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Sensolus develops an Industrial Internet of Things solution for comprehensive asset tracking, specifically designed for non-powered, high-value assets across diverse industries. The company delivers a complete system that integrates smart tracking hardware with a cloud-based platform, providing real-time location data and actionable operational insights. This technology empowers clients to monitor various assets, from smaller components to large containers, thereby enhancing control over their supply chain and logistics operations.
The company was founded in 2013 by Kristoff Van Rattinghe, who serves as CEO, and Johan Criel, its CTO, alongside other co-founders. They identified a significant gap in the market for a simplified, reliable, and energy-efficient method to track industrial assets. This core insight guided their development of a tracking solution emphasizing ease of installation, low power consumption, and extended battery life, addressing the critical challenges businesses faced with asset visibility.
Industrial companies represent the primary customer base for Sensolus, leveraging its platform to gain precise visibility and control over their physical assets. This allows them to optimize complex logistics flows, manage equipment more efficiently, and reduce operational inefficiencies throughout their supply chains. Sensolus's mission is to provide a straightforward and dependable approach for enterprises to acquire real-time asset intelligence, facilitating more informed operational decisions.
Sensolus has raised $4.0M across 1 funding round.
Sensolus has raised $4.0M in total across 1 funding round.
Sensolus has raised $4.0M in total across 1 funding round.
Sensolus's investors include btov Partners.
Sensolus is a Belgian industrial IoT (IIoT) company specializing in end-to-end asset tracking solutions for non-powered assets like trailers, containers, pallets, and equipment.[1][2][3] It serves industries including logistics, manufacturing, aerospace, automotive, waste management, and supply chain, with over 400 customers such as Airbus, Atlas Copco, and AB InBev, tracking more than 250,000 assets in real-time via plug-and-play wireless trackers and a cloud-based platform.[1][3][4] The solution solves visibility challenges in scattered assets by providing location, condition monitoring (e.g., temperature, humidity), anomaly alerts, and actionable insights to optimize processes, reduce costs, cut carbon footprints, and enhance decision-making.[2][3][5][6]
Growth momentum is strong, with the company scaling from a 2013 startup to 45+ employees, 175,000+ trackers deployed, and 200+ customers including stock-listed firms; recent launches like the TRACK 1105 device expand into North America, supporting cross-border logistics with up to 7-10 year battery life and multi-network connectivity.[1][3][4][5][8]
Sensolus was founded in 2013 in Belgium by four IoT enthusiasts, including co-founder and CEO Kristoff Van Rattinghe, who brought expertise in telecom, low-power networks, wireless sensor design, and cloud analytics.[1][3][9] The idea emerged from recognizing the need to connect non-powered assets to the digital ecosystem, enabling them to be tracked, planned, and traded like online commodities amid rising IoT demands.[1][4][9] Early traction came from plug-and-play solutions proving value in industries like aerospace and logistics, quickly attracting major clients like Airbus and growing to track hundreds of thousands of assets.[1][3]
Pivotal moments include years of R&D leading to patented data-loss-proof technology and expansions into global markets, with the company evolving from a local scale-up to a leader in asset visibility.[1][4][5][9]
Sensolus rides the IIoT and supply chain digitization trend, where IoT shifts from hype to necessity for tightening production cycles, inventory optimization, and sustainability amid global disruptions.[3][5] Timing aligns with post-pandemic logistics demands, reusable packaging needs, and carbon reduction pressures, enabling non-powered assets to join digital ecosystems via low-power wide-area networks (LPWAN).[2][4][8] Market forces like rising e-commerce, cross-border trade (e.g., US/Canada/Mexico expansion), and Industry 4.0 favor its no-infrastructure model, reducing hidden costs and inefficiencies.[5][6]
It influences the ecosystem by partnering with tech like Quuppa for precise tracking and empowering 400+ firms to cut emissions through insights, positioning as a global leader in asset visibility.[1][3]
Sensolus is poised for accelerated growth through innovations like TRACK 1105 and North American entry, potentially doubling tracked assets as IoT adoption surges in logistics and manufacturing.[5] Trends like AI-driven analytics, 5G/edge computing, and sustainability regulations will amplify its edge in real-time, low-maintenance tracking. Its influence may evolve by dominating reusable asset management, fostering a more efficient, visible global supply chain—turning scattered physical assets into seamless digital commodities, as pioneered since 2013.[4][9]
Sensolus has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Venture Round in October 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2020 | $4.0M Venture Round | btov Partners |