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TRACXN TOP BUSINESS MODELS REPORT
March 25, 2021
INTERNET OF THINGS - INDUSTRY
APPLICATIONS
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
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 $2.4B
Wearable Technology $1.7B
Connected Vehicles $1.2B
Smart Cities $563M
Smart Homes $296M
Digital Twin $226M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
LetsVenture
YourNest
Techstars
2
2
2
Early
Stage
BDC
Ajax Strategies
Mercia
4
4
3
Late
Stage
Bessemer Venture Partners
New Enterprise Associates
Lightspeed Venture
Partners
4
4
3
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (57%)
China (11%)
Israel (10%)
Canada (8%)
United Kingdom (3%)
Germany (2%)
France (2%)
Others (7%)
$ Funding # Rounds
Samsara
(2015, United States)
$400M - Series F
Amp
(2009, Canada)
$374M - PE
Magic Leap
(2011, United States)
$350M - Series F
ECARX Technology
(2016, China)
$200M - Series A
ECARX Technology
(2016, China)
$194M - Series A
Preventice Solutions
(2004, United States)
$137M - Series B
Optibus
(2014, Israel)
$107M - Series C
Whoop
(2011, United States)
$100M - Series E
Axonius
(2017, Israel)
$100M - Series D
SmartRent
(2017, United States)
$96.1M - Series C
Conformal Medical
(2016, United States)
$85.0M - Series C
Eargo
(2010, United States)
$81.6M - Series E
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<> 0 Telematics Based Fleet Management $400M 2 Samsara | $400M | Series F Link
2▲2 Wearable Heart Monitors $161M 7 Preventice So.. | $137M | Series B Link
3▲24 Smart Energy Management $139M 13 Turntide | $80.0M | Series C Link
4▲28
Smart Cities > Smart Mobility > Public Transport
Management
$114M 3 Optibus | $107M | Series C Link
5▲57 Wearables for Medical Rehabilitation $104M 8 Conformal Me.. | $85.0M | Series C Link
6▲8
Smart Homes > Home Automation Controllers >
Hubs
$96.1M 3 SmartRent | $96.1M | Series C Link
7▲27
Connected Vehicles > Connected Car Platform >
Data Platform
$91.7M 9 Otonomo | $46.0M | Series C Link
8▲16 ADAS $85.9M 7 MINIEYE | $40.2M | Series C Link
9▲65
Wearable Technology > Health & Wellness Devices >
Hearing Impairment
$80.3M 4 Eargo | $81.6M | Series E Link
10▲1 Wearables for Diabetes Monitoring $71.9M 6 One Drop | $34.7M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
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--
Digital Twin > Digital Twin Platforms > Products >
Smart Buildings
$68.4M 2 Matterport | $52.4M | Series D Link
12-- Wearable Technology > Watches & Trackers $60.0M 11 Whoop | $100M | Series E Link
13▲2 Automotive Heads-Up Display $56.5M 4 Envisics | $50.0M | Series B Link
14▲22
Digital Twin > Digital Twin Platforms > Products >
Construction
$56.1M 6 FJ Dynamics | $15.3M | Series A Link
15▲45
Connected Vehicles > Safety and Security > Dash
Cam
$52.0M 2 Nexar | $52.0M | Series C Link
16-- Smart Glasses $42.5M 11 Magic Leap | $350M | Series F Link
17▲5 Digital Twin Platforms for Manufacturing $36.7M 4 Seebo | $15.0M | Series B Link
18▼6 Sleep Tech Wearables $36.3M 6 KeePAP | $15.1M | Series C Link
19▲32
Smart Cities > Smart Governance > Urban Data
Platforms
$35.7M 10 IntelliSite | $22.2M | Series B Link
20▼2 Brain Sensing Headbands $34.0M 8 Neuroelectrics | $17.9M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
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▲7 Smart Street Lighting $32.0M 2 Ubicquia | $30.0M | Series C Link
22▼12
Wearable Technology > Health & Wellness Devices >
Eyecare
$23.3M 2 Sight Sciences | $23.2M | Series E Link
23--
Connected Vehicles > Connected Car Platform > OTA
Platform
$23.0M 1 Aurora Labs | $23.0M | Series B Link
24--
Connected Vehicles > Safety and Security > Cabin
Monitoring > Driver Monitoring
$22.2M 3 Netradyne | $20.2M | Series B Link
25<> 0 Database Management for Digital Twin $21.0M 4 Element Anal.. | $18.0M | Series B Link
26▼6 Smart Cities > Public Safety > Disaster Management $20.0M 2 One Concern | $15.0M | Series B Link
27--
Connected Vehicles > Vehicle Telematics > Usage
Based Insurance > Internet First Insurers
$18.6M 2 By Miles | $18.6M | Series B Link
28▼23 Smart Home Suite $18.6M 5 Wyze | $15.0M | Series A Link
29▼23
Wearable Technology > Health & Wellness Devices >
Neural
$17.1M 5 GyroGear | $4.3M | Seed Link
30▲22 Smart Jewelry $16.5M 2 IEVA | $13.8M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
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-- Infotainment System $16.5M 6 JidouAuto | $15.5M | Series B Link
32▼23 Connected Vehicles Cybersecurity $16.0M 3 Cybellum | $12.0M | Series A Link
33▲12 Edge Computing > Edge Servers $15.2M 1 Jiangxing In.. | $15.2M | Series A Link
34▼1 Smart Cities > Smart Utilities > Diversified $15.1M 4 GreenCom Net.. | $14.4M | Series C Link
35▼14 Workplace Safety Wearables $14.3M 4 Kinetic | $10.3M | Series A Link
36▲39
Digital Twin > Digital Twin Platforms > Products >
Healthcare
$13.5M 3 Unlearn | $12.0M | Series A Link
37▼29 Head Mounted Displays $13.2M 3 Varjo | $54.0M | Series C Link
38▲11 Connected Car Platform $12.0M 11 Otonomo | $46.0M | Series C Link
39▼9
Digital Twin > Digital Twin Platforms > Products >
Automotive
$12.0M 1 Cybellum | $12.0M | Series A Link
40▲18
Smart Homes > Home Automation Controllers >
Voice Controllers
$11.0M 1 Josh.ai | $11.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
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▼24 Energy Monitoring for Smart Homes $10.0M 3 Bidgely | $8.0M | Series C Link
42▼1 Fitness Trackers $10.0M 8 Whoop | $100M | Series E Link
43▼6 Pet Wearables $8.6M 9 Fi | $30.0M | Series B Link
44▼2
Connected Vehicles > Safety and Security > Odor
Analytics
$7.9M 1 Aryballe | $7.9M | Series C Link
45▲9
Digital Twin > Digital Twin Platforms > Products >
Multi-Industry
$7.4M 3 VEERUM | $7.4M | Series A Link
46--
Connected Vehicles > Connectivity Solutions >
Middleware Solutions
$7.3M 1 aptpod | $7.3M | Series C Link
47▲24
Connected Vehicles > Connected Motorcycles >
Collision Avoidance
$7.0M 1 Ride | $7.0M | Series A Link
48▲19 Connected Vehicles > Connected License Plate $6.6M 2 Reviver | $6.6M | Series B Link
49-- Smart Watches $6.6M 2 Matrix Indust.. | $6.6M | Series B Link
50▼48 Smart Parking Management $6.1M 4 AppyWay | $26.5M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Samsara (2015, United States)
$400M - Series F - May 2020
Luna (2019, Ireland)
$477K - Seed - Mar 2021
Telematics Based Fleet Management
01
9
Back to index
Connected Vehicles (Aeris)
(# Cos: 2041 | $6.8B)
Vehicle Telematics (KeepTruckin)
(# Cos: 928 | $2.4B)
Fleet Management (Samsara)
(# Cos: 311 | $1.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$400M (▼11%)
2(▼77.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
24
$1.6B
61
2
311
6
Samsara
(2015, United States, $930M)
KeepTruckin
(2013, United States, $228M)
Automile
(2013, United States, $56.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
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
Sensydia (2015, United States)
$4.1M - Series A - Aug 2020
Peerbridge He.. (2012, United States)
$2.7M - Series B - Aug 2020
Peerbridge He.. (2012, United States)
$394K - Series B - Apr 2020
Cortrium (2014, Denmark)
$31.5K - Series A - Sep 2020
Wearable Heart Monitors
02
10
Back to index
Wearable Technology (Oculus)
(# Cos: 4865 | $16.1B)
Health & Wellness Devices (Dexcom)
(# Cos: 1839 | $7.4B)
Cardiac (iRhythm Tech)
(# Cos: 208 | $876M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$161M (▼11.5%)
7(▼41.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$876M
89
1
208
9
iRhythm Tech
(2006, United States, $109M)
Sotera Wireless
(2004, United States, $156M)
Empatica
(2011, Italy, $5.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
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
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
Greenbird (2010, Norway)
$5.8M - Series B - Sep 2020
View all 13 Funding Rounds on Tracxn Platform
Smart Energy Management
03
11
Back to index
Smart Cities (Inrix)
(# Cos: 1241 | $5.3B)
Smart Utilities (Aclara Technologies)
(# Cos: 436 | $2.5B)
Energy Management (Landis+Gyr)
(# Cos: 213 | $1.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$139M (▲455%)
13(▲62.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$1.8B
81
3
213
12
Landis+Gyr
(1896, Switzerland, $1.0B)
Aclara Technologies
(1972, United States)
SparkMeter
(2013, United States, $26.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
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
Reviver (2012, United States)
$6.6M - Series B - Jul 2020
Reviver (2012, United States)
Undisclosed - Series B - Dec 2020
Smart Cities > Smart Mobility > Public
Transport Management
04
12
Back to index
Smart Cities (AtHoc)
(# Cos: 1241 | $5.3B)
Smart Mobility (Inrix)
(# Cos: 311 | $1.6B)
Public Transport Management (Optibus)
(# Cos: 31 | $242M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$114M (▲847%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$242M
19
2
31
5
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.
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
RxFunction (2010, United States)
$292K - Series B - Jan 2021
View all 8 Funding Rounds on Tracxn Platform
Wearables for Medical Rehabilitation
05
13
Back to index
Wearable Technology (Oculus)
(# Cos: 4865 | $16.1B)
Health & Wellness Devices (Dexcom)
(# Cos: 1839 | $7.4B)
Rehabilitation (HyperIce)
(# Cos: 70 | $235M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$104M (▲6877%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$235M
44
1
70
5
HyperIce
(2011, United States, $52.5M)
Somatix
(2015, United States, $14.3M)
Neofect
(2010, United States, $4.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
SmartRent (2017, United States)
$96.1M - Series C - May 2020
AlfaOne (2015, India)
$31.2K - Seed - Jan 2021
SmartRent (2017, United States)
Undisclosed - Series C - Mar 2021
Smart Homes > Home Automation
Controllers > Hubs
06
14
Back to index
Smart Homes (Ooma)
(# Cos: 2692 | $5.0B)
Home Automation Controllers (Peel)
(# Cos: 606 | $886M)
Hubs (SmartRent)
(# Cos: 310 | $626M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$96.1M (▲86%)
3(▼70%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$626M
82
1
310
8
SmartRent
(2017, United States, $138M)
Control4
(2003, United States, $56.2M)
SmartThings
(2012, United States, $27.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Otonomo (2015, Israel)
$46.0M - Series C - Apr 2020
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
ANYVERSE (2018, Spain)
$3.3M - Series A - Apr 2020
Enjoy Move (2018, China)
$1.4M - Seed - Apr 2020
View all 9 Funding Rounds on Tracxn Platform
Connected Vehicles > Connected Car
Platform > Data Platform
07
15
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Connected Car Platform (Aeris)
(# Cos: 171 | $1.1B)
Data Platform (Mojio)
(# Cos: 97 | $511M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$91.7M (▲687%)
9(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$511M
48
1
97
9
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.
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
Phantom (2016, United States)
$22.0M - Series A - Apr 2020
AIDriving (2011, China)
$14.4M - Series C - Aug 2020
Provizio (2019, Ireland)
$6.2M - Seed - Nov 2020
Potential Motors (2018, Canada)
$1.8M - Seed - May 2020
Eatron (2017, United Kingdom)
$1.3M - Seed - Jul 2020
Chu Hang Technology (2018, China)
Undisclosed - Series A - Apr 2020
ADAS
08
16
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Safety and Security (Netradyne)
(# Cos: 479 | $1.4B)
ADAS (Light)
(# Cos: 126 | $484M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$85.9M (▲191%)
7(▲40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$484M
61
-
126
9
Light
(2013, United States, $186M)
Pearl Auto
(2014, United States, $50.0M)
ESCORT
(1978, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
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
Earlens Corpo.. (2005, United States)
$12.2M - Series D - Apr 2020
Wearable Technology > Health & Wellness
Devices > Hearing Impairment
09
17
Back to index
Wearable Technology (Oculus)
(# Cos: 4865 | $16.1B)
Health & Wellness Devices (Dexcom)
(# Cos: 1839 | $7.4B)
Hearing Impairment (Eargo)
(# Cos: 55 | $745M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.3M (▲ >10K%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$745M
25
4
55
3
Eargo
(2010, United States, $217M)
Earlens Corporation
(2005, United States, $308M)
Widex
(1956, Denmark)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
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
Mimosa Diagnostics (2016, Canada)
Undisclosed - Seed - May 2020
Wearables for Diabetes Monitoring
10
18
Back to index
Wearable Technology (Oculus)
(# Cos: 4865 | $16.1B)
Health & Wellness Devices (Eargo)
(# Cos: 1839 | $7.4B)
Diabetes Monitoring (Dexcom)
(# Cos: 159 | $1.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$71.9M (▲21.2%)
6(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$1.4B
70
7
159
12
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.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin > Digital Twin Platforms > Products
> Smart Buildings
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$68.4M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$180M
7
-
14
2
Digital Twin (Aras)
(# Cos: 325 | $1.6B)
Digital Twin Platforms (Siemens)
(# Cos: 239 | $1.4B)
Products (Altair)
(# Cos: 203 | $1.2B)
Smart Buildings (Matterport)
(# Cos: 14 | $180M)
Matterport
(2011, United States, $163M)
PassiveLogic
(2014, United States, $16.0M)
Wia
(2015, United Kingdom, $920K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Matterport (2011, United States)
$52.4M - Series D - Jul 2020
PassiveLogic (2014, United States)
$16.0M - Series A - Jul 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Wearable Technology > Watches &
Trackers
12
20
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Watches & Trackers (Fitbit)
(# Cos: 912 | $2.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$60.0M ( -- )
11( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$2.0B
237
3
912
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
In&Motion (2014, France)
$12.0M - Series B - Dec 2020
JAXJOX (2016, United States)
$10.0M - Series A - Oct 2020
Q30 Innovations (2012, United States)
$9.3M - Series B - Sep 2020
Matrix Indust.. (2011, United States)
$6.6M - Series B - Jun 2020
Figur8 (2017, United States)
$6.2M - Series A - Nov 2020
View all 11 Funding Rounds on Tracxn Platform
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
DigiLens (2003, United States)
Undisclosed - Series C - Apr 2020
Automotive Heads-Up Display
13
21
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
In Vehicle Infotainment (Drivemode)
(# Cos: 250 | $827M)
Heads Up Display (DigiLens)
(# Cos: 49 | $377M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$56.5M (▲13%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$377M
18
-
49
3
DigiLens
(2003, United States, $149M)
EyeLights
(2016, France, $3.0M)
WayRay
(2012, Switzerland, $98.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin > Digital Twin Platforms > Products
> Construction
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$56.1M (▲519%)
6(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$86.5M
16
-
27
6
Digital Twin (Matterport)
(# Cos: 325 | $1.6B)
Digital Twin Platforms (Siemens)
(# Cos: 239 | $1.4B)
Products (Altair)
(# Cos: 203 | $1.2B)
Construction (SiteAware)
(# Cos: 27 | $86.5M)
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.
FJ Dynamics (2017, China)
$15.3M - Series A - Dec 2020
FJ Dynamics (2017, China)
$14.1M - Series A - May 2020
SiteAware (2015, United States)
$10.0M - Series A - Oct 2020
StructionSite (2016, United States)
$9.4M - Series A - May 2020
SenseHawk (2016, United States)
$5.1M - Series A - Sep 2020
Scanifly (2015, United States)
$2.3M - Seed - Jan 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Nexar (2015, Israel)
$52.0M - Series C - Apr 2020
Nextbase (1999, United Kingdom)
$12.6M - PE - Jul 2020
Connected Vehicles > Safety and
Security > Dash Cam
15
23
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Safety and Security (Netradyne)
(# Cos: 479 | $1.4B)
Dash Cam (Owl Cameras)
(# Cos: 136 | $144M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$52.0M (▲3012%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$144M
25
-
136
3
Owl Cameras
(2016, United States, $28.5M)
Nexar
(2015, Israel, $96.5M)
Nextbase
(1999, United Kingdom, $12.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Smart Glasses
16
24
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Smart Glasses (North)
(# Cos: 126 | $3.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$42.5M ( -- )
11( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$3.8B
67
1
126
13
North
(2012, Canada, $267M)
RealWear
(2016, United States, $103M)
Vuzix
(1997, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Magic Leap (2011, United States)
$350M - Series F - May 2020
Nreal (2017, China)
$40.0M - Series B - Sep 2020
Formovie (2016, China)
$28.8M - Series A - Aug 2020
Bright Field of Vision (2014, China)
$7.0M - Series B - May 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
View all 11 Funding Rounds on Tracxn Platform
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin Platforms for
Manufacturing
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$36.7M (▲4.5%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$514M
14
-
30
9
Digital Twin (Matterport)
(# Cos: 325 | $1.6B)
Digital Twin Platforms (Siemens)
(# Cos: 239 | $1.4B)
Products (Altair)
(# Cos: 203 | $1.2B)
Manufacturing (Aras)
(# Cos: 30 | $514M)
Aras
(2000, United States, $137M)
Fraunhofer
(1949, Germany, $13.6M)
Akselos
(2010, Switzerland, $12.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Seebo (2012, Israel)
$15.0M - Series B - Mar 2021
Fraunhofer (1949, Germany)
$9.7M - Series A - Dec 2020
Seebo (2012, Israel)
$9.0M - Series B - Jul 2020
Wizata (2014, Luxembourg)
$3.0M - Series A - Jun 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
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
Tatch (2017, United States)
$4.3M - Seed - Jun 2020
Zennea Technologies (2016, Canada)
$1.0M - Seed - Feb 2021
WhisperSom (2014, United States)
$100K - Seed - Dec 2020
Sleep Tech Wearables
18
26
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Health & Wellness Devices (Dexcom)
(# Cos: 1838 | $7.4B)
Sleep Monitoring (Oura)
(# Cos: 149 | $422M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$36.3M (▼35.4%)
6(▼14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$422M
62
1
149
10
Oura
(2013, Finland, $46.5M)
Nyxoah
(2009, Belgium, $88.7M)
Sana
(2015, United States, $13.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
IntelliSite (2016, United States)
$22.2M - Series B - Apr 2020
Urbint (2015, United States)
$20.0M - Series B - Jun 2020
ZenCity (2014, Israel)
$13.5M - Series B - Aug 2020
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
STAE (2015, United States)
$400K - Seed - Mar 2020
View all 10 Funding Rounds on Tracxn Platform
Smart Cities > Smart Governance >
Urban Data Platforms
19
27
Back to index
Smart Cities (Inrix)
(# Cos: 1241 | $5.3B)
Smart Governance (Mapillary)
(# Cos: 215 | $410M)
Urban Data Platforms (ZenCity)
(# Cos: 111 | $237M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$35.7M (▲1018%)
10(▲233%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$237M
47
-
111
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.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Neuroelectrics (2011, Spain)
$17.9M - Series B - Nov 2020
Freespira (2013, United States)
$10.0M - Series C - Oct 2020
Apollo Neuros.. (2017, United States)
$5.9M - Series A - Feb 2021
Hapbee (2004)
$4.8M - Series A - Jun 2020
MindLabs (2020, United Kingdom)
$1.8M - Seed - Oct 2020
Silentmode (2016, China)
$1.0M - Seed - Oct 2020
Moodbeam (2016, United Kingdom)
$579K - Series A - Oct 2020
View all 8 Funding Rounds on Tracxn Platform
Brain Sensing Headbands
20
28
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Health & Wellness Devices (Dexcom)
(# Cos: 1838 | $7.4B)
Mental Wellness (Muse)
(# Cos: 173 | $451M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$34.0M (▼17.7%)
8(▼38.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$451M
85
1
173
7
Muse
(2007, Canada, $41.6M)
Freespira
(2013, United States, $26.4M)
Neuronetics
(2001, United States, $178M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Smart Street Lighting
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$32.0M (▲39%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$353M
42
1
122
3
Smart Cities (Inrix)
(# Cos: 1241 | $5.3B)
Smart Utilities (Aclara Technologies)
(# Cos: 436 | $2.5B)
Energy Management (Landis+Gyr)
(# Cos: 213 | $1.8B)
Smart Street Lighting (Echelon)
(# Cos: 122 | $353M)
Echelon
(1988, United States, $16.0M)
Petra Systems
(2006, United States, $54.0M)
Sensity Systems
(2010, United States, $74.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ubicquia (2014, United States)
$30.0M - Series C - Sep 2020
Novaccess (2011, Switzerland)
$2.0M - Seed - Nov 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Sight Sciences (2006, United States)
$23.2M - Series E - Dec 2020
EyeGuide (2010, United States)
$25.0K - Seed - Jan 2021
Wearable Technology > Health &
Wellness Devices > Eyecare
22
30
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Health & Wellness Devices (Dexcom)
(# Cos: 1838 | $7.4B)
Eyecare (Ivantis)
(# Cos: 18 | $547M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$23.3M (▼61.9%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$547M
14
-
18
3
Ivantis
(2007, United States, $166M)
Sight Sciences
(2006, United States, $149M)
Transcend Medical
(2006, United States, $122M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Aurora Labs (2016, Israel)
$23.0M - Series B - Sep 2020
Connected Vehicles > Connected Car
Platform > OTA Platform
23
31
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Connected Car Platform (Aeris)
(# Cos: 171 | $1.1B)
OTA Platform (Red Bend)
(# Cos: 10 | $78.5M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$23.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$78.5M
6
1
10
1
Red Bend
(1999, Israel, $34.0M)
Aurora Labs
(2016, Israel, $34.1M)
Movimento
(2003, Sweden, $9.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Connected Vehicles > Safety and Security > Cabin
Monitoring > Driver Monitoring
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$22.2M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$318M
43
1
110
4
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Safety and Security (Owl Cameras)
(# Cos: 479 | $1.4B)
Cabin Monitoring (Nauto)
(# Cos: 126 | $332M)
Driver Monitoring (Netradyne)
(# Cos: 110 | $318M)
Netradyne
(2015, United States, $57.2M)
Nauto
(2015, United States, $183M)
Seeing Machines
(2001, Australia)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Netradyne (2015, United States)
$20.2M - Series B - Apr 2020
ADAM (2017, Israel)
$2.0M - Seed - Jun 2020
Shenzhen Tensor Techn.. (2017, China)
Undisclosed - Series A - Jun 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Element Analy.. (2014, United States)
$18.0M - Series B - Jun 2020
HarperDB (2017, United States)
$1.8M - Series A - Dec 2020
Alchemy (2017, Serbia)
$1.1M - Series A - Apr 2020
Seeq (2013, United States)
Undisclosed - Series B - Sep 2020
Database Management for Digital Twin
25
33
Back to index
Digital Twin (Altair)
(# Cos: 325 | $1.6B)
Development Tools (Esri)
(# Cos: 61 | $236M)
Asset Databases (Seeq)
(# Cos: 15 | $141M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$21.0M (▼25.7%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$141M
9
-
15
4
Seeq
(2013, United States, $79.8M)
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.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
One Concern (2015, United States)
$15.0M - Series B - Sep 2020
harbor (2017, United States)
$5.0M - Seed - Aug 2020
Smart Cities > Public Safety > Disaster
Management
26
34
Back to index
Smart Cities (Inrix)
(# Cos: 1241 | $5.3B)
Public Safety (Athena Security)
(# Cos: 46 | $107M)
Disaster Management (AtHoc)
(# Cos: 27 | $96.4M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$20.0M (▼46.7%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$96.4M
13
-
27
1
AtHoc
(1999, United States, $15.6M)
One Concern
(2015, United States, $71.6M)
Geospiza
(2017, United States, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Connected Vehicles > Vehicle Telematics > Usage Based
Insurance > Internet First Insurers
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$18.6M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$327M
13
-
42
2
Connected Vehicles (KeepTruckin)
(# Cos: 2041 | $6.8B)
Vehicle Telematics (Samsara)
(# Cos: 928 | $2.4B)
Usage Based Insurance (By Miles)
(# Cos: 107 | $338M)
Internet First Insurers (Metromile)
(# Cos: 42 | $327M)
Metromile
(2011, United States, $295M)
By Miles
(2016, United Kingdom, $26.7M)
Paydrive
(2013, Sweden, $670K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
By Miles (2016, United Kingdom)
$18.6M - Series B - May 2020
Metromile (2011, United States)
Undisclosed - Series E - Feb 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Smart Home Suite
28
36
Back to index
Smart Homes (Ooma)
(# Cos: 2692 | $5.0B)
Smart Home Suite (ADT)
(# Cos: 471 | $788M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$18.6M (▼86.3%)
5(▼44.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
21
$788M
76
8
471
7
ADT
(1874, United States, $24.1M)
Vivint
(1999, United States, $100M)
Nest
(2010, United States, $80.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Wyze (1998, United States)
$15.0M - Series A - May 2020
RemoteLock (2004, United States)
$3.6M - Series A - Sep 2020
UIOT (2011, China)
Undisclosed - Series C - Dec 2020
Shenzhen Feibi Electr.. (2010, China)
Undisclosed - Series A - Jan 2021
gmtech.top (2018)
Undisclosed - Series A - Mar 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
GyroGear (2015, United Kingdom)
$4.3M - Seed - Feb 2021
Nymbl Science (2014, United Kingdom)
$4.0M - Series A - Nov 2020
Nymbl Science (2014, United Kingdom)
$3.7M - Series A - Oct 2020
Mendi (2017, Sweden)
$3.6M - Series A - Nov 2020
SpeechVive (2011, United States)
$1.5M - Series A - Apr 2020
Wearable Technology > Health &
Wellness Devices > Neural
29
37
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Health & Wellness Devices (Dexcom)
(# Cos: 1838 | $7.4B)
Neural (BioSerenity)
(# Cos: 62 | $226M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$17.1M (▼87%)
5(▼28.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$226M
37
-
62
5
BioSerenity
(2013, France, $95.4M)
Cala Health
(2013, United States, $80.1M)
SpeechVive
(2011, United States, $3.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
IEVA (2016, France)
$13.8M - Series A - Jul 2020
ROAR for Good (2014, United States)
$2.7M - Series A - Feb 2021
Smart Jewelry
30
38
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Smart Clothing & Accessories (Siren)
(# Cos: 360 | $451M)
Smart Jewelry (Bellabeat)
(# Cos: 141 | $80.4M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$16.5M (▲470%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$80.4M
49
1
141
2
Bellabeat
(2012, United States, $18.8M)
ICARE Technologies
(2016, France, $3.0M)
ROAR for Good
(2014, United States, $2.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
JidouAuto (2014, China)
$15.5M - Series B - Feb 2021
Xona Space Sy.. (2019, United States)
$1.0M - Seed - May 2020
PATEO (2009, China)
Undisclosed - Series B - Oct 2020
PATEO (2009, China)
Undisclosed - Series B - Jul 2020
PATEO (2009, China)
Undisclosed - Series B - Apr 2020
PATEO (2009, China)
Undisclosed - Series A - Mar 2020
Infotainment System
31
39
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
In Vehicle Infotainment (Drivemode)
(# Cos: 250 | $827M)
Infotainment System (PATEO)
(# Cos: 108 | $226M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$16.5M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$226M
35
1
108
3
PATEO
(2009, China, $18.4M)
Rand McNally
(1856, United States)
Xona Space Systems
(2019, United States, $1.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Cybellum (2015, United States)
$12.0M - Series A - Jul 2020
Regulus Cyber (2016, Israel)
$4.0M - Series B - May 2020
Upstream Security (2017, Israel)
Undisclosed - Series B - Jun 2020
Connected Vehicles Cybersecurity
32
40
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Safety and Security (Netradyne)
(# Cos: 479 | $1.4B)
Cybersecurity (Argus Cyber Security)
(# Cos: 45 | $311M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$16.0M (▼75.2%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$311M
26
1
45
10
Argus Cyber Security
(2013, Israel, $30.0M)
Upstream Security
(2017, Israel, $41.0M)
GuardKnox
(2015, Israel, $24.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Edge Computing > Edge Servers
33
41
Back to index
Edge Computing (Fastly)
(# Cos: 127 | $1.5B)
Edge Servers (Stratus Technologies)
(# Cos: 6 | $19.6M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$15.2M (▲249%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$19.6M
3
1
6
1
Stratus Technologies
(1980, United States)
IEI
(1997, Taiwan)
Jiangxing Intelligent
(2018, China, $19.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Jiangxing Intelligent (2018, China)
$15.2M - Series A - Nov 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
GreenCom Networks (2011, Germany)
$14.4M - Series C - Dec 2020
IoT Solution.. (2018, United Kingdom)
$668K - Seed - Nov 2020
ATIVA Solutions (2004, Brazil)
Undisclosed - Seed - Oct 2020
Faclon (2015, India)
Undisclosed - Seed - Mar 2021
Smart Cities > Smart Utilities >
Diversified
34
42
Back to index
Smart Cities (Inrix)
(# Cos: 1241 | $5.3B)
Smart Utilities (Landis+Gyr)
(# Cos: 436 | $2.5B)
Diversified (GreenCom Networks)
(# Cos: 76 | $54.2M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$15.1M (▲27.9%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$54.2M
26
2
76
4
GreenCom Networks
(2011, Germany, $17.8M)
ZiFiSense
(2013, China, $11.4M)
Sensus
(1870, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Kinetic (2014, United States)
$10.3M - Series A - Nov 2020
MkuSafe (2016, United States)
$4.0M - Seed - Jul 2020
Reactec (2001, United Kingdom)
$873K - Seed - Jun 2020
GuardHat (2014, United States)
Undisclosed - Series B - Jan 2021
Workplace Safety Wearables
35
43
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Safety Devices (Kenzen)
(# Cos: 494 | $354M)
Workforce Safety (GuardHat)
(# Cos: 80 | $215M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$14.3M (▼61.3%)
4(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$215M
40
-
80
7
GuardHat
(2014, United States, $41.9M)
Kenzen
(2014, United States, $7.0M)
Reactec
(2001, United Kingdom, $1.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin > Digital Twin Platforms > Products
> Healthcare
36
44
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$13.5M (▲5074%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$19.0M
6
-
10
1
Digital Twin (Matterport)
(# Cos: 325 | $1.6B)
Digital Twin Platforms (Siemens)
(# Cos: 239 | $1.4B)
Products (Altair)
(# Cos: 203 | $1.2B)
Healthcare (Unlearn)
(# Cos: 10 | $19.0M)
Unlearn
(2017, United States, $17.0M)
Verto Health
(2017, Canada, $1.5M)
DARVIS
(2015, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Unlearn (2017, United States)
$12.0M - Series A - Apr 2020
Verto Health (2017, Canada)
$1.5M - Seed - Aug 2020
Unlearn (2017, United States)
Undisclosed - Series A - Nov 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Head Mounted Displays
37
45
Back to index
Wearable Technology (Fitbit)
(# Cos: 4864 | $16.1B)
Head Mounted Displays (Oculus)
(# Cos: 51 | $462M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$13.2M (▼80.3%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$462M
24
-
51
6
Oculus
(2012, United States, $91.0M)
Varjo
(2016, Finland, $100M)
Meta
(2012, United States, $83.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Varjo (2016, Finland)
$54.0M - Series C - Aug 2020
Mira (2016, United States)
$13.2M - Series A - Jul 2020
iQiyi Intelligent Tec.. (2016, China)
Undisclosed - Series B - Jan 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Connected Car Platform
38
46
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Connected Car Platform (Aeris)
(# Cos: 171 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.0M (▲243%)
11(▲37.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$1.1B
78
3
171
17
Aeris
(1992, United States, $29.0M)
Mojio
(2012, Canada, $80.6M)
Telenav
(1999, United States, $30.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Otonomo (2015, Israel)
$46.0M - Series C - Apr 2020
Aurora Labs (2016, Israel)
$23.0M - Series B - Sep 2020
Wejo (2013, United Kingdom)
$13.1M - Series B - Aug 2020
Sibros (2018, United States)
$12.0M - Series A - Jul 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
View all 11 Funding Rounds on Tracxn Platform
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin > Digital Twin Platforms > Products
> Automotive
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$12.0M (▼21%)
1(▼75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$31.6M
5
1
9
2
Digital Twin (Aras)
(# Cos: 325 | $1.6B)
Digital Twin Platforms (Matterport)
(# Cos: 239 | $1.4B)
Products (Altair)
(# Cos: 203 | $1.2B)
Automotive (Siemens)
(# Cos: 9 | $31.6M)
Siemens
(1847, Germany)
Cybellum
(2015, United States, $15.0M)
TWAICE
(2018, Germany, $15.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cybellum (2015, United States)
$12.0M - Series A - Jul 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Josh.ai (2015, United States)
$11.0M - Series A - Apr 2020
Smart Homes > Home Automation Controllers >
Voice Controllers
40
48
Back to index
Smart Homes (Ooma)
(# Cos: 2692 | $5.0B)
Home Automation Controllers (Peel)
(# Cos: 606 | $886M)
Voice Controllers (Sweepr)
(# Cos: 33 | $41.6M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$11.0M (▲400%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$41.6M
19
-
33
3
Sweepr
(2010, Ireland, $12.0M)
Josh.ai
(2015, United States, $22.0M)
Athom
(2014, Netherlands, $1.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Bidgely (2011, United States)
$8.0M - Series C - Sep 2020
Copper Labs (2012, United States)
$2.0M - Seed - Feb 2021
Wanzhisheng Technology (2017, China)
Undisclosed - Seed - Dec 2020
Energy Monitoring for Smart Homes
41
49
Back to index
Smart Homes (Ooma)
(# Cos: 2692 | $5.0B)
Energy and Utilities (Bidgely)
(# Cos: 187 | $346M)
Energy Consumption Monitoring
(Sense)
(# Cos: 106 | $260M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.0M (▼76.2%)
3(▼62.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$260M
47
-
106
6
Sense
(2013, United States, $69.9M)
Bidgely
(2011, United States, $59.6M)
Smappee
(2012, Belgium, $2.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Whoop (2011, United States)
$100M - Series E - Oct 2020
In&Motion (2014, France)
$12.0M - Series B - Dec 2020
JAXJOX (2016, United States)
$10.0M - Series A - Oct 2020
Q30 Innovations (2012, United States)
$9.3M - Series B - Sep 2020
Figur8 (2017, United States)
$6.2M - Series A - Nov 2020
PlayerData (2017, United Kingdom)
$934K - Seed - May 2020
OLIVER (2017, Spain)
$117K - Seed - Jul 2020
View all 8 Funding Rounds on Tracxn Platform
Fitness Trackers
42
50
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Watches & Trackers (Fitbit)
(# Cos: 912 | $2.0B)
Fitness Trackers (Whoop)
(# Cos: 575 | $1.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$10.0M (▲37.9%)
8(▼52.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$1.5B
183
1
575
13
Whoop
(2011, United States, $206M)
Jawbone
(1999, United States, $877M)
GOQii
(2014, India, $49.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Pet Wearables
43
51
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Pet Wearables (Stellapps)
(# Cos: 283 | $191M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$8.6M (▲8.6%)
9( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$191M
91
-
283
9
Stellapps
(2011, India, $19.0M)
Tractive Pet Tracker
(2012, Austria, $500K)
Fi
(2017, United States, $40.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fi (2017, United States)
$30.0M - Series B - Feb 2021
Vence (2016, United States)
$7.6M - Series A - Mar 2021
SwineTech (2015, United States)
$5.5M - Series A - Nov 2020
SwineTech (2015, United States)
$5.0M - Series A - Apr 2020
Herddogg (2013, United States)
$4.0M - Series A - Jan 2021
Herddogg (2013, United States)
$3.2M - Series A - Aug 2020
Dinbeat (2016, Spain)
$563K - Seed - Jun 2020
View all 9 Funding Rounds on Tracxn Platform
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Aryballe (2014, France)
$7.9M - Series C - Jul 2020
Connected Vehicles > Safety and
Security > Odor Analytics
44
52
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Safety and Security (Netradyne)
(# Cos: 479 | $1.4B)
Odor Analytics (Aryballe)
(# Cos: 1 | $19.2M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$7.9M (▲12.7%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$19.2M
1
-
1
1
Aryballe
(2014, France, $19.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin > Digital Twin Platforms > Products
> Multi-Industry
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$7.4M (▲178%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$369M
32
1
64
5
Digital Twin (Aras)
(# Cos: 325 | $1.6B)
Digital Twin Platforms (Matterport)
(# Cos: 239 | $1.4B)
Products (Siemens)
(# Cos: 203 | $1.2B)
Multi-Industry (Altair)
(# Cos: 64 | $369M)
Altair
(1985, United States, $60.1M)
NavVis
(2013, Germany, $43.7M)
LLamasoft
(1998, United States, $56.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
VEERUM (2014, Canada)
$7.4M - Series A - Feb 2021
Gudong Technology (2017, China)
Undisclosed - Series A - Jan 2021
Datavillage (2018, Belgium)
Undisclosed - Seed - Jan 2021
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
aptpod (2006, Japan)
$7.3M - Series C - Mar 2021
Connected Vehicles > Connectivity Solutions >
Middleware Solutions
46
54
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Connectivity Solutions (Icomera)
(# Cos: 46 | $383M)
Middleware Solutions (Valens)
(# Cos: 24 | $372M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$7.3M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$372M
12
-
24
3
Valens
(2006, Israel, $164M)
TTTech
(1998, Austria, $103M)
Excelfore
(2008, United States, $14.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Ride (2018, Israel)
$7.0M - Series A - Nov 2020
Connected Vehicles > Connected Motorcycles >
Collision Avoidance
47
55
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Connected Motorcycles (COBI.bike)
(# Cos: 75 | $50.4M)
Collision Avoidance (Ride)
(# Cos: 6 | $13.7M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$7.0M (▲1650%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$13.7M
5
-
6
1
Ride
(2018, Israel, $10.0M)
PREDINA
(2016, United Kingdom, $856K)
Detecht
(2018, Sweden, $400K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Connected Vehicles > Connected License
Plate
48
56
Back to index
Connected Vehicles (Samsara)
(# Cos: 2041 | $6.8B)
Connected License Plate (Reviver)
(# Cos: 1 | $26.3M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$6.6M (▲565%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$26.3M
1
-
1
1
Reviver
(2012, United States, $26.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Reviver (2012, United States)
$6.6M - Series B - Jul 2020
Reviver (2012, United States)
Undisclosed - Series B - Dec 2020
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Matrix Indust.. (2011, United States)
$6.6M - Series B - Jun 2020
Muse Wearables (2015, India)
$2.9M - Seed - Jul 2020
Smart Watches
49
57
Back to index
Wearable Technology (Oculus)
(# Cos: 4864 | $16.1B)
Watches & Trackers (Whoop)
(# Cos: 912 | $2.0B)
Smart Watches (Fitbit)
(# Cos: 272 | $368M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$6.6M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$368M
42
2
272
1
Fitbit
(2007, United States, $65.1M)
Mobvoi
(2012, China, $75.0M)
Huami
(2013, China, $35.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
AppyWay (2013, United Kingdom)
$26.5M - Series B - Sep 2020
Cleverciti (2010, Germany)
$5.6M - Series A - Oct 2020
VADE (2017, United States)
$500K - Seed - May 2020
IPS Group (1994, United States)
Undisclosed - Seed - Mar 2021
Smart Parking Management
50
58
Back to index
Smart Cities (AtHoc)
(# Cos: 1241 | $5.3B)
Smart Mobility (Inrix)
(# Cos: 311 | $1.6B)
Parking Management (AppyWay)
(# Cos: 129 | $765M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$6.1M (▼97.9%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$765M
49
-
129
5
AppyWay
(2013, United Kingdom, $40.7M)
Arrive
(2006, United States, $65.3M)
Streetline
(2005, United States, $59.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Internet of Things - Industry Applications - Top Business
Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Recent funding rounds
Investment Trends
Most Active Investors
Top Funded Business Models
Explore more on Tracxn
All Tech Companies
US Tech Companies
Online Travel Companies
Companies using AI in Healthcare
Companies founded by Stanford GSB Alumni
Soonicorn club in Fintech
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Key News in FinTech
Events in Bay Area
Angel Investors in United States
Bluebox
Companies Investment Activity
Miscellaneous
Company Detail Page of DoorDash
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Delhivery - Company Report
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59
Internet of Things - Industry Applications - Top Business
Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Explore other Reports on Tracxn
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Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
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Tracxn - Internet Of Things - Industry Applications - Top Business Models - Mar 2021

  • 1. TRACXN TOP BUSINESS MODELS REPORT March 25, 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 $2.4B Wearable Technology $1.7B Connected Vehicles $1.2B Smart Cities $563M Smart Homes $296M Digital Twin $226M Y-o-Y Funding Top Investors by Funding Rounds Seed Stage LetsVenture YourNest Techstars 2 2 2 Early Stage BDC Ajax Strategies Mercia 4 4 3 Late Stage Bessemer Venture Partners New Enterprise Associates Lightspeed Venture Partners 4 4 3 Funding by Geography Top Feeds by $ Funding Top Funding Rounds United States (57%) China (11%) Israel (10%) Canada (8%) United Kingdom (3%) Germany (2%) France (2%) Others (7%) $ Funding # Rounds Samsara (2015, United States) $400M - Series F Amp (2009, Canada) $374M - PE Magic Leap (2011, United States) $350M - Series F ECARX Technology (2016, China) $200M - Series A ECARX Technology (2016, China) $194M - Series A Preventice Solutions (2004, United States) $137M - Series B Optibus (2014, Israel) $107M - Series C Whoop (2011, United States) $100M - Series E Axonius (2017, Israel) $100M - Series D SmartRent (2017, United States) $96.1M - Series C Conformal Medical (2016, United States) $85.0M - Series C Eargo (2010, United States) $81.6M - Series E
  • 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<> 0 Telematics Based Fleet Management $400M 2 Samsara | $400M | Series F Link 2▲2 Wearable Heart Monitors $161M 7 Preventice So.. | $137M | Series B Link 3▲24 Smart Energy Management $139M 13 Turntide | $80.0M | Series C Link 4▲28 Smart Cities > Smart Mobility > Public Transport Management $114M 3 Optibus | $107M | Series C Link 5▲57 Wearables for Medical Rehabilitation $104M 8 Conformal Me.. | $85.0M | Series C Link 6▲8 Smart Homes > Home Automation Controllers > Hubs $96.1M 3 SmartRent | $96.1M | Series C Link 7▲27 Connected Vehicles > Connected Car Platform > Data Platform $91.7M 9 Otonomo | $46.0M | Series C Link 8▲16 ADAS $85.9M 7 MINIEYE | $40.2M | Series C Link 9▲65 Wearable Technology > Health & Wellness Devices > Hearing Impairment $80.3M 4 Eargo | $81.6M | Series E Link 10▲1 Wearables for Diabetes Monitoring $71.9M 6 One Drop | $34.7M | Series C 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-- Digital Twin > Digital Twin Platforms > Products > Smart Buildings $68.4M 2 Matterport | $52.4M | Series D Link 12-- Wearable Technology > Watches & Trackers $60.0M 11 Whoop | $100M | Series E Link 13▲2 Automotive Heads-Up Display $56.5M 4 Envisics | $50.0M | Series B Link 14▲22 Digital Twin > Digital Twin Platforms > Products > Construction $56.1M 6 FJ Dynamics | $15.3M | Series A Link 15▲45 Connected Vehicles > Safety and Security > Dash Cam $52.0M 2 Nexar | $52.0M | Series C Link 16-- Smart Glasses $42.5M 11 Magic Leap | $350M | Series F Link 17▲5 Digital Twin Platforms for Manufacturing $36.7M 4 Seebo | $15.0M | Series B Link 18▼6 Sleep Tech Wearables $36.3M 6 KeePAP | $15.1M | Series C Link 19▲32 Smart Cities > Smart Governance > Urban Data Platforms $35.7M 10 IntelliSite | $22.2M | Series B Link 20▼2 Brain Sensing Headbands $34.0M 8 Neuroelectrics | $17.9M | 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▲7 Smart Street Lighting $32.0M 2 Ubicquia | $30.0M | Series C Link 22▼12 Wearable Technology > Health & Wellness Devices > Eyecare $23.3M 2 Sight Sciences | $23.2M | Series E Link 23-- Connected Vehicles > Connected Car Platform > OTA Platform $23.0M 1 Aurora Labs | $23.0M | Series B Link 24-- Connected Vehicles > Safety and Security > Cabin Monitoring > Driver Monitoring $22.2M 3 Netradyne | $20.2M | Series B Link 25<> 0 Database Management for Digital Twin $21.0M 4 Element Anal.. | $18.0M | Series B Link 26▼6 Smart Cities > Public Safety > Disaster Management $20.0M 2 One Concern | $15.0M | Series B Link 27-- Connected Vehicles > Vehicle Telematics > Usage Based Insurance > Internet First Insurers $18.6M 2 By Miles | $18.6M | Series B Link 28▼23 Smart Home Suite $18.6M 5 Wyze | $15.0M | Series A Link 29▼23 Wearable Technology > Health & Wellness Devices > Neural $17.1M 5 GyroGear | $4.3M | Seed Link 30▲22 Smart Jewelry $16.5M 2 IEVA | $13.8M | Series A 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-- Infotainment System $16.5M 6 JidouAuto | $15.5M | Series B Link 32▼23 Connected Vehicles Cybersecurity $16.0M 3 Cybellum | $12.0M | Series A Link 33▲12 Edge Computing > Edge Servers $15.2M 1 Jiangxing In.. | $15.2M | Series A Link 34▼1 Smart Cities > Smart Utilities > Diversified $15.1M 4 GreenCom Net.. | $14.4M | Series C Link 35▼14 Workplace Safety Wearables $14.3M 4 Kinetic | $10.3M | Series A Link 36▲39 Digital Twin > Digital Twin Platforms > Products > Healthcare $13.5M 3 Unlearn | $12.0M | Series A Link 37▼29 Head Mounted Displays $13.2M 3 Varjo | $54.0M | Series C Link 38▲11 Connected Car Platform $12.0M 11 Otonomo | $46.0M | Series C Link 39▼9 Digital Twin > Digital Twin Platforms > Products > Automotive $12.0M 1 Cybellum | $12.0M | Series A Link 40▲18 Smart Homes > Home Automation Controllers > Voice Controllers $11.0M 1 Josh.ai | $11.0M | Series A 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▼24 Energy Monitoring for Smart Homes $10.0M 3 Bidgely | $8.0M | Series C Link 42▼1 Fitness Trackers $10.0M 8 Whoop | $100M | Series E Link 43▼6 Pet Wearables $8.6M 9 Fi | $30.0M | Series B Link 44▼2 Connected Vehicles > Safety and Security > Odor Analytics $7.9M 1 Aryballe | $7.9M | Series C Link 45▲9 Digital Twin > Digital Twin Platforms > Products > Multi-Industry $7.4M 3 VEERUM | $7.4M | Series A Link 46-- Connected Vehicles > Connectivity Solutions > Middleware Solutions $7.3M 1 aptpod | $7.3M | Series C Link 47▲24 Connected Vehicles > Connected Motorcycles > Collision Avoidance $7.0M 1 Ride | $7.0M | Series A Link 48▲19 Connected Vehicles > Connected License Plate $6.6M 2 Reviver | $6.6M | Series B Link 49-- Smart Watches $6.6M 2 Matrix Indust.. | $6.6M | Series B Link 50▼48 Smart Parking Management $6.1M 4 AppyWay | $26.5M | 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 Samsara (2015, United States) $400M - Series F - May 2020 Luna (2019, Ireland) $477K - Seed - Mar 2021 Telematics Based Fleet Management 01 9 Back to index Connected Vehicles (Aeris) (# Cos: 2041 | $6.8B) Vehicle Telematics (KeepTruckin) (# Cos: 928 | $2.4B) Fleet Management (Samsara) (# Cos: 311 | $1.6B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $400M (▼11%) 2(▼77.8%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 24 $1.6B 61 2 311 6 Samsara (2015, United States, $930M) KeepTruckin (2013, United States, $228M) Automile (2013, United States, $56.2M) 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 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 Sensydia (2015, United States) $4.1M - Series A - Aug 2020 Peerbridge He.. (2012, United States) $2.7M - Series B - Aug 2020 Peerbridge He.. (2012, United States) $394K - Series B - Apr 2020 Cortrium (2014, Denmark) $31.5K - Series A - Sep 2020 Wearable Heart Monitors 02 10 Back to index Wearable Technology (Oculus) (# Cos: 4865 | $16.1B) Health & Wellness Devices (Dexcom) (# Cos: 1839 | $7.4B) Cardiac (iRhythm Tech) (# Cos: 208 | $876M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $161M (▼11.5%) 7(▼41.7%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 12 $876M 89 1 208 9 iRhythm Tech (2006, United States, $109M) Sotera Wireless (2004, United States, $156M) Empatica (2011, Italy, $5.0M) 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 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 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 Greenbird (2010, Norway) $5.8M - Series B - Sep 2020 View all 13 Funding Rounds on Tracxn Platform Smart Energy Management 03 11 Back to index Smart Cities (Inrix) (# Cos: 1241 | $5.3B) Smart Utilities (Aclara Technologies) (# Cos: 436 | $2.5B) Energy Management (Landis+Gyr) (# Cos: 213 | $1.8B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $139M (▲455%) 13(▲62.5%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 13 $1.8B 81 3 213 12 Landis+Gyr (1896, Switzerland, $1.0B) Aclara Technologies (1972, United States) SparkMeter (2013, United States, $26.6M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 12. 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 Reviver (2012, United States) $6.6M - Series B - Jul 2020 Reviver (2012, United States) Undisclosed - Series B - Dec 2020 Smart Cities > Smart Mobility > Public Transport Management 04 12 Back to index Smart Cities (AtHoc) (# Cos: 1241 | $5.3B) Smart Mobility (Inrix) (# Cos: 311 | $1.6B) Public Transport Management (Optibus) (# Cos: 31 | $242M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $114M (▲847%) 3(▼25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $242M 19 2 31 5 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.
  • 13. 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 RxFunction (2010, United States) $292K - Series B - Jan 2021 View all 8 Funding Rounds on Tracxn Platform Wearables for Medical Rehabilitation 05 13 Back to index Wearable Technology (Oculus) (# Cos: 4865 | $16.1B) Health & Wellness Devices (Dexcom) (# Cos: 1839 | $7.4B) Rehabilitation (HyperIce) (# Cos: 70 | $235M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $104M (▲6877%) 8(▲60%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $235M 44 1 70 5 HyperIce (2011, United States, $52.5M) Somatix (2015, United States, $14.3M) Neofect (2010, United States, $4.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds SmartRent (2017, United States) $96.1M - Series C - May 2020 AlfaOne (2015, India) $31.2K - Seed - Jan 2021 SmartRent (2017, United States) Undisclosed - Series C - Mar 2021 Smart Homes > Home Automation Controllers > Hubs 06 14 Back to index Smart Homes (Ooma) (# Cos: 2692 | $5.0B) Home Automation Controllers (Peel) (# Cos: 606 | $886M) Hubs (SmartRent) (# Cos: 310 | $626M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $96.1M (▲86%) 3(▼70%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 17 $626M 82 1 310 8 SmartRent (2017, United States, $138M) Control4 (2003, United States, $56.2M) SmartThings (2012, United States, $27.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Otonomo (2015, Israel) $46.0M - Series C - Apr 2020 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 ANYVERSE (2018, Spain) $3.3M - Series A - Apr 2020 Enjoy Move (2018, China) $1.4M - Seed - Apr 2020 View all 9 Funding Rounds on Tracxn Platform Connected Vehicles > Connected Car Platform > Data Platform 07 15 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Connected Car Platform (Aeris) (# Cos: 171 | $1.1B) Data Platform (Mojio) (# Cos: 97 | $511M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $91.7M (▲687%) 9(▲50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 6 $511M 48 1 97 9 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.
  • 16. 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 Phantom (2016, United States) $22.0M - Series A - Apr 2020 AIDriving (2011, China) $14.4M - Series C - Aug 2020 Provizio (2019, Ireland) $6.2M - Seed - Nov 2020 Potential Motors (2018, Canada) $1.8M - Seed - May 2020 Eatron (2017, United Kingdom) $1.3M - Seed - Jul 2020 Chu Hang Technology (2018, China) Undisclosed - Series A - Apr 2020 ADAS 08 16 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Safety and Security (Netradyne) (# Cos: 479 | $1.4B) ADAS (Light) (# Cos: 126 | $484M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $85.9M (▲191%) 7(▲40%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 7 $484M 61 - 126 9 Light (2013, United States, $186M) Pearl Auto (2014, United States, $50.0M) ESCORT (1978, United States) 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 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 Earlens Corpo.. (2005, United States) $12.2M - Series D - Apr 2020 Wearable Technology > Health & Wellness Devices > Hearing Impairment 09 17 Back to index Wearable Technology (Oculus) (# Cos: 4865 | $16.1B) Health & Wellness Devices (Dexcom) (# Cos: 1839 | $7.4B) Hearing Impairment (Eargo) (# Cos: 55 | $745M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $80.3M (▲ >10K%) 4(▲300%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 5 $745M 25 4 55 3 Eargo (2010, United States, $217M) Earlens Corporation (2005, United States, $308M) Widex (1956, Denmark) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 18. 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 Mimosa Diagnostics (2016, Canada) Undisclosed - Seed - May 2020 Wearables for Diabetes Monitoring 10 18 Back to index Wearable Technology (Oculus) (# Cos: 4865 | $16.1B) Health & Wellness Devices (Eargo) (# Cos: 1839 | $7.4B) Diabetes Monitoring (Dexcom) (# Cos: 159 | $1.4B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $71.9M (▲21.2%) 6(▼25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 11 $1.4B 70 7 159 12 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.
  • 19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Digital Twin > Digital Twin Platforms > Products > Smart Buildings 11 19 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $68.4M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $180M 7 - 14 2 Digital Twin (Aras) (# Cos: 325 | $1.6B) Digital Twin Platforms (Siemens) (# Cos: 239 | $1.4B) Products (Altair) (# Cos: 203 | $1.2B) Smart Buildings (Matterport) (# Cos: 14 | $180M) Matterport (2011, United States, $163M) PassiveLogic (2014, United States, $16.0M) Wia (2015, United Kingdom, $920K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Matterport (2011, United States) $52.4M - Series D - Jul 2020 PassiveLogic (2014, United States) $16.0M - Series A - Jul 2020
  • 20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Wearable Technology > Watches & Trackers 12 20 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Watches & Trackers (Fitbit) (# Cos: 912 | $2.0B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $60.0M ( -- ) 11( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 23 $2.0B 237 3 912 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 In&Motion (2014, France) $12.0M - Series B - Dec 2020 JAXJOX (2016, United States) $10.0M - Series A - Oct 2020 Q30 Innovations (2012, United States) $9.3M - Series B - Sep 2020 Matrix Indust.. (2011, United States) $6.6M - Series B - Jun 2020 Figur8 (2017, United States) $6.2M - Series A - Nov 2020 View all 11 Funding Rounds on Tracxn Platform
  • 21. 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 DigiLens (2003, United States) Undisclosed - Series C - Apr 2020 Automotive Heads-Up Display 13 21 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) In Vehicle Infotainment (Drivemode) (# Cos: 250 | $827M) Heads Up Display (DigiLens) (# Cos: 49 | $377M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $56.5M (▲13%) 4(▲300%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $377M 18 - 49 3 DigiLens (2003, United States, $149M) EyeLights (2016, France, $3.0M) WayRay (2012, Switzerland, $98.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Digital Twin > Digital Twin Platforms > Products > Construction 14 22 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $56.1M (▲519%) 6(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $86.5M 16 - 27 6 Digital Twin (Matterport) (# Cos: 325 | $1.6B) Digital Twin Platforms (Siemens) (# Cos: 239 | $1.4B) Products (Altair) (# Cos: 203 | $1.2B) Construction (SiteAware) (# Cos: 27 | $86.5M) 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. FJ Dynamics (2017, China) $15.3M - Series A - Dec 2020 FJ Dynamics (2017, China) $14.1M - Series A - May 2020 SiteAware (2015, United States) $10.0M - Series A - Oct 2020 StructionSite (2016, United States) $9.4M - Series A - May 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 Nexar (2015, Israel) $52.0M - Series C - Apr 2020 Nextbase (1999, United Kingdom) $12.6M - PE - Jul 2020 Connected Vehicles > Safety and Security > Dash Cam 15 23 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Safety and Security (Netradyne) (# Cos: 479 | $1.4B) Dash Cam (Owl Cameras) (# Cos: 136 | $144M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $52.0M (▲3012%) 2(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $144M 25 - 136 3 Owl Cameras (2016, United States, $28.5M) Nexar (2015, Israel, $96.5M) Nextbase (1999, United Kingdom, $12.6M) 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 Smart Glasses 16 24 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Smart Glasses (North) (# Cos: 126 | $3.8B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $42.5M ( -- ) 11( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $3.8B 67 1 126 13 North (2012, Canada, $267M) RealWear (2016, United States, $103M) Vuzix (1997, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Magic Leap (2011, United States) $350M - Series F - May 2020 Nreal (2017, China) $40.0M - Series B - Sep 2020 Formovie (2016, China) $28.8M - Series A - Aug 2020 Bright Field of Vision (2014, China) $7.0M - Series B - May 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 View all 11 Funding Rounds on Tracxn Platform
  • 25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Digital Twin Platforms for Manufacturing 17 25 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $36.7M (▲4.5%) 4(▲33.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $514M 14 - 30 9 Digital Twin (Matterport) (# Cos: 325 | $1.6B) Digital Twin Platforms (Siemens) (# Cos: 239 | $1.4B) Products (Altair) (# Cos: 203 | $1.2B) Manufacturing (Aras) (# Cos: 30 | $514M) Aras (2000, United States, $137M) Fraunhofer (1949, Germany, $13.6M) Akselos (2010, Switzerland, $12.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Seebo (2012, Israel) $15.0M - Series B - Mar 2021 Fraunhofer (1949, Germany) $9.7M - Series A - Dec 2020 Seebo (2012, Israel) $9.0M - Series B - Jul 2020 Wizata (2014, Luxembourg) $3.0M - Series A - Jun 2020
  • 26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds 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 Tatch (2017, United States) $4.3M - Seed - Jun 2020 Zennea Technologies (2016, Canada) $1.0M - Seed - Feb 2021 WhisperSom (2014, United States) $100K - Seed - Dec 2020 Sleep Tech Wearables 18 26 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Health & Wellness Devices (Dexcom) (# Cos: 1838 | $7.4B) Sleep Monitoring (Oura) (# Cos: 149 | $422M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $36.3M (▼35.4%) 6(▼14.3%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $422M 62 1 149 10 Oura (2013, Finland, $46.5M) Nyxoah (2009, Belgium, $88.7M) Sana (2015, United States, $13.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds IntelliSite (2016, United States) $22.2M - Series B - Apr 2020 Urbint (2015, United States) $20.0M - Series B - Jun 2020 ZenCity (2014, Israel) $13.5M - Series B - Aug 2020 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 STAE (2015, United States) $400K - Seed - Mar 2020 View all 10 Funding Rounds on Tracxn Platform Smart Cities > Smart Governance > Urban Data Platforms 19 27 Back to index Smart Cities (Inrix) (# Cos: 1241 | $5.3B) Smart Governance (Mapillary) (# Cos: 215 | $410M) Urban Data Platforms (ZenCity) (# Cos: 111 | $237M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $35.7M (▲1018%) 10(▲233%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $237M 47 - 111 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.
  • 28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Neuroelectrics (2011, Spain) $17.9M - Series B - Nov 2020 Freespira (2013, United States) $10.0M - Series C - Oct 2020 Apollo Neuros.. (2017, United States) $5.9M - Series A - Feb 2021 Hapbee (2004) $4.8M - Series A - Jun 2020 MindLabs (2020, United Kingdom) $1.8M - Seed - Oct 2020 Silentmode (2016, China) $1.0M - Seed - Oct 2020 Moodbeam (2016, United Kingdom) $579K - Series A - Oct 2020 View all 8 Funding Rounds on Tracxn Platform Brain Sensing Headbands 20 28 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Health & Wellness Devices (Dexcom) (# Cos: 1838 | $7.4B) Mental Wellness (Muse) (# Cos: 173 | $451M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $34.0M (▼17.7%) 8(▼38.5%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $451M 85 1 173 7 Muse (2007, Canada, $41.6M) Freespira (2013, United States, $26.4M) Neuronetics (2001, United States, $178M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Smart Street Lighting 21 29 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $32.0M (▲39%) 2(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 9 $353M 42 1 122 3 Smart Cities (Inrix) (# Cos: 1241 | $5.3B) Smart Utilities (Aclara Technologies) (# Cos: 436 | $2.5B) Energy Management (Landis+Gyr) (# Cos: 213 | $1.8B) Smart Street Lighting (Echelon) (# Cos: 122 | $353M) Echelon (1988, United States, $16.0M) Petra Systems (2006, United States, $54.0M) Sensity Systems (2010, United States, $74.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Ubicquia (2014, United States) $30.0M - Series C - Sep 2020 Novaccess (2011, Switzerland) $2.0M - Seed - Nov 2020
  • 30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Sight Sciences (2006, United States) $23.2M - Series E - Dec 2020 EyeGuide (2010, United States) $25.0K - Seed - Jan 2021 Wearable Technology > Health & Wellness Devices > Eyecare 22 30 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Health & Wellness Devices (Dexcom) (# Cos: 1838 | $7.4B) Eyecare (Ivantis) (# Cos: 18 | $547M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $23.3M (▼61.9%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $547M 14 - 18 3 Ivantis (2007, United States, $166M) Sight Sciences (2006, United States, $149M) Transcend Medical (2006, United States, $122M) 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 Aurora Labs (2016, Israel) $23.0M - Series B - Sep 2020 Connected Vehicles > Connected Car Platform > OTA Platform 23 31 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Connected Car Platform (Aeris) (# Cos: 171 | $1.1B) OTA Platform (Red Bend) (# Cos: 10 | $78.5M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $23.0M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 6 $78.5M 6 1 10 1 Red Bend (1999, Israel, $34.0M) Aurora Labs (2016, Israel, $34.1M) Movimento (2003, Sweden, $9.6M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Connected Vehicles > Safety and Security > Cabin Monitoring > Driver Monitoring 24 32 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $22.2M ( -- ) 3( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $318M 43 1 110 4 Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Safety and Security (Owl Cameras) (# Cos: 479 | $1.4B) Cabin Monitoring (Nauto) (# Cos: 126 | $332M) Driver Monitoring (Netradyne) (# Cos: 110 | $318M) Netradyne (2015, United States, $57.2M) Nauto (2015, United States, $183M) Seeing Machines (2001, Australia) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Netradyne (2015, United States) $20.2M - Series B - Apr 2020 ADAM (2017, Israel) $2.0M - Seed - Jun 2020 Shenzhen Tensor Techn.. (2017, China) Undisclosed - Series A - Jun 2020
  • 33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Element Analy.. (2014, United States) $18.0M - Series B - Jun 2020 HarperDB (2017, United States) $1.8M - Series A - Dec 2020 Alchemy (2017, Serbia) $1.1M - Series A - Apr 2020 Seeq (2013, United States) Undisclosed - Series B - Sep 2020 Database Management for Digital Twin 25 33 Back to index Digital Twin (Altair) (# Cos: 325 | $1.6B) Development Tools (Esri) (# Cos: 61 | $236M) Asset Databases (Seeq) (# Cos: 15 | $141M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $21.0M (▼25.7%) 4(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $141M 9 - 15 4 Seeq (2013, United States, $79.8M) 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.
  • 34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds One Concern (2015, United States) $15.0M - Series B - Sep 2020 harbor (2017, United States) $5.0M - Seed - Aug 2020 Smart Cities > Public Safety > Disaster Management 26 34 Back to index Smart Cities (Inrix) (# Cos: 1241 | $5.3B) Public Safety (Athena Security) (# Cos: 46 | $107M) Disaster Management (AtHoc) (# Cos: 27 | $96.4M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $20.0M (▼46.7%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $96.4M 13 - 27 1 AtHoc (1999, United States, $15.6M) One Concern (2015, United States, $71.6M) Geospiza (2017, United States, $1.2M) 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 Connected Vehicles > Vehicle Telematics > Usage Based Insurance > Internet First Insurers 27 35 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $18.6M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $327M 13 - 42 2 Connected Vehicles (KeepTruckin) (# Cos: 2041 | $6.8B) Vehicle Telematics (Samsara) (# Cos: 928 | $2.4B) Usage Based Insurance (By Miles) (# Cos: 107 | $338M) Internet First Insurers (Metromile) (# Cos: 42 | $327M) Metromile (2011, United States, $295M) By Miles (2016, United Kingdom, $26.7M) Paydrive (2013, Sweden, $670K) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. By Miles (2016, United Kingdom) $18.6M - Series B - May 2020 Metromile (2011, United States) Undisclosed - Series E - Feb 2021
  • 36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Smart Home Suite 28 36 Back to index Smart Homes (Ooma) (# Cos: 2692 | $5.0B) Smart Home Suite (ADT) (# Cos: 471 | $788M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $18.6M (▼86.3%) 5(▼44.4%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 21 $788M 76 8 471 7 ADT (1874, United States, $24.1M) Vivint (1999, United States, $100M) Nest (2010, United States, $80.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Wyze (1998, United States) $15.0M - Series A - May 2020 RemoteLock (2004, United States) $3.6M - Series A - Sep 2020 UIOT (2011, China) Undisclosed - Series C - Dec 2020 Shenzhen Feibi Electr.. (2010, China) Undisclosed - Series A - Jan 2021 gmtech.top (2018) Undisclosed - Series A - Mar 2021
  • 37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds GyroGear (2015, United Kingdom) $4.3M - Seed - Feb 2021 Nymbl Science (2014, United Kingdom) $4.0M - Series A - Nov 2020 Nymbl Science (2014, United Kingdom) $3.7M - Series A - Oct 2020 Mendi (2017, Sweden) $3.6M - Series A - Nov 2020 SpeechVive (2011, United States) $1.5M - Series A - Apr 2020 Wearable Technology > Health & Wellness Devices > Neural 29 37 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Health & Wellness Devices (Dexcom) (# Cos: 1838 | $7.4B) Neural (BioSerenity) (# Cos: 62 | $226M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $17.1M (▼87%) 5(▼28.6%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $226M 37 - 62 5 BioSerenity (2013, France, $95.4M) Cala Health (2013, United States, $80.1M) SpeechVive (2011, United States, $3.2M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds IEVA (2016, France) $13.8M - Series A - Jul 2020 ROAR for Good (2014, United States) $2.7M - Series A - Feb 2021 Smart Jewelry 30 38 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Smart Clothing & Accessories (Siren) (# Cos: 360 | $451M) Smart Jewelry (Bellabeat) (# Cos: 141 | $80.4M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $16.5M (▲470%) 2( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $80.4M 49 1 141 2 Bellabeat (2012, United States, $18.8M) ICARE Technologies (2016, France, $3.0M) ROAR for Good (2014, United States, $2.9M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds JidouAuto (2014, China) $15.5M - Series B - Feb 2021 Xona Space Sy.. (2019, United States) $1.0M - Seed - May 2020 PATEO (2009, China) Undisclosed - Series B - Oct 2020 PATEO (2009, China) Undisclosed - Series B - Jul 2020 PATEO (2009, China) Undisclosed - Series B - Apr 2020 PATEO (2009, China) Undisclosed - Series A - Mar 2020 Infotainment System 31 39 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) In Vehicle Infotainment (Drivemode) (# Cos: 250 | $827M) Infotainment System (PATEO) (# Cos: 108 | $226M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $16.5M ( -- ) 6( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $226M 35 1 108 3 PATEO (2009, China, $18.4M) Rand McNally (1856, United States) Xona Space Systems (2019, United States, $1.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Cybellum (2015, United States) $12.0M - Series A - Jul 2020 Regulus Cyber (2016, Israel) $4.0M - Series B - May 2020 Upstream Security (2017, Israel) Undisclosed - Series B - Jun 2020 Connected Vehicles Cybersecurity 32 40 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Safety and Security (Netradyne) (# Cos: 479 | $1.4B) Cybersecurity (Argus Cyber Security) (# Cos: 45 | $311M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $16.0M (▼75.2%) 3(▼40%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 11 $311M 26 1 45 10 Argus Cyber Security (2013, Israel, $30.0M) Upstream Security (2017, Israel, $41.0M) GuardKnox (2015, Israel, $24.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Edge Computing > Edge Servers 33 41 Back to index Edge Computing (Fastly) (# Cos: 127 | $1.5B) Edge Servers (Stratus Technologies) (# Cos: 6 | $19.6M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $15.2M (▲249%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 1 $19.6M 3 1 6 1 Stratus Technologies (1980, United States) IEI (1997, Taiwan) Jiangxing Intelligent (2018, China, $19.6M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Jiangxing Intelligent (2018, China) $15.2M - Series A - Nov 2020
  • 42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds GreenCom Networks (2011, Germany) $14.4M - Series C - Dec 2020 IoT Solution.. (2018, United Kingdom) $668K - Seed - Nov 2020 ATIVA Solutions (2004, Brazil) Undisclosed - Seed - Oct 2020 Faclon (2015, India) Undisclosed - Seed - Mar 2021 Smart Cities > Smart Utilities > Diversified 34 42 Back to index Smart Cities (Inrix) (# Cos: 1241 | $5.3B) Smart Utilities (Landis+Gyr) (# Cos: 436 | $2.5B) Diversified (GreenCom Networks) (# Cos: 76 | $54.2M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $15.1M (▲27.9%) 4( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 5 $54.2M 26 2 76 4 GreenCom Networks (2011, Germany, $17.8M) ZiFiSense (2013, China, $11.4M) Sensus (1870, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Kinetic (2014, United States) $10.3M - Series A - Nov 2020 MkuSafe (2016, United States) $4.0M - Seed - Jul 2020 Reactec (2001, United Kingdom) $873K - Seed - Jun 2020 GuardHat (2014, United States) Undisclosed - Series B - Jan 2021 Workplace Safety Wearables 35 43 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Safety Devices (Kenzen) (# Cos: 494 | $354M) Workforce Safety (GuardHat) (# Cos: 80 | $215M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $14.3M (▼61.3%) 4(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 3 $215M 40 - 80 7 GuardHat (2014, United States, $41.9M) Kenzen (2014, United States, $7.0M) Reactec (2001, United Kingdom, $1.8M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Digital Twin > Digital Twin Platforms > Products > Healthcare 36 44 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $13.5M (▲5074%) 3(▲200%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $19.0M 6 - 10 1 Digital Twin (Matterport) (# Cos: 325 | $1.6B) Digital Twin Platforms (Siemens) (# Cos: 239 | $1.4B) Products (Altair) (# Cos: 203 | $1.2B) Healthcare (Unlearn) (# Cos: 10 | $19.0M) Unlearn (2017, United States, $17.0M) Verto Health (2017, Canada, $1.5M) DARVIS (2015, United States) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Unlearn (2017, United States) $12.0M - Series A - Apr 2020 Verto Health (2017, Canada) $1.5M - Seed - Aug 2020 Unlearn (2017, United States) Undisclosed - Series A - Nov 2020
  • 45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Head Mounted Displays 37 45 Back to index Wearable Technology (Fitbit) (# Cos: 4864 | $16.1B) Head Mounted Displays (Oculus) (# Cos: 51 | $462M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $13.2M (▼80.3%) 3(▼25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $462M 24 - 51 6 Oculus (2012, United States, $91.0M) Varjo (2016, Finland, $100M) Meta (2012, United States, $83.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Varjo (2016, Finland) $54.0M - Series C - Aug 2020 Mira (2016, United States) $13.2M - Series A - Jul 2020 iQiyi Intelligent Tec.. (2016, China) Undisclosed - Series B - Jan 2021
  • 46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Connected Car Platform 38 46 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Connected Car Platform (Aeris) (# Cos: 171 | $1.1B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $12.0M (▲243%) 11(▲37.5%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 22 $1.1B 78 3 171 17 Aeris (1992, United States, $29.0M) Mojio (2012, Canada, $80.6M) Telenav (1999, United States, $30.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Otonomo (2015, Israel) $46.0M - Series C - Apr 2020 Aurora Labs (2016, Israel) $23.0M - Series B - Sep 2020 Wejo (2013, United Kingdom) $13.1M - Series B - Aug 2020 Sibros (2018, United States) $12.0M - Series A - Jul 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 View all 11 Funding Rounds on Tracxn Platform
  • 47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Digital Twin > Digital Twin Platforms > Products > Automotive 39 47 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $12.0M (▼21%) 1(▼75%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $31.6M 5 1 9 2 Digital Twin (Aras) (# Cos: 325 | $1.6B) Digital Twin Platforms (Matterport) (# Cos: 239 | $1.4B) Products (Altair) (# Cos: 203 | $1.2B) Automotive (Siemens) (# Cos: 9 | $31.6M) Siemens (1847, Germany) Cybellum (2015, United States, $15.0M) TWAICE (2018, Germany, $15.5M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Cybellum (2015, United States) $12.0M - Series A - Jul 2020
  • 48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Josh.ai (2015, United States) $11.0M - Series A - Apr 2020 Smart Homes > Home Automation Controllers > Voice Controllers 40 48 Back to index Smart Homes (Ooma) (# Cos: 2692 | $5.0B) Home Automation Controllers (Peel) (# Cos: 606 | $886M) Voice Controllers (Sweepr) (# Cos: 33 | $41.6M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $11.0M (▲400%) 1(▼50%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $41.6M 19 - 33 3 Sweepr (2010, Ireland, $12.0M) Josh.ai (2015, United States, $22.0M) Athom (2014, Netherlands, $1.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Bidgely (2011, United States) $8.0M - Series C - Sep 2020 Copper Labs (2012, United States) $2.0M - Seed - Feb 2021 Wanzhisheng Technology (2017, China) Undisclosed - Seed - Dec 2020 Energy Monitoring for Smart Homes 41 49 Back to index Smart Homes (Ooma) (# Cos: 2692 | $5.0B) Energy and Utilities (Bidgely) (# Cos: 187 | $346M) Energy Consumption Monitoring (Sense) (# Cos: 106 | $260M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $10.0M (▼76.2%) 3(▼62.5%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 6 $260M 47 - 106 6 Sense (2013, United States, $69.9M) Bidgely (2011, United States, $59.6M) Smappee (2012, Belgium, $2.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Whoop (2011, United States) $100M - Series E - Oct 2020 In&Motion (2014, France) $12.0M - Series B - Dec 2020 JAXJOX (2016, United States) $10.0M - Series A - Oct 2020 Q30 Innovations (2012, United States) $9.3M - Series B - Sep 2020 Figur8 (2017, United States) $6.2M - Series A - Nov 2020 PlayerData (2017, United Kingdom) $934K - Seed - May 2020 OLIVER (2017, Spain) $117K - Seed - Jul 2020 View all 8 Funding Rounds on Tracxn Platform Fitness Trackers 42 50 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Watches & Trackers (Fitbit) (# Cos: 912 | $2.0B) Fitness Trackers (Whoop) (# Cos: 575 | $1.5B) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $10.0M (▲37.9%) 8(▼52.9%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 12 $1.5B 183 1 575 13 Whoop (2011, United States, $206M) Jawbone (1999, United States, $877M) GOQii (2014, India, $49.7M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Pet Wearables 43 51 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Pet Wearables (Stellapps) (# Cos: 283 | $191M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $8.6M (▲8.6%) 9( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 9 $191M 91 - 283 9 Stellapps (2011, India, $19.0M) Tractive Pet Tracker (2012, Austria, $500K) Fi (2017, United States, $40.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Fi (2017, United States) $30.0M - Series B - Feb 2021 Vence (2016, United States) $7.6M - Series A - Mar 2021 SwineTech (2015, United States) $5.5M - Series A - Nov 2020 SwineTech (2015, United States) $5.0M - Series A - Apr 2020 Herddogg (2013, United States) $4.0M - Series A - Jan 2021 Herddogg (2013, United States) $3.2M - Series A - Aug 2020 Dinbeat (2016, Spain) $563K - Seed - Jun 2020 View all 9 Funding Rounds on Tracxn Platform
  • 52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Aryballe (2014, France) $7.9M - Series C - Jul 2020 Connected Vehicles > Safety and Security > Odor Analytics 44 52 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Safety and Security (Netradyne) (# Cos: 479 | $1.4B) Odor Analytics (Aryballe) (# Cos: 1 | $19.2M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $7.9M (▲12.7%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $19.2M 1 - 1 1 Aryballe (2014, France, $19.2M) 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 Digital Twin > Digital Twin Platforms > Products > Multi-Industry 45 53 Back to index Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $7.4M (▲178%) 3(▼25%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 2 $369M 32 1 64 5 Digital Twin (Aras) (# Cos: 325 | $1.6B) Digital Twin Platforms (Matterport) (# Cos: 239 | $1.4B) Products (Siemens) (# Cos: 203 | $1.2B) Multi-Industry (Altair) (# Cos: 64 | $369M) Altair (1985, United States, $60.1M) NavVis (2013, Germany, $43.7M) LLamasoft (1998, United States, $56.1M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. VEERUM (2014, Canada) $7.4M - Series A - Feb 2021 Gudong Technology (2017, China) Undisclosed - Series A - Jan 2021 Datavillage (2018, Belgium) Undisclosed - Seed - Jan 2021
  • 54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds aptpod (2006, Japan) $7.3M - Series C - Mar 2021 Connected Vehicles > Connectivity Solutions > Middleware Solutions 46 54 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Connectivity Solutions (Icomera) (# Cos: 46 | $383M) Middleware Solutions (Valens) (# Cos: 24 | $372M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $7.3M ( -- ) 1( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 4 $372M 12 - 24 3 Valens (2006, Israel, $164M) TTTech (1998, Austria, $103M) Excelfore (2008, United States, $14.6M) 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 Ride (2018, Israel) $7.0M - Series A - Nov 2020 Connected Vehicles > Connected Motorcycles > Collision Avoidance 47 55 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Connected Motorcycles (COBI.bike) (# Cos: 75 | $50.4M) Collision Avoidance (Ride) (# Cos: 6 | $13.7M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $7.0M (▲1650%) 1( <> 0% ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $13.7M 5 - 6 1 Ride (2018, Israel, $10.0M) PREDINA (2016, United Kingdom, $856K) Detecht (2018, Sweden, $400K) 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 Connected Vehicles > Connected License Plate 48 56 Back to index Connected Vehicles (Samsara) (# Cos: 2041 | $6.8B) Connected License Plate (Reviver) (# Cos: 1 | $26.3M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $6.6M (▲565%) 2(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club - $26.3M 1 - 1 1 Reviver (2012, United States, $26.3M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide. Reviver (2012, United States) $6.6M - Series B - Jul 2020 Reviver (2012, United States) Undisclosed - Series B - Dec 2020
  • 57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds Matrix Indust.. (2011, United States) $6.6M - Series B - Jun 2020 Muse Wearables (2015, India) $2.9M - Seed - Jul 2020 Smart Watches 49 57 Back to index Wearable Technology (Oculus) (# Cos: 4864 | $16.1B) Watches & Trackers (Whoop) (# Cos: 912 | $2.0B) Smart Watches (Fitbit) (# Cos: 272 | $368M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $6.6M ( -- ) 2( -- ) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 7 $368M 42 2 272 1 Fitbit (2007, United States, $65.1M) Mobvoi (2012, China, $75.0M) Huami (2013, China, $35.0M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Recent Funding Rounds AppyWay (2013, United Kingdom) $26.5M - Series B - Sep 2020 Cleverciti (2010, Germany) $5.6M - Series A - Oct 2020 VADE (2017, United States) $500K - Seed - May 2020 IPS Group (1994, United States) Undisclosed - Seed - Mar 2021 Smart Parking Management 50 58 Back to index Smart Cities (AtHoc) (# Cos: 1241 | $5.3B) Smart Mobility (Inrix) (# Cos: 311 | $1.6B) Parking Management (AppyWay) (# Cos: 129 | $765M) Taxonomy $ Invested in last 1 year Key Stats # Funding Rounds in last 1 year $6.1M (▼97.9%) 4(▲100%) Funded Companies Companies Acquisitions Total $ Invested IPOs Soonicorn Club 11 $765M 49 - 129 5 AppyWay (2013, United Kingdom, $40.7M) Arrive (2006, United States, $65.3M) Streetline (2005, United States, $59.3M) Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
  • 59. Internet of Things - Industry Applications - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Recent funding rounds Investment Trends Most Active Investors Top Funded Business Models Explore more on Tracxn All Tech Companies US Tech Companies Online Travel Companies Companies using AI in Healthcare Companies founded by Stanford GSB Alumni Soonicorn club in Fintech Analyst Picks in Israel Tech Key News in FinTech Events in Bay Area Angel Investors in United States Bluebox Companies Investment Activity Miscellaneous Company Detail Page of DoorDash Competitors of Freshworks Cap Table for TransferWise Financials for Ola Employee Count for Revolut Company Due Diligence Exits Public Companies Acquired Companies Most Active Acquirers Reports Delhivery - Company Report Novel Foods - Business Model Report HRTech - Feed Report FinTech - Top Business Models Report US Tech - Top Business Models Report US Tech - Monthly Report 59
  • 60. Internet of Things - Industry Applications - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Explore other Reports on Tracxn HRTech InsurTech Food Tech Novel Foods Blockchain Network P2P Remittance Business Model Reports FinTech Europe Consumer Digital SEA HiTech US Feed Geo Reports Company Reports Monthly Unicorn Report Unicorn Reports Transferwise Coursera BigBasket Feed Reports Top Business Models in PA FinTech Enterprise Applications Artificial Intelligence Geo Monthly Reports US Tech Europe Tech China Tech Top Business Models in Geo India Tech Israel Tech UK & Ireland Tech 60
  • 61. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved. Internet of Things - Industry Applications - Top Business Models Report Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Private Limited including but not limited to the information contained herein ("Data") is the sole property of Tracxn Technologies Private Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information. For further information please refer to our Terms of Use at www.tracxn.com