Internet of Things Unicorns

8 Internet of Things Companies that went to Become Unicorns

Here’s a full list of unicorn companies in the internet of things industry that have made it to the US$1B valuation.

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Internet of Things (IoT) has been one of the most talked-about technologies for the last decade.

IoT has been the darling technology behind many entrepreneurs who wanted to build large tech startups and achieve unicorn status.

And it is not surprising, given that it can be used to build so many ventures.

At the moment, 8 IoT startups have achieved unicorn status.

8 Internet of Things Companies that Became Unicorns

Armis Security

Armis Security

Armis Security’s IoT security solution provides enterprises with a real-time view of the status of any device or network and empowers them to take action, fix problems, control access, and prevent attacks.

Details of the startup:

  • Valuation:

    $2

    B (

    February 2021

    )

  • Country:

    United States

  • City:

    Palo Alto

  • Started in:

    2015

  • Founders:

    Nadir Izrael, Tomer Schwartz, Yevgeny Dibrov

  • Industries:

    Cyber Security, Information Technology, Internet of Things, Network Security

  • Number of employees:

    250-500

  • Funding Amount:

    $237,000,000

  • Number of funding rounds:

    5

  • Number of investors:

    15

here

COSMOplat

COSMOplat

COSMOplat is a cloud platform that provides cost-effective and useful solutions for your industrial automation.

Details of the startup:

  • Valuation:

    $1.00

    B (

    April 2020

    )

  • Country:

    China

  • City:

    Shanghai

  • Started in:

    2017

  • Founders:

    No Data

  • Industries:

    Information Technology, Internet, Internet of Things

  • Number of employees:

    10-50

  • Funding Amount:

    CN¥1,150,000,000

  • Number of funding rounds:

    2

  • Number of investors:

    7

here

G7

G7

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:

    $1

    B (

    December 2018

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2010

  • Founders:

    Wu Haibo, Zhai Xuehun

  • Industries:

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

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $510,000,000

  • Number of funding rounds:

    6

  • Number of investors:

    13

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, 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:

    $2,052,375,830

  • Number of funding rounds:

    7

  • Number of investors:

    10

here

Samsara

Samsara

Samsara's Connected Operations Cloud creates a unified platform that connects people, processes and technology to increase operational efficiency.

Details of the startup:

  • Valuation:

    $6.30

    B (

    March 2018

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2015

  • Founders:

    John Bicket, Sanjit Biswas

  • Industries:

    Electronics, Internet of Things, SaaS, Sensor, Software

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $930,000,000

  • Number of funding rounds:

    6

  • Number of investors:

    9

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:

    $114,000,000

  • Number of funding rounds:

    5

  • Number of investors:

    12

here

Terminus Technologies

Terminus Technologies

Terminus Technologies is a City-Level Intelligence and IoT Platform Operator with a vision to deliver solutions that can enhance the living experience, allowing more people to lead happier, healthier, safer, and more prosperous lives.

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2018

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2015

  • Founders:

    Victor Ai

  • Industries:

    Artificial Intelligence, Information Technology, Internet of Things, Robotics, Software

  • Number of employees:

    250-500

  • Funding Amount:

    CN¥3,700,000,000

  • Number of funding rounds:

    4

  • Number of investors:

    7

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, Physical Security, Security, Smart Building

  • Number of employees:

    250-500

  • Funding Amount:

    $138,900,000

  • Number of funding rounds:

    5

  • Number of investors:

    11

here
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