SensorUp, a Calgary and Vancouver, Canada-based SaaS provider in the movement intelligence space, closed an $6M Series A financing.
The round was led by Evok Innovations, with participation from InterGen and Export Development Canada plus previous investors Vanedge Capital and Bluesky Equities.
The company intends to use the funds to accelerate development of their technology roadmap and expand their market of industrial customers.
Led by and Founder and CTO Dr. Steve Liang, and Geoff Mair, CEO, SensorUp provides an IoT platform for geospatial that connects all the data from industrial assets and third-party systems in order to provide historical and real-time insights for critical decision making and the automation of routine tasks. It optimizes and automates complex physical operations by aggregating disparate sensor and operational data, extracting actionable insights with geospatial-AI, and dispatching resources with an automation engine.