About Smart Structures
Smart Structures is a company based in West Palm Beach (United States) founded in 2004.. Smart Structures has raised $2.79 million across 5 funding rounds from investors including Ben Franklin Technology Partners and Emergent Growth Fund. Smart Structures offers products and services including SmartPile Inspector, Embedded Corrosion Instrument, and SmartField Sheet. Smart Structures operates in a competitive market with competitors including Brickeye, Grillo, CNIguard, Maturix and Concrete Sensors, among others.
- Headquarter West Palm Beach, United States
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.79 M (USD)
in 5 rounds
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Latest Funding Round
$150 K (USD), Seed
Jul 19, 2013
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Investors
Ben Franklin Technology Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Smart Structures
Smart Structures offers a comprehensive portfolio of products and services, including SmartPile Inspector, Embedded Corrosion Instrument, and SmartField Sheet. 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.
Device for real-time pile inspection in construction projects
Sensor for detecting corrosion in infrastructure elements
Tool for monitoring vibrations and noise in structures
Funding Insights of Smart Structures
Smart Structures has successfully raised a total of $2.79M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in July 2013. 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 5
- Last Round Seed — $150,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2013 | Amount | Seed - Smart Structures | Valuation |
investors |
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| Jan, 2013 | Amount | Seed - Smart Structures | Valuation |
investors |
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| Jul, 2011 | Amount | Seed - Smart Structures | Valuation |
investors |
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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 Smart Structures
Smart Structures has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ben Franklin Technology Partners and Emergent Growth Fund. 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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Investment and support are provided for Pennsylvania's tech-based companies.
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Founded Year | Domain | Location | |
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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 Smart Structures
| 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 - Smart Structures
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Smart Structures Comparisons
Competitors of Smart Structures
Smart Structures 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 Brickeye, Grillo, CNIguard, Maturix and Concrete Sensors, 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 |
Wireless sensor monitoring solutions are offered for construction sites.
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| domain | founded_year | HQ Location |
Detection and alerting of earthquakes
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| domain | founded_year | HQ Location |
IoT-based solutions for monitoring critical infrastructure are offered.
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| domain | founded_year | HQ Location |
SaaS-based solutions for monitoring concrete curing are provided.
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| domain | founded_year | HQ Location |
Sensors for concrete moisture and humidity monitoring are provided.
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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 Smart Structures
When was Smart Structures founded?
Smart Structures was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Where is Smart Structures located?
Smart Structures is headquartered in West Palm Beach, United States. It is registered at West Palm Beach, Florida, United States.
Is Smart Structures a funded company?
Smart Structures is a funded company, having raised a total of $2.79M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Oct 30, 2006.
What does Smart Structures do?
Smart Structures was founded in 2004 in West Palm Beach, United States, and operates in the smart structures sector. The SmartPile system is built by embedding a data collector into concrete during construction. Wireless sensors are employed to transmit health data from structures to processing software. Public infrastructure like roads and bridges, as well as private buildings, is monitored through this setup, allowing quality control during building processes.
Who are the top competitors of Smart Structures?
What products or services does Smart Structures offer?
Smart Structures offers SmartPile Inspector, Embedded Corrosion Instrument, and SmartField Sheet.
Who are Smart Structures's investors?
Smart Structures has 2 investors. Key investors include Ben Franklin Technology Partners, and Emergent Growth Fund.
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