Fundraising Fox
Exosite
Minneapolis, US · Founded 2009 · 31 employees on LinkedIn
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Exosite provides an industrial IoT platform that enables organizations to connect physical assets, collect data at scale, and apply insights to optimize equipment, machines, products, and services. The company serves manufacturers, OEMs, energy companies, utilities, and commercial product companies worldwide.
Founders & leadership
DJ
Danny J. CunaginCo-Founder & ChairmanDanny Cunagin is Founder and Chairman of Exosite, a cloud-based industrial IoT platform company. He has a background in mechanical and biomedical engineering and has previously founded or co-founded multiple companies across biotechnology, diagnostics, and medical imaging, including Imbio and Tychon, and led Steady State Imaging through its sale to GE Healthcare.
HA
Hans A. RempelCo-Founder and ChairmanHans Rempel co-founded Exosite in 2009 and served as CEO until 2022, when he transitioned to Chairman. He previously held engineering and operations roles at Logic Product Development from 1999 to 2008, where he progressed from systems engineer to director of Asia operations.
MA
Michael AanensonDirector of Product ManagementMichael Aanenson is Executive Officer of Exosite, an industrial IoT platform that connects physical assets and enables organizations to collect and analyze data at scale. He has expertise in IoT systems, embedded product design, and technical team management.
Board
TD
Reported raises · per SEC filings
Form D private placements$425.4K disclosed across 2 rounds · 2012–2014
▶$375.4KraisedSep 2014 · 5 investors · Other TechnologyRule 506(b)
▶$375.4KraisedSep 2014 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Hans A. RempelExecutive Officer, Director
- Troy D. KopischkeDirector
- Danny J. CunaginExecutive Officer, Director
- Offering amount
- $2.5M
- Amount sold
- $375.4K
- Sales commissions
- $26.3K
- Placement agents
- Craig-Hallum Capital Group LLC
- First sale
- Sep 2014
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 06b
▶$50KraisedMar 2012 · 1 investors · Other TechnologyRule 506(b)
▶$50KraisedMar 2012 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Danny J. CunaginExecutive Officer, Director
- Troy D. KopischkeDirector
- Hans A. RempelExecutive Officer, Director
- Michael AanensonExecutive Officer
- Offering amount
- $2M
- Amount sold
- $50K
- Minimum investment
- $50K
- First sale
- Feb 2012
- Incorporated
- Limited Liability Company, Delaware, 2009
- Federal exemptions
- 06
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Exosite went on to found or lead other companies.
In the news
Frequently asked questions
- What does Exosite do?
- Exosite provides an industrial IoT platform that enables organizations to connect physical assets, collect data at scale, and apply insights to optimize equipment, machines, products, and services. The company serves manufacturers, OEMs, energy companies, utilities, and commercial product companies worldwide.
- How much funding has Exosite raised?
- Exosite has disclosed $425.4K raised across 2 rounds.
- Where is Exosite headquartered?
- Exosite is headquartered in Minneapolis, US.