Fundraising Fox

Red Point Positioning

Cambridge, US · Founded 2014 · Delaware corporation · 1 known investors

Redpoint Positioning provides real-time location system (RTLS) technology delivering location services for industrial and mission-critical operations in harsh environments such as warehouses, chemical plants, and tunnels. Its system offers millisecond-level accuracy across spaces ranging from single rooms to large multi-building campuses, aimed at improving safety, defect reduction, and productivity.

Founders & leadership

Red Point Positioning was founded in 2014 by Antti Korhonen and Chunjie Duan.

AK
Antti KorhonenCo-founder
CD
Chunjie DuanCo-founder
JH
Jonathan HorneExecutive

Board

JZ
Jun ZhangBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$2.4M disclosed across 1 round · 2016

$2.4MraisedOct 2016 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Antti KorhonenExecutive Officer, Director, Promoter
  • Chunjie DuanExecutive Officer, Director
  • Jonathan HorneExecutive Officer, Promoter
  • Jun ZhangDirector
Offering amount
$5.5M
Amount sold
$2.4M
Minimum investment
$500K
First sale
Sep 2016
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 5

by search overlap

Companies competing with Red Point Positioning for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Red Point Positioning do?
Redpoint Positioning provides real-time location system (RTLS) technology delivering location services for industrial and mission-critical operations in harsh environments such as warehouses, chemical plants, and tunnels. Its system offers millisecond-level accuracy across spaces ranging from single rooms to large multi-building campuses, aimed at improving safety, defect reduction, and productivity.
Who founded Red Point Positioning?
Red Point Positioning was founded by Antti Korhonen, Chunjie Duan in 2014.
Who are Red Point Positioning's investors?
Red Point Positioning's investors include Stanley Ventures.
How much funding has Red Point Positioning raised?
Red Point Positioning has disclosed $2.4M raised across 1 round.
Where is Red Point Positioning headquartered?
Red Point Positioning is headquartered in Cambridge, US.