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Samsara Inc (N:IOT)

Business Focus: Software

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 1 De Haro Street
SAN FRANCISCO CA 94107
Tel: N/A
Website: https://www.samsara.com
IR: See website
Key People
Sanjit Biswas
Chairman of the Board, Chief Executive Officer, Co-Founder
John Bicket
Co-Founder, Executive Vice President, Chief Technology Officer, Director
Dominic Phillips
Chief Financial Officer, Executive Vice President
Adam Eltoukhy
Executive Vice President, Chief Legal Officer and Corporate Secretary
   
Business Overview
Samsara Inc. specializes in Connected Operations Cloud, which is a platform that enables organizations that depend on physical operations to use Internet of Things (IoT) data to develop actionable insights and improve their operations. The Company's Connected Operations Cloud includes its data platform, which ingests, aggregates, and enriches data from its IoT devices and a growing ecosystem of connected assets and third-party systems, and which has embedded capabilities for artificial intelligence (AI), workflows and analytics, alerts, application programming interface (API) connections, and data security and privacy; and applications for video-based safety, vehicle telematics, mobile apps and workflows, equipment monitoring, and site visibility. Its video-based safety application enables customers to build a safety program and protect their teams with AI-enabled video. It serves various sectors, including construction, transportation and warehousing, field services, and logistics.
Financial Overview
For the fiscal year ended 03 February 2024, Samsara Inc revenues increased 44% to $937.4M. Net loss increased 16% to $286.7M. Revenues reflect United States segment increase of 41% to $821.9M, Other segment increase of 63% to $115.5M. Higher net loss reflects Sales and marketing - Balancing value increase of 39% to $305.4M (expense), Research and development - Balancing va increase of 35% to $168.8M (expense).