Impinj

Seattle, United States Founded: 2000 • Age: 26 yrs
RFID solutions for retail, healthcare, consumer electronics and IoT
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About Impinj

Impinj is a company based in Seattle (United States) founded in 2000 by Carver Mead.. Impinj has raised $132.15 million across 10 funding rounds from investors including Goldman Sachs, Intel and Morgan Stanley. The company has 451 employees as of December 31, 2024. Impinj has completed 1 acquisition, including Voyantic. Impinj operates in a competitive market with competitors including Avery Dennison, MACOM, Akoustis, Omni-ID and Berkana Wireless, among others.

  • Headquarter Seattle, United States
  • Employees 451 as on 31 Dec, 2024
  • Founders Carver Mead
  • Stage Public
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Impinj, Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
    $366.09 M
    19.04
    as on Dec 31, 2024
  • Net Profit
    $40.84 M
    194.17
    as on Dec 31, 2024
  • EBITDA
    $10.72 M
    140.32
    as on Dec 31, 2024
  • Total Equity Funding
    $132.15 M (USD)

    in 10 rounds

  • Latest Funding Round
    $250 M (USD), Post-IPO

    Nov 02, 2021

  • Investors
    Goldman Sachs

    & 15 more

  • Employee Count
    451

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Impinj

Impinj is a publicly listed company on the NASDAQ with ticker symbol PI in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: PI . Sector: Electronic technology · USA
People of Impinj
Headcount 200-500
Employee Profiles 121
Board Members and Advisors 6
Employee Profiles
People
Cary Baker
CFO
People
Yukio Morikubo
General Counsel
People
Valerie Hawkins
Product Applications Engineering Manager
People
Prithvi Shylendra
Director Of Applications Engineering

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Board Members and Advisors
people
Steve Sanghi
Director
people
Cathal Phelan
Director
people
Miron Washington
Director

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Funding Insights of Impinj

Impinj has successfully raised a total of $132.15M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $250 million completed in November 2021. 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 10
  • Last Round Post-IPO — $250.0M
  • First Round

    (01 Sep 2000)

  • Investors Count 16
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Post-IPO - Impinj Valuation

investors

Dec, 2019 Amount Post-IPO - Impinj Valuation

investors

Jul, 2012 Amount Series G - Impinj Valuation Arch Venture Partners , GF Private Equity Group
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 Impinj

Impinj has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Intel and Morgan Stanley. 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
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Venture capital firm focused on life science companies
Founded Year Domain Location
A private equity investment firm owned by Southern Ute Tribe.
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 Impinj

Impinj has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Voyantic. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
RFID testing and measurement solutions are provided for various applications.
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Impinj

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

Impinj Comparisons

Employees
+
Add Comparison
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Competitors of Impinj

Impinj 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 Avery Dennison, MACOM, Akoustis, Omni-ID and Berkana Wireless, 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
Global materials science and digital identification solutions are provided.
domain founded_year HQ Location
Radio frequency-based communication ICs are developed for networking applications.
domain founded_year HQ Location
Provider of radio frequency integrated circuits for 5G communication
domain founded_year HQ Location
UHF RFID tags and solutions are supplied for asset tracking.
domain founded_year HQ Location
CMOS RF integrated circuits are developed for wireless applications.
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.

Latest news on Impinj

Frequently Asked Questions about Impinj

When was Impinj founded?

Impinj was founded in 2000.

Where is Impinj located?

Impinj is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Is Impinj a funded company?

Impinj is a funded company, having raised a total of $132.15M across 10 funding rounds to date. The company's 1st funding round was a Series G of $21.65M, raised on Sep 01, 2000.

How many employees does Impinj have?

As of Dec 31, 2024, the latest employee count at Impinj is 451.

What is the annual revenue of Impinj?

Annual revenue of Impinj is $366.09M as on Dec 31, 2024.

What does Impinj do?

Impinj was founded in 2000 and is headquartered in Seattle, United States. Operations focus on the RFID technology sector, where readers, reader chips, and tags are developed for applications in retail, healthcare, consumer electronics, and IoT. Software development kits are provided for integration into customer logistics systems. Products are designed for performance in tracking and inventory management across these industries.

Who are the top competitors of Impinj?

Impinj's top competitors include Akoustis, MACOM and Finwave.

Is Impinj publicly traded?

Yes, Impinj is publicly traded on NASDAQ under the ticker symbol PI.

How many acquisitions has Impinj made?

Impinj has made 1 acquisition, including Voyantic.

Who are Impinj's investors?

Impinj has 16 investors. Key investors include Goldman Sachs, Intel, Morgan Stanley, United Parcel Service, and AllianceBernstein.

What is Impinj's ticker symbol?

The ticker symbol of Impinj is PI on NASDAQ.

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