About SimpleSense
SimpleSense is a company based in Reno (United States) founded in 2017.. SimpleSense has raised $1.63 million across 3 funding rounds from investors including Erie Innovation District. The company has 18 employees as of December 31, 2022. SimpleSense offers products and services including Installation Resilience Platform and Fast Track ATO. SimpleSense operates in a competitive market with competitors including Illumio, Airgap, NetBird, ColorTokens and Neeve, among others.
- Headquarter Reno, United States
- Employees 18 as on 31 Dec, 2022
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Simplesense Inc.
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Annual Revenue
$00as on Jun 13, 2023
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Net Profit
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EBITDA
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Total Equity Funding
$1.63 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
Jun 13, 2023
- Investors
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Employee Count
18
as on Dec 31, 2022
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Products & Services of SimpleSense
SimpleSense offers a comprehensive portfolio of products and services, including Installation Resilience Platform and Fast Track ATO. 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.
Secures OT and control systems with zero trust and monitoring features
Enables rapid authorization for Air Force control systems
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Software Development Team
2 people
Product Management Team
1 people
Leadership Team
1 people
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Funding Insights of SimpleSense
SimpleSense has successfully raised a total of $1.63M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in June 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 Funding
- Total Rounds 3
- Last Round Seed — $1.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - SimpleSense | Valuation |
investors |
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| Dec, 2020 | Amount | Seed - SimpleSense | Valuation |
investors |
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| Dec, 2018 | Amount | Seed - SimpleSense | Valuation | Erie Innovation District |
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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 SimpleSense
SimpleSense has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Erie Innovation District. 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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Startups across sectors are accelerated through support programs.
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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 SimpleSense
| 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 - SimpleSense
| 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 |
Simplesense Comparisons
Competitors of SimpleSense
SimpleSense 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 Illumio, Airgap, NetBird, ColorTokens and Neeve, 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 |
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| domain | founded_year | HQ Location |
Cloud workload security solutions are provided for businesses using telemetry.
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Ransomware prevention and threat isolation platforms are provided.
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Network security solutions are delivered via an open-source VPN platform.
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Provides robust security solutions for protecting endpoints and workloads.
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| domain | founded_year | HQ Location |
Cloud-as-a-service platform for smart buildings and cybersecurity is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 SimpleSense
When was SimpleSense founded?
SimpleSense was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is SimpleSense located?
SimpleSense is headquartered in Reno, United States. It is registered at Reno, Nevada, United States.
Is SimpleSense a funded company?
SimpleSense is a funded company, having raised a total of $1.63M across 3 funding rounds to date.
How many employees does SimpleSense have?
As of Dec 31, 2022, the latest employee count at SimpleSense is 18.
What does SimpleSense do?
SimpleSense was founded in 2017 and is based in Reno, United States. Smart routing solutions are offered by the company, utilizing sensor fusion technology and intelligent algorithms. These solutions are applied in industries such as security and defense. Sensors developed by SimpleSense are designed to resist dust, moisture, and temperature, while compliance with standards including GDPR, FERPA, and HIPAA is maintained. Operations focus on multi-industry applications through the domain simplesense.io.
Who are the top competitors of SimpleSense?
What products or services does SimpleSense offer?
SimpleSense offers Installation Resilience Platform and Fast Track ATO.
Who are SimpleSense's investors?
SimpleSense has 1 investor. Key investors include Erie Innovation District.
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