Estimote

Walnut, United States Founded: 2012 • Age: 14 yrs
Bluetooth sensors are deployed for retail micro-location services.
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About Estimote

Estimote is a company based in Walnut (United States) founded in 2012.. Estimote has raised $16.74 million across 6 funding rounds from investors including Bessemer Venture Partners, FundersClub and Digital Garage. Estimote offers products and services including UWB Tags and Dev Kit. Estimote operates in a competitive market with competitors including TomTom, NavInfo, MapsPeople, Sensoro and T Map Mobility, among others.

  • Headquarter Walnut, United States
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Estimote, Inc.
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Internet of Things (IoT) & Connectivity
Technology → Geospatial, Imaging & Sensing Technology
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $16.74 M (USD)

    in 6 rounds

  • Latest Funding Round
    $13.34 M (USD), Series A

    Jan 15, 2016

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Estimote

Estimote offers a comprehensive portfolio of products and services, including UWB Tags and Dev Kit. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Programmable tags for precise asset tracking and automation.

Includes tags and tools for evaluating UWB technology.

People of Estimote
Headcount 50-200
Employee Profiles 8
Employee Profiles
People
Mateusz Kumański
Finance Manager
People
Jonathan Duque
Sales Director
People
Bartłomiej Frydrych
Director of Research and Manufacturing
People
Chris Proszek
Head of logistics

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Funding Insights of Estimote

Estimote has successfully raised a total of $16.74M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $13.34 million completed in January 2016. 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.

  • Total Funding
  • Total Rounds 6
  • Last Round Series A — $13.3M
  • First Round
  • Investors Count 15
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2016 Amount Series A - Estimote Valuation Javelin Venture Partners
Dec, 2013 Amount Seed - Estimote Valuation

investors

Sep, 2013 Amount Seed - Estimote Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Estimote

Estimote has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bessemer Venture Partners, FundersClub and Digital Garage. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Seed and early-stage tech investments are made in US companies.
Founded Year Domain Location
Capital and counsel are provided to mission-driven founders by Homebrew.
Founded Year Domain Location
Investing in early-stage tech companies and ideas.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Estimote

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Estimote

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Estimote Comparisons

Employees
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Competitors of Estimote

Estimote 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 TomTom, NavInfo, MapsPeople, Sensoro and T Map Mobility, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
SaaS-based navigation and location mapping solutions are developed.
domain founded_year HQ Location
Digital maps, telematics, and dynamic traffic information solutions are provided.
domain founded_year HQ Location
Indoor navigational platform is provided through API mapping tools.
domain founded_year HQ Location
iBeacon provider and manufacturer
domain founded_year HQ Location
Map applications for transportation location management are provided.
domain founded_year HQ Location
Provider of cloud-based open-source wireless sensor fusion systems
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Estimote

When was Estimote founded?

Estimote was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Estimote located?

Estimote is headquartered in Walnut, United States. It is registered at Walnut, California, United States.

Is Estimote a funded company?

Estimote is a funded company, having raised a total of $16.74M across 6 funding rounds to date.

What does Estimote do?

Founded in 2012 and developed in Poland, Estimote is headquartered in Walnut, United States, within the retail technology sector. Bluetooth Low Energy beacons are produced with ranges from 4 inches to 50 meters, intended for attachment to store fixtures and product displays. Operations focus on enabling location-based customer interactions, including notifications and recommendations derived from proximity and purchase history, to support in-store personalization.

Who are the top competitors of Estimote?

Estimote's top competitors include TomTom, MapsPeople and EnOcean.

What products or services does Estimote offer?

Estimote offers UWB Tags and Dev Kit.

Who are Estimote's investors?
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