Senet

Portsmouth, United States Founded: 2009 • Age: 17 yrs Acquired By WESROC Monitoring Solutions
LoRa-based connectivity solutions are provided for IoT applications.
Annual revenue - Latest available
Total funding $61.9M 8 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Senet

Senet is a company based in Portsmouth (United States) founded in 2009 was acquired by WESROC Monitoring Solutions in December 2017. Senet has raised $61.86 million across 8 funding rounds from investors including Harbor Light Capital Partners, Activate Venture Partners and City Light Capital. Senet operates in a competitive market with competitors including The Things Industries, eleven-x, Hivello Holdings, OrbiWise and Everynet, among others.

  • Headquarter Portsmouth, United States
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $61.86 M (USD)

    in 8 rounds

  • Latest Funding Round
    $16 M (USD), Series B

    Sep 22, 2020

  • Investors
  • Employee Count
    Not available
  • Acquired by
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People of Senet

Headcount 10-50
Employee Profiles 18
Board Members and Advisors 4
Employee Profiles
People
Mark Baltier
CFO
People
Mark Ewen
EVP Global Sales & Business Development (lorawan)
People
Steven Ball
VP Operations
People
Dustin Doyle
Director Of Sales And Business Development

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Funding Insights of Senet

Senet has successfully raised a total of $61.86M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in September 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.

Investors in Senet

Senet has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Harbor Light Capital Partners, Activate Venture Partners and City Light Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Tech & Life Science focused early stage VC firm investing in the US
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Early-stage venture capital is provided by Activate Venture Partners.
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Venture capital firm investing in environmental, education & safety care sectors
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Investor details for Senet

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Senet

Investments
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Investment portfolio details for Senet

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Senet

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Detailed financials for Senet

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  • Profit trends
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Senet Comparisons

Senet Primary company
Description
LoRa-based connectivity solutions are provided for IoT appli...
Location
Portsmouth, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Senet

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Competitors of Senet

Senet 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 The Things Industries, eleven-x, Hivello Holdings, OrbiWise and Everynet, among others.

Company Name Domain Founded year HQ Location Description
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LoRaWAN network server software and support services are provided.
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Wireless telecommunications software for IoT connectivity is developed.
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LoRaWAN technology is developed for decentralized IoT networks.
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Network software solutions for LoRaWAN-based IoT connectivity are provided.
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IoT connectivity is enabled via LPWA solutions and LoRaWAN infrastructure.
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Detailed competitors of Senet

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  • Domains and locations
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Latest news on Senet

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Complete news archive for Senet

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Senet

Senet was founded in 2009 and raised its 1st funding round 2 years after it was founded.

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

Senet is a funded company, having raised a total of $61.86M across 8 funding rounds to date.

Senet was founded in 2009 in Portsmouth, United States, within the IoT sector. Connectivity platforms and business models are supplied to enable deployment of carrier-grade LoRaWAN networks. IoT networks are delivered, with adherence to LoRaWAN standards maintained. Operations focus on low-power wide-area networking for various applications, supporting scalable infrastructure across the region.

Senet's top competitors include Hivello Holdings, The Things Industries and SenRa.

Senet has 4 investors. Key investors include Harbor Light Capital Partners, Activate Venture Partners, City Light Capital, and Anova.

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