AeroScout is a technology company.
AeroScout has raised $49.0M across 3 funding rounds.
AeroScout has raised $49.0M in total across 3 funding rounds.
AeroScout was a technology company specializing in unified asset visibility solutions using standard Wi-Fi networks to track the location, condition, and status of mobile assets and people.[1][2][3] It served hospitals, manufacturing, logistics, and mining organizations, solving operational inefficiencies by enabling real-time monitoring, alerts, and integration with enterprise systems to improve efficiency and safety.[1][2][3] Founded in 1999 (or 2000 per some records) in Redwood City, California, the company raised $67.7M before being acquired by Stanley Black & Decker in July 2014.[1][3] Post-acquisition, its RTLS (Real-Time Location System) technology continued to power healthcare applications like asset tracking, patient flow, and staff safety through partners like Securitas Healthcare.[5]
(Note: A separate Swiss company, Aeroscout GmbH, focuses on industrial UAVs but is distinct from this U.S.-based AeroScout.[4])
AeroScout emerged in the late 1990s as a pioneer in Wi-Fi-based asset tracking, founded in 1999 (with some sources citing 2000) in Redwood City, California.[1][3] The company invented the first Wi-Fi-based Active RFID tag, addressing the need for scalable, network-friendly location tracking without dedicated infrastructure.[2][3] Early traction came from healthcare, manufacturing, and logistics sectors, where it deployed solutions for Fortune 500 clients and leading hospitals, quickly becoming the market leader in units shipped.[2][3] By 2014, with $67.7M raised and 18 patents in wireless locating and GPS tracking, AeroScout was acquired by Stanley Black & Decker, integrating its tech into broader industrial and healthcare visibility platforms.[1]
AeroScout rode the early IoT and RTLS wave in the 2000s, capitalizing on Wi-Fi proliferation to make asset tracking affordable and ubiquitous before dedicated RTLS systems dominated.[1][3] Its timing aligned with healthcare's push for efficiency amid rising costs and logistics' globalization, influencing standards for Wi-Fi-based visibility in hospitals (e.g., patient flow, equipment management) and manufacturing.[2][5] Market forces like sensor miniaturization and wireless standards favored its non-intrusive model, paving the way for modern competitors like Kontakt.io in AI-enhanced RTLS.[1] Acquired by Stanley Black & Decker, it amplified industrial IoT adoption, contributing to ecosystem shifts toward integrated, real-time operations in safety-critical sectors.[1]
Post-2014 acquisition, AeroScout's technology endures within Stanley Black & Decker and partners like Securitas Healthcare, evolving into advanced RTLS for healthcare efficiency and IoT monitoring.[1][5] Next steps likely involve AI integrations for predictive analytics, expanding into smart factories and 5G-enhanced tracking amid rising demand for supply chain resilience. Trends like edge computing and hybrid work will shape its legacy, potentially amplifying influence in post-pandemic asset optimization—cementing its foundational role in turning Wi-Fi into a visibility powerhouse.[1][5]
AeroScout has raised $49.0M in total across 3 funding rounds.
AeroScout's investors include 83North, Index Ventures, Lightspeed Venture Partners, Menlo Ventures, Pitango Venture Capital, StageOne Ventures, Viola Ventures, Rami Beracha.
AeroScout has raised $49.0M across 3 funding rounds. Most recently, it raised $16.0M Series E in November 2010.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2010 | $16.0M Series E | 83North, Index Ventures, Lightspeed Venture Partners, Menlo Ventures, Pitango Venture Capital, StageOne Ventures, Viola Ventures, Rami Beracha | |
| May 1, 2008 | $12.0M Series D | 83North, Menlo Ventures, Pitango Venture Capital | |
| Mar 1, 2007 | $21.0M Series C | 83North, Index Ventures, Lightspeed Venture Partners, Pitango Venture Capital, StageOne Ventures, Viola Ventures, Rami Beracha |