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1. TRACXN TOP BUSINESS MODELS REPORT
June 03, 2021
INTERNET OF THINGS - INDUSTRY
APPLICATIONS

2. Internet of Things - Industry Applications - Top Business
Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
Internet of Things - Industry Applications
Funding - Overview
3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Internet of Things - Industry Applications - Top Business
Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Funding
in last 1 year
3
IoT Applications $2.1B
IoT in Healthcare $1.9B
Wearable Technology $1.7B
Industrial Internet of Things $1.6B
Connected Vehicles $832M
Smart Homes $794M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
LetsVenture
Urban Us
SOSV
3
3
3
Early
Stage
BDC
Ajax Strategies
NTT DOCOMO Ventures
4
4
3
Late
Stage
New Enterprise Associates
Insight Venture Partners
Pitango
5
4
2
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (54%)
China (12%)
Canada (7%)
Israel (6%)
United Kingdom (4%)
Germany (4%)
Norway (4%)
Others (10%)
$ Funding # Rounds
Amp
(2009, Canada)
$374M - PE
Tonal
(2015, United States)
$250M - Series E
ECARX Technology
(2016, China)
$200M - Series A
ECARX Technology
(2016, China)
$194M - Series A
Cognite
(2016, Norway)
$150M - Series A
Preventice Solutions
(2004, United States)
$137M - Series B
SimpliSafe
(2006, United States)
$130M - Series D
Ambiq
(2010, United States)
$127M - Series D
Tonal
(2015, United States)
$110M - Series D
Optibus
(2014, Israel)
$107M - Series C
BrightInsight
(1989, United States)
$101M - Series C
Oura
(2013, Finland)
$100M - Series C

4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1-- Personal Smart Home Gyms $360M 2 Tonal | $250M | Series E Link
2-- Oil and Gas Analytics Software $225M 5 Cognite | $150M | Series A Link
3▲41 Home Based ECG Devices $205M 5 Preventice So.. | $137M | Series B Link
4▲4 Wearable Heart Monitors $166M 7 Preventice So.. | $137M | Series B Link
5▲89 Hearing aids $157M 7 Eargo | $81.6M | Series E Link
6▲193 Remote Patient Monitoring $144M 34 Preventice So.. | $137M | Series B Link
7▼1 Building Energy Management Software $141M 38 Amp | $374M | PE Link
8▲52 Smart Energy Management $139M 13 Turntide | $80.0M | Series C Link
9▲21 Sleep Management Devices $136M 9 Oura | $100M | Series C Link
10▲47
Diagnostics (by Technology) > Devices and
Instruments > Biophysical and Physiological
Sensors..
$130M 2 AliveCor | $65.0M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▲116
Smart Cities > Smart Mobility > Public Transport
Management
$107M 2 Optibus | $107M | Series C Link
12-- Public Transit Planning Software $107M 5 Optibus | $107M | Series C Link
13-- Transit applications $107M 4 Optibus | $107M | Series C Link
14▲36 construction digital twin $107M 6 LocusView | $64.0M | Series A Link
15▲173 Wearables for Medical Rehabilitation $107M 9 Conformal Me.. | $85.0M | Series C Link
16▲19 Device Based Player Recovery Analytics $100M 2 Whoop | $100M | Series E Link
17▲127 People Counting Sensors $88.3M 4 Density | $51.0M | Series C Link
18--
Neurology > Medical Devices > Therapeutic Devices
> Stroke Rehabilitation
$85.0M 5 Conformal Me.. | $85.0M | Series C Link
19▲49
Women Health > Medical Devices > Therapy >
Breast > Breastfeeding > Lactation Induction
$81.8M 2 Willow | $55.0M | Series C Link
20▲57 Home Based Vital Sign Monitoring Devices $80.3M 8 Withings | $60.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲51 Research Groups Listings $80.0M 1 TetraScience | $80.0M | Series B Link
22▲5 Advanced Driver Assistance Systems $79.1M 6 MINIEYE | $40.2M | Series C Link
23▲120 Heart Health Monitoring Device $76.2M 3 AliveCor | $65.0M | Series E Link
24▲73 Hearing Aids $75.8M 4 Whisper | $35.0M | Series B Link
25▲101 Smart Glasses $72.9M 9 Nreal | $40.0M | Series B Link
26▲5 Wearables for Diabetes Monitoring $71.9M 5 One Drop | $34.7M | Series C Link
27▲31 Database Management for Digital Twin $69.8M 4 Seeq | $50.0M | Series C Link
28▲41 Cardiac Diagnostic Devices $65.0M 9 Preventice So.. | $137M | Series B Link
29-- LiDAR $64.0M 10 Innovusion | $64.0M | Series B Link
30-- Autonomous Vehicles LIDARs $64.0M 13 Aeva | $200M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲33 Body Vitals Monitoring Devices $62.5M 9 Withings | $60.0M | Series B Link
32-- Watches and Trackers $60.0M 14 Whoop | $100M | Series E Link
33-- Automotive HUDs $56.5M 3 Envisics | $50.0M | Series B Link
34▼31 Building Energy Management System $54.0M 14 PassiveLogic | $16.0M | Series A Link
35▼26 Commercial Building Energy Management System $52.0M 10 PassiveLogic | $16.0M | Series A Link
36-- Smart Thermostats $50.7M 2 tado° | $46.2M | Series D Link
37▼23 Remote Patient Monitoring Wearables $50.3M 12 Current health | $43.0M | Series B Link
38▲23 Industrial Big Data Analytics $50.0M 8 Seeq | $50.0M | Series C Link
39▲1 Automotive Cybersecurity $48.0M 3 Upstream Sec.. | $36.0M | Series C Link
40-- Internet First Sports Injury Products Brands $48.0M 1 HyperIce | $48.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41-- Online Home Furnishing Products Retailer $47.7M 7 Bucketplace | $70.0M | Series C Link
42-- Online Retailer $47.7M 1 Tink | $47.7M | Series D Link
43▼6 Connected Car Data Platform $46.6M 7 Wejo | $13.1M | Series B Link
44▲161 Building Analytics $44.7M 7 Sapient Indu.. | $20.0M | Series A Link
45▼7 Energy Harvesting Device $44.4M 9 Everactive | $35.4M | Series C Link
46▼20 Remote Patient Monitoring Wearables $43.5M 6 Current health | $43.0M | Series B Link
47▲67
Smart Cities > Smart Governance > Urban Data
Platforms
$42.5M 9 Urbint | $20.0M | Series B Link
48▼16 Industrial Energy Management System $41.5M 10 Amp | $374M | PE Link
49-- EV Charging Station Management Software $40.3M 12 Virta | $36.0M | Series C Link
50▲42 Automotive Digital Twin Platforms $38.0M 2 TWAICE | $26.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Tonal (2015, United States)
$250M - Series E - Mar 2021
Tonal (2015, United States)
$110M - Series D - Sep 2020
Personal Smart Home Gyms
01
9
Back to index
Smart Homes (ADT)
(# Cos: 2864 | $5.9B)
Home Appliances (Molekule)
(# Cos: 253 | $776M)
Personal Home Gym (Tonal)
(# Cos: 2 | $450M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$360M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$450M
1
-
2
1
Tonal
(2015, United States, $450M)
AroLeap
(2020, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Cognite (2016, Norway)
$150M - Series A - May 2021
Cognite (2016, Norway)
$75.0M - Series A - Oct 2020
Maana (2012, United States)
$2.0M - Series C - Nov 2020
PetroDE (2011, United States)
$1.5M - Seed - Nov 2020
MCA Connect (2002, United States)
Undisclosed - PE - Jul 2020
Oil and Gas Analytics Software
02
10
Back to index
Oil & Gas Tech (Drillinginfo)
(# Cos: 1448 | $5.6B)
Tech for Vertically Integrated Players (RigNet)
(# Cos: 177 | $693M)
Analytics (Kayrros)
(# Cos: 44 | $376M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$225M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$376M
14
-
44
7
Kayrros
(2016, France, $34.0M)
Cognite
(2016, Norway, $225M)
Maana
(2012, United States, $90.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Home Based ECG Devices
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$205M (▲419%)
5(▼28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$382M
43
5
80
7
Cardiac and Vascular Disorders (Moderna)
(# Cos: 2259 | $28.8B)
Medical Devices (Withings)
(# Cos: 1798 | $18.4B)
Screening Devices (Acutus Medical)
(# Cos: 329 | $2.2B)
Cardiac Diagnostic (Eko)
(# Cos: 225 | $1.1B)
Electrodiagnostic Testing (ECG)
(AliveCor)
(# Cos: 166 | $783M)
Home Based (Qardio)
(# Cos: 80 | $382M)
Qardio
(2012, United States, $28.8M)
AliveCor
(2011, United States, $114M)
Preventice Solutions
(2004, United States, $137M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Preventice So.. (2004, United States)
$137M - Series B - Jul 2020
AliveCor (2011, United States)
$65.0M - Series E - Nov 2020
Peerbridge He.. (2012, United States)
$2.7M - Series B - Aug 2020
Lyfas (2017, India)
$682K - Seed - Oct 2020
Cortrium (2014, Denmark)
$31.5K - Series A - Sep 2020

12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Preventice So.. (2004, United States)
$137M - Series B - Jul 2020
Bodyport (2014, United States)
$11.2M - Series A - Aug 2020
CardiacSense (2012, Israel)
$6.0M - Series B - Jun 2020
Pulsify Medical (2019, Belgium)
$4.5M - Series A - May 2021
Sensydia (2015, United States)
$4.1M - Series A - Aug 2020
Peerbridge He.. (2012, United States)
$2.7M - Series B - Aug 2020
Cortrium (2014, Denmark)
$31.5K - Series A - Sep 2020
Wearable Heart Monitors
04
12
Back to index
Wearable Technology (Oculus)
(# Cos: 4982 | $17.1B)
Health and Wellness Devices (Dexcom)
(# Cos: 1863 | $7.8B)
Cardiac (iRhythm Tech)
(# Cos: 206 | $879M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$166M (▼4.3%)
7(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$879M
89
1
206
9
iRhythm Tech
(2006, United States, $109M)
Empatica
(2011, Italy, $5.0M)
Sotera Wireless
(2004, United States, $156M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Hearing aids
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$157M (▲1161%)
7(▲133%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$925M
56
4
180
5
Assistive Tech (HopSkipDrive)
(# Cos: 1946 | $4.1B)
Assistive Hardware (Birdie)
(# Cos: 1009 | $2.0B)
Hearing (ReSound)
(# Cos: 223 | $941M)
Hearing aids (Eargo)
(# Cos: 180 | $925M)
Eargo
(2010, United States, $217M)
ReSound
(1869, Denmark)
Earlens Corporation
(2005, United States, $308M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Eargo (2010, United States)
$81.6M - Series E - Sep 2020
Whisper (2016, United States)
$35.0M - Series B - Oct 2020
Earlens Corpo.. (2005, United States)
$33.2M - Series E - Jan 2021
Olive Union (2016, South Korea)
$7.0M - Series B - Apr 2021
Audientes (2014, Denmark)
$6.5M - Series A - Aug 2020
Augmented Bionics (2018, Australia)
$650K - Seed - Sep 2020
Zhejiang Norcong Neur.. (2006, China)
Undisclosed - Series B - Sep 2020

14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Remote Patient Monitoring
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$144M (▲ >10K%)
34(▲70%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
24
$1.4B
192
8
657
21
Healthcare IT (Doximity)
(# Cos: 25661 | $63.7B)
Value Based Care (Grand Rounds)
(# Cos: 5506 | $21.3B)
Remote Monitoring (Eko)
(# Cos: 1597 | $4.4B)
Platforms (Biofourmis)
(# Cos: 657 | $1.4B)
Biofourmis
(2015, United States, $141M)
Cardiogram
(2016, United States, $2.0M)
Voluntis
(2001, United States, $31.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Preventice So.. (2004, United States)
$137M - Series B - Jul 2020
Biofourmis (2015, United States)
$100M - Series C - Sep 2020
Huma (2011, United Kingdom)
$100M - Series C - May 2021
LifeQ (2014, United States)
$47.0M - Series A - May 2021
Higi (2012, United States)
$31.4M - Series C - Jun 2020
Clearsense (2015, United States)
$30.0M - Series C - Mar 2021
Clearsense (2015, United States)
$20.5M - Series B - Aug 2020
View all 34 Funding Rounds on Tracxn Platform

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Amp (2009, Canada)
$374M - PE - Jan 2021
Everactive (2012, United States)
$35.4M - Series C - Sep 2020
PassiveLogic (2014, United States)
$16.0M - Series A - Jul 2020
Guangzhou Boyt Techno.. (2014, China)
$15.5M - Series A - Feb 2021
Therma (2019, United States)
$10.2M - Series B - Mar 2021
E-peas (2014, Belgium)
$9.0M - Series B - Jul 2020
EcoPlant (2016, Israel)
$8.0M - Series A - Aug 2020
View all 38 Funding Rounds on Tracxn Platform
Building Energy Management Software
07
15
Back to index
Facility Management Tech (MRI Software)
(# Cos: 4138 | $5.8B)
Building Management (AppFolio)
(# Cos: 3065 | $3.4B)
Building Energy Management (Asetek)
(# Cos: 1972 | $2.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$141M (▼38.4%)
38( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
117
$2.6B
634
25
1972
50
Asetek
(1997, Denmark, $34.0M)
Zenatix
(2013, India, $1.4M)
Enlighted
(2009, United States, $83.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Turntide (2004, United States)
$80.0M - Series C - Mar 2021
Turntide (2004, United States)
$58.7M - Series B - Sep 2020
Ubicquia (2014, United States)
$30.0M - Series C - Sep 2020
Sapient Indus.. (2018, United States)
$20.0M - Series A - Apr 2021
SparkMeter (2013, United States)
$12.0M - Series A - Aug 2020
Cuculus (2007, Germany)
$9.1M - Series B - Jan 2021
Verdigris (2011, United States)
$7.1M - Series B - Jan 2021
View all 13 Funding Rounds on Tracxn Platform
Smart Energy Management
08
16
Back to index
Smart Cities (Inrix)
(# Cos: 1325 | $5.5B)
Smart Utilities (Ketos)
(# Cos: 466 | $2.5B)
Energy Management (Landis+Gyr)
(# Cos: 220 | $1.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$139M (▲455%)
13(▲44.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
14
$1.8B
82
3
220
14
Landis+Gyr
(1896, Switzerland, $1.0B)
Aclara Technologies
(1972, United States)
Gram Power
(2010, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Sleep Management Devices
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$136M (▲129%)
9( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$711M
97
2
237
13
Fitness & Wellness Tech (Peloton)
(# Cos: 12461 | $13.4B)
Mind & Body Wellness (Headspace)
(# Cos: 1540 | $1.7B)
Sleep Management (Sleep Number)
(# Cos: 436 | $773M)
Devices (Oura)
(# Cos: 237 | $711M)
Oura
(2013, Finland, $147M)
Sleep Number
(1987, United States)
Nyxoah
(2009, Belgium, $88.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Oura (2013, Finland)
$100M - Series C - May 2021
KeePAP (2012, Israel)
$15.1M - Series C - Sep 2020
SnooZeal (2015, United Kingdom)
$10.0M - Series C - Sep 2020
Sana (2015, United States)
$5.8M - Seed - Jul 2020
Nukute (2015, Finland)
$4.9M - Series A - Feb 2021
Tatch (2017, United States)
$4.3M - Seed - Jun 2020
Zennea Technologies (2016, Canada)
$1.0M - Seed - Feb 2021
View all 9 Funding Rounds on Tracxn Platform

18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Diagnostics (by Technology) > Devices and Instruments > Biophysical and
Physiological Sensors > Electrophysiology > Electrocardiography > POC
Devices
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M (▲404%)
2(▼80%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$488M
31
6
64
5
Diagnostics (by Technology) (Illumina)
(# Cos: 5484 | $43.4B)
Devices and Instruments (Beckman Coulter)
(# Cos: 2409 | $14.6B)
Biophysical and Physiological Sensors (Bardy
Diagnostics)
(# Cos: 177 | $867M)
Electrophysiology (AliveCor)
(# Cos: 139 | $824M)
Electrocardiography (iRhythm Tech)
(# Cos: 88 | $610M)
POC Devices (Eko)
(# Cos: 64 | $488M)
Eko
(2013, United States, $95.0M)
iRhythm Tech
(2006, United States, $109M)
AliveCor
(2011, United States, $114M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AliveCor (2011, United States)
$65.0M - Series E - Nov 2020
Eko (2013, United States)
$65.0M - Series C - Nov 2020

19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Optibus (2014, Israel)
$107M - Series C - Mar 2021
Trafi (2013, Lithuania)
Undisclosed - Series B - Jul 2020
Smart Cities > Smart Mobility > Public
Transport Management
11
19
Back to index
Smart Cities (Remix)
(# Cos: 1325 | $5.5B)
Smart Mobility (Inrix)
(# Cos: 322 | $1.0B)
Public Transport Management (Optibus)
(# Cos: 31 | $215M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M (▲1238%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$215M
18
2
31
4
Optibus
(2014, Israel, $160M)
Trafi
(2013, Lithuania, $15.0M)
TransLoc
(2004, United States, $8.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Public Transit Planning Software
12
20
Back to index
Smart Public Transport (Moovit)
(# Cos: 514 | $1.0B)
Operator Transit Planning (Optibus)
(# Cos: 73 | $230M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$230M
18
-
73
5
Optibus
(2014, Israel, $160M)
TransLoc
(2004, United States, $8.0M)
Swiftly
(2014, United States, $12.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Optibus (2014, Israel)
$107M - Series C - Mar 2021
CitySwift (2016, Ireland)
$2.3M - Seed - Jun 2020
Swiftly (2014, United States)
Undisclosed - Series A - Dec 2020
Swiftly (2014, United States)
Undisclosed - Series A - Aug 2020
Wintics (2017, France)
Undisclosed - Seed - Sep 2020

21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Transit applications
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$427M
28
1
102
4
Road Transport Tech (Grab)
(# Cos: 12290 | $93.3B)
Mass Transit (redBus)
(# Cos: 1328 | $4.1B)
Consumer Transit Applications (Moovit)
(# Cos: 625 | $948M)
Diversified (Remix)
(# Cos: 102 | $427M)
Remix
(2014, United States, $27.0M)
Passport
(2010, United States, $213M)
Optibus
(2014, Israel, $160M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Optibus (2014, Israel)
$107M - Series C - Mar 2021
Passport (2010, United States)
$90.0M - Series E - May 2021
Instant System (2013, France)
$9.5M - Series A - Mar 2021
UrbanThings (2002, United Kingdom)
$574K - Seed - Jul 2020

22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
construction digital twin
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M (▲204%)
6(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$194M
20
-
31
8
Digital Twin (Siemens)
(# Cos: 367 | $2.0B)
Digital Twin Platforms (Matterport)
(# Cos: 271 | $1.5B)
Products (Altair)
(# Cos: 235 | $1.4B)
Construction (SiteAware)
(# Cos: 31 | $194M)
SiteAware
(2015, United States, $15.0M)
SenseHawk
(2016, United States, $7.5M)
Cityzenith
(2009, United States, $7.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LocusView (2014, United States)
$64.0M - Series A - Apr 2021
FJ Dynamics (2017, China)
$15.3M - Series A - Dec 2020
Avvir (2017, United States)
$10.0M - Series A - Mar 2021
SiteAware (2015, United States)
$10.0M - Series A - Oct 2020
SenseHawk (2016, United States)
$5.1M - Series A - Sep 2020
Scanifly (2015, United States)
$2.3M - Seed - Jan 2021

23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Conformal Med.. (2016, United States)
$85.0M - Series C - Aug 2020
HyperIce (2011, United States)
$48.0M - Series C - Oct 2020
Somatix (2015, United States)
$6.7M - Series A - Mar 2021
Orpyx (2010, Canada)
$5.6M - Series A - Jul 2020
RxFunction (2010, United States)
$4.0M - Series B - Dec 2020
Adapttech (2015, Portugal)
$2.8M - Series A - Mar 2021
GripAble (2016, United Kingdom)
$2.2M - Seed - Mar 2021
View all 9 Funding Rounds on Tracxn Platform
Wearables for Medical Rehabilitation
15
23
Back to index
Wearable Technology (Oculus)
(# Cos: 4982 | $17.1B)
Health and Wellness Devices (Dexcom)
(# Cos: 1863 | $7.8B)
Rehabilitation (HyperIce)
(# Cos: 73 | $241M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M (▲7161%)
9(▲125%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$241M
45
1
73
7
HyperIce
(2011, United States, $52.5M)
Somatix
(2015, United States, $14.3M)
GripAble
(2016, United Kingdom, $5.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Device Based Player Recovery Analytics
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$100M (▲81.8%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$214M
6
-
8
2
Sports Tech (DraftKings)
(# Cos: 8871 | $15.4B)
Sports Analytics (Sportradar)
(# Cos: 873 | $1.2B)
Performance Analytics (Kitman Labs)
(# Cos: 641 | $877M)
Multi Sports (Hudl)
(# Cos: 267 | $680M)
Recovery Analytics (Omegawave)
(# Cos: 8 | $214M)
Device (Whoop)
(# Cos: 8 | $214M)
Whoop
(2011, United States, $206M)
Omegawave
(2012, Finland, $1.3M)
Impact Biosystems
(2020, United States, $4.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Whoop (2011, United States)
$100M - Series E - Oct 2020
Impact Biosys.. (2020, United States)
$4.5M - Seed - Apr 2021

25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
People Counting Sensors
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$88.3M (▲1505%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$144M
9
-
28
3
Facility Management Tech (AppFolio)
(# Cos: 4138 | $5.8B)
Asset and Space Management (Fiix)
(# Cos: 665 | $956M)
Space Management (Condeco)
(# Cos: 148 | $231M)
People Counting (Athena Security)
(# Cos: 28 | $144M)
Athena Security
(2017, United States, $5.5M)
Density
(2014, United States, $100M)
PointGrab
(2008, Israel, $16.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Density (2014, United States)
$51.0M - Series C - Jul 2020
Density (2014, United States)
$25.0M - Series C - Apr 2021
butlr. (2019, United States)
$7.4M - Series A - May 2021
PointGrab (2008, Israel)
$4.8M - Series B - May 2021

26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Neurology > Medical Devices > Therapeutic
Devices > Stroke Rehabilitation
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$85.0M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$167M
20
-
25
2
Neurology (Biogen)
(# Cos: 2287 | $26.3B)
Medical Devices (Impel NeuroPharma)
(# Cos: 765 | $5.5B)
Therapeutic Devices (Nexstim)
(# Cos: 563 | $4.5B)
Stroke Rehabilitation (MIVI
Neuroscience)
(# Cos: 25 | $167M)
MIVI Neuroscience
(2013, United States, $56.0M)
Perfuze
(2018, Ireland, $3.4M)
Conformal Medical
(2016, United States, $94.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Conformal Med.. (2016, United States)
$85.0M - Series C - Aug 2020
MIVI Neurosci.. (2013, United States)
$45.0M - Series B - Dec 2020
Renovo Concepts (2017, United States)
$1.3M - Series A - Jun 2020
MIVI Neurosci.. (2013, United States)
Undisclosed - Series B - Jan 2021
Wallaby Medical (2016, United States)
Undisclosed - Series B - Aug 2020

27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Women Health > Medical Devices > Therapy > Breast >
Breastfeeding > Lactation Induction
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$81.8M (▲309%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$151M
9
-
23
1
Women Health (TherapeuticsMD)
(# Cos: 645 | $4.8B)
Medical Devices (Bloomlife)
(# Cos: 422 | $2.3B)
Therapy (Daré Bioscience)
(# Cos: 223 | $1.4B)
Breast (Hologic)
(# Cos: 86 | $1.0B)
Breastfeeding (Coroflo)
(# Cos: 27 | $156M)
Lactation Induction (Willow)
(# Cos: 23 | $151M)
Willow
(2012, United States, $147M)
Lansinoh Laboratories
(1984, United States)
Medela
(1961, Switzerland)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Willow (2012, United States)
$55.0M - Series C - Sep 2020
Willow (2012, United States)
$26.8M - Series C - Apr 2021

28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Home Based Vital Sign Monitoring
Devices
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.3M (▲342%)
8( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$904M
107
3
259
11
Cardiac and Vascular Disorders (Moderna)
(# Cos: 2259 | $28.8B)
Medical Devices (Eko)
(# Cos: 1798 | $18.4B)
Monitoring Devices (iRhythm Tech)
(# Cos: 498 | $2.0B)
Vital Signs (Sotera Wireless)
(# Cos: 365 | $1.2B)
Home Based (Withings)
(# Cos: 259 | $904M)
Withings
(2008, France, $93.8M)
Sotera Wireless
(2004, United States, $156M)
Cloud
(2014, United States, $3.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Withings (2008, France)
$60.0M - Series B - Jul 2020
Bodyport (2014, United States)
$11.2M - Series A - Aug 2020
CardiacSense (2012, Israel)
$6.0M - Series B - Jun 2020
StethoMe (2015, Poland)
$2.5M - Series A - Jul 2020
Cloud (2014, United States)
$500K - Series A - Jan 2021
Life Detectio.. (2014, United States)
$150K - Seed - Jun 2020
Semacare (2014, Australia)
Undisclosed - Series A - Jul 2020
View all 8 Funding Rounds on Tracxn Platform

29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Research Groups Listings
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.0M (▲321%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$99.2M
3
-
15
1
Life Sciences Tech (Medidata)
(# Cos: 4148 | $19.3B)
Research & Development (Illumina)
(# Cos: 3339 | $15.9B)
Scientific Sourcing (PerkinElmer)
(# Cos: 111 | $329M)
Research Groups (TetraScience)
(# Cos: 15 | $99.2M)
TetraScience
(2014, United States, $99.2M)
Molecule
(2018, Switzerland)
Halo
(2016, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TetraScience (2014, United States)
$80.0M - Series B - Apr 2021

30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
MINIEYE (2013, China)
$40.2M - Series C - Oct 2020
AIDriving (2011, China)
$14.4M - Series C - Aug 2020
SCANTINEL PHOTONICS (2019,
Germany)
$9.2M - Series A - May 2021
Anzhi Auto (2016, China)
$7.8M - Series A - May 2021
Provizio (2019, Ireland)
$6.2M - Seed - Nov 2020
Eatron (2017, United Kingdom)
$1.3M - Seed - Jul 2020
Advanced Driver Assistance Systems
22
30
Back to index
Connected Vehicles (Samsara)
(# Cos: 2061 | $7.0B)
Safety and Security (Nauto)
(# Cos: 482 | $1.4B)
ADAS (Pearl Auto)
(# Cos: 126 | $524M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$79.1M (▲28.1%)
6(▲20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$524M
62
-
126
11
Pearl Auto
(2014, United States, $50.0M)
Light
(2013, United States, $186M)
ESCORT
(1978, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Heart Health Monitoring Device
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$76.2M (▲1217%)
3(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$344M
51
3
150
7
Disease Self Management (Livongo)
(# Cos: 7353 | $12.9B)
Cardiac and Vascular Disorders (Bodyport)
(# Cos: 323 | $447M)
Monitoring (AliveCor)
(# Cos: 315 | $447M)
Heart Health (Cardiogram)
(# Cos: 218 | $346M)
Device (iRhythm Tech)
(# Cos: 150 | $344M)
iRhythm Tech
(2006, United States, $109M)
AliveCor
(2011, United States, $114M)
Bodyport
(2014, United States, $15.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AliveCor (2011, United States)
$65.0M - Series E - Nov 2020
Bodyport (2014, United States)
$11.2M - Series A - Aug 2020
CardiacSense (2012, Israel)
$6.0M - Series B - Jun 2020

32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Hearing Aids
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$75.8M (▲522%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$686M
47
3
127
4
ENT (Akouos)
(# Cos: 299 | $2.3B)
Medical Devices (Advanced Bionics)
(# Cos: 257 | $1.4B)
Therapeutic Devices (Intersect ENT)
(# Cos: 220 | $1.3B)
Ear (Neuromod Devices)
(# Cos: 173 | $926M)
Hearing Impairment (ReSound)
(# Cos: 127 | $686M)
ReSound
(1869, Denmark)
Earlens Corporation
(2005, United States, $308M)
Phonak
(1947, Switzerland)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Whisper (2016, United States)
$35.0M - Series B - Oct 2020
Earlens Corpo.. (2005, United States)
$33.2M - Series E - Jan 2021
Olive Union (2016, South Korea)
$7.0M - Series B - Apr 2021
Augmented Bionics (2018, Australia)
$650K - Seed - Sep 2020

33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Smart Glasses
25
33
Back to index
Wearable Technology (Oculus)
(# Cos: 4982 | $17.1B)
Smart Glasses (RealWear)
(# Cos: 134 | $4.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$72.9M (▲795%)
9( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$4.0B
72
1
134
15
RealWear
(2016, United States, $103M)
North
(2012, Canada, $267M)
Magic Leap
(2011, United States, $3.0B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Nreal (2017, China)
$40.0M - Series B - Sep 2020
Pacific Future (2017, China)
$38.1M - Series A - Apr 2021
Formovie (2016, China)
$28.8M - Series A - Aug 2020
Avegant (2012, United States)
$6.0M - Series B - Jul 2020
AjnaLens (2014, India)
$1.0M - Seed - Sep 2020
Lucyd (2017, Singapore)
$600K - Seed - Jan 2021
Cyclops MedTech (2015, India)
$100K - Seed - Dec 2020
View all 9 Funding Rounds on Tracxn Platform

34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
One Drop (2015, United States)
$34.7M - Series C - Aug 2020
Metronom Health (2009, United States)
$22.2M - Series B - Dec 2020
GlySens (1997, United States)
$15.0M - Series D - Jun 2020
Movano (2018, United States)
$10.0M - Convertible Debt - Jul 2020
Movano (2018, United States)
$2.5M - Convertible Debt - Aug 2020
Wearables for Diabetes Monitoring
26
34
Back to index
Wearable Technology (Oculus)
(# Cos: 4982 | $17.1B)
Health and Wellness Devices (Eargo)
(# Cos: 1863 | $7.8B)
Diabetes Monitoring (Dexcom)
(# Cos: 158 | $1.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$71.9M (▲21.2%)
5(▼37.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$1.4B
70
8
158
11
Dexcom
(1999, United States, $52.7M)
One Drop
(2015, United States, $108M)
FeetMe
(2013, France, $12.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Seeq (2013, United States)
$50.0M - Series C - Apr 2021
Element Analy.. (2014, United States)
$18.0M - Series B - Jun 2020
HarperDB (2017, United States)
$1.8M - Series A - Dec 2020
Seeq (2013, United States)
Undisclosed - Series B - Sep 2020
Database Management for Digital Twin
27
35
Back to index
Digital Twin (Altair)
(# Cos: 367 | $2.0B)
Development Tools (Esri)
(# Cos: 67 | $286M)
Asset Databases (Seeq)
(# Cos: 16 | $191M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$69.8M (▲175%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$191M
10
-
16
4
Seeq
(2013, United States, $130M)
Element Analytics
(2014, United States, $44.5M)
HarperDB
(2017, United States, $6.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Cardiac Diagnostic Devices
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$65.0M (▲225%)
9(▼55%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$1.1B
111
12
225
15
Cardiac and Vascular Disorders (Moderna)
(# Cos: 2259 | $28.8B)
Medical Devices (Withings)
(# Cos: 1798 | $18.4B)
Screening Devices (Acutus Medical)
(# Cos: 329 | $2.2B)
Cardiac Diagnostic (Eko)
(# Cos: 225 | $1.1B)
Eko
(2013, United States, $95.0M)
Qardio
(2012, United States, $28.8M)
AliveCor
(2011, United States, $114M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Preventice So.. (2004, United States)
$137M - Series B - Jul 2020
AliveCor (2011, United States)
$65.0M - Series E - Nov 2020
Eko (2013, United States)
$65.0M - Series C - Nov 2020
LifeLens (2014, United States)
$3.2M - Series A - Aug 2020
Peerbridge He.. (2012, United States)
$2.7M - Series B - Aug 2020
Lyfas (2017, India)
$682K - Seed - Oct 2020
Cortrium (2014, Denmark)
$31.5K - Series A - Sep 2020
View all 9 Funding Rounds on Tracxn Platform

37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
LiDAR
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$64.0M ( -- )
10( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$528M
11
-
15
7
Photonics (Inphi)
(# Cos: 1255 | $9.2B)
Quantum Optics (NeoPhotonics)
(# Cos: 239 | $2.5B)
Applications (Horizon Quantum Computing)
(# Cos: 67 | $593M)
Scanning and Surveying (Sense Photonics)
(# Cos: 23 | $528M)
LiDAR (Quanergy)
(# Cos: 15 | $528M)
Quanergy
(2012, United States, $160M)
Sense Photonics
(2016, United States, $80.8M)
SOS Lab
(2016, South Korea, $14.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Innovusion (2020, United States)
$64.0M - Series B - May 2021
Sense Photonics (2016, United States)
$32.1M - Series B - Nov 2020
Voyant Photon.. (2017, United States)
$15.5M - Series B - Feb 2021
LightWare (2011, United States)
$1.5M - Seed - Aug 2020
Psionic (2016, United States)
$1.0M - Seed - Sep 2020
LightCode Photonics (2020, Estonia)
$516K - Seed - May 2021
Psionic (2016, United States)
$500K - Seed - Nov 2020
View all 10 Funding Rounds on Tracxn Platform

38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Autonomous Vehicles LIDARs
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$64.0M ( -- )
13( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$2.9B
43
4
57
17
Autonomous Vehicles (Scale)
(# Cos: 702 | $32.8B)
Enabling Technologies (Mobileye)
(# Cos: 296 | $7.1B)
Perception (Ouster)
(# Cos: 209 | $6.5B)
Sensor (Velodyne Lidar)
(# Cos: 121 | $3.5B)
Lidar (Innoviz)
(# Cos: 57 | $2.9B)
Innoviz
(2016, Israel, $252M)
Velodyne Lidar
(1983, United States, $200M)
Ouster
(2002, United States, $140M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Aeva (2017, United States)
$200M - Series B - Jan 2021
Luminar Techn.. (2012, United States)
$170M - Series C - Sep 2020
Innovusion (2016, United States)
$64.0M - Series B - Feb 2021
Innovusion (2020, United States)
$64.0M - Series B - May 2021
Ouster (2002, United States)
$42.0M - Series B - Sep 2020
Sense Photonics (2016, United States)
$32.1M - Series B - Nov 2020
Baraja (2015, Australia)
$31.0M - Series B - Mar 2021
View all 13 Funding Rounds on Tracxn Platform

39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Body Vitals Monitoring Devices
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$62.5M (▲181%)
9(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$648M
70
1
273
9
Disease Self Management (Livongo)
(# Cos: 7353 | $12.9B)
Body Health Parameters (Higi)
(# Cos: 486 | $1.3B)
Monitoring (Sotera Wireless)
(# Cos: 486 | $1.3B)
Body Vitals (Qardio)
(# Cos: 411 | $762M)
Device (Withings)
(# Cos: 273 | $648M)
Withings
(2008, France, $93.8M)
Qardio
(2012, United States, $28.8M)
Sotera Wireless
(2004, United States, $156M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Withings (2008, France)
$60.0M - Series B - Jul 2020
Casana (2018, United States)
$14.0M - Series A - Feb 2021
TestCard (2016, United Kingdom)
$5.8M - Series A - Oct 2020
Synex Medical (2017, Canada)
$5.3M - Seed - Oct 2020
StethoMe (2015, Poland)
$2.5M - Series A - Jul 2020
Iweecare (2014, Taiwan)
$2.4M - Seed - Sep 2020
OutSense Diagnostics (2016, Israel)
$2.2M - Series A - Nov 2020
View all 9 Funding Rounds on Tracxn Platform

40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Watches and Trackers
32
40
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Wearable Technology (Oculus)
(# Cos: 4982 | $17.1B)
Watches and Trackers (Fitbit)
(# Cos: 926 | $2.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$60.0M ( -- )
14( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$2.0B
237
3
926
15
Fitbit
(2007, United States, $65.1M)
Whoop
(2011, United States, $206M)
Withings
(2008, France, $93.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Whoop (2011, United States)
$100M - Series E - Oct 2020
Withings (2008, France)
$60.0M - Series B - Jul 2020
Supersapiens (2019, United States)
$13.5M - Series B - Apr 2021
In&Motion (2014, France)
$12.0M - Series B - Dec 2020
Levels (2019, United States)
$12.0M - Seed - Nov 2020
JAXJOX (2016, United States)
$10.0M - Series A - Oct 2020
Q30 Innovations (2012, United States)
$9.3M - Series B - Sep 2020
View all 14 Funding Rounds on Tracxn Platform

41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Envisics (2017, United Kingdom)
$50.0M - Series B - Oct 2020
CY Vision (2016, United States)
$5.0M - Series B - Jul 2020
Raythink (2019, China)
$1.5M - Seed - Oct 2020
Automotive HUDs
33
41
Back to index
Connected Vehicles (Samsara)
(# Cos: 2061 | $7.0B)
In Vehicle Infotainment (Drivemode)
(# Cos: 255 | $827M)
Heads Up Display (DigiLens)
(# Cos: 53 | $377M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$56.5M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$377M
19
-
53
3
DigiLens
(2003, United States, $149M)
WayRay
(2012, Switzerland, $98.0M)
Futurus
(2015, China, $14.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Building Energy Management System
34
42
Back to index
Property Management Tech (AppFolio)
(# Cos: 3879 | $7.3B)
Building Energy Management (Latch)
(# Cos: 684 | $2.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$54.0M (▼90.5%)
14(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
47
$2.0B
252
6
684
31
Latch
(2014, United States, $152M)
Zenatix
(2013, India, $1.4M)
Enlighted
(2009, United States, $83.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PassiveLogic (2014, United States)
$16.0M - Series A - Jul 2020
Aquicore (2012, United States)
$14.0M - Series B - Jul 2020
Pearl Certifi.. (2015, United States)
$9.5M - Series B - May 2021
Budderfly (2007, United States)
$7.8M - Series A - Oct 2020
Eliq (2010, Sweden)
$5.9M - Series A - Sep 2020
75fahrenheit (2012, United States)
$4.8M - Series A - Mar 2021
Senseware (2013, United States)
$4.7M - Series B - Feb 2021
View all 14 Funding Rounds on Tracxn Platform

43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Commercial Building Energy
Management System
35
43
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$52.0M (▼68.2%)
10(▼47.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
41
$1.5B
197
6
571
20
Energy Efficiency Tech (Nanoleaf)
(# Cos: 5257 | $15.2B)
Energy Management System (tado°)
(# Cos: 2086 | $5.9B)
Building Automation Systems (Asetek)
(# Cos: 1229 | $3.7B)
BEMS (Latch)
(# Cos: 571 | $1.5B)
Latch
(2014, United States, $152M)
Zenatix
(2013, India, $1.4M)
Enlighted
(2009, United States, $83.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PassiveLogic (2014, United States)
$16.0M - Series A - Jul 2020
Aquicore (2012, United States)
$14.0M - Series B - Jul 2020
Budderfly (2007, United States)
$7.8M - Series A - Oct 2020
75fahrenheit (2012, United States)
$4.8M - Series A - Mar 2021
Senseware (2013, United States)
$4.7M - Series B - Feb 2021
Crocus AI (2017, United States)
$2.9M - Series A - Jul 2020
Goby (2008, United States)
$1.9M - Series A - Jan 2021
View all 10 Funding Rounds on Tracxn Platform

44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
tado° (2011, Germany)
$46.2M - Series D - May 2021
Mysa (2016, Canada)
$4.6M - Seed - Jul 2020
Smart Thermostats
36
44
Back to index
Smart Homes (ADT)
(# Cos: 2864 | $5.9B)
HVAC (ecobee)
(# Cos: 126 | $390M)
Smart Thermostats (tado°)
(# Cos: 64 | $338M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$50.7M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$338M
24
1
64
5
tado°
(2011, Germany, $153M)
ecobee
(2007, Canada, $155M)
Mysa
(2016, Canada, $6.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Remote Patient Monitoring Wearables
37
45
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$50.3M (▼63.1%)
12(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$852M
160
5
348
22
Healthcare IT (Doximity)
(# Cos: 25661 | $63.7B)
Value Based Care (Grand Rounds)
(# Cos: 5506 | $21.3B)
Remote Monitoring (iRhythm Tech)
(# Cos: 1597 | $4.4B)
Hardware (Eko)
(# Cos: 815 | $2.9B)
Wearables (Qardio)
(# Cos: 348 | $852M)
Qardio
(2012, United States, $28.8M)
BioSerenity
(2013, France, $95.4M)
DarioHealth
(2010, United States, $6.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Current health (2015, United Kingdom)
$43.0M - Series B - Apr 2021
BioIntelliSense (2018, United States)
$25.0M - Series C - Sep 2020
BioIntelliSense (2018, United States)
$12.0M - Series B - Aug 2020
HumanFirst (2017, United States)
$12.0M - Series A - Jun 2021
Pulsify Medical (2019, Belgium)
$4.5M - Series A - May 2021
Peerbridge He.. (2012, United States)
$2.7M - Series B - Aug 2020
Dynocardia.Care (2018, United States)
$100K - Seed - Mar 2021
View all 12 Funding Rounds on Tracxn Platform

46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Seeq (2013, United States)
$50.0M - Series C - Apr 2021
Element Analy.. (2014, United States)
$18.0M - Series B - Jun 2020
Ndustrial.io (2015, United States)
$6.0M - Series A - May 2021
Satelytics (2008, United States)
$5.0M - Series A - Jun 2020
NeuCloud (2013, China)
Undisclosed - Series C - Jan 2021
Seeq (2013, United States)
Undisclosed - Series B - Sep 2020
Senseye (2015, United Kingdom)
Undisclosed - Series A - Oct 2020
View all 8 Funding Rounds on Tracxn Platform
Industrial Big Data Analytics
38
46
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Big Data Analytics (Sumo Logic)
(# Cos: 2379 | $28.9B)
Industry Solutions (Featurespace)
(# Cos: 726 | $8.6B)
Heavy Industries (OSIsoft)
(# Cos: 78 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$50.0M (▲106%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$1.1B
53
-
78
13
OSIsoft
(1980, United States, $143M)
Seeq
(2013, United States, $130M)
Uptake
(2014, United States, $282M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Upstream Security (2017, Israel)
$36.0M - Series C - May 2021
Cybellum (2015, United States)
$12.0M - Series A - Jul 2020
Upstream Security (2017, Israel)
Undisclosed - Series B - Jun 2020
Automotive Cybersecurity
39
47
Back to index
Connected Vehicles (Samsara)
(# Cos: 2061 | $7.0B)
Safety and Security (Nauto)
(# Cos: 482 | $1.4B)
Cybersecurity (Argus Cyber Security)
(# Cos: 44 | $195M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$48.0M (▲1%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$195M
25
1
44
9
Argus Cyber Security
(2013, Israel, $30.0M)
Upstream Security
(2017, Israel, $43.0M)
Ixia
(1997, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Internet First Sports Injury Products
Brands
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$48.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$53.5M
3
-
4
1
Sports Tech (DraftKings)
(# Cos: 8871 | $15.4B)
E-Commerce (Fanatics)
(# Cos: 1400 | $3.9B)
Multi Sports (Under Armour)
(# Cos: 906 | $1.1B)
Injury Management Products (KT Tape)
(# Cos: 6 | $53.5M)
Internet First Brand (HyperIce)
(# Cos: 4 | $53.5M)
HyperIce
(2011, United States, $52.5M)
KT Tape
(2009, United States)
ENERTOR
(1998, United Kingdom, $960K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
HyperIce (2011, United States)
$48.0M - Series C - Oct 2020

49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Online Home Furnishing Products
Retailer
41
49
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$47.7M ( -- )
7( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
29
$1.4B
103
5
560
7
Home Improvements (LivSpace)
(# Cos: 4663 | $10.5B)
B2C Commerce (Pepperfry)
(# Cos: 3532 | $6.6B)
Horizontal (MADE)
(# Cos: 1087 | $3.6B)
Retailer (Wayfair)
(# Cos: 560 | $1.4B)
Wayfair
(2002, United States, $368M)
Westwing
(2011, Germany, $212M)
Brico Prive
(2012, France, $2.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bucketplace (2013, South Korea)
$70.0M - Series C - Nov 2020
Tink (2016, Germany)
$47.7M - Series D - Apr 2021
NADUVI (2019, Netherlands)
$10.0M - Series A - May 2021
Fabelio (2015, Indonesia)
$9.0M - Series C - Jun 2020
Mushroom Lon.. (2014, United Kingdom)
$5.2M - Series A - Aug 2020
Noah’s Box (2018, United Kingdom)
$1.9M - Seed - Mar 2021
Kemitt (2018, Egypt)
$1.0M - Seed - Apr 2021

50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Online Retailer
42
50
Back to index
Smart Homes (ADT)
(# Cos: 2864 | $5.9B)
Online Retailer (Tink)
(# Cos: 30 | $47.7M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$47.7M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$47.7M
1
-
30
1
Tink
(2016, Germany, $47.7M)
Applied MagiX
(2020, United States)
MXI Security
(2001, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tink (2016, Germany)
$47.7M - Series D - Apr 2021

51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Wejo (2013, United Kingdom)
$13.1M - Series B - Aug 2020
Viaduct (2018, United States)
$11.0M - Series A - Jun 2020
UBiAi Technology (2016, China)
$10.0M - Series A - Nov 2020
Motorq (2016, United States)
$7.0M - Series A - Dec 2020
Cerebrum X (2020, United States)
$5.5M - Series A - Mar 2021
Wejo (2013, United Kingdom)
Undisclosed - Series B - Mar 2021
Tactile Mobility (2012, Israel)
Undisclosed - Series A - Jan 2021
Connected Car Data Platform
43
51
Back to index
Connected Vehicles (Samsara)
(# Cos: 2061 | $7.0B)
Connected Car Platform (Aeris)
(# Cos: 172 | $1.2B)
Data Platform (Mojio)
(# Cos: 97 | $519M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$46.6M (▼11%)
7(▲16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$519M
49
1
97
10
Mojio
(2012, Canada, $80.6M)
Telenav
(1999, United States, $30.0M)
Otonomo
(2015, Israel, $96.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Sapient Indus.. (2018, United States)
$20.0M - Series A - Apr 2021
Aquicore (2012, United States)
$14.0M - Series B - Jul 2020
Clockworks An.. (2008, United States)
$8.0M - Series D - Dec 2020
KGS Buildings (2007, United States)
$6.9M - Seed - Jun 2020
Cortex (2014, United States)
$6.0M - Series A - May 2021
Senseware (2013, United States)
$4.7M - Series B - Feb 2021
Metrikus (2019, United Kingdom)
Undisclosed - Series A - Nov 2020
Building Analytics
44
52
Back to index
Facility Management Tech (MRI Software)
(# Cos: 4138 | $5.8B)
Building Management (AppFolio)
(# Cos: 3065 | $3.4B)
Building Analytics (Okapi)
(# Cos: 89 | $272M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$44.7M (▲6286%)
7(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$272M
43
-
89
9
Okapi
(2017, United States, $8.4M)
Measurabl
(2013, United States, $30.9M)
Lucid
(2004, United States, $24.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Energy Harvesting Device
45
53
Back to index
Energy Storage Tech (ChargePoint)
(# Cos: 3673 | $21.1B)
Energy Harvesting (Everactive)
(# Cos: 54 | $320M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$44.4M (▼15.1%)
9(▲80%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$320M
41
-
54
9
Everactive
(2012, United States, $83.6M)
Blackburn Energy
(2014, United States, $2.2M)
Nowi Energy
(2015, Netherlands, $13.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Everactive (2012, United States)
$35.4M - Series C - Sep 2020
E-peas (2014, Belgium)
$9.0M - Series B - Jul 2020
Nikola Labs (2014, United States)
$6.3M - Series B - Sep 2020
Nikola Labs (2014, United States)
$5.0M - Series B - Jan 2021
INGINE (2011, South Korea)
$2.1M - Seed - Jul 2020
Blackburn Ene.. (2014, United States)
$100K - Seed - Oct 2020
Energy Floors (2007, Netherlands)
$61.8K - Seed - Jun 2020
View all 9 Funding Rounds on Tracxn Platform

54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Current health (2015, United Kingdom)
$43.0M - Series B - Apr 2021
Cloud (2014, United States)
$500K - Series A - Jan 2021
Bravrr (2016, United States)
Undisclosed - Seed - Jun 2020
Semacare (2014, Australia)
Undisclosed - Series A - Jul 2020
Cloud (2014, United States)
Undisclosed - Series A - Oct 2020
Medical Guard.. (2005, United States)
Undisclosed - Seed - Jan 2021
Remote Patient Monitoring Wearables
46
54
Back to index
Wearable Technology (Oculus)
(# Cos: 4982 | $17.1B)
Health and Wellness Devices (Dexcom)
(# Cos: 1863 | $7.8B)
Remote Patient Monitoring (Cloud)
(# Cos: 207 | $659M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$43.5M (▼31.3%)
6(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$659M
91
2
207
13
Cloud
(2014, United States, $3.1M)
Current health
(2015, United Kingdom, $74.9M)
MC10
(2008, United States, $115M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Urbint (2015, United States)
$20.0M - Series B - Jun 2020
ZenCity (2014, Israel)
$13.5M - Series B - Aug 2020
Fraym (2015, United States)
$7.2M - Series B - May 2021
SmartClean (2017, Singapore)
$2.7M - Seed - Sep 2020
CHAOS (2013, Finland)
$1.8M - Seed - Jan 2021
Urban SDK (2018, United States)
$1.7M - Seed - Feb 2021
Shanghai Zhongyan Hon.. (2019, China)
Undisclosed - Series A - Sep 2020
View all 9 Funding Rounds on Tracxn Platform
Smart Cities > Smart Governance >
Urban Data Platforms
47
55
Back to index
Smart Cities (Inrix)
(# Cos: 1325 | $5.5B)
Smart Governance (Mapillary)
(# Cos: 229 | $419M)
Urban Data Platforms (ZenCity)
(# Cos: 114 | $246M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$42.5M (▲320%)
9(▲80%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$246M
48
-
114
11
ZenCity
(2014, Israel, $24.7M)
Urbint
(2015, United States, $20.0M)
TerraGo
(2005, United States, $24.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Industrial Energy Management System
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$41.5M (▼29.3%)
10(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
30
$1.3B
113
3
264
18
Energy Efficiency Tech (Nanoleaf)
(# Cos: 5257 | $15.2B)
Energy Management System (tado°)
(# Cos: 2086 | $5.9B)
Building Automation Systems (Latch)
(# Cos: 1229 | $3.7B)
IEMS (Asetek)
(# Cos: 264 | $1.3B)
Asetek
(1997, Denmark, $34.0M)
Device42
(2010, United States, $38.5M)
Everactive
(2012, United States, $83.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Amp (2009, Canada)
$374M - PE - Jan 2021
Everactive (2012, United States)
$35.4M - Series C - Sep 2020
Virtual Power.. (2012, United States)
$12.0M - Series B - Aug 2020
Ndustrial.io (2015, United States)
$6.0M - Series A - May 2021
Sensor Fact (2016, Netherlands)
$4.4M - Series A - Mar 2021
Vigyan Labs (2008, India)
$335K - Seed - Jul 2020
Probus (2017, India)
$134K - Seed - Aug 2020
View all 10 Funding Rounds on Tracxn Platform

57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
EV Charging Station Management
Software
49
57
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$40.3M ( -- )
12( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$175M
55
-
151
14
Electric Vehicles (Lime)
(# Cos: 6595 | $62.1B)
Charging Solutions (FreeWire Technologies)
(# Cos: 1190 | $2.4B)
Station Network (Volta)
(# Cos: 516 | $1.6B)
Charging (ChargePoint)
(# Cos: 501 | $1.4B)
Station Management IT (EV Connect)
(# Cos: 151 | $175M)
EV Connect
(2009, United States, $25.0M)
Virta
(2013, Finland, $36.0M)
Elmtronics
(2013, United Kingdom, $2.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Virta (2013, Finland)
$36.0M - Series C - Apr 2021
Weave Grid (2018, United States)
$15.0M - Series A - May 2021
ChargeLab (2019, Canada)
$4.3M - Seed - Feb 2021
Enervalis (2013, Belgium)
$3.3M - Series A - Aug 2020
OpConnect (2008, United States)
$2.2M - Series A - Apr 2021
Elmtronics (2013, United Kingdom)
$2.0M - Seed - Nov 2020
SWTCH (2018, Canada)
$833K - Seed - Aug 2020
View all 12 Funding Rounds on Tracxn Platform

58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Automotive Digital Twin Platforms
50
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$38.0M (▲193%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$61.1M
5
1
9
2
Digital Twin (Aras)
(# Cos: 367 | $2.0B)
Digital Twin Platforms (Matterport)
(# Cos: 271 | $1.5B)
Products (Altair)
(# Cos: 235 | $1.4B)
Automotive (Siemens)
(# Cos: 9 | $61.1M)
Siemens
(1847, Germany)
Cybellum
(2015, United States, $15.0M)
TWAICE
(2018, Germany, $45.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TWAICE (2018, Germany)
$26.0M - Series B - May 2021
Cybellum (2015, United States)
$12.0M - Series A - Jul 2020

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Internet of Things - Industry Applications - Top Business
Models Report
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