SpotLite360 IOT Solutions, Inc.
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ROIC.AI
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- SpotLite360 IOT Solutions, Inc. (SPLTF) provides software-as-a-service (SaaS)-based enterprise tracing, tracking, and collaboration solutions leveraging IoT, RFID, mobile, and sensor technologies for supply chain visibility, authenticity verification, and sustainability reporting; its core products include SpotLite360 Collect, a custom enterprise-wide IoT device infrastructure for real-time asset monitoring; SpotLite360 Control Tower, a central asset management platform integrating with ERP systems for tracking, ESG compliance, inventory management, and forecasting; SpotLite360 Verify for secure data sharing with partners and blockchain validation; SpotLite360 ESG for automated sustainability reporting aligned with standards like SASB and GRI; and SpotLite360 Connect, an API library enabling rapid integration with existing enterprise software, all built on the cloud-based Keychain platform. The company, founded in 2014 and headquartered in Vancouver, British Columbia, Canada, targets pharmaceuticals, healthcare, agriculture, and logistics sectors with operations in Canada and the United States, serving customers seeking resilient supply chains amid regulatory demands for ESG transparency and proof of origin. In recent developments, SpotLite360 reduced its liabilities from over $1 million to under $250,000 as of early 2024 while shifting its go-to-market strategy to partner-led outsourcing for shorter sales cycles and larger opportunities; it also cancelled 7.5 million prior stock options and granted 6.5 million new incentive options in February 2024, positioning for revenue growth through SaaS and IoT solutions. Earlier changes within the last two years include the August 2022 acquisition of Reti Capital Corp. and its digital media subsidiary Back to the Digital to enhance supply chain digital twin capabilities; a September 2022 private placement closing raising funds via 3.5 million units; and contract expansions with partners like KORcannabis and Verde Natural for IoT implementations in cannabis cultivation.
SpotLite360 IOT Solutions terminates agreement with E3 Service Group
SpotLite360 IOT Solutions closes offering of 5,000,000 units for gross proceeds of $500,000
SpotLite360 IOT Solutions announces offering of up to five million units for gross proceeds of up to $500,000
SpotLite360 IOT Solutions announces new contracts with expansion of office space in Oklahoma
SpotLite360 IOT Solution enters into agreement with Elevate and Bloom for its indoor cultivation facility
SpotLite360 IOT Solutions expands contract with KORcannabis
SpotLite360 IOT Solutions posts strong Q2 revenue growth
SpotLite360 IOT Solutions announces acquisition of Reti Capital including digital media company Back to the Digital
Spotlite360 IOT Solutions enters into agreement with Denver-based Eco Green Grow
Spotlite360 Iot Solutions sees strong sequential growth in 1Q revenue thanks to customer implementation and new business