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Senet

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A low cost, long distance sensor network, and high-value saas applications on a subscription

Hudson, United StatesFounded 2009Engineering and Manufacturing Equipment
Valuation $100–250M Last recorded · 2015
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Senet and the history behind them.

About Senet

Senet is a leading IoT connectivity provider based in Portsmouth, NH, specializing in cloud-based network connectivity platforms for the Internet of Things (IoT). The company operates the largest LoRaWAN network in North America, offering carrier-grade IoT connectivity and managed services to commercial and municipal networks globally. Senet's core offerings include Platform-as-a-Service (PaaS) and private network solutions, enabling enterprises and multi-location businesses to deploy and manage their own networks with high flexibility. The company serves a diverse range of clients, including enterprises, municipalities, and service providers, focusing on scalable and secure IoT solutions. Senet's business model revolves around providing managed network services and connectivity platforms, generating revenue through subscription-based services and network management fees. With a strong emphasis on innovation and an open partner ecosystem, Senet aims to drive economic, environmental, and social improvements through IoT technology.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2009
Headquarters
Hudson, United States
Employees
39
Open positions
None listed
Dealroom signal
58.6/100
Industry
Engineering and Manufacturing Equipment
Sector
Engineering and Manufacturing Equipment, Hard Tech, DT and LS, science-based
Technology
Deep Tech, IoT InternetOfThings
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Feb 2024 $0 — Netmore ↗
LATE VCEquity / VC Sep 2020 $16M $64M Undisclosed —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Senet website traffic

Latest recorded traffic for Senet is 80 monthly website visits, down 95.8% over the last three months. Senet's team grew 0% over the past year.

Latest monthly visits80 3-month web change-95.8% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Activate Venture Partners
  • Harbor Light Capital Partners
  • City Light Capital

Other known investors1 additional known investor

  • Netmore
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Hudson HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Senet on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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