Position Imaging

Portsmouth, United States Founded: 2006 • Age: 20 yrs
Provider of indoor positioning technology
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About Position Imaging

Position Imaging is a company based in Portsmouth (United States) founded in 2006 by David F Paul and Ned Hill.. Position Imaging has raised $26.05 million across 4 funding rounds from investors including Ghost Tree Partners. The company has 31 employees as of December 31, 2020. Position Imaging offers products and services including Smart Package Room, iPickup, and iPickup Point. Position Imaging operates in a competitive market with competitors including TomTom, NextNav, Humatics, NavInfo and Kinexon, among others.

  • Headquarter Portsmouth, United States
  • Employees 31 as on 31 Dec, 2020
  • Founders David F Paul, Ned Hill
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Position Imaging, Inc
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Geospatial, Imaging & Sensing Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $26.05 M (USD)

    in 4 rounds

  • Latest Funding Round
    $30 M (USD), Debt – Conventional

    Oct 19, 2023

  • Investors
  • Employee Count
    31

    as on Dec 31, 2020

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Products & Services of Position Imaging

Position Imaging offers a comprehensive portfolio of products and services, including Smart Package Room, iPickup, and iPickup Point. 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.

Primary

Automates package delivery and tracking for properties and offices.

Enables self-service retail pickup and returns for online orders.

Facilitates secure package pickup and drop-off at retail locations.

People of Position Imaging
Headcount 10-50
Employee Profiles 19
Employee Profiles
People
Kyran Ergin
Software Engineer
People
Matthew Knoff
Vice President, Strategic Partnerships
People
Jacob Maurier
Full Stack Engineering Lead
People
Ned Hill
ceo

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Funding Insights of Position Imaging

Position Imaging has successfully raised a total of $26.05M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in October 2023. 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 4
  • Last Round Debt – Conventional — $30.0M
  • First Round

    (25 May 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2023 Amount Debt – Conventional - Position Imaging Valuation

investors

Aug, 2021 Amount Series B - Position Imaging Valuation

investors

Nov, 2020 Amount Series A - Position Imaging Valuation

investors

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 Position Imaging

Position Imaging has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ghost Tree 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private credit solutions are offered by Ghost Tree Partners.
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 Position Imaging

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

Financial Statements - Position Imaging

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

Position Imaging Comparisons

Employees
+
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Competitors of Position Imaging

Position Imaging 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 TomTom, NextNav, Humatics, NavInfo and Kinexon, 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
SaaS-based navigation and location mapping solutions are developed.
domain founded_year HQ Location
Indoor positioning solutions for enterprises are provided.
domain founded_year HQ Location
Control systems for collaborative robots in human environments are developed.
domain founded_year HQ Location
Digital maps, telematics, and dynamic traffic information solutions are provided.
domain founded_year HQ Location
Location and motion analytics are tracked via sensor-based platform.
domain founded_year HQ Location
Indoor navigational platform is provided through API mapping tools.
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 Position Imaging

Frequently Asked Questions about Position Imaging

When was Position Imaging founded?

Position Imaging was founded in 2006 and raised its 1st funding round 12 years after it was founded.

Where is Position Imaging located?

Position Imaging is headquartered in Portsmouth, United States. It is registered at Portsmouth, Virginia, United States.

Who is the current CEO of Position Imaging?

Ned Hill is the current CEO of Position Imaging. They have also founded this company.

Is Position Imaging a funded company?

Position Imaging is a funded company, having raised a total of $26.05M across 4 funding rounds to date. The company's 1st funding round was a Series A of $2.1M, raised on May 25, 2018.

How many employees does Position Imaging have?

As of Dec 31, 2020, the latest employee count at Position Imaging is 31.

What does Position Imaging do?

Position Imaging was established in 2006 in Portsmouth, United States, within the technology sector. Indoor positioning solutions are developed by the company, emphasizing precise wireless tracking for indoor environments. Virtual 3D interactive spaces are enabled, supporting navigation applications. Operations focus on delivering these capabilities to users seeking enhanced spatial awareness and location-based services in enclosed areas.

Who are the top competitors of Position Imaging?

Position Imaging's top competitors include NextNav, TomTom and MapsPeople.

What products or services does Position Imaging offer?

Position Imaging offers Smart Package Room, iPickup, and iPickup Point.

Who are Position Imaging's investors?

Position Imaging has 1 investor. Key investors include Ghost Tree Partners.

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