LISNR, Inc.
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LISNR, Inc. - overview
Established
2012
Location
Cincinnati, OH, US
Primary Industry
Software
About
LISNR, Inc. is a technology company that specializes in ultrasonic communication, enabling secure and real-time data transfer through sound. Its innovative solutions enhance customer engagement across various industries. LISNR, Inc.
was founded in 2012 and is headquartered in Cincinnati, US. The company provides ultrasonic technology that transforms sound into a communication medium. Founders include Chris Ostoich, Josh Glick, and Rodney Williams, while Eric Allen serves as CEO. The company has completed a total of 9 deals, with the latest funding round being Series C, where it raised USD 20.
75 mn from Visa Inc. in March 2022. The total amount raised by LISNR to date stands at USD 20. 75 mn, with a current valuation of USD 60.
125 mn. LISNR® specializes in ultrasonic technology that facilitates secure, real-time data transmission over sound. The core offering, Radius® Ultrasonic SDK, empowers businesses to create proximity-driven interactions and enhance customer experiences, supporting various applications such as seamless payments and instant rewards. This technology is scalable and caters to industries like retail and finance, with clients ranging from Fortune 100 companies to innovative startups.
LISNR® generates revenue mainly through subscriptions and partnerships with clients using its Radius® Ultrasonic SDK. The company establishes B2B relationships that allow organizations to integrate the SDK into their platforms, offering customizable solutions for flexible transaction fee arrangements. While specific pricing details are not publicly available, the tailored offerings meet diverse industry needs, contributing to customer engagement and process efficiency. LISNR plans to utilize upcoming funding to support the development of new products and expand into additional markets.
The company is focusing on enhancing its Radius® Ultrasonic SDK functionalities and exploring opportunities in North America, Europe, and Asia. The recent venture funding will assist in accelerating these growth initiatives.
Current Investors
Mercury, Jump Capital, Danmar Capital
Primary Industry
Software
Sub Industries
Application Integration Software
Website
www.lisnr.com
Verticals
AdTech, IoT (Internet of Things), Mobile Apps
Company Stage
Series C
Total Amount Raised
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