Wed, 05/12/2021 - 3:22am tim
Vermont Business Magazine InfiSense, a Burlington SaaS data company launched in 2019 that provides real world data feeds to the analysts, engineers and experts solving today’s most complex problems, announced that it graduated from the 2020/2021 Creative Destruction Lab (CDL-Montreal) supply chain stream program, and successfully raised a round of capital to accelerate growth.
InfiSense currently powers leading businesses that use data to address building decarbonization and to optimize indoor agriculture production, two endeavors that help offset the effects of climate change.
Similar to financial analysts that pay premiums for information delivered through curated data feeds, InfiSense’s customers rely on them to deliver persistent and actionable streams of data from low power, long range wide area network (LoRaWAN) sensors easily installed in the real world. In their first year of sales, they generated an impressive $500K in revenue.