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Top 8 Internet of Things Unicorn Companies in 2022

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The number of successful companies in the Internet of Things industry and worth more than $1 billion is becoming increasingly hard to ignore.

Particularly when a lot of these companies were only founded within the last 5 years or so.

That’s why we decided to put together this list of 8 Internet of Things companies that have achieved the Unicorn status.

8 Internet of Things Unicorns Companies

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MoMo

MoMo

Momo is a free location-based services instant messaging application that enables smartphone users to chat with people nearby.

Details of the startup:

  • Valuation:

    $2.27

    B (

    December 2021

    )

  • Country:

    Vietnam

  • City:

    Ho Chi Minh City

  • Started in:

    2013

  • Founders:

    Lei Xiaoliang, Sic Zhang, Tang Yan

  • Industries:

    Agriculture, Content, E-Commerce, Energy, Internet of Things, Medical, Mobile Apps, Nursing and Residential Care, Security, SMS

  • Number of employees:

    500-1,000

  • Funding Amount:

    $433.70M

  • Number of funding rounds:

    9

  • Number of investors:

    11

here

G7 Networks

G7 Networks

G7 is a service provider in fleet management that strives to deliver efficient and convenient services with IoT/AI technology.

Details of the startup:

  • Valuation:

    $2.20

    B (

    February 2022

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2006

  • Founders:

    Wu Haibo, Zhai Xuehun

  • Industries:

    Fleet Management, Information Technology, Internet of Things, Logistics, Transportation

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $710.00M

  • Number of funding rounds:

    7

  • Number of investors:

    17

here

Preferred Networks

Preferred Networks

Preferred Networks specializes in building AI-led solutions that automate and optimize your business processes. They build real-world solutions that solve complex industry problems with cutting-edge technologies including deep learning, robotics and advanced analytics.

Details of the startup:

  • Valuation:

    $2.00

    B (

    May 2018

    )

  • Country:

    Japan

  • City:

    Tokyo

  • Started in:

    2014

  • Founders:

    Daisuke Okanohara, Morikawa Hiroyuki, Nishitoba Jiro, Toru Nishikawa

  • Industries:

    Artificial Intelligence, Biotechnology, Internet of Things, Machine Learning, Robotics, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $152.19M

  • Number of funding rounds:

    7

  • Number of investors:

    11

here

Verkada

Verkada

Verkada is the next generation security platform that integrates with your company’s existing technology to deliver real-time threat prevention and unified, cloud-based visibility into activity across all networks.

Details of the startup:

  • Valuation:

    $1.60

    B (

    January 2020

    )

  • Country:

    United States

  • City:

    San Mateo

  • Started in:

    2016

  • Founders:

    Benjamin Bercovitz, Filip Kaliszan, Hans Robertson, James Ren

  • Industries:

    Cloud Security, Cyber Security, Enterprise, Enterprise Software, Information Technology, Internet of Things, Network Security, Security, Smart Building, Software

  • Number of employees:

    500-1,000

  • Funding Amount:

    $139.64M

  • Number of funding rounds:

    5

  • Number of investors:

    11

here

InFarm

InFarm

Infarm builds and distributes efficient vertical farms throughout cities.

Details of the startup:

  • Valuation:

    $1.00

    B (

    December 2021

    )

  • Country:

    Germany

  • City:

    Berlin

  • Started in:

    2013

  • Founders:

    Erez Galonska, Guy Galonska, Osnat Michaeli

  • Industries:

    Agriculture, AgTech, Internet of Things, Machine Learning

  • Number of employees:

    250-500

  • Funding Amount:

    $601.59M

  • Number of funding rounds:

    10

  • Number of investors:

    22

here

Infobip

Infobip

Infobip is a simple and affordable platform for businesses to communicate with their customers in real time across multiple channels.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2020

    )

  • Country:

    Croatia

  • City:

    Vodnjan

  • Started in:

    2006

  • Founders:

    Izabel Jelenic, Roberto Kutic, Silvio Kutic

  • Industries:

    Enterprise Software, Internet of Things, Messaging, Mobile Apps, SaaS, Telecommunications

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $800.00M

  • Number of funding rounds:

    1

  • Number of investors:

    1

here

Newlink Group

Newlink Group

Newlink primarily operates as a digital energy service provider.

Details of the startup:

  • Valuation:

    $1.00

    B (

    July 2020

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2016

  • Founders:

    No Data

  • Industries:

    Energy, Energy Management, Internet of Things

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $391.00M

  • Number of funding rounds:

    9

  • Number of investors:

    8

here

Splashtop

Splashtop

Splashtop is a leading provider of remote-access software that lets you access the applications, data, and desktops of your business anywhere, anytime.

Details of the startup:

  • Valuation:

    $1.00

    B (

    January 2021

    )

  • Country:

    United States

  • City:

    San Jose

  • Started in:

    2006

  • Founders:

    Mark Lee, Philip Sheu, Robert Ha, Thomas Deng

  • Industries:

    Enterprise Software, Internet of Things, SaaS, Software

  • Number of employees:

    100-250

  • Funding Amount:

    $111.50M

  • Number of funding rounds:

    5

  • Number of investors:

    12

here
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