The startup offers an asset tracking platform that utilizes GPS and RFID technology for precise indoor and outdoor geolocation. This platform minimizes the time required for asset tracking and automates inventory management, providing clients with real-time asset data and reducing operational costs.
Funding
$2.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many organizations struggle with inefficient asset management due to the inability to accurately track equipment location in real-time, leading to wasted time searching for assets, increased operational costs, and potential loss of valuable resources. Traditional tracking methods often lack the precision needed for indoor environments and the robustness required for outdoor conditions.
Solution
inVirtus Technologies offers an end-to-end IoT solution for real-time asset tracking and management, providing precise geolocation for both indoor and outdoor environments. The platform combines versatile tracking devices with a centralized cloud-based software suite, enabling businesses to monitor equipment location, usage, and environmental conditions. By leveraging Bluetooth Low Energy (BLE), GPS, LoRa, and Smart GSM technologies, the solution ensures continuous visibility and control over assets, reducing search times, optimizing equipment utilization, and preventing loss or theft. The inVirtus Cloud platform allows users to visualize asset locations, configure alerts, manage maintenance schedules, and generate custom reports, streamlining operations and improving overall efficiency.
Target Audience
The primary target audience includes organizations in defense, aerospace, naval, transport, logistics, automotive, healthcare, construction, agriculture, and luxury goods industries seeking to optimize asset utilization, reduce operational costs, and improve supply chain visibility.
Features
- Hybrid indoor/outdoor tracking using GPS, BLE, LoRa, and Smart GSM technologies for seamless location monitoring
- Real-time location updates and historical tracking data accessible via the inVirtus Cloud platform
- Wireless, battery-powered BLE anchors with 5-year lifespan for creating geofenced zones within indoor environments
- Ruggedized GPS trackers with IP67-rated enclosures for outdoor use in harsh conditions
- Integrated sensors for monitoring temperature, shock, and movement, providing insights into asset utilization and condition
- Customizable alerts for zone entry/exit, low battery, shock detection, and other critical events
- Mobile app for field technicians to pair trackers with assets, report damage, and locate equipment
- API for integration with existing ERP, WMS, and other enterprise systems
- Data recovery system to capture and transmit location data from areas with limited network coverage
- Photovoltaic, battery-free tag options for sustainable, low-maintenance asset tracking