Monthly Investor Update [February]
Hello from Sapient! February was a busy month, and we're excited to share it all with you.
- Over 1000% raised on Republic in 11 days since official publication
- Strategic Investors
- LoRaWAN Integration
1000% Raised ($250,000 and growing) on Republic — Only 11 days since Republic officially unveiled our campaign and we are already at over 1000% of our fundraising goal. We still have two months to go! Visit republic.co/sapient to see our progress.
Strategic Institutional Investors — We have also closed an investment with Engage Ventures and Tech Square Ventures, who will be important strategic institutional partners, and accepted several investments from strategic angel investors over the past month.
LoRaWAN Integration — LoRaWAN stands for Long Range Wide Area Network, and is a rapidly-growing standard in IoT technologies due to its convenience and ability to drastically reduce hardware costs when deploying within buildings. The standard practice for LoRaWAN integration to an existing product is making time-consuming and expensive modifications to the hardware to support a LoRaWAN chip. Given that Sapient is hardware-agnostic and does not make its own hardware, integrating LoRaWAN would require building hardware from scratch—a price tag of up to $1m. We're happy to announce that over the next several months, we will be building flexible solution to convert any off-the-shelf WiFi smart outlet, to a LoRaWAN-compatible outlet. This will drive down our hardware and overall deployment costs dramatically.
Ways you can help
We're hiring as quickly as possible. Please share with anyone you think might be a fit. Our online application can be found here on the website: https://www.sapient.industries/careers/
- Senior software engineering generalist
- Machine learning software engineering specialist
- Operations manager
- Customer account success manager
Sam & Martin