LAIIER (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
View Funding Page

Company Info
Company Description
LAIIER.IO makes wireless connected printed sensors which install like tape and detects leaks, occupancy and more. We're building a Surface to Cloud™ Industrial IoT solution that is uniquely easy to install and scale in the smart building and smart facility. Billions of dollars every year is needlessly spent on repairing damage to buildings and industrial infrastructure, that could be avoided with predictive maintenance technology. 20% of insurance companies in the US are now using connected solutions to mitigate loss. The number of self-insured facilities using IoT is increasing 50% year on year. But this robust growth is inevitably limited by current sensor technologies. LAIIER is creating a Surface to Cloud™ connection with unique retrofittable sensors that install like stickers and tape. Our unfair advantage is going places that other sensors can't. We cover more area, with more resolution, with easier installation at a lower-cost than our competitors. Every floor, wall and ceiling will become a smart LAIIER. Our customers are in commercial insurance and the industrial IoT space. Our model is Hardware as a service. We sell sensor units and access to our cloud services, where we provide seamless information about the condition of assets.

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