Kontakt.io

Company Overview

Kontakt.io is a technology company that provides indoor journey analytics solutions using cloud, AI, and IoT (RTLS) technology. The company was founded in 2013 and is headquartered in New York, with additional offices in Krakow, Poland and Bangalore, India.

Kontakt.io’s platform is designed to help businesses optimize processes and resources by revealing how customers and staff move through indoor spaces. Their solutions are primarily focused on healthcare and workspace environments.

Products Overview

Kontakt.io offers a full ecosystem of products including:

• IoT devices and tags: Wearable BLE badges, asset tracking tags, sensors, beacons
• Bluetooth LE gateways and access points
• Cloud-based IoT device management platform
• ML-powered location and occupancy services
• AI-enabled data lake for analytics
• Indoor journey analytics applications
• Mobile experience APIs

Key product lines include:

• For People: Smart Badge, Nano Tag IR, Nano Tag
• For Assets: Asset Tag 2, Asset Tag 2 Mini, Sticker Tag
• For Walls & Ceilings: Portal Beam, Beam Mini, Anchor Beacon 2
• For Networks: Portal Light 2, Portal Light 2 IR
• Software: IoT Device Management, Location & Occupancy Services, Data Lakehouse, Indoor Journey Analytics

Founding Team

While specific founding team information is not provided in the source material, the company was founded in 2013.

Problem and Market Fit

Kontakt.io aims to solve inefficiencies in how resources and processes are managed in indoor environments, particularly in healthcare and workspaces. Their solutions help uncover waste, streamline capacity, and improve experiences for customers and staff.

For healthcare, their platform can optimize care resources, processes and quality by uncovering care bottlenecks, preventing workplace violence, and improving patient experience. In workspaces, it helps advance productivity and employee experience by making offices safer, more efficient, and inspiring.

Business Model

Kontakt.io operates on a SaaS and hardware model, providing both physical IoT devices and cloud-based software solutions. They offer a simplified pricing model with a single, per-bed or per-room pricing that includes all necessary products and services.

Funding and Runway

In April 2024, Kontakt.io raised $47.5 million in Series C funding from Goldman Sachs. This funding is intended to fuel AI development and expansion into US hospitals.

Competitive Landscape

While specific competitors are not mentioned, Kontakt.io positions itself as unique in its ability to provide a comprehensive platform that combines hardware and software solutions for indoor analytics. They emphasize their ease of deployment, fast time to value, and scalability as key differentiators.

Customers

Kontakt.io serves customers across various industries, with a particular focus on healthcare and workspaces. Some notable customers mentioned include:

Healthcare: HCA Healthcare, NHS, VA, Pfizer, Trinity Health, Emerson Hospital, Genesis Healthcare, Holyoke Medical Center, Nationwide Children’s Hospital

Other industries: IBM, Cisco, FPL, PostNL, JFK Airport, Lloyds Bank, Merck

Relevant News

• July 10, 2024: Kontakt.io launched a Patient Flow Solution featuring the world’s smallest wearable tag with room-level accuracy.
• May 14, 2024: Kontakt.io won the 2024 Frost & Sullivan Company of the Year Award.
• May 8, 2024: Healthcare security leader Mike Cummings joined Kontakt.io as Chief Security Advisor.
• April 16, 2024: Kontakt.io raised $47.5 million in Series C funding from Goldman Sachs.

The company is actively expanding, particularly in the US healthcare market, and continues to develop its AI and analytics capabilities.