Position Imaging, a Stratham, NH-based developer of location tracking technologies, raised $30M in funding.
The round was led by GT Investment Partners and Aon plc (NYSE: AON).
The company intends to use the funds to drive its growth into the retail, hospitality, and travel markets while expanding into the EU with its global partners network.
Led by CEO Ned Hill, Position Imaging is a tracking technology company creating technical solutions for monitoring the physical location of goods and assets as they move throughout the logistics chain. Its Smart Package Room platform is a solution for multi-family residential, college campus, and commercial package management operations. its iPickup platform aims to innovate Click and Collect/eCommerce fulfillment operations for retailers, quick service restaurants, and throughout travel and hospitality industries.
FinSMEs
19/10/2023