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Initial State Technologies

Nashville, Tennessee, United States

Valuation

$3.7M

2021 Revenue

$1.2M

Funding

$4M

Team

14

Founded

2012

How Initial State Technologies CEO Jamie Bailey grew to $1.2M revenue with a 14 person team in 2021.

Developer of an online data platform for the Internet of Things devices designed to connect sensors to the Internet and analyze their data sets. The company's platform connects sensors to the Internet and sends data from those sensors to a cloud where that data can be accessed anytime enabling users to instantly turn that data into interactive real-time dashboards, charts, statistics, notifications and webhooks for analysis.

Last updated

Initial State Technologies Revenue

In 2021, Initial State Technologies's revenue reached $1.2M. Since its launch in 2012, Initial State Technologies has shown consistent revenue growth.

Initial State Technologies Revenue GrowthReported revenue / ARR over time$0$300K$600K$900K$1M$2M201220142016201820202021$0$1MSource: GetLatka.com
YearMilestoneQuote
2021Initial State Technologies Hit $1.2m revenue in April 2021
2012Launched with $0 revenue

Initial State Technologies Valuation, Funding Rounds

Initial State Technologies's most recent disclosed valuation is $3.7M.

Initial State Technologies has raised $4M in total funding across 3 rounds, with its most recent round in 2017.

Initial State Technologies Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$1M$0.4$2M$0.6$3M$0.8$4M$1$5M201220132014201520162017Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2017Funding round$2M--
2015Funding round$1M--
2014Funding round$1M--

Founder / CEO

Jamie Bailey

He do fun stuff for a living. His work has been featured in magazines such as Popular Science, MAKE:, MagPi, Embedded Computing Design, and Micro Mart as well as tech media websites such as LifeHacker, Hackaday, Network World, Electronics Weekly, and ZDNet.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Initial State Technologies yet.

Initial State Technologies Employees & Team Size

Initial State Technologies employs approximately 14 people as of 2026, including 11 sales reps that carry a quota.

Initial State Technologies Team GrowthReported headcount over time03691215201220142016201820202021001414Source: GetLatka.com
YearMilestone
2021Reached 14 employees (April 2021)

Frequently Asked Questions about Initial State Technologies

What is Initial State Technologies's revenue?

Initial State Technologies generates $1.2M in revenue.

Who founded Initial State Technologies?

Initial State Technologies was founded by Jamie Bailey.

Who is the CEO of Initial State Technologies?

The CEO of Initial State Technologies is Jamie Bailey.

How much funding does Initial State Technologies have?

Initial State Technologies raised $4M.

How many employees does Initial State Technologies have?

Initial State Technologies has 14 employees.

Where is Initial State Technologies headquarters?

Initial State Technologies is headquartered in Nashville, Tennessee, United States.

Compare Initial State Technologies to the industry

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

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Initial State Technologies Revenue 2021: $1.2M ARR