Tech Company Financing Transactions
Notion Sensors Funding Round
Notion Sensors closed a $3.2 million funding round on 6/3/2016. Backers included XL Innovate and Liberty Mutual Strategic Ventures.
Transaction Overview
Company Name
Announced On
6/3/2016
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Undisclosed
Investors
XL Innovate (Lead Investor) (Martha Notaras)
Proceeds Purpose
Notaras noted that Notion already has 10,000 units in the market and will use the money to "prove that they can use insurance companies as a distribution channel and that they can add value to that channel in terms of reducing customer risk by getting into early risk detection systems on the side of the insurers."
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1530 Blake St. 220
Denver, CO 80202
USA
Denver, CO 80202
USA
Phone
Website
Email Address
Overview
Notion sensors are along for the ride when objects like doors and windows open. Easily keep a mindful eye on people coming and going, whether a garage door closes or not, if a safe or liquor cabinet is accessed and more!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Brett Jurgens
Chief Technical Officer
Ryan Margoles
VP - Bus. Development
Harry Hollines
VP - Engineering
Eric Gnoske
VP - Operations
Bryan Johnson
Browse more venture capital transactions:
Prev: 6/3/2016: Mediamorph venture capital transaction
Next: 6/3/2016: AccuraGen venture capital transaction
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We report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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