($10M CAD in Series A Funding)

InnerSpace, a Toronto-based SaaS company, closed its Series A Round with $10 million CAD on August 11.

Under the leadership of CEO and Founder James Wu, the funding round was led by Yaletown Partners, with previous participants including BDC Capital (Canada) and MaRS Investment Accelerator Fund.

InnerSpace’s technology offers real-time location tracking to optimize space utilization in smart cities and large-scale enterprises.

Why we like it: InnerSpace leverages its proprietary Wi-Fi-based real-time location system (RTLS) to provide actionable insights on space utilization across various industries, all without the need for additional sensors. The platform is #GDPR compliant, #SOC2, and #iso27001 certified, ensuring robust privacy and security measures.

Popular post

ShiftPixy: Redefining the Gig Economy with Innovative Workforce Solutions
In an era where flexibility is king and gig jobs are becoming...
Shaping the Future: How Family Offices are Leading the $84 Trillion Wealth Transfer
In the dynamic landscape of today’s global finance, Family...
Family Office Growth News — March 2024 Edition
Welcome to the March 2024 Edition of Family Office Growth News!

Arondight Advisors
© 2024 All Rights Reserved

Subscribe to Newsletter