About FreshTemp
FreshTemp is a company based in Pittsburgh (United States) founded in 2012 was acquired by Digi International in November 2016.. FreshTemp operates in a competitive market with competitors including Therma, Bushel, Eupry, Controlant and Sensitech, among others.
- Headquarter Pittsburgh, United States
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Sectors
ConsumerTechnology Agriculture
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Digi International
& 1 more
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Employee Count
Employee Count
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Acquired by
Digi International
(Nov 02, 2016)
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Funding Insights of FreshTemp
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Seed - FreshTemp | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital investments in frontier technologies are made.
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Founded Year | Domain | Location | |
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IIoT devices, services, and M2M networking solutions are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FreshTemp
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FreshTemp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Freshtemp Comparisons
Competitors of FreshTemp
FreshTemp 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 Therma, Bushel, Eupry, Controlant and Sensitech, 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 |
Solutions for temperature, humidity, and energy monitoring are provided.
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| domain | founded_year | HQ Location |
Grain facilities monitoring solutions are delivered via subscription software.
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| domain | founded_year | HQ Location |
Provider of web-based temperature logging and monitoring solutions for cold chains
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| domain | founded_year | HQ Location |
Cloud-based visibility is offered for cold chain supply management.
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| domain | founded_year | HQ Location |
Cold-chain visibility solutions are provided for perishables.
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| domain | founded_year | HQ Location |
IoT-based environmental monitoring and control solutions are provided by TeleSense.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about FreshTemp
When was FreshTemp founded?
FreshTemp was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is FreshTemp located?
FreshTemp is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
What does FreshTemp do?
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.
Who are the top competitors of FreshTemp?
FreshTemp's top competitors include Controlant, Bushel and Therma.
Who are FreshTemp's investors?
FreshTemp has 2 investors. Key investors include Digi International, and Scout Ventures.