Inspirit IoT

Champaign, United States Founded: 2011 • Age: 15 yrs
AI consulting and development for IoT hardware acceleration are provided.
Annual revenue - Latest available
Total funding $1.3M 4 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Inspirit IoT

Inspirit IoT is a company based in Champaign (United States) founded in 2011. Inspirit IoT has raised $1.25 million across 4 funding rounds from investors including Touchview Technology and National Science Foundation. Inspirit IoT operates in a competitive market with competitors including Basemark, MathWorks, Primarius, Luos and ChipStack, among others.

  • Headquarter Champaign, United States
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Inspirit Iot Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.25 M (USD)

    in 4 rounds

  • Latest Funding Round
    $909.7 K (USD), Grant

    Sep 15, 2018

  • Investors
  • Employee Count
    Not available
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People of Inspirit IoT

Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Deming Chen
President & Chairman of the Board
People
Li Zhang
Interim CFO

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Teams

Funding Insights of Inspirit IoT

Inspirit IoT has successfully raised a total of $1.25M across 4 strategic funding rounds. The most recent funding activity was a Grant round of $909.7 thousand completed in September 2018. 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 Inspirit IoT

Inspirit IoT has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Touchview Technology and National Science Foundation.

All
Institutional
Investor Description Founded Year Domain Location
A government-backed foundation providing seed-stage investments to support small businesses.
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Edge intelligent sensing products are provided for AIoT scenarios.
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Investor details for Inspirit IoT

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Investments & Acquisitions by Inspirit IoT

Investments
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Investment portfolio details for Inspirit IoT

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Financial Statements - Inspirit IoT

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Detailed financials for Inspirit IoT

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Inspirit Iot Comparisons

Inspirit IoT Primary company
Description
AI consulting and development for IoT hardware acceleration ...
Location
Champaign, United States
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Inspirit IoT

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Competitors of Inspirit IoT

Inspirit IoT 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 Basemark, MathWorks, Primarius, Luos and ChipStack, among others.

Company Name Domain Founded year HQ Location Description
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Augmented reality software and tools are developed for automotive applications.
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Mathematical computing software is developed for algorithm solutions.
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EDA solutions for chip design development are provided.
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Developer of an engine for linking systems from microcontrollers to supercomputers
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Systems for chip design are developed using integrated software stacks.
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Electronic design automation tools are supplied for diverse industrial sectors.
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Detailed competitors of Inspirit IoT

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Latest news on Inspirit Iot

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Complete news archive for Inspirit IoT

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Frequently Asked Questions about Inspirit IoT

Inspirit IoT was founded in 2011 and raised its 1st funding round 5 years after it was founded.

Inspirit IoT is headquartered in Champaign, United States. It is registered at Champaign, Illinois, United States.

Deming Chen is the current CEO of Inspirit IoT.

Inspirit IoT is a funded company, having raised a total of $1.25M across 4 funding rounds to date.

Inspirit IoT provides consulting services for hardware acceleration for IoT applications. The company provides a high-level synthesis and machine-learning optimization toolkit for their solutions. The company has proprietary technologies for audio event detection (includes audio enhancement, event detection (e.g. screaming, gunshots), and keyword detection), Tensorflow-based deep neural network platform for model optimization, and high-level synthesis tool. They received seed funding from National Science Foundation of America and Advanced Digital Sciences Center.

Inspirit IoT's top competitors include MathWorks, Basemark and Primarius.

Inspirit IoT has 2 investors. Key investors include Touchview Technology, and National Science Foundation.

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