Conserv, a Birmingham, AL-based art and culture startup, raised $3M in Series A funding.
The round was led by Benson Capital Partners. Additional institutional investors from this and previous rounds include Bonaventure Capital, Timberline Holdings, and Jemison Investment Company along with some angel investors from around the United States.
The company intends to use the funds to expand its operations in the United States and Europe.
Founded in 2018 in Birmingham, AL by Austin Senseman (CEO) and Nathan McMinn (CTO), Conserv provides an environmental monitoring platform that combines traditional environmental data from wireless sensors and pest management data to give preservation professionals an overview of risks facing their collections and to preserve shared cultural heritage in museums, libraries, archives, and historic properties. LoRaWAN-based sensors allow for wireless setup and maintenance in complex environments.
Conserv has grown to over 300 customers in the last 18 months. Smithsonian Libraries and Archives, Massachusetts State Libraries, Museum of Modern Art, and the Birmingham Civil Rights Institute are among the collections using the platform to increase the effectiveness of their environmental monitoring efforts.
In preparation to close the round in May, Conserv has built a team of experts. Yadin Larochette, formerly Museum and Conservation Liaison at Tru Vue, joined as President; Dave Masom, formerly VP Product at Pack Health, joined as Chief Product Officer. The team has grown to eleven employees, with four full-time conservators on staff.
FinSMEs
11/05/2022