000 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About eleven-x

eleven-x is a company based in Waterloo (Canada) founded in 2014. It operates as a SaaS (Software-as-a-Service). eleven-x has raised $530 thousand across 2 funding rounds from investors including Crédit Mutuel Equity and Accelerator Centre. eleven-x offers products and services including eXactpark and eXactnav. eleven-x operates in a competitive market with competitors including Senet, OrbiWise, The Things Industries, Hivello Holdings and TrackNet, among others.

  • Headquarter Waterloo, Canada
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $530 K (USD)

    in 2 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    May 06, 2020

  • Investors
  • Employee Count
    Not available
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Products & Services of eleven-x

eleven-x offers a comprehensive portfolio of products and services, including eXactpark and eXactnav.

Product name locked
Category locked
Primary

Smart parking system for real-time occupancy monitoring provided.

Product name locked
Category locked
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Wayfinding tool to guide drivers to available spaces.

People of eleven-x

Headcount 10-50
Employee Profiles 7
Employee Profiles
People
Mark Hall
Head of Marketing
People
Ryan Hickey
Chief Revenue Officer (cro)
People
Lovejeet Gill
Office Manager
People
Gord Ellis
Head Of Product

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Funding Insights of eleven-x

eleven-x has successfully raised a total of $530K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in eleven-x

eleven-x has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Crédit Mutuel Equity and Accelerator Centre.

All
Venture Fund
Investor Description Founded Year Domain Location
Growth and acquisition investments are managed by Credit Mutuel Equity.
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Startups are built and accelerated in a structured studio environment.
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Investor details for eleven-x

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Investments & Acquisitions by eleven-x

Investments
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Investment portfolio details for eleven-x

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Financial Statements - eleven-x

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Detailed financials for eleven-x

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Eleven-X Comparisons

eleven-x Primary company
Description
Wireless telecommunications software for IoT connectivity is...
Location
Waterloo, Canada
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for eleven-x

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Competitors of eleven-x

eleven-x operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Senet, OrbiWise, The Things Industries, Hivello Holdings and TrackNet, among others.

Company Name Domain Founded year HQ Location Description
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LoRa-based connectivity solutions are provided for IoT applications.
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Network software solutions for LoRaWAN-based IoT connectivity are provided.
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LoRaWAN network server software and support services are provided.
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LoRaWAN technology is developed for decentralized IoT networks.
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End-to-end LoRaWAN solutions for IoT applications are provided.
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Detailed competitors of eleven-x

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Latest news on Eleven-X

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Complete news archive for eleven-x

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Frequently Asked Questions about eleven-x

eleven-x was founded in 2014 and raised its 1st funding round 1 year after it was founded.

eleven-x is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.

eleven-x is a funded company, having raised a total of $530K across 2 funding rounds to date.

Smart parking and wayfinding solutions are offered by eleven-x to municipalities, campuses, and private organizations. Real-time occupancy monitoring and data insights are delivered through the eXactpark platform to improve parking management. Driver experience is enhanced by guiding users to available spaces, while congestion is reduced. Advanced analytics and dynamic pricing are utilized to optimize operations. Safer environments and better community quality of life are promoted through innovative software platforms.

eleven-x's top competitors include Senet, Hivello Holdings and The Things Industries.

eleven-x offers eXactpark and eXactnav.

eleven-x has 2 investors. Key investors include Crédit Mutuel Equity, and Accelerator Centre.

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