About Locix
Locix is a company based in San Bruno (United States) founded in 2015 by Vivek Khandelwal.. Locix has raised $9.65 million across 3 funding rounds from investors including Daikin, iRobot and Sumitomo Corporation. The company has 26 employees as of December 31, 2022. Locix offers products and services including Warehouse Intelligence, SmartLPS, SmartDock, and Locix LPS. Locix operates in a competitive market with competitors including NextNav, Zebra, Humatics, Xona Space Systems and Topcon Positioning, among others.
- Headquarter San Bruno, United States
- Employees 26 as on 31 Dec, 2022
- Founders Vivek Khandelwal
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Sectors
TechnologyIndustrial Goods & Manufacturing Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Dragonfly Technology Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.65 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Series B
Jan 13, 2020
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Investors
Daikin
& 9 more
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Employee Count
26
as on Dec 31, 2022
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Products & Services of Locix
Locix offers a comprehensive portfolio of products and services, including Warehouse Intelligence, SmartLPS, SmartDock, and Locix LPS. 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.
Platform to boost warehouse productivity and asset utilization.
System for tracking raw materials and high-value tooling.
Tool to eliminate truck detention and optimize operations.
Network for indoor asset tracking and navigation services.
Funding Insights of Locix
Locix has successfully raised a total of $9.65M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3 million completed in January 2020. 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 Funding
- Total Rounds 3
- Last Round Series B — $3.0M
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First Round
First Round
(16 May 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2020 | Amount | Series B - Locix | Valuation | Daikin |
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| Sep, 2018 | Amount | Series B - Locix | Valuation | Murata Manufacturing | |
| May, 2018 | Amount | Series A - Locix | Valuation |
investors |
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| 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 Locix
Locix has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Daikin, iRobot and Sumitomo Corporation. 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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Corporate-backed investments in AI, sensors, and sectors are managed.
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Founded Year | Domain | Location | |
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Seed and Early stage VC firm investing in Japan
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Founded Year | Domain | Location | |
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NTT Group backed venture capital fund
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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 Locix
| 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 - Locix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Locix Comparisons
Competitors of Locix
Locix 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 NextNav, Zebra, Humatics, Xona Space Systems and Topcon Positioning, 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 |
Indoor positioning solutions for enterprises are provided.
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| domain | founded_year | HQ Location |
Zebra Technologies is recognized for providing intelligent operation solutions globally.
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| domain | founded_year | HQ Location |
Control systems for collaborative robots in human environments are developed.
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| domain | founded_year | HQ Location |
Real-time positioning and navigation services via LEO satellites are delivered.
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| domain | founded_year | HQ Location |
Provides precision positioning systems for infrastructure and farming sectors.
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| domain | founded_year | HQ Location |
Satellite time and location solutions are provided for various industries.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Locix
Frequently Asked Questions about Locix
When was Locix founded?
Locix was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Locix located?
Locix is headquartered in San Bruno, United States. It is registered at San Bruno, California, United States.
Is Locix a funded company?
Locix is a funded company, having raised a total of $9.65M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.65M, raised on May 16, 2018.
How many employees does Locix have?
As of Dec 31, 2022, the latest employee count at Locix is 26.
What does Locix do?
Locix was founded in 2015 and is based in San Bruno, United States. Wireless sensors are developed for installation throughout buildings, with features including ultra-low power consumption and self-configuration. Visual data is captured by these sensors, which transmit information wirelessly to support ongoing detection of objects and persons. Operations center on the Internet of Things sector, providing solutions for building monitoring and management.
Who are the top competitors of Locix?
Locix's top competitors include Zebra, NextNav and Xona Space Systems.
What products or services does Locix offer?
Locix offers Warehouse Intelligence, SmartLPS, SmartDock, and Locix LPS.
Who are Locix's investors?
Locix has 10 investors. Key investors include Daikin, iRobot, Sumitomo Corporation, Murata Manufacturing, and Yaskawa.
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