Visionstate
Visionstate Corp. is a Canadian SaaS company providing compliance-intelligence and IoT-based facility management solutions (MIRA, WANDA, WandaLITE, TidyLogic AI) to healthcare, education, government, and commercial real estate customers across North America, with a primary catalyst in Ontario Bill 190 legislation.
- Company typePublic
- Founded2000
- HeadquartersEdmonton, Canada
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Visionstate does
Visionstate Corp. (TSXV: VIS) is an Edmonton-based public SaaS and IoT company that delivers compliance-intelligence and facility management solutions through its wholly-owned subsidiary Visionstate IoT Inc. The company's flagship offering is MIRA, a closed-loop compliance platform that connects detection (public reporting and staff alerts), evaluation (tracked inspections), execution (issued work orders), and validation (analytics and oversight) into a single audit-ready workflow. Supporting MIRA is a modular product suite including WandaLITE/CleanWatch (a streamlined cloud-only product for Ontario Bill 190 compliance at $960/location/year), MIRA Inspections (~$80/month/location add-on), WANDA (IoT touchscreen/mobile device platform), TidyLogic (AI-powered scheduling engine developed with AMII), Wanda Exteriors (snow/lawn care management), and ViCCi 2.0 (AI customer assistance).
The company's revenue model is primarily SaaS subscription licensing, with annual location-based fees billed each January generating cumulative recurring revenue, complemented by hardware sales, professional services, and a ~40% equity stake in Sol Spaces Inc. (modular greenhouses). Pricing is standardized at $960/location/year with ~72-79% gross margins on software, and management estimates ~400 active subscriptions are required for operating break-even. The customer base spans healthcare (hospitals, long-term care, ambulatory care), education (universities, school divisions), government/municipalities, commercial real estate (Class A office towers, shopping centres), logistics, and entertainment, with deployments across Canada, the U.S., Australia, and Europe.
Go-to-market combines direct enterprise sales (CEO John Putters and President Shannon Moore engage large accounts directly), channel partnerships (Bunzl, building service contractors, a global distribution partner that drove 35 new subscriptions in January 2026 alone), and product-led growth anchored to regulatory compliance urgency (Ontario Bill 190, effective January 1, 2026). Visionstate is positioning itself as a first-mover in digital compliance transformation of facility management, leveraging more than a decade of operational data and an AMII partnership (supported by $3M PrairiesCan funding) as it scales toward U.S. expansion via its Seattle office.
Visionstate firmographics
Firmographics- Name
- Visionstate
- Legal name
- Visionstate Inc.
- Website
- http://visionstate.com
- Company type
- Public
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Visionstate Corp. is a Canadian SaaS company providing compliance-intelligence and IoT-based facility management solutions (MIRA, WANDA, WandaLITE, TidyLogic AI) to healthcare, education, government, and commercial real estate customers across North America, with a primary catalyst in Ontario Bill 190 legislation.
- Ownership category
- akta.pro rank
Where Visionstate is headquartered
LocationHeadquarters
- HQ city
- Edmonton
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Visionstate business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- SaaS Subscription Licensing: Annual location-based subscriptions at $960 per location per year, with additional modules such as MIRA Inspections at ~$80/month per location. Recurring revenue model where each new deployment builds on existing base. Revenues are cumulative with annual license fees invoiced each January. Management estimates approximately 400 active subscriptions needed for operating break-even.
- IoT Device Sales (WANDA Units): Sale of WANDA hardware units including alert buttons and IoT-based devices that generate monthly residual license fees. One-time hardware revenue combined with ongoing per-device license fees.
- Implementation and Professional Services: Custom development work, system upgrades, and implementation services. Mentioned in the context of US pilot partnerships requiring custom development before broader rollout.
- Sol Spaces (40% Portfolio Company): Visionstate holds approximately 40% equity stake in Sol Spaces Inc. through convertible debenture. Sol Spaces generates revenue from greenhouse products, development services, hardware sales, greenhouse kits, installation services, and modular studio/backyard dwelling sales.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Core MIRA/WandaLITE subscription at $960/location/year |
| Per seat | Monthly | MIRA Inspections module at ~$80/location/month |
| Subscription | Annual | Annual subscription fee for WandaLITE at $960 |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels8 records
Visionstate product offering
Product offeringCore offering
Visionstate develops and sells the MIRA compliance-intelligence platform, a SaaS subscription product that enables organizations to digitally verify cleaning activities, conduct tracked inspections, issue work orders, and generate audit-ready analytics for facilities including hospitals, universities, municipalities, airports, and commercial real estate. Core subscriptions are priced at $960 per location per year, with add-on modules (MIRA Inspections at ~$80/month per location) and IoT hardware units (WANDA devices) sold alongside recurring per-device license fees. The company also generates revenue from implementation services, custom development, and a ~40% equity stake in Sol Spaces Inc. (modular greenhouses).
Product overview
Visionstate delivers a unified compliance-focused subscription platform under the MIRA brand, which integrates its legacy WANDA IoT facility management system with new AI-powered and inspection capabilities. The core platform is MIRA, a closed-loop compliance intelligence platform that connects detection (public reporting, staff alerts), evaluation (tracked inspections), execution (work orders), and validation (analytics and oversight). Supporting the platform are modular add-ons including MIRA Inspections (additional inspection module at ~$80/month per location), WandaLITE/CleanWatch (simplified Bill 190-compliant version at $960/year per building), TidyLogic (AI-powered scheduling and resource optimization), Wanda Exteriors (exterior maintenance management), and ViCCi (AI customer assistance). All products are delivered via a SaaS subscription model with recurring licensing fees.
Differentiator
Problem solved
Functional benefit
Brands
- MIRA: Compliance intelligence platform that connects real-time activity, inspections, and work execution for audit-ready verification. Includes MIRA Inspections module for compliance and auditing.
- WANDA
- WandaLITE
- ViCCi
- TidyLogic
- CleanWatch
Products and services
- MIRA MIRA is Visionstate's compliance-intelligence platform that enables organizations to digitally verify cleaning activities, conduct inspections, and generate audit-ready data in real time. It connects detection (public reporting and staff alerts), evaluation (tracked inspections), execution (issued work orders), and validation (analytics and oversight), supporting Bill 190 and similar regulatory requirements for healthcare, public venues, transportation hubs, and commercial buildings.
- WANDA WANDA is Visionstate's flagship IoT smart device platform for real-time tracking, logging, and analytics of facility cleaning, inspection, and supply status across hospitals, airports, shopping centres, and other high-traffic facilities. Features include the Alert function for real-time issue reporting, visitor counting sensors, QR code public interaction, digital scheduling, IoT alert buttons, and support for people counters and environmental sensors.
- WandaLITE (CleanWatch) WandaLITE is a streamlined, cloud-based version of the WANDA platform designed specifically for rapid deployment to meet Ontario Bill 190 and similar compliance requirements. It features no hardware dependency, QR-code-based check-ins, secure digital record-keeping, and an annual subscription fee of $960 per installation. Visionstate earns approximately 80% gross margin on WandaLITE software sales.
- MIRA Inspections MIRA Inspections is a mobile-first inspection and compliance auditing module that digitizes audit and compliance activities for facilities. It includes customizable checklists, QR code scanning, real-time reporting, analytics, and secure cloud-based data storage, and is priced at approximately $80 per month per location as an add-on subscription to the core MIRA platform.
- TidyLogic TidyLogic is an AI-powered planning and analytics engine that converts operational data into optimized cleaning/maintenance schedules, predictive resource planning, route optimization, and automated planning for facility operations. Developed in partnership with AMII, leveraging over a decade of WANDA operational data for AI model training.
- Wanda Exteriors Wanda Exteriors is a digital solution for exterior maintenance companies that enables digital management of snow removal and lawn care agreements, with field crews accessing specific property details and submitting photos/comments as proof-of-service documentation. Targeted at property managers and insurance claim protection scenarios.
- ViCCi ViCCi is an AI-powered customer assistance product designed for facility management, leveraging artificial intelligence to support customer interactions and service delivery as part of Visionstate's product portfolio.
Quantifiable outcome
- Revenue grew 27% year-over-year to $262,114 in Q2 2026
- +5 more outcomes
Companies that use Visionstate
Customer profileNamed customers16 records
Segments7 records
Ideal customer profiles4 records
Visionstate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature6 records
Visionstate partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered major, core and minor.
- U.S. Facilities Services Distributor (Healthcare Pilot)majorPilot agreement with U.S.-based facilities services distributor for deployments across multiple healthcare facilities including two large regional hospitals and one ambulatory care centre within a major metropolitan healthcare system. Early installations demonstrate importance of compliance verification in high-traffic healthcare environments.
- Alberta Machine Intelligence Institute (AMII)coreStrategic AI partnership with AMII, one of Canada's three national AI institutes and part of the Pan-Canadian Artificial Intelligence Strategy, contributing to development of TidyLogic platform for facility management. AMII provided specialized expertise, scientific guidance, and applied-AI resources directly contributing to commercial readiness of TidyLogic. Project supported by $3M PrairiesCan investment. AMII publicly profiled the collaboration in their own disclosures.
- U.S.-Based Facility Management Company (Pilot Partner)majorPilot project with U.S.-based facility management company recognized for innovation and sustainable practices. Initial phase includes three hospital locations with potential expansion to 15 facilities. Upon successful completion, parties will move toward broader rollout agreement. This partnership represents a major milestone in Visionstate's U.S. market expansion.
- Bunzl (Distribution Partner)majorVisionstate launched MIRA and WandaLITE at Bunzl National Sales Conference in Halifax, Nova Scotia. Bunzl is one of the largest distribution companies in North America. The conference provided platform to introduce new technology solutions to Bunzl's national sales team from across Canada, representing significant new revenue opportunities with streamlined deployment.
- Enoch Cree NationminorSol Spaces partnered with Enoch Cree Nation to develop a 1,200-square-foot cutting-edge greenhouse using SIP panel construction, smart IoT sensors, and heat pumps with planned solar power integration. Project addresses food sovereignty and sustainability in Indigenous and rural communities.
- Sol Spaces Inc.coreVisionstate holds approximately 40% equity stake in Sol Spaces Inc. through convertible debenture investment. Sol Spaces focuses on modular greenhouse and utility space solutions, including climate-resilient greenhouses with SIP panel construction, heat pumps, solar power integration, and modern backyard studios. Sol Spaces generates revenue through development services, hardware sales, greenhouse products, and installation services.
- Global Distribution PartnercoreVisionstate's primary distribution partner driving WandaLITE adoption. Hosted CleanWatch webinar for full customer list with legislation expert to help organizations navigate Bill 190 requirements. Single distribution partner responsible for significant subscription acquisition (35 new subscriptions in January 2026).
- University of AlbertaminorSol Spaces (40%-owned portfolio company) collaborated with University of Alberta on community greenhouse research greenhouse featuring advanced heat recapturing through concrete slab flooring. Collaboration advancing sustainable growing practices and energy-efficient greenhouse design.
Scale indicators10 records
Recent moves7 records
Expansion highlights4 records
Visionstate competitors and assessment
Company assessmentDirect peers
- Planon: Planon is a long-standing SaaS provider of integrated facility/building management software (work orders, inspections, cleaning verification, IoT connectors). It competes most directly with Visionstate's MIRA/WANDA compliance suite in the CAFM/IWMS category for large building portfolios.
- Eptura (iOFFICE): Eptura (which absorbed iOFFICE, Connectiv, Spacewell and others) sells workplace and facility experience software, including maintenance/inspection workflows and employee-facing reporting tools. Its scope of facility operations, integration with IoT sensors, and SaaS delivery overlap directly with MIRA.
- FM:Systems: FM:Systems is a SaaS/IWMS vendor focused on workspace, maintenance, and real-estate operations for large enterprises. Its focus on operational data, work-order management and IoT integration makes it a relevant comparable in the integrated facility platform space.
- Building Engines (JLL): Building Engines, now part of JLL, provides property/facility management SaaS for commercial real estate owners, with tenant-facing reporting and work order/inpsection tools. Its CRE focus and Class A office customer base overlap with Visionstate's largest U.S. PE real estate customer.
- ServiceChannel: ServiceChannel provides facility management and work-order software for multi-location enterprises including restaurants and retailers. Its mobile inspection/compliance workflows, audit-ready records and recurring SaaS model closely parallel MIRA Inspections.
- Accruent (LTX Solutions): Accruent delivers facility and asset management SaaS across healthcare, higher education and CRE, with compliance/inspection modules for multi-site operators. Its vertical SaaS approach to regulated, multi-site facility operations is highly comparable to Visionstate's healthcare and education focus.
Emerging players
- Tork (Essity): Tork Vision (Essity) is a sensor/data solution for washroom cleaning verification, overlapping with Visionstate's WANDA/WandaLITE in public-washroom hygiene compliance. It is a specialized competitor rather than a full CAFM suite, but the use case and buyer (facility cleaning) are essentially the same.
- AtSite (AkitaBox / FacilityOS): AkitaBox and similar compliance-centric facility inspection platforms target multi-site operators with digital inspection, deficiency tracking, and audit-ready documentation. They overlap meaningfully with MIRA Inspections in mid-market healthcare, education and government deployments.
Broad incumbents
- ServiceNow (Workplace / Field Service): ServiceNow's Workplace Service Delivery and Field Service Management products address facility operations, work orders, inspections and compliance workflows for large enterprises. It does not specialize in cleaning-transparency compliance but competes broadly for the same software budget.
- IBM TRIRIGA: IBM TRIRIGA is an established enterprise workplace/facility management suite covering real estate, maintenance and compliance reporting. Although much broader and enterprise-focused than Visionstate, it competes in the same IWMS/Facility Management software category.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Visionstate social profiles
Digital presenceVisionstate financial estimates
Financial estimateRevenue estimate
Valuation estimate
Visionstate leadership team
Management profileNumber of profiles
Profiles4 records
Visionstate subsidiaries and ownership
Company hierarchySubsidiaries3 records
Visionstate funding detail
Funding detailFunding overview
Funding rounds5 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Visionstate M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Visionstate
What does Visionstate do?
Visionstate develops and sells the MIRA compliance-intelligence platform, a SaaS subscription product that enables organizations to digitally verify cleaning activities, conduct tracked inspections, issue work orders, and generate audit-ready analytics for facilities including hospitals, universities, municipalities, airports, and commercial real estate. Core subscriptions are priced at $960 per location per year, with add-on modules (MIRA Inspections at ~$80/month per location) and IoT hardware units (WANDA devices) sold alongside recurring per-device license fees. The company also generates revenue from implementation services, custom development, and a ~40% equity stake in Sol Spaces Inc. (modular greenhouses).
Is Visionstate a public or private company?
Visionstate is a public company. It is classified as public and is currently operating.
When was Visionstate founded?
Visionstate was founded in 2000. It employs 1 to 10 people.
Where is Visionstate based?
Visionstate is headquartered in Edmonton, Canada, in the North America region.
How does Visionstate make money?
Four revenue lines are on record. SaaS Subscription Licensing is the primary driver. The others are ioT Device Sales (WANDA Units), implementation and Professional Services and sol Spaces (40% Portfolio Company).
Who are Visionstate's main competitors?
Direct peers on record are Planon, Eptura (iOFFICE), FM:Systems, Building Engines (JLL), ServiceChannel and Accruent (LTX Solutions). Emerging players are Tork (Essity) and AtSite (AkitaBox / FacilityOS). Broad incumbents are ServiceNow (Workplace / Field Service) and IBM TRIRIGA.
Does Visionstate have an API?
No public API is recorded for Visionstate.