About NordSense
NordSense is a company based in Copenhagen (Denmark) founded in 2015.. NordSense has raised $2.06 million across 2 funding rounds from investors including Innovationsfonden, NEA and Rincon Venture Partners. The company has 13 employees as of November 30, 2024. NordSense offers products and services including Smart Bin Sensors, Asset Tracking, and Intelligent Routing. NordSense operates in a competitive market with competitors including Rubicon, Sensoneo, Enevo, Bigbelly Solar and Evreka, among others.
- Headquarter Copenhagen, Denmark
- Employees 13 as on 30 Nov, 2024
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Sectors
EnvironmentTechnology
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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 Nordsense Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.06 M (USD)
in 2 rounds
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Latest Funding Round
$2.06 M (USD), Seed
Sep 08, 2017
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Investors
Innovationsfonden
& 3 more
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Employee Count
13
as on Nov 30, 2024
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Products & Services of NordSense
NordSense offers a comprehensive portfolio of products and services, including Smart Bin Sensors, Asset Tracking, and Intelligent Routing. 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.
Sensors that detect bin levels to prevent overflows and optimize collections.
System for tracking waste containers in real-time to reduce inefficiencies.
Software for planning efficient waste collection routes and cutting emissions.
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Funding Insights of NordSense
NordSense has successfully raised a total of $2.06M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.06 million completed in September 2017. 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 2
- Last Round Seed — $2.1M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Seed - NordSense | Valuation |
investors |
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| Jun, 2015 | Amount | Seed - NordSense | 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 NordSense
NordSense has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Innovationsfonden, NEA and Rincon Venture Partners. 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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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Early-stage venture capital is provided to US technology firms.
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Founded Year | Domain | Location | |
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Seed stage venture capital firm investing in deep tech in San Francisco.
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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 NordSense
| 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 - NordSense
| 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 |
Nordsense Comparisons
Competitors of NordSense
NordSense 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 Rubicon, Sensoneo, Enevo, Bigbelly Solar and Evreka, 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 |
Waste and recycling solutions are provided by Rubicon nationwide.
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| domain | founded_year | HQ Location |
Real-time garbage levels in waste containers are monitored using sensors.
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| domain | founded_year | HQ Location |
Waste management solutions are delivered via sensors and analytics software.
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| domain | founded_year | HQ Location |
Smart solar-powered waste bins are provided for real-time collection management.
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| domain | founded_year | HQ Location |
Evreka is recognized as a leading smart waste management company.
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| domain | founded_year | HQ Location |
AI-based food waste monitoring systems are provided for kitchens.
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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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Frequently Asked Questions about NordSense
When was NordSense founded?
NordSense was founded in 2015.
Where is NordSense located?
NordSense is headquartered in Copenhagen, Denmark.
Is NordSense a funded company?
NordSense is a funded company, having raised a total of $2.06M across 2 funding rounds to date.
How many employees does NordSense have?
As of Nov 30, 2024, the latest employee count at NordSense is 13.
What does NordSense do?
Bin monitoring sensors and route-optimizing software platform provider. The optical sensor is developed using proprietary technology to measure waste levels in bins using plastic bags detect container orientation. Provides a web-based software called NS Platform to monitor waste pickup trucks, identify optimal container placement locations asset management. Offers a mobile application to truck drivers which notifies them about a new task, route recommendations towards filled containers, trip duration cost estimation.
Who are the top competitors of NordSense?
What products or services does NordSense offer?
NordSense offers Smart Bin Sensors, Asset Tracking, and Intelligent Routing.
Who are NordSense's investors?
NordSense has 4 investors. Key investors include Innovationsfonden, NEA, Rincon Venture Partners, and Root Ventures.