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Provider of licensed and Software-as-a-Service (SaaS) usage rating, mediation and subscription billing solutions for the Internet of Things, telecommunications, unified communications and enterprise service providers. The company's carrier-grade solutions are built on its proprietary, real-time usage rating and subscription billing platform which is designed to be provider agnostic which enables it to grow with customers as they evolve their business operations and end user offerings.
Last updated
In 2024, LogiSense's revenue reached $7M. The company previously reported $4.8M in 2023. Since its launch in 1998, LogiSense has shown consistent revenue growth.
LogiSense is a bootstrapped Other IoT Software startup. Founded in 1998, LogiSense has grown to $7M in revenue without raising any venture capital or outside funding.
As a self-funded Other IoT Software SaaS company, LogiSense has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Adam Howatson joined LogiSense as President and Chief Executive Officer in January of 2019, where he also serves as a member of the Board and Board Secretary.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for LogiSense yet.
LogiSense employs approximately 72 people as of 2026, down from 77 in 2023, including 1 sales reps that carry a quota.
LogiSense generates an estimated $7M in annual revenue.
LogiSense was founded by Adam Howatson.
The CEO of LogiSense is Adam Howatson.
LogiSense is bootstrapped and has not raised outside funding.
LogiSense has 72 employees.
LogiSense is headquartered in Cambridge, Ontario, Canada.
LogiSense operates across multiple industries. Browse revenue, funding, and growth data for LogiSense in each sector below.
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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2024 Revenue
$7M(Est.)
Funding
$0
Team
72
Founded
1998
| Year | Milestone | Source |
|---|---|---|
| 2024 | LogiSense Hit $7m revenue in October 2024 | Estimated |
| 2023 | LogiSense Hit $4.8m revenue in October 2023 | Estimated |
| 2021 | LogiSense Hit $3.9m revenue in April 2021 | |
| 1998 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 72 employees (December 2024) | |
| 2024 | Reached 77 employees (October 2024) | |
| 2023 | Reached 77 employees (October 2023) | |
| 2022 | Reached 76 employees (October 2022) | |
| 2021 | Reached 76 employees (December 2021) | |
| 2021 | Reached 66 employees (April 2021) |
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