TeleSense

Sunnyvale, United States Founded: 2013 • Age: 13 yrs Minicorn Acquired By Deccopostharvest
IoT-based environmental monitoring and control solutions are provided by TeleSense.

About TeleSense

TeleSense is a Technology company based in Sunnyvale (United States) founded in 2013, and was acquired by Deccopostharvest in September 2022. IoT-based environmental monitoring and control solutions are provided by TeleSense. It operates in the Technology and Agriculture sectors. TeleSense has raised $18.59 million across 2 funding rounds from investors including Plug and Play Tech Center, UPL and Finistere Ventures. The company has 26 employees. TeleSense has completed 1 acquisition, including Webstech. TeleSense was last valued at $17.5 million in October 2020. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Devices and IoT Applications. Its legal entity is TeleSense Europe ApS. Its competitors include Bushel, pSemi and Centaur; 2 of its 3 listed competitors have raised funding.

Company details

TeleSense was founded in 2013 and is headquartered in Sunnyvale, United States. Operations focus on the IoT sector, where hardware including wireless sensors, industrial sensor hubs, and enterprise gateways is developed to gather data on temperature, humidity, pressure, motion, and lighting. Cloud-based rules are utilized to generate custom alerts. Applications span cold chain monitoring, restaurant environments, and energy management.

Key Metrics
  • Net Profit
    $128.48 K (USD)
    280
    as on Dec 31, 2022
  • Total Equity Funding
    $18.59M (USD)

    in 2 rounds

  • Latest Funding Round
    $12.09M (USD), Series B

    Oct 2020

  • Investors
  • Employee Count
    26
  • Investments & Acquisitions
  • Acquired by

Funding Insights of TeleSense

TeleSense has successfully raised a total of $18.59M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $12.09 million completed in October 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.

  • Total Funding $18.59M
  • Total Rounds 2
  • Last Round Series B β€” $12.09M
  • First Round $6.5M

    (Aug 2018)

  • Investors Count 12

All 2 funding rounds of TeleSense with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2020$12.09MSeries B$17.5MFinistere Ventures
Aug 2018$6.5MSeries A–Finistere Ventures
Valuation history
DateValuationStage
Oct 2020$17.5Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $17.5M (Oct 2020). 13 investors in total: 13 institutional.

Investors in TeleSense

TeleSense has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, UPL and Finistere Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
finistere.com
Venture capital investments are made in agricultural innovation.
fgcvc.comUnited States
Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors
artesianinvest.comSydney, Australia
Early-stage technology investments are facilitated by Mindset Ventures.
mindset.venturesMountain View, United States
Investment arm of Rabobank, focusing on equity capital provision.
raboinvestments.comUtrecht, Netherlands
Climate tech investing and support for early-stage entrepreneurs in North America.
congruentvc.com
Equity capital is provided by Rabo Investments for transformative companies.
rfaif.comUtrecht, Netherlands
radicle.vc
Trailhead Capital is focused on regenerative agriculture investments.
trailheadcap.comDenver, United States
Startups are accelerated and invested in across multiple tech sectors.
2006plugandplaytechcenter.comSunnyvale, United States
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Investor details for TeleSense

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People of TeleSense

11 people are tracked at TeleSense (5 in leadership, 3 in board & advisors, 3 in team); the tracked headcount is 26.

NameRoleGroup
Naeem Zafar
President, CEO & Co-FounderLeadership
Tyler Benson
VP, North American SalesLeadership
Nick Garner
Co-Founder & Chief EngineerLeadership
Thomas Kylling
Managing Director, TeleSense Europe ApSLeadership
Glenn Adler
Vice President Of Hardware Engineering And OperationsLeadership
Seth L. Naeve
AdvisorBoard & advisors
Digvir S. Jayas
AdvisorBoard & advisors
Kenneth Hellevang
AdvisorBoard & advisors
Dugald Stewart
Operations and ManufacturingTeam
Max M.
National Sales ManagerTeam
Pallavi Dandamudi
Product ManagerTeam
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Investments & Acquisitions by TeleSense

TeleSense has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Webstech.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Sensor systems to monitor crops
webstech.dkTjele, Denmark2009Apr 2019β€’β€’β€’β€’
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Timeline of TeleSense

6 dated milestones of TeleSense across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded TeleSense is founded.
  2. Funding First funding round of $6.5M.
  3. Acquisition Acquires Webstech.
  4. Funding Latest funding round, Series B, of $12.1M.
  5. Milestone Reaches Minicorn status.
  6. Exit Acquired by Deccopostharvest.

Competitors of TeleSense

TeleSense has 3 listed competitors in our database, 2 of them funded. They include Bushel, pSemi and Centaur.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bushelpowered.com2011Fargo, United States$101.5M198
Grain facilities monitoring solutions are delivered via subscription software.
psemi.com1990San Diego, United States537
Mixed signal communications circuits
centaur.ag2014Ventura, United States$6.12M
Real-time monitoring and analytics for stored crops are provided.
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Detailed competitors of TeleSense

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Web traffic of TeleSense

The website of TeleSense (telesense.com) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▼ 25.1% vs previous month

Top companies in Industrial IoT & Smart Manufacturing

3 companies that operate in the same segment as TeleSense (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based smart security cameras are manufactured for home use.
1999Provo, Utah, United StatesUSD 172 MUSD 341.04 M11,275
Cloud-based network infrastructure for IoT applications is provided.
2004Boise, Idaho, United StatesUSD 154.85 MUSD 8.52 M165
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Related news about Telesense

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Frequently Asked Questions about TeleSense

TeleSense was founded in 2013 and raised its 1st funding round 5 years after it was founded.

TeleSense is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

TeleSense is a funded company, having raised a total of $18.59M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.5M, raised on Aug 2018.

TeleSense has 26 employees.

TeleSense was founded in 2013 and is headquartered in Sunnyvale, United States. Operations focus on the IoT sector, where hardware including wireless sensors, industrial sensor hubs, and enterprise gateways is developed to gather data on temperature, humidity, pressure, motion, and lighting. Cloud-based rules are utilized to generate custom alerts. Applications span cold chain monitoring, restaurant environments, and energy management.

TeleSense's top competitors include Bushel, pSemi and Centaur.

TeleSense has made 1 acquisition, including Webstech.

TeleSense has 13 investors. Key investors include Plug and Play Tech Center, UPL, Finistere Ventures, Fulcrum Global Capital, and Artesian.

The valuation of TeleSense is $17.5M as of Oct 2020.

TeleSense operates through Telesense Europe Aps.

Yes. TeleSense was acquired by Deccopostharvest in September 2022.

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