Notion Secures $3,200,000 New Financing Round

  • Feed Type
  • Date
    6/3/2016
  • Company Name
    Notion
  • Mailing Address
    1530 Blake Street Denver, CO 80202 USA
  • Company Description
    Notion sensors are along for the ride when objects like doors and windows open. Easily keep a mindful eye on people coming and going, whether a garage door closes or not, if a safe or liquor cabinet is accessed and more!
  • Website
    http://www.getnotion.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,200,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Notaras noted that Notion already has 10,000 units in the market and will use the money to “prove that they can use insurance companies as a distribution channel and that they can add value to that channel in terms of reducing customer risk by getting into early risk detection systems on the side of the insurers.”
  • M&A Terms
  • Venture Investor
  • Venture Investor

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