Invoxia
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Invoxia - overview
Location
Issy-les-Moulineaux, -, France
Primary Industry
Telecoms
About
Invoxia develops advanced GPS tracking solutions to safeguard assets such as vehicles and pets. Their innovative technology enables real-time monitoring and alerts, catering to consumers and businesses alike. Invoxia specializes in GPS tracking solutions aimed at protecting various assets. The company is headquartered in Issy-les-Moulineaux, France.
Founded by Amélie Caudron and Clement Moreau, Invoxia has gone through a venture funding round on 21 July 2015, raising EUR 325,003. 50 with Amazon as an investor. The total amount raised by the company amounts to EUR 325. 00 mn, with a current valuation of EUR 5.
88 mn. Invoxia specializes in advanced GPS tracking solutions designed to protect a variety of assets, including vehicles, pets, and valuables. Their primary offerings include the GPS Tracker Classic, GPS Tracker Pro, Mini Tracker, Bike Tracker, and the Minitailz Biotracker GPS, each tailored for specific applications such as vehicle theft prevention, pet health monitoring, and asset tracking. The trackers provide real-time location data and alert users to suspicious activity, enabling proactive measures against theft or loss.
These products cater to a diverse customer base, including individual consumers, pet owners, and businesses across various sectors, with significant penetration in markets such as Europe and North America. The technology features a user-friendly mobile application interface that seamlessly integrates tracking capabilities with alert notifications, ensuring effective asset monitoring from anywhere. Invoxia generates revenue through direct sales of its GPS tracking devices, as well as potential subscription services for enhanced features or ongoing support. Customers typically engage in transactions through direct-to-consumer channels, with products sold online and possibly through retail partnerships.
The revenue model emphasizes one-time purchases for the hardware along with ongoing subscriptions for additional services, offering options for advanced monitoring capabilities or extended warranties. Invoxia plans to leverage the recent funding of EUR 325,003. 50 received in July 2015 from Amazon to develop new products, enhance existing offerings, and potentially expand into new geographic markets. Specific upcoming products are currently in development, which are aimed at further enriching their product line.
The company is also exploring opportunities for expansion in North America and Europe, targeting a broader consumer base by 2023.
Current Investors
Newfund, Amazon
Primary Industry
Telecoms
Sub Industries
Telecoms Equipment
Website
www.invoxia.com
Company Stage
Early Stage
Total Amount Raised
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