Notion provides complete home awareness via a system of smart sensors that go far beyond expensive, limited, home security systems and complex do-it-yourself offerings. Notion's initial product is a small, multi-function sensor that provides eight powerful capabilities, including recognition of doors or windows opening, water leaks, temperature changes, smoke alarms going off and much more. A Notion home monitoring system can be up and running within five minutes or less and sends alerts to homeowners via a mobile app. The Notion system is available on both iOS and Android platforms.
Traditional home security systems cost on average
"For years, people have been able to receive discounts on their homeowners insurance by installing a security system. However, these systems typically come with high costs, long-term contracts, and minimal functionality resulting in only about 20 percent adoption in the US," said
Notion's promise has resonated strongly with homeowners looking for a cost effective and elegant solution to their security, surveillance, or detection needs. The company has demonstrated impressive momentum, having already sold over
"By bringing a super smart and simple IoT solution to homeowners, Notion can change both a homeowner's experience as well as transform the property insurance industry," says
Notion is headquartered in
Notion provides complete home awareness through a single multi-function sensor and mobile apps. Notion's system is a cost-effective security, water leak detection and home energy management system that empowers people to monitor what they want, when they want, all from their mobile phones. Notion's mission is to change the awareness homeowners have into their homes and neighborhood. For more information and to stay up to date, visit http://www.getnotion.com.
About XL Innovate:
XL Innovate is a venture capital fund focused on investing in companies that address the world's most complex risks with new technologies and products for the insurance industry. XL Innovate provides companies with equity capital, unparalleled experience in building new ventures in this specific space, and access to XL Catlin's global insurance expertise and underwriting. To learn more, visit www.xlinnovate.com.
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