SmartCone Technologies

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SmartCone Technologies Canadian company specializes in developing Internet of Things (IoT) based safety and monitoring solutions.

It mainly offers its services for securing dangerous worksites, controlling bicycle lane traffic, managing vehicle fleets, monitoring traffic incident scenes, crowd control, and site security surveillance, among others. Its devices range from wearables and torches, to constellation positioning systems.

In July 2022 SmartCone Technologies announced HeatGuardian, a spin-off company dedicated to providing applications and micro-climate weather stations to calculate localized heat exposure to aid individuals and workers in staying safe during periods of hot weather. This initiative was undertaken in partnership with the Human and Environmental Physiology Research Unit at the University of Ottawa.

Key customers and partnerships

The company mainly caters to customers in the mining, logistics, and energy industries. Some notable customers are Nokia, IBM, DHL, and Exelon.

In November 2021, the company partnered with the Centre for Integrated Transportation and Mobility (CITM) to build a database architecture and platform that would capture data from all Smart Mobility Networks, both 4G & 5G elements, Intelligent IoT Nodes, C-V2X device, IoT devices, and other sensors installed on the Smart Mobility Networks.

In January 2021, AutoGuardian by SmartCone became one of 37 firms in automotive company AISIN Group’s “open innovation initiatives.” This was in response to AutoGuardian’s successful proof of concept relating to vehicle-to-infrastructure (V2I) technology. AutoGuardian uses a SmartConeTM device, equipped with a camera, AI, radar, and onboard edge computing to offer non-line-of-sight alerts by using data such as vehicle speeds, vehicle and pedestrian count, and behavior estimations.

Funding and financials

In April 2019, Smartcone received CAD 187,500 in Debt Financing backed by FedDev Ontario.

HQ location:
139 Iber Rd Stittsville ON CAN
Founded year:
2015
Employees:
1-10
IPO status:
Private
Total funding:
USD 479.4 k
Last Funding:
USD 140.5 k (Debt Financing; Apr 2019)
Last valuation:
-
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