How much funding has Adero raised?

Adero has raised $50.0M in total funding, most recently a Series B round.

Who are Adero's investors?

Adero's investors include Revolution Growth.

Where is Adero headquartered?

Adero is headquartered in Santa Barbara, California.

Adero

Acquired

Santa Barbara · Founded 2009 · $50.0M raised

Deep Tech

Headquarters: Santa Barbara, California
Founded: 2009
Business Model: B2C
Website: adero.com

Total Funding: $50.0M
Last Round: $50.0M Series BAug 2017
Rounds: 1

About

Adero (formerly TrackR) was an intelligent organization system that combined Bluetooth-enabled smart tags and taglets to help users track and manage groups of everyday items such as bags, keys, and gear through a connected mobile app. The system provided proactive notifications to alert users before items were left behind rather than only helping locate lost items after the fact. Originally founded as TrackR in 2009 and named one of Fast Company's Most Innovative Companies of 2019 following its 2018 rebrand, Adero has since ceased operations.

Summary

Adero is a Deep Tech company based in Santa Barbara, founded in 2009. It has raised $50.0M in total across 1 round, most recently a $50.0M Series B round in Aug 2017. Investors include Revolution Growth.