About SenionLab
SenionLab is an Industrial Goods & Manufacturing company based in Linkoping (Sweden) founded in 2010, and was acquired by Verizon in June 2021. Indoor positioning and navigation platforms are developed and provided. It operates in the Industrial Goods & Manufacturing and Technology sectors. SenionLab has raised $1.8 million across 3 funding rounds from investors including Verizon and SEB. SenionLab offers products and services including 5G Services, Mobile Plans, and IoT Platforms. Its focus areas include High Tech, Geographic Information Systems, Positioning & Navigation and Navigation.
Company details
SenionLab was founded in 2010 in Linköping, Sweden, and operates in the location technology sector. Research and development efforts are focused on signal processing and sensor fusion systems for indoor positioning, navigation, and mapping. A pedestrian navigation system is offered for indoor settings, including shopping malls, universities, hospitals, museums, and airports, supporting various institutional applications.
Products & Services of SenionLab
SenionLab offers a comprehensive portfolio of products and services, including 5G Services, Mobile Plans, and IoT Platforms.
High-speed wireless connectivity for consumers and businesses.
Subscription-based mobile data and voice offerings.
Integrated systems for sensor data and automation.
Funding Insights of SenionLab
SenionLab has successfully raised a total of $1.8M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.8 million completed in March 2015. 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 $1.8M
- Total Rounds 3
- Last Round Series A — $1.8M
- Investors Count 1
All 3 funding rounds of SenionLab with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2015 | $1.8M | Series A | – | – | |
| Apr 2011 | Grant | – | – | – | |
| Nov 2010 | Grant | – | – | – |
2 investors in total: 2 institutional.
Investors in SenionLab
SenionLab has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Verizon and SEB.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SEB is recognized as a leading Nordic corporate bank. | 1856 | sebgroup.com | Stockholm, Sweden | |
Mobile and internet services are provided to homes and businesses. | 1983 | verizon.com | New York, United States |
Investor details for SenionLab
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- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of SenionLab
4 dated milestones of SenionLab across 11 years, from founding to its latest funding, stage changes and deals.
- Founded SenionLab is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $1.8M.
- Exit Acquired by Verizon.
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Frequently Asked Questions about SenionLab
SenionLab was founded in 2010.
SenionLab is headquartered in Linkoping, Sweden. It is registered at Linkoping, Ostergotland, Sweden.
SenionLab is a funded company, having raised a total of $1.8M across 3 funding rounds to date.
SenionLab was founded in 2010 in Linköping, Sweden, and operates in the location technology sector. Research and development efforts are focused on signal processing and sensor fusion systems for indoor positioning, navigation, and mapping. A pedestrian navigation system is offered for indoor settings, including shopping malls, universities, hospitals, museums, and airports, supporting various institutional applications.
SenionLab offers 5G Services, Mobile Plans, and IoT Platforms.
Yes. SenionLab was acquired by Verizon in June 2021.