Provider of GPS-based bracelets to monitor law offenders. The company has developed a monitoring system that consists of a bracelet with an embedded mechanical lock that enables legal and judicial institutions for monitoring purposes. It can be released only by a command sent remotely by an authorized person. The company operates in the Wearable Technology sector with additional focus on Wearable Technology and GovTech. Its business model centers on Offender Tracking. Founded in 2011, headquartered in Le Noirmont, Switzerland. The company has raised $4.1M at the Series A stage. Backed by investors including Venture Kick, W.A. de Vigier Stiftung, Swisscom Ventures, FIT, EuroUS Ventures and others.
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Geosatis
Series AProvider of GPS-based bracelets to monitor law offenders. The company has developed a monitoring system that consists of a bracelet with an embedded mechanical lock that enables legal and judicial institutions for monitoring purposes. It can be released only by a command sent remotely by an authorized person. The company operates in the Wearable Technology sector with additional focus on Wearable Technology and…
About
Business model
GovTech > Public Service Delivery > Public Safety Management > Offender Management > Offender Tracking,
Wearable Technology > Safety Devices > Electronic Monitoring
Institutional investors
Venture KickW.A. de Vigier StiftungSwisscom VenturesFITEuroUS VenturesPrivilege VenturesSwisscom
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