
OpenSensors
An internet of things company building a connected world that puts people first.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
£3.0m | Seed | ||
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 6 % | - |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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OpenSensors provides data-driven solutions for workplace optimization, operating as a SaaS-based, IoT-enabled building management firm. Founded in 2016 by Yodit Bekele Stanton and headquartered in London, the company assists organizations in creating safe, cost-effective, and agile work environments. The initial inspiration for the company came from Stanton's personal search for real-time air quality data to help manage her daughter's asthma, which revealed a significant gap in the availability of indoor environmental data. This led to the development of a platform aimed at making workspaces healthier and more efficient.
Yodit Stanton, the company's CEO, has over two decades of experience as a software and data engineer. Her background includes building large-scale data systems and leading development teams for major financial institutions like Deutsche Bank, Nomura, and Lehman Brothers, where she specialized in predictive modeling and real-time systems. This expertise in handling complex data infrastructure directly informs the company's mission to translate raw sensor data into actionable business intelligence for real estate and facility management.
The company's business model is centered on providing an end-to-end service that includes the deployment of hardware sensors, network management, and access to an analytics platform. Revenue is generated through this Sensor-as-a-Service offering, which serves clients in sectors such as finance, insurance, and technology across North America and Europe. OpenSensors targets a range of stakeholders within an organization, including HR, Corporate Real Estate, IT, and Finance, by providing evidence-based insights to support strategic decisions.
The core of OpenSensors' offering is a system that uses various sensors to gather real-time data on workplace conditions. These include Passive Infrared (PIR) sensors to monitor desk occupancy by detecting heat and motion, as well as sensors that measure environmental factors like CO2 levels, humidity, temperature, and noise. This data is then processed and visualized on a dashboard, often overlaid on floor plans as heat maps, to provide clear insights into space utilization, peak occupancy times, and overall building health. The platform helps businesses manage hybrid work models, optimize their real estate portfolio by identifying underused space, and ensure a safe and productive environment for employees. By providing detailed analytics on how spaces are actually used, OpenSensors enables clients to make informed decisions about leasing, office design, and resource allocation.
Keywords: workplace optimization, space utilization, occupancy sensing, air quality monitoring, IoT building management, real estate analytics, facility management software, smart building technology, hybrid work solutions, corporate real estate, environmental sensors, data-driven workplace, workplace analytics, desk booking, meeting room analytics, employee wellbeing, office space analytics, smart office, proptech, real-time data