MonoLets provides a real-time asset tracking solution using self-organizing Bluetooth shipping labels that create a reliable mesh network for continuous location and condition monitoring of items globally. This technology enables businesses to achieve 100% inventory accuracy and visibility across their supply chains, significantly reducing costs compared to traditional RFID systems.
Funding
$6M 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 businesses lack real-time visibility into their supply chains, leading to inaccurate inventory data and increased operational costs. Existing tracking solutions, such as RFID, can be expensive to implement and maintain, hindering widespread adoption.
Solution
MonoLets offers a real-time asset tracking solution using self-organizing Bluetooth shipping labels that form a mesh network. This system provides continuous location and condition monitoring of items both within buildings and during transit, globally. The Bluetooth mesh network ensures reliable connectivity and enables businesses to achieve near-perfect inventory accuracy. Data is accessible through a real-time dashboard and industry-standard APIs, providing end-to-end visibility from the first mile to the last.
Target Audience
MonoLets primarily targets businesses in logistics, pharmaceuticals, retail, and industrial/automotive sectors that require real-time asset tracking and supply chain visibility.
Features
- Printable, "always-on" Bluetooth shipping labels for item-level tracking
- Patented wireless mesh network technology for reliable connectivity and scalability
- Real-time location and condition data (e.g., temperature, humidity)
- Global tracking capabilities across land, air, and sea
- Real-time dashboard for inventory visibility in-warehouse and in-transit
- Data accessible through industry-standard APIs for integration with existing systems
- Low total cost of ownership compared to traditional RFID solutions