Proptech company Sensor announces a $3 million investment to further develop its software-based solutions for smoke, water, and gas detection
Sensor, a software-based property compliance and safety company, has successfully secured a $3 million investment, with Maxine Horne, founder and former CEO of Vita Group Limited, leading the funding round.
The core of Sensor’s software platform lies in providing remote connectivity and detection alerts for smoke, water, and gas detectors in residential investment properties. This significant investment arrives as Sensor aims to push the boundaries in this sector.
In a recent statement, Sensor revealed its commitment to advancing IoT solutions for detectors in residential investment properties, marking a pivotal moment in its commercialization phase.
Andrew Cox, CEO of Sensor, warmly welcomed Maxine Horne as an investor, highlighting her strategic insight and operational expertise.
“Her invaluable knowledge will play a crucial role as we scale our operations and expand our IoT connectivity product suite, ultimately enhancing property compliance and safety worldwide.”
Andrew Cox, CEO of Sensor
The company and its future prospects were enthusiastically praised by Horne, lauding Sensor’s innovative approach to property safety and compliance. It was remarked by her that the exceptional leadership team and their innovative solutions not only benefit homeowners but also position Sensor to become one of Australia’s leading homegrown companies.
This funding milestone follows Sensor’s recent integration of MRI Property Tree, a property management software system, into its smoke alarm monitoring and compliance technology, signaling a significant step forward in Sensor’s growth trajectory.
