Worldsensing
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Worldsensing - overview
Established
2008
Location
Barcelona, -, Spain
Primary Industry
Software
About
Worldsensing develops advanced wireless geotechnical and structural monitoring solutions, enhancing operational safety and efficiency across critical infrastructure sectors. Founded in 2008 in Barcelona, Spain, Worldsensing specializes in providing wireless monitoring solutions. The company has undergone strategic funding rounds, with the most recent being a Series B raising EUR 8. 3 mn in July 2017 led by ETF Partners and McRock Capital, with Cisco Investments returning.
Robert Sessa is the founder, while Ignasi Vilajosana serves as the CEO. Worldsensing specializes in wireless geotechnical and structural monitoring solutions designed to enhance safety and efficiency in civil infrastructure. The company’s core product offerings include Edge Devices, enabling long-range, low-power wireless data transmission from various sensors. These devices can be configured in Single-net for standalone control or Multi-net for comprehensive visibility.
Their solutions are widely used in mining, construction, transportation, and environmental monitoring, with clients in over 130 mines and more than 200 major construction sites across 70 countries, focusing on asset-heavy industries requiring reliable monitoring and data management. In 2023, Worldsensing reported revenues of EUR 18,975,924. 70, with an EBITDA of EUR -138,363,604. 10, indicating the financial challenges faced during the year.
Worldsensing plans to utilize the EUR 8. 3 mn raised in Series B funding to enhance its product offerings and expand market reach. The company is focusing on developing new products and technologies while targeting expansion into emerging markets in Asia and South America by 2025. The funding will support these initiatives, positioning Worldsensing for growth in the global infrastructure monitoring sector.
Current Investors
ETF Partners, McRock Capital, Cisco Investments
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.worldsensing.com
Verticals
IoT (Internet of Things)
Company Stage
Series B
Total Amount Raised
Subscriber access only
Worldsensing - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,213,823.9 | 4,490,248.2 | 5,072,497 | 7,744,646.6 | 905,526,720 | 7,043,611 | 11,469,596 | - | - | - |
| % Revenue Growth (YoY) | - | 102.8% | 13.0% | 52.7% | 11592.3% | (99.2%) | 62.8% | - | - | - |
| EBITDA (USD) | (555,455.8) | (214,531.8) | (1,342,394.3) | (1,674,081.5) | (191,010,396) | (630,562) | 171,450 | - | - | - |
| Operating Income (USD) | (1,057,870.1) | (964,210.6) | (2,284,501.3) | (2,902,689) | (335,427,271) | (1,671,475.7) | (1,296,668) | - | - | - |
| Operating Margin | (47.8%) | (21.5%) | (45.0%) | (37.5%) | (37.0%) | (23.7%) | (11.3%) | - | - | - |
| % EBITDA Margin | (25.1%) | (4.8%) | (26.5%) | (21.6%) | (21.1%) | (9.0%) | 1.5% | - | - | - |
| NET Income (USD) | (763,623.7) | (740,978.6) | (1,566,639.6) | (2,171,275.7) | (368,872,367) | (5,342,614.6) | (2,278,956) | - | - | - |
| % Net Margin | (34.5%) | (16.5%) | (30.9%) | (28.0%) | (40.7%) | (75.9%) | (19.9%) | - | - | - |
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