Funding Received
$3.4 Million in 5 Rounds from 10 Investors
Most Recent Funding
$3.1 Million Seed on December 10, 2013
Founded:
April 1, 2012
Headquarters:
New York, NY
Description:
Estimote is a technology start-up, building a sensor-based engagement platform for users to communicate with nearby smart phones. 
Founders:
Steve Cheney, Nicholas Chirls, Lukasz Kostka, Jakub Krzych
Categories:
Wireless, Sales and Marketing, Proximity Internet, M2M, Mobile Software Tools, Navigation, Location Based Services, Mobile, Retail, Big Data, Sensors, Analytics
Website:
http://www.estimote.com

Detailed Description

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Estimote creates small, wireless sensors that use Bluetooth low energy (BLE) to detect the location of nearby smartphones and communicate with them using an API they’ve developed to make it easy for developers to add micro-location features to their mobile apps.

Their Estimote Beacons or ‘motes’ can run up to two years on a single coin battery and can communicate with smartphones as close as four inches away or as far as 160 feet (50m). By using Estimote’s SDK, developers will also be able to access a centralized dashboard on the Estimote website.

Using their platform, developers and retailers can use the analytics collected from multiple sensors in a store to optimize product placement, provide indoor navigation, engage in proximity marketing, add automatic check-ins or even do contactless payments.

Their sensors are already being used by large retailers in Europe and they’re working to build a large network of their sensors in US.

Current Team (8)

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Funding Rounds (5) - $3.1M

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Products (1)

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Investors (10)

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  • Poxaztswzc0eiprenooe

    betaworks

    betaworks is a startup studio. Building and seed investing in next generation internet companies.
  • Yubtoyjqgdc0qng2fon8

    Innovation Endeavors

    Founded in 2010 by Google Chairman Eric Schmidt and Dror Berman, Innovation Endeavors is an early...
  • Adcbedc0b426237d6dc9eaa14ef0d430

    Birchmere Ventures

    Birchmere Ventures is an early-stage venture capital firm founded in 1996 with a focus on...
  • Mudlhs9edzigneh0cmeu

    Bessemer Venture Partners

    Bessemer Venture Partners has over 100 years of investing experience, with a portfolio ranging...
  • 977dbaf038ca079a10f7e62b7dd95682

    Valiant Capital Partners

    Valiant Capital Management is a $2.7 billion global long/short equity hedge fund founded by...
  • 10cc3742274884718405c86f55b433f8

    FundersClub

    FundersClub is an online venture capital firm that enables accredited investors and elite...
  • Pvapyc1piujpdgnpbqck

    New Europe Ventures, LLC

    Boutique investment firm focused on early-stage technology companies in Eastern Europe
  • 67335556312e27c7952908189db66b76

    Andreessen Horowitz

    Andreessen Horowitz is a Silicon Valley-based venture capital firm with $2.7 billion under...

Offices/Locations (3)

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  • Estimote

    35 East 19th Street

    New York, NY 10003

    USA

  • Estimote Polska (EU)

    Berka Joselewicza 21

    Kraków, 31-358

    POL

  • Estimote, Inc. (USA)

    340 S Lemon Ave #1312

    Walnut, CA 91789

    USA

Competitors (11)

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    Proximity 5 is a cloud based ibeacon management platform for the internet of things and business
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    Nomi

    Nomi is an omni-channel marketing platform that helps retailers better engage with their customers.
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    Motionloft

    Motionloft offers real-time and historical pedestrian and vehicle data analytics by using sensor...
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    shopkick

    Shopkick provides a shopping app for smartphones and tablets that offers rewards for customers...
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    Euclid

    Euclid helps retailers optimize the performance of their marketing, merchandising and operations.
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    Beacify

    iBeacon Proximity Platform
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Images (3)

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  • D8cd7a98650216d3c3647da9146cb0e0
  • 5628f7d1eac6d85fdb6690e539ab7cca

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