About FreshTemp
FreshTemp is a Consumer company based in Pittsburgh (United States) founded in 2012, and was acquired by Digi International in November 2016. Wireless temperature sensors are designed for sensitive products. It operates in the Consumer, Technology, and Agriculture sectors. The company was acqui-hired. Its focus areas include Food and Agriculture Tech, Crop Tech, Post Harvest Management and Quality Control. Its competitors include Therma, Bushel and Sensitech; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 2012 in Pittsburgh, United States, Freshtemp operates in the temperature monitoring sector for food, medical, and industrial applications. Wireless sensors and readers are manufactured and sold to entities such as restaurants, hospitals, pharmacies, grocery stores, and manufacturing facilities. Real-time data is graphed, stored, and accessed via the online Freshtemp platform. The company was incubated at Alphalab Gear and acquired by Digi International in November 2016.
- Headquarters Pittsburgh, United States
- Stage Acquired
- SectorsConsumerTechnology Agriculture
- Website freshtemp.com
- Social LinkedIn X Facebook
- Acquired by Digi International (Nov 2016)
- InvestorsDigi International
& 1 more
- Acquired byDigi International
(Nov 2016)
Funding Insights of FreshTemp
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of FreshTemp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2014 | Seed | – | – |
2 investors in total: 2 institutional.
Investors in FreshTemp
FreshTemp has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Digi International and Scout Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments in frontier technologies are made. | scoutventures.com | |||
IIoT devices, services, and M2M networking solutions are provided. | 1985 | digi.com | Minnetonka, United States |
Investor details for FreshTemp
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of FreshTemp
3 dated milestones of FreshTemp across 4 years, from founding to its latest funding, stage changes and deals.
- Founded FreshTemp is founded.
- Funding First funding round.
- Exit Acquired by Digi International.
Competitors of FreshTemp
FreshTemp has 3 listed competitors in our database, 2 of them funded. They include Therma, Bushel and Sensitech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hellotherma.com | 2014 | San Francisco, United States | $38.42M | 28 | Solutions for temperature, humidity, and energy monitoring are provided. | |
| bushelpowered.com | 2011 | Fargo, United States | $101.5M | 198 | Grain facilities monitoring solutions are delivered via subscription software. | |
| sensitech.com | 1990 | Beverly, United States | Cold-chain visibility solutions are provided for perishables. |
Detailed competitors of FreshTemp
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as FreshTemp (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
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Frequently Asked Questions about FreshTemp
FreshTemp was founded in 2012 and raised its 1st funding round 2 years after it was founded.
FreshTemp is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Founded in 2012 in Pittsburgh, United States, Freshtemp operates in the temperature monitoring sector for food, medical, and industrial applications. Wireless sensors and readers are manufactured and sold to entities such as restaurants, hospitals, pharmacies, grocery stores, and manufacturing facilities. Real-time data is graphed, stored, and accessed via the online Freshtemp platform. The company was incubated at Alphalab Gear and acquired by Digi International in November 2016.
FreshTemp has 2 investors. Key investors include Digi International, and Scout Ventures.
Yes. FreshTemp was acquired by Digi International in November 2016.