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Position Imaging Secures $30M Funding To Support Growth And Market Expansion

PRIVATEOct 22, 2023

Amount Raised

$30 Million

Round Type

Funding Round

PortsmouthInformation TechnologyTransportationHospitalityLogistics

Investors

Aon PlcGT Investment Partners

Description

Position Imaging, Inc, the developer of some of the most advanced location tracking technologies in the world, today announced that it has raised $30 million via intellectual property (IP)-based debt financing. The capital was provided by GT Investment Partners ("Ghost Tree Partners") and facilitated by insurance and valuation services provided by Aon plc (NYSE: AON), the financing will help drive Position Imaging’s growth into the retail, hospitality, and travel markets while expanding into the EU with its global partners network. Position Imaging’s Smart Package Room® and iPickup® platforms are poised to change how first and last mile ecommerce fulfillment operates, with self-service operations without inefficient, expensive alternatives like staff, lockers or robots.

Quick answer

Position Imaging raised $30 Million in a Funding Round round, dated October 22, 2023. Investors: Aon Plc and GT Investment Partners. Position Imaging is based in Portsmouth, New Hampshire, United States.

How much did Position Imaging raise?
Position Imaging raised $30 Million in a Funding Round round on October 22, 2023.
Who invested in Position Imaging?
Aon Plc and GT Investment Partners are named as investors in this round.
What does Position Imaging do?
Position Imaging is a tracking technology pioneer, creating some of the world’s most advanced technical solutions for monitoring the physical location of goods and assets as they move throughout the logistics chain.
Where is Position Imaging based and how big is it?
Position Imaging is based in Portsmouth, New Hampshire, United States. Fundz records about 55 employees.
Who are the decision-makers at Position Imaging?
Fundz holds 2 contacts at Position Imaging. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Hospitality around the same time

Companies in the same sectors as Position Imaging that raised within 45 days of this round, from Fundz verified event records.

  • Solvento raised $50M on December 6, 2023.
  • Wakeo raised $20M (Funding Round) on December 4, 2023.
  • ShipGlobal raised $2.5M (Seed) on November 30, 2023.
  • RunBuggy raised $12M on November 13, 2023.
  • Fillogic raised $13M (Series A) on November 8, 2023.
  • Pipedream raised $9.4M on October 24, 2023.

Who to call at Position Imaging, and when

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Company Information

Company

Position Imaging

Location

Portsmouth, New Hampshire, United States

About

Position Imaging is a tracking technology pioneer, creating some of the world’s most advanced technical solutions for monitoring the physical location of goods and assets as they move throughout the logistics chain. The company’s Smart Package Room platform is the most effective solution for multi-family residential, college campus, and commercial package management operations and its iPickup platform is poised to transform Click and Collect/eCommerce fulfillment operations for retailers, quick service restaurants, and throughout travel and hospitality industries.

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Related People

2 contacts
Verified contacts7 people are listed at Position Imaging. We don't have their email yet.See plans and pricing
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Position Imaging raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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