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How Initial State Technologies CEO Jamie Bailey grew Initial State Technologies 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.

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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 by year$0$300K$600K$900K$1M$2M201220142016201820202021$0$1MSource: GetLatka.com
YearMilestone
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$1M$2M$3M$4M$5M2012201320142015201620172012 cumulative: $0 • 2012 Founded: $02014 cumulative: $1M • 2012 Founded: $0 • 2014 Funding round: $1M2015 cumulative: $2M • 2012 Founded: $0 • 2014 Funding round: $1M • 2015 Funding round: $1M2017 cumulative: $4M • 2012 Founded: $0 • 2014 Funding round: $1M • 2015 Funding round: $1M • 2017 Funding round: $2M$4M2012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2017Funding round$2M--
2015Funding round$1M--
2014Funding round$1M--

Initial State Technologies Employees & Team Size

Initial State Technologies employs approximately 14 people as of 2026.

Initial State Technologies has 14 total employees in different roles and functions and 11 sales reps that carry a quota.

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

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.

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Customers

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

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.

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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.

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 .

Initial State Technologies Revenue 2021: $1.2M ARR