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Valuation

$1.9M

2021 Revenue

$631K

Customers

30K

Funding

$4.5M

Avg ACV

$21

Team

8

Founded

2014

How Fensens CEO Andy Karuza grew Fensens to $631K revenue and 30K customers in 2021.

Developer of a smart license plate frame designed to detect objects in blind spots. The company's smart license plate frame contains parking sensors integrated with a mobile application that automatically detects backing up of the vehicles as well as provides visual alerts, audio alerts and vibration feedback on getting closer to an object, enabling drivers to drive and park their vehicles safely.

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Fensens Revenue

In 2021, Fensens's revenue reached $631K. Since its launch in 2014, Fensens has shown consistent revenue growth.

Fensens Revenue GrowthReported revenue / ARR by year$0$150K$300K$450K$600K$750K20142015201620172018201920202021$0$631KSource: GetLatka.com
YearMilestone
2021Fensens Hit $631k revenue in April 2021
2014Launched with $0 revenue

Fensens Valuation, Funding Rounds

Fensens reached a $1.9M valuation in 2017, set during its Seed Round round.

Fensens has raised $4.5M in total funding across 2 rounds, most recently a $200K Seed Round round in 2019.

Fensens Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$2M$3M$4M$5M2014201520162017201820192014 cumulative: $0 • 2014 Founded: $02017 cumulative: $4M • 2014 Founded: $0 • 2017 Seed Round: $4M @ $3M valuation2019 cumulative: $5M • 2014 Founded: $0 • 2017 Seed Round: $4M @ $3M valuation • 2019 Seed Round: $200K$5M2014 Founded: $0 valuation2017 Seed Round: $3M valuation$3MSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Seed Round$200K--
2017Seed Round$4.3M$3M143%

Fensens Employees & Team Size

Fensens employs approximately 8 people as of 2026.

Fensens has 8 total employees in different roles and functions. They have 30K customers that rely on the company's solutions.

Fensens Team GrowthReported headcount over time0246810201420152016201720182019202020210088Source: GetLatka.com
YearMilestone
2021Reached 8 employees (April 2021)

Founder / CEO

Andy Karuza

Andy Karuza is listed as Founder / CEO at Fensens.

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Customers

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Frequently Asked Questions about Fensens

What is Fensens's revenue?

Fensens generates $631K in revenue.

Who founded Fensens?

Fensens was founded by Andy Karuza.

Who is the CEO of Fensens?

The CEO of Fensens is Andy Karuza.

How much funding does Fensens have?

Fensens raised $4.5M.

How many employees does Fensens have?

Fensens has 8 employees.

Where is Fensens headquarters?

Fensens is headquartered in United States.

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We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.

Compare Fensens to the industry

Fensens operates across multiple industries. Browse revenue, funding, and growth data for Fensens in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Fensens Revenue 2021: $631K ARR, $1.9M Valuation