Sonitor Technologies

Oslo, Norway Founded: 1997 • Age: 29 yrs
Ultrasound-based real-time locating systems are provided for indoor tracking.
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About Sonitor Technologies

Sonitor Technologies is a company based in Oslo (Norway) founded in 1997.. Sonitor Technologies has raised $17.39 million across 2 funding rounds. The company has 10 employees as of December 31, 2019. Sonitor Technologies offers products and services including SonitorONE, Environmental Monitoring, and Locating Solutions. Sonitor Technologies operates in a competitive market with competitors including Navenio, Vimcar, Topcon Positioning, IndoorAtlas and MazeMap, among others.

  • Headquarter Oslo, Norway
  • Employees 10 as on 31 Dec, 2019
  • Sectors
    Healthcare
    Technology Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sonitor Technologies, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Geospatial, Imaging & Sensing Technology
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Key Metrics
  • Annual Revenue
    $9.5 M (USD)
    3
    as on Dec 31, 2021
  • Net Profit
    $-1.86 M (USD)
    -17
    as on Dec 31, 2021
  • EBITDA
    $-1.86 M (USD)
    -17
    as on Dec 31, 2021
  • Total Equity Funding
    $17.39 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.69 M (USD), Series B

    Nov 16, 2016

  • Investors
  • Employee Count
    10

    as on Dec 31, 2019

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Products & Services of Sonitor Technologies

Sonitor Technologies offers a comprehensive portfolio of products and services, including SonitorONE, Environmental Monitoring, and Locating Solutions. 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

Real-time location system for tracking healthcare assets and personnel.

System for overseeing healthcare environments and equipment locations.

Ultrasound-based tools for indoor positioning in healthcare settings.

People of Sonitor Technologies
Headcount 10-50
Employee Profiles 6
Board Members and Advisors 11
Employee Profiles
People
Kristian Gjermshus
SVP, Software Architecture
People
Arne Øyen
Chief Technology & Product Officer (ctpo)
People
Maaike Taklo
SVP, Engineering
People
Mikko Hyvönen
Software Developer

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Board Members and Advisors
people
Vibeke Hammer Madsen
Chairman
people
James W. Biondi
Director
people
Fritz Heidenreich
Director
people
Erik Kreyberg Normann
Director

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Funding Insights of Sonitor Technologies

Sonitor Technologies has successfully raised a total of $17.39M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $7.69 million completed in November 2016. 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 2
  • Last Round Series B — $7.7M
  • First Round

    (11 Apr 2016)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2016 Amount Series B - Sonitor Technologies Valuation

investors

Apr, 2016 Amount Series B - Sonitor Technologies 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

Investments & Acquisitions by Sonitor Technologies

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 - Sonitor Technologies

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

Sonitor Technologies Comparisons

Employees
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Competitors of Sonitor Technologies

Sonitor Technologies 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 Navenio, Vimcar, Topcon Positioning, IndoorAtlas and MazeMap, 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
Sensor-based location monitoring systems are provided for healthcare workforce.
domain founded_year HQ Location
SaaS-based electronic logbook and fleet management solutions are delivered.
domain founded_year HQ Location
Provides precision positioning systems for infrastructure and farming sectors.
domain founded_year HQ Location
Indoor location-based solutions and technologies are provided via a platform.
domain founded_year HQ Location
Indoor positioning and navigation systems are provided for buildings.
domain founded_year HQ Location
Inertial navigation systems are supplied for positioning and tracking solutions.
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 Sonitor Technologies

Frequently Asked Questions about Sonitor Technologies

When was Sonitor Technologies founded?

Sonitor Technologies was founded in 1997 and raised its 1st funding round 19 years after it was founded.

Where is Sonitor Technologies located?

Sonitor Technologies is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Is Sonitor Technologies a funded company?

Sonitor Technologies is a funded company, having raised a total of $17.39M across 2 funding rounds to date. The company's 1st funding round was a Series B of $9.69M, raised on Apr 11, 2016.

How many employees does Sonitor Technologies have?

As of Dec 31, 2019, the latest employee count at Sonitor Technologies is 10.

What is the annual revenue of Sonitor Technologies?

Annual revenue of Sonitor Technologies is $9.5M as on Dec 31, 2021.

What does Sonitor Technologies do?

Sonitor provides location and tracking information through an ultrasound real-time locating system (RTLS) technology. It combines area, room and sub-room accuracy in one platform. The company has developed Sonitor Sense and Sonitor TagID System, a wireless system that supports a range of applications including asset management, patient flow management, workflow management, infection control, nurse call, and environmental monitoring. The platform is available for licensing or integration into any system or solution requiring real-time positioning data. The company also provides a patented forkbeard platform based on Fast Ultrasound Echo Location (FUEL) technology which allows location tracking in an indoor environment also.

Who are the top competitors of Sonitor Technologies?

Sonitor Technologies's top competitors include Inertial Labs, Navenio and IndoorAtlas.

What products or services does Sonitor Technologies offer?

Sonitor Technologies offers SonitorONE, Environmental Monitoring, and Locating Solutions.

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