Elevated Signals - About the company
Elevated Signals is a series A company based in Vancouver (Canada), founded in 2016. It operates as a Provider of farm monitoring solutions for cannabis growers. Elevated Signals has raised $5.85M in funding from Yaletown. The company has 251 active competitors, including 42 funded and 19 that have exited. Its top competitors include companies like AspenTech, Plex Systems and HostBooks.
Company Details
Provider of farm monitoring solutions for cannabis growers. It offers strain-specific cultivation workflow automation, regulatory recordkeeping, and environmental monitoring software supported by wireless IoT sensor networks. The IoT-powered sensors collect and link data to specific plant IDs and analyze the data to generate reports on the growing conditions of every plant. Its system sends notification alerts to the user in case of suboptimal conditions and pathogen attacks. It also provides insights on product demand, industry benchmarks, and market trends for the user to optimize production processes and operations.
- Website
- Social
- Email ID
- @elevatedsignals.com
- Phone Number
- +1
Elevated Signals's funding and investors
Elevated Signals has raised a total funding of $5.85M over 2 rounds. Its first funding round was on Jun 21, 2022. Its latest funding round was a Series A round on Feb 27, 2024 for $5.85M. 6 investors participated in its latest round, lead by Yaletown.
Elevated Signals has 6 institutional investors including Yaletown, Third Kind Venture Capital and Pareto. Colin Harris is only Angel Investor in Elevated Signals.
Here is the list of recent funding rounds of Elevated Signals:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Feb 27, 2024 | $5.85M | Series A | 9902735 | 2675442 | |
Jun 21, 2022 | Undisclosed | Seed | 9197431 | 6774017 |
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Elevated Signals's Competitors and alternates
Top competitors of Elevated Signals include AspenTech, Plex Systems and HostBooks. Here is the list of Top 10 competitors of Elevated Signals, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | AspenTech 1981, Bedford (United States), Acquired | Provider of AI based manufacturing process optimization software | $100M | Transpac, Advent InternationalÌý&²¹³¾±è;Ìý | 72/100 |
2nd | Plex Systems 1995, Troy (United States), Acquired | Cloud-based manufacturing execution software solution | $86.5M | Apax, T. Rowe PriceÌý&²¹³¾±è;Ìý | 70/100 |
3rd | Provider of accounting solutions for businesses | $8M | Ulu Ventures, RazorpayÌý&²¹³¾±è;Ìý | 58/100 | |
4th |  AVEVA 1967, Cambridge (United Kingdom), Acquired | Cloud based data visualization and dashboard development platform | - | 57/100 | |
5th | Technology based B2B platform for manufacturing operations management | $33.1M | Tiger Global Management, Alpha Wave GlobalÌý&²¹³¾±è;Ìý | 54/100 | |
6th |  First Resonance 2020, Los Angeles (United States), Series A | Cloud-based MES solutions for the manufacturing industry | $40.8M | Craft Ventures, Wavemaker PartnersÌý&²¹³¾±è;Ìý | 50/100 |
7th |  Maxbyte 2016, Abu Dhabi (United Arab Emirates), Series A | Provider of manufacturing execution system to manage production operations | $6.78M | NetApp Excellerator, Tech InnovationsÌý&²¹³¾±è;Ìý | 49/100 |
8th | _1572416066480.png?height=40&width=40){kind=logo} Pico MES 2018, United States, Series A | Provider of data collection and analytics solution for manufacturing industries | $27.2M | Robert Bosch Venture Capital, LemnosÌý&²¹³¾±è;Ìý | 49/100 |
9th | Provider of product designing and development software for the manufacturing sector | - | Eiffel Investment Group, Ìý&²¹³¾±è;Ìý | 46/100 | |
10th | Apriso 1992, Long Beach (United States), Acquired | Business process management software for manufacturers | $16.1M | Presidio Partners, CMEA CapitalÌý&²¹³¾±è;Ìý | 46/100 |
32nd |  2016, Vancouver (Canada), Series A | Provider of farm monitoring solutions for cannabis growers | $5.85M | Yaletown, Third Kind Venture CapitalÌý&²¹³¾±è;Ìý | 33/100 |
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Elevated Signals's Investments and acquisitions
Elevated Signals has made no investments or acquisitions yet.
Reports related to Elevated Signals
Here is the latest report on Elevated Signals's sector:
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News related to Elevated Signals
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Business Wire•Apr 16, 2024•Elevated Signals,
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Calgary Herald•Feb 27, 2024•Elevated Signals, Yaletown, Third Kind Venture Capital, WGD Capital and 2 others
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Business Wire•Mar 08, 2023•, Elevated Signals
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Business Wire•Jul 14, 2022•Elevated Signals
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