Tech Company Financing Transactions

Pensa Systems Funding Round

Pensa Systems secured a $10 million Seed financing round on 11/21/2019. Backers included ATX Venture Partners, Signia Venture Partners and Capital Factory.

Transaction Overview

Company Name
Announced On
11/21/2019
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors

ATX Venture Partners (Lead Investor) (Chris Shonk)

Signia Venture Partners (Lead Investor)

Capital Factory

Commerce Ventures

private investors (David Ritter)

private investors (James McCann)

private investors (Mick Mountz)

RevTech Accelerator

ZX Ventures (Patrick O'Riordan)

Proceeds Purpose
The new funds will be used to accelerate delivery and deployment of Pensa's retail inventory visibility system, which uses advanced computer vision, patent-pending artificial intelligence and autonomous drones to see and understand what's on store shelves.

Company Information

Company Status
Private & Independent
Industry
Robotics
Mailing Address
4704 East Cesar Chavez St. Building B 6
Austin, TX 78702
USA
Phone
Undisclosed
Email Address
Overview
Pensa Systems is a leading innovator in autonomous perception systems. Its solution automates inventory visibility for the 8 trillion dollar retail and consumer goods industries. Pensa has formed strategic partnerships globally and works with some of the largest manufacturers and retailers.
Profile
Pensa Systems LinkedIn Company Profile
Social Media
Pensa Systems Company Twitter Account
Company News
Pensa Systems News
Facebook
Pensa Systems on Facebook
YouTube
Pensa Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Richard Schwartz
  Richard Schwartz LinkedIn Profile  Richard Schwartz Twitter Account  Richard Schwartz News  Richard Schwartz on Facebook
VP - Engineering
James Dutton
  James Dutton LinkedIn Profile  James Dutton Twitter Account  James Dutton News  James Dutton on Facebook
VP - Operations
Jason Reneau
  Jason Reneau LinkedIn Profile  Jason Reneau Twitter Account  Jason Reneau News  Jason Reneau on Facebook
VP - Product Management
Pinar Kaprali
  Pinar Kaprali LinkedIn Profile  Pinar Kaprali Twitter Account  Pinar Kaprali News  Pinar Kaprali on Facebook


 

 

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