Danavation: Funding, Investors & Team (Sep 2026)
Danavation Technologies Corp. is a Canadian-based, Internet of Things (IoT) technology company, providing micro e-paper displays to organizations across North America. The Company's Digital Smart Labels™, powered by IoT automation technology and software Platform-as-a-Service (PaaS), enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labour costs and low productivity associated with traditional labour-intensive workflows. By empowering the adoption of smart retail, smart cities and industry 4.0, our goal is to create a sustainable and profitable business for shareholders while advancing sound environmental, social and governance practices, including by significantly reducing paper usage. Danavation has introduced its solution to retailers across North America, including big box and boutique grocers, while also targeting new markets including healthcare providers, manufacturing, and logistics companies.
Danavation has raised $3.9M across 1 funding round on record, the most recent a Post-IPO Debt of $3.9M announced in Aug 2021.
That round is below the $5.6M median round size for Internet Services companies tracked on FundedIQ over the last two years.
Danavation Company Profile and Key Stats
Latest funding round on record: Aug 2021.
Danavation Funding Rounds
Danavation Founders and Leadership Team
Contact details for the Danavation team: 1 of 1 has an email address on file.
Start 14-day free trial →Danavation Funding Compared to Other Internet Services Startups
Danavation's latest round of $3.9M is below the median round in Internet Services. Medians cover the last 24 months of disclosed rounds.
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Danavation Funding FAQs
What does Danavation do?
Danavation Technologies Corp. is a Canadian-based, Internet of Things (IoT) technology company, providing micro e-paper displays to organizations across North America. The Company's Digital Smart Labels™, powered by IoT automation technology and software Platform-as-a-Service (PaaS), enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labour costs and low productivity associated with traditional labour-intensive workflows. By empowering the adoption of smart retail, smart cities and industry 4.0, our goal is to create a sustainable and profitable business for shareholders while advancing sound environmental, social and governance practices, including by significantly reducing paper usage. Danavation has introduced its solution to retailers across North America, including big box and boutique grocers, while also targeting new markets including healthcare providers, manufacturing, and logistics companies.
How much funding has Danavation raised?
Danavation has raised $3.9M across 1 round on record. The most recent is a Post-IPO Debt of $3.9M announced in Aug 2021.
When did Danavation last raise funding?
Danavation's most recent funding round on record is a Post-IPO Debt of $3.9M, announced in Aug 2021.
Who is the CEO of Danavation?
John Ricci is listed as CEO at Danavation.
Where is Danavation headquartered?
Danavation is based in Woodbridge, Ontario, Canada.
How many employees does Danavation have?
Danavation is in the 11-50 employee band.
How does Danavation's funding compare to other Internet Services startups?
Danavation's latest round of $3.9M is below the $5.6M median round size for Internet Services companies on FundedIQ across 647 tracked companies over the last two years.
About FundedIQ's Danavation Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Danavation is left off this page rather than filled in.
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