Sensio AS

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Sensio AS - overview

Established

2009

Location

Oslo, -, Norway

Primary Industry

Software

About

Based in Norway, Sensio AS develops automation technology focused on enhancing safety and efficiency in healthcare settings, particularly through innovative products like the RoomMate sensor. Sensio AS, founded in 2009 in Oslo, Norway, specializes in healthcare automation solutions aimed at improving care practices. The company has engaged in three investment rounds, securing NOK 200. 000 mn in a BUYOUT round on July 12, 2024, led by Longship and Watrium, totaling NOK 200.


000 mn raised to date. The current CEO team includes Angelo Iacubino, Johan Anstensrud, Torbjørn Aamodt, and William Holm. Sensio is a provider of healthcare technology, with its flagship product, the RoomMate sensor, designed to prevent falls in care settings, particularly for dementia patients. The sensor employs advanced algorithms to significantly reduce fall incidents, evidenced by an 83% reduction in falls at Richmond Manor.


Sensio also offers the Sensio Insight platform that aggregates sensor data for decision support, alongside a digital nurse call system, catering to care homes and municipalities across the UK, Norway, and Nordic countries. Sensio generates revenue through partnerships and direct sales, utilizing subscription and licensing models for its technology offerings. Clients include care homes and municipalities, who benefit from products like the RoomMate sensor and Sensio Insight platform, supported by long-term agreements for ongoing training and support. Recent strategic partnerships, such as with Lovett Care, have bolstered Sensio's market presence.


In July 2024, Nordic Capital agreed to acquire a majority stake in Sensio AS, enabling the company to accelerate growth and expand both in Nordic and international markets. Future plans include the development of new products and entering additional geographic regions, although specific details on upcoming releases have not been disclosed.


Current Investors

Longship, Watrium

Primary Industry

Software

Sub Industries

Healthcare IT, Systems Management Software

Website

www.sensio.io/

Verticals

Cloud Computing, HealthTech, IoT (Internet of Things)

Company Stage

Mature - Buyout

Total Amount Raised

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Sensio AS - timeline of key events

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Sensio AS - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)-------
% Revenue Growth (YoY)-------
EBITDA (USD)(23,625)(18,927)(41,754)(91,844)---
Operating Income (USD)(23,625)(18,927)(41,754)(91,844)---
Operating Margin-------
% EBITDA Margin-------
NET Income (USD)(23,618)(18,826)(41,393)(91,844)---
% Net Margin-------

Sensio AS - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onAnnouncedIseco Servicios Tecnológico SL-
Secondary BuyoutCompletedSensio AS-
BuyoutCompletedSensio AS-
Add-onCompletedVestfold Audio AS-
BuyoutCompletedSensio AS-

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Sensio AS - employee data

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Sensio AS - key contacts

NamePositionStart DateEnd DateVcardBio 
CFO and board memberBM

BM Board Member

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