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1. TRACXN TOP BUSINESS MODELS REPORT
February 21, 2022
INTERNET OF THINGS - INDUSTRY
APPLICATIONS

2. Internet of Things - Industry Applications - Top Business
Models Report Copyright © 2022, Tracxn Technologies 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 © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Funding
in last 1 year
3
Consumer Internet of Things $4.2B
Connected Vehicles $3.0B
Wearable Technology $3.0B
Edge Computing $2.7B
IoT Applications $2.4B
IoT in Healthcare $2.3B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Urban Us
SOSV
9Unicorns
4
4
4
Early
Stage
Insight Partners
Autotech Ventures
Verizon Ventures
4
4
4
Late
Stage
Insight Partners
SoftBank Vision Fund
Sequoia Capital
6
4
3
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (47%)
China (26%)
Israel (7%)
United Kingdom (4%)
India (4%)
Germany (2%)
Canada (2%)
Others (9%)
$ Funding # Rounds
Horizon Robotics
(2015, China)
$1.5B - Series C
Magic Leap
(2011, United States)
$500M - Series G
Banma Network
Technology
(2016, China)
$464M - Series B
Acko
(2016, India)
$255M - Series D
Tonal
(2015, United States)
$250M - Series E
Turntide
(2004, United States)
$225M - Series D
Enable Injections
(2010, United States)
$215M - Series C
ECARX Technology
(2016, China)
$200M - Series A
Whoop
(2011, United States)
$200M - Series F
Clearcover
(2016, United States)
$200M - Series D
KeepTruckin
(2013, United States)
$190M - Series E
ZongMu Technology
(2013, China)
$190M - Series D

4. Copyright © 2022, Tracxn Technologies 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▲10 Internet First Pay Per Mile Insurers $594M 11 Acko | $255M | Series D Link
2▲16 Internet First Auto Insurers $586M 24 Acko | $255M | Series D Link
3▲121 Connected Car Platform $569M 9 Banma Network.. | $464M | Series B Link
4▲15 Internet First Auto Insurers $548M 22 Acko | $255M | Series D Link
5▲88 Smart Home Suite $525M 11 Orvibo | $157M | Series D Link
6▲28 Smart Energy Management $307M 12 Turntide | $225M | Series D Link
7▲5 Advanced Driver Assistance Systems $290M 9 ZongMu Techno.. | $190M | Series D Link
8▲22 Internet First Pay Per Mile Insurers $270M 14 Zego | $150M | Series C Link
9▲1 Smart home Gym Equipment $251M 7 Tonal | $250M | Series E Link
10▲3 Personal Smart Home Gym Equipments $251M 2 Tonal | $250M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2022, Tracxn Technologies 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-- Fitness Wristwear $246M 8 Whoop | $200M | Series F Link
12-- Intravenous Drug Delivery Systems $215M 8 Enable Inject.. | $215M | Series C Link
13▲10 Asset Predictive Maintenance $214M 13 Augury | $180M | Series E Link
14▲2 Diabetes Wearable $212M 8 Biolinq | $100M | Series B Link
15▲9 Digital Twin Modelling Software $201M 5 Cognite | $150M | Series B Link
16▼1 Player Recovery Analytics Devices $200M 1 Whoop | $200M | Series F Link
17▲130 Edge AI Accelerators $195M 6 Mythic | $70.0M | Series C Link
18▼17 Telematics Based Fleet Management $193M 6 KeepTruckin | $190M | Series E Link
19▲248 Security & Surveillance Suite $183M 2 SimpliSafe | $130M | Series D Link
20▲96 Nerve Monitoring Wearable $179M 9 Cala Health | $77.0M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2022, Tracxn Technologies 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▲222 Internet First On Demand Auto Insurers $176M 4 Zego | $150M | Series C Link
22▲15 Digital Twin in Construction $163M 10 FJ Dynamics | $70.0M | Series B Link
23▲31 Remote Patient Monitoring Wearables $157M 6 BioIntelliSe.. | $45.0M | Series B Link
24▲28 Remote Patient Monitoring Wearables $155M 18 BioIntelliSe.. | $45.0M | Series B Link
25▲217 In Vehicle Infotainment Systems $152M 3 PATEO | $128M | Series B Link
26▲1 Oil and Gas Analytics Software $151M 4 Cognite | $150M | Series B Link
27▲59 Driver Monitoring Systems $150M 1 Netradyne | $150M | Series C Link
28--
Smart Cities > Smart Mobility > Public Transport
Management
$124M 3 Optibus | $107M | Series C Link
29▲14 Sleep Management Devices $117M 10 Oura | $100M | Series C Link
30▲44 Building Analytics $114M 6 Measurabl | $50.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2022, Tracxn Technologies 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▲88 Automotive Cybersecurity $112M 5 Upstream Sec.. | $62.0M | Series C Link
32▲75 Smart Security Cameras $110M 3 Wyze | $110M | Series B Link
33▲161 IoT Security for Devices $108M 20 Armis Security | $300M | Series D Link
34-- Public Transit Planning Software $107M 6 Optibus | $107M | Series C Link
35▲22 End to End Clinical Trial Management Software $101M 7 BrightInsight | $101M | Series C Link
36▲175 Mixed Reality Glasses $100M 3 Nreal | $100M | Series C Link
37▼9 Building Energy Management System $97.8M 24 Measurabl | $50.0M | Series C Link
38-- Internet First Breast Pumps Brands $97.5M 3 Elvie | $80.0M | Series C Link
39▲5 Internet First Usage Based Auto Insurers $94.2M 12 Zego | $150M | Series C Link
40▲78 Autonomous Vehicle Fleet Management $88.3M 1 42dot | $88.3M | 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 © 2022, Tracxn Technologies 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-- Clinic Based Epilepsy Testing Devices $87.0M 3 Ceribell | $53.0M | Series C Link
42▲66 Wearable Devices for Workplace Safety $80.4M 9 StrongArm Te.. | $50.0M | Series C Link
43▲85 Life Science Research Groups Listings $80.0M 1 TetraScience | $80.0M | Series B Link
44▲67 Edge Application Development Platforms $79.0M 16 Kneron | $25.0M | Series B Link
45-- Parkinson Disease Treatment Devices $77.0M 5 Cala Health | $77.0M | Series D Link
46-- Devices for Hand Tremors $77.0M 1 Cala Health | $77.0M | Series D Link
47▲48 Smart Cities > Public Safety > Disaster Management $75.0M 2 One Concern | $45.0M | Series B Link
48▲32 Digital Twin in Automotive Industry $73.6M 2 Twinner | $47.6M | Series B Link
49▲19 Autonomous Farming $70.4M 8 FJ Dynamics | $70.0M | Series B Link
50▲19
Digital Twin Based Construction Project
Management Software
$70.0M 5 FJ Dynamics | $70.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Internet First Pay Per Mile Insurers
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$594M (▲425%)
11(▲120%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$1.4B
39
1
125
9
Connected Vehicles (Samsara)
(# Cos: 2428 | $11.8B)
Vehicle Telematics (KeepTruckin)
(# Cos: 1197 | $5.3B)
Usage Based Insurance (Acko)
(# Cos: 269 | $2.5B)
Internet First Insurers (Clearcover)
(# Cos: 125 | $1.4B)
Clearcover
(2016, United States, $329M)
Acko
(2016, India, $512M)
Marshmallow
(2017, United Kingdom, $121M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Acko (2016, India)
$255M - Series D - Oct 2021
Clearcover (2016, United States)
$200M - Series D - Apr 2021
Marshmallow (2017, United Kingdom)
$85.0M - Series B - Sep 2021
Hellas Direct (2011, Greece)
$38.2M - Series C - Jun 2021
Just (2014, United States)
$8.0M - Series A - Sep 2021
hala (2018, United Arab Emirates)
$5.0M - Series A - Aug 2021
Surround Insu.. (2018, United States)
$2.6M - Seed - Mar 2021
View all 11 Funding Rounds on Tracxn Platform

10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Acko (2016, India)
$255M - Series D - Oct 2021
Clearcover (2016, United States)
$200M - Series D - Apr 2021
Zego (2016, United Kingdom)
$150M - Series C - Mar 2021
Marshmallow (2017, United Kingdom)
$85.0M - Series B - Sep 2021
Hellas Direct (2011, Greece)
$38.2M - Series C - Jun 2021
Justos (2020, Brazil)
$35.8M - Series A - Oct 2021
HDVI (2001, United States)
$32.5M - Series B - Aug 2021
View all 24 Funding Rounds on Tracxn Platform
Internet First Auto Insurers
02
10
Back to index
Auto E-Commerce & Content (CarDekho)
(# Cos: 8537 | $37.1B)
Insurance (RenewBuy)
(# Cos: 560 | $4.2B)
Internet First Insurer (Clearcover)
(# Cos: 225 | $2.5B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$586M (▲519%)
24(▲41.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$2.5B
88
2
225
23
Clearcover
(2016, United States, $329M)
Acko
(2016, India, $512M)
Cuvva
(2014, United Kingdom, $21.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Connected Car Platform
03
11
Back to index
Connected Vehicles (KeepTruckin)
(# Cos: 2428 | $11.8B)
Connected Car Platform (Aeris)
(# Cos: 177 | $1.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$569M (▲4642%)
9(▼10%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$1.9B
80
4
177
20
Aeris
(1992, United States, $29.0M)
Wejo
(2013, United Kingdom, $160M)
Mojio
(2012, Canada, $80.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Banma Network Technol.. (2016, China)
$464M - Series B - Jul 2021
Megatronix (2018, China)
$100M - Series C - May 2021
Sibros (2018, United States)
$70.0M - Series B - Jan 2022
Motorq (2016, United States)
$40.0M - Series B - Feb 2022
Sonatus (2018, United States)
$35.0M - Series A - Jul 2021
Tactile Mobility (2012, Israel)
$27.0M - Series C - Oct 2021
Smartcar (2014, United States)
$24.0M - Series B - Jan 2022
View all 9 Funding Rounds on Tracxn Platform

12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Internet First Auto Insurers
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$548M (▲479%)
22(▲69.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$1.8B
64
1
179
19
Internet First Insurance Platforms (Policybazaar)
(# Cos: 3372 | $35.4B)
Internet First Insurers (Oscar)
(# Cos: 1062 | $23.4B)
P&C (Next Insurance)
(# Cos: 723 | $10.5B)
Auto (Clearcover)
(# Cos: 179 | $1.8B)
Clearcover
(2016, United States, $329M)
Acko
(2016, India, $512M)
Cuvva
(2014, United Kingdom, $21.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Acko (2016, India)
$255M - Series D - Oct 2021
Clearcover (2016, United States)
$200M - Series D - Apr 2021
Zego (2016, United Kingdom)
$150M - Series C - Mar 2021
Marshmallow (2017, United Kingdom)
$85.0M - Series B - Sep 2021
Justos (2020, Brazil)
$35.8M - Series A - Oct 2021
HDVI (2001, United States)
$32.5M - Series B - Aug 2021
Loop (2020, United States)
$21.0M - Series A - Sep 2021
View all 22 Funding Rounds on Tracxn Platform

13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Smart Home Suite
05
13
Back to index
Smart Homes (Ooma)
(# Cos: 4247 | $7.7B)
Smart Home Suite (ADT)
(# Cos: 743 | $1.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$525M (▲2447%)
11(▲22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
24
$1.4B
90
9
743
14
ADT
(1874, United States, $24.1M)
Alarm.com
(2000, United States, $137M)
Vivint
(1999, United States, $172M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Orvibo (2011, China)
$157M - Series D - Jan 2022
Aqara (2014, China)
$157M - Series B - Oct 2021
Wyze (1998, United States)
$110M - Series B - Jul 2021
Shenzhen Wanjiaan IOT.. (2003, China)
$52.9M - Series C - Jun 2021
iApartments (1999, United States)
$19.2M - Series B - Oct 2021
RemoteLock (2004, United States)
$14.8M - Series B - Dec 2021
Wuhan Linptech (2009, China)
$7.7M - Series B - Jul 2021
View all 11 Funding Rounds on Tracxn Platform

14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Turntide (2004, United States)
$225M - Series D - Jun 2021
Turntide (2004, United States)
$80.0M - Series C - Mar 2021
Ubicquia (2014, United States)
$31.3M - Series C - Jan 2022
Sapient Indus.. (2018, United States)
$20.0M - Series A - Apr 2021
Amperon (2017, United States)
$7.0M - Series A - Jan 2022
Energyworx (2012, Netherlands)
$6.0M - Series B - Jul 2021
Ubiik (2016, Taiwan)
$5.0M - Series A - Apr 2021
View all 12 Funding Rounds on Tracxn Platform
Smart Energy Management
06
14
Back to index
Smart Cities (Zencity)
(# Cos: 1919 | $6.3B)
Smart Utilities (Turntide)
(# Cos: 590 | $2.9B)
Energy Management (Landis+Gyr)
(# Cos: 295 | $2.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$307M (▲423%)
12(▼7.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
19
$2.1B
97
4
295
13
Landis+Gyr
(1896, Switzerland, $1.0B)
Turntide
(2004, United States, $433M)
Verdigris
(2011, United States, $31.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
ZongMu Technology (2013, China)
$190M - Series D - Jun 2021
Maxieye (2010, China)
$47.0M - Series B - Nov 2021
Jimu (2011, China)
$31.3M - Series C - Oct 2021
Eatron (2017, United Kingdom)
$11.0M - Series A - Nov 2021
Anzhi Auto (2016, China)
$7.8M - Series A - May 2021
Potential Motors (2018, Canada)
$3.2M - Series A - Nov 2021
MINIEYE (2013, China)
Undisclosed - Series D - Jul 2021
View all 9 Funding Rounds on Tracxn Platform
Advanced Driver Assistance Systems
07
15
Back to index
Connected Vehicles (KeepTruckin)
(# Cos: 2428 | $11.8B)
Safety and Security (Netradyne)
(# Cos: 508 | $2.1B)
ADAS (Light)
(# Cos: 132 | $799M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$290M (▲162%)
9(▼10%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$799M
63
-
132
11
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.

16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Internet First Pay Per Mile Insurers
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$270M (▲316%)
14(▲55.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$1.4B
53
2
106
15
Auto E-Commerce & Content (CarDekho)
(# Cos: 8537 | $37.1B)
Insurance (RenewBuy)
(# Cos: 560 | $4.2B)
Internet First Insurer (Clearcover)
(# Cos: 225 | $2.5B)
Usage Based (Cuvva)
(# Cos: 106 | $1.4B)
Cuvva
(2014, United Kingdom, $21.9M)
Zego
(2016, United Kingdom, $202M)
Octo Telematics
(2002, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zego (2016, United Kingdom)
$150M - Series C - Mar 2021
Justos (2020, Brazil)
$35.8M - Series A - Oct 2021
HDVI (2001, United States)
$32.5M - Series B - Aug 2021
VOOM (2016, United States)
$15.0M - Series B - Oct 2021
Naked (2016, South Africa)
$11.1M - Series A - Aug 2021
Mile Auto (2017, United States)
$10.3M - Seed - May 2021
Just (2014, United States)
$8.0M - Series A - Sep 2021
View all 14 Funding Rounds on Tracxn Platform

17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Smart home Gym Equipment
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$251M (▲109%)
7( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$993M
15
-
29
4
Fitness & Wellness Tech (Fitbit)
(# Cos: 16295 | $17.4B)
Physical Fitness (Gympass)
(# Cos: 10033 | $13.4B)
Smart Exercising Equipment (Zwift)
(# Cos: 189 | $3.3B)
Smart Equipment and Accessories
(Peloton)
(# Cos: 134 | $3.3B)
Home Gyms (Mirror)
(# Cos: 29 | $993M)
Mirror
(2010, United States, $72.0M)
Tempo
(2015, United States, $398M)
Tonal
(2015, United States, $450M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tonal (2015, United States)
$250M - Series E - Mar 2021
Tempo (2015, United States)
$220M - Series C - Apr 2021
Tempo (2015, United States)
$100M - Series C - Apr 2021
Ronfic (2016, South Korea)
$30.4M - Series A - Jan 2022
AroLeap (2020, India)
$666K - Seed - Oct 2021
AkroSports (2020, Switzerland)
$11.1K - Seed - May 2021
STUDIO (2017, United States)
Undisclosed - Seed - Sep 2021

18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Tonal (2015, United States)
$250M - Series E - Mar 2021
AroLeap (2020, India)
$666K - Seed - Oct 2021
Personal Smart Home Gym Equipments
10
18
Back to index
Smart Homes (ADT)
(# Cos: 4247 | $7.7B)
Home Appliances (Roku)
(# Cos: 373 | $1.2B)
Personal Home Gym (Tonal)
(# Cos: 2 | $451M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$251M (▲128%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$451M
2
-
2
1
Tonal
(2015, United States, $450M)
AroLeap
(2020, India, $666K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Fitness Wristwear
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$246M ( -- )
8( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
16
$2.2B
94
3
647
6
Fitness & Wellness Tech (Gympass)
(# Cos: 16295 | $17.4B)
Physical Fitness (Peloton)
(# Cos: 10033 | $13.4B)
Tracking and Monitoring (Runtastic)
(# Cos: 2239 | $3.3B)
Activity Trackers (Jawbone)
(# Cos: 1869 | $3.0B)
Wearable Devices (Withings)
(# Cos: 819 | $2.6B)
Wristwear (Fitbit)
(# Cos: 647 | $2.2B)
Fitbit
(2007, United States, $65.1M)
Withings
(2008, France, $93.8M)
Jawbone
(1997, United States, $877M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Whoop (2011, United States)
$200M - Series F - Aug 2021
GOQii (2014, India)
$24.9M - Series C - Dec 2021
Codoon (2011, China)
$20.0M - Series C - Dec 2021
Sequent (2015, Switzerland)
$698K - Seed - Jun 2021
URUFIT (2019, India)
$33.7K - Seed - Nov 2021
URUFIT (2019, India)
$13.7K - Angel - Mar 2021
URUFIT (2019, India)
$3.6K - Angel - Aug 2021
View all 8 Funding Rounds on Tracxn Platform

20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Intravenous Drug Delivery Systems
12
20
Back to index
Drug Delivery (Acorda)
(# Cos: 850 | $8.0B)
Intravenous (Insulet)
(# Cos: 78 | $1.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$215M ( -- )
8( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$1.2B
48
13
78
7
Insulet
(2000, United States, $120M)
Xeris Pharma
(2005, United States, $155M)
Sixfold Bioscience
(2017, United Kingdom, $10.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Enable Inject.. (2010, United States)
$215M - Series C - Jan 2022
Shasqi (2015, United States)
$50.0M - Series B - Nov 2021
Credence MedS.. (2011, United States)
$39.9M - Series D - Sep 2021
PharmaJet (2005, United States)
$15.4M - Series B - Apr 2021
AmacaThera (2015, Canada)
$8.2M - Series A - Feb 2021
AscentX Medical (2008, United States)
$3.0M - Series A - Apr 2021
Sixfold Bios.. (2017, United Kingdom)
$2.2M - Seed - Dec 2021
View all 8 Funding Rounds on Tracxn Platform

21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Asset Predictive Maintenance
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$214M (▲164%)
13(▼45.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$1.4B
142
3
313
32
Manufacturing Tech (Altair)
(# Cos: 5335 | $13.8B)
Enterprise Asset Management (Augury)
(# Cos: 1008 | $1.9B)
Maintenance Management (Fiix)
(# Cos: 984 | $1.8B)
Predictive Maintenance (PTC)
(# Cos: 313 | $1.4B)
PTC
(1985, United States)
Augury
(2011, United States, $294M)
SKF
(1907, Sweden, $295K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Augury (2011, United States)
$180M - Series E - Oct 2021
SparkCognition (2013, United States)
$123M - Series D - Jan 2022
MachineMetrics (2014, United Kingdom)
$20.0M - Series B - Jun 2021
Remberg (2018, Germany)
$12.6M - Series A - Feb 2022
Overview (2018, United States)
$10.0M - Series A - Feb 2022
TRACTIAN (2019, Brazil)
$3.2M - Seed - Jun 2021
DiagRAMS Technologies (2019, France)
$2.0M - Seed - Apr 2021
View all 13 Funding Rounds on Tracxn Platform

22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Biolinq (2012, United States)
$100M - Series B - Nov 2021
Bigfoot Biome.. (2014, United States)
$57.0M - Series C - Mar 2021
GraphWear (2015, United States)
$20.5M - Series B - Oct 2021
Signos (1999, United States)
$13.0M - Series A - Nov 2021
HAGAR (2017, Israel)
$11.7M - Series B - Aug 2021
BeatO (2015, India)
$5.7M - Series A - Jun 2021
HAGAR (2017, Israel)
$4.4M - Series A - Mar 2021
View all 8 Funding Rounds on Tracxn Platform
Diabetes Wearable
14
22
Back to index
Wearable Technology (Fitbit)
(# Cos: 6034 | $19.2B)
Health and Wellness Devices (Elvie)
(# Cos: 2342 | $8.2B)
Diabetes Monitoring (Dexcom)
(# Cos: 192 | $1.4B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$212M (▲121%)
8( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$1.4B
83
10
192
12
Dexcom
(1999, United States, $52.7M)
BeatO
(2015, India, $14.1M)
Bigfoot Biomedical
(2014, United States, $215M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Cognite (2016, Norway)
$150M - Series B - May 2021
micropsi industries (2014, Germany)
$34.3M - Series B - Feb 2022
Urbanbase (2013, South Korea)
$11.1M - Series B - Aug 2021
CINTOO (2013, France)
$6.0M - Series A - Jan 2022
Cognite (2016, Norway)
Undisclosed - Series B - Feb 2022
Digital Twin Modelling Software
15
23
Back to index
Digital Twin (Altair)
(# Cos: 476 | $2.5B)
Development Tools (Esri)
(# Cos: 85 | $565M)
Modelling (Cognite)
(# Cos: 56 | $324M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$201M (▲159%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$324M
16
1
56
5
Cognite
(2016, Norway, $225M)
Urbanbase
(2013, South Korea, $20.0M)
HoloBuilder
(2016, United States, $2.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Player Recovery Analytics Devices
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M (▲100%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$406M
2
-
2
1
Sports Tech (DraftKings)
(# Cos: 12417 | $18.7B)
Sports Analytics (Sportradar)
(# Cos: 1185 | $1.5B)
Performance Analytics (Hudl)
(# Cos: 898 | $1.2B)
Multi Sports (Athos)
(# Cos: 352 | $959M)
Biosensors (PKvitality)
(# Cos: 21 | $428M)
Recovery Analytics (Omegawave)
(# Cos: 10 | $410M)
Device (Whoop)
(# Cos: 2 | $406M)
Whoop
(2011, United States, $406M)
Penta Medical
(2015, Canada, $150K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Whoop (2011, United States)
$200M - Series F - Aug 2021

25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Mythic (2012, United States)
$70.0M - Series C - May 2021
Flex Logix (2014, United States)
$55.0M - Series D - Mar 2021
Homo Smart (2020, China)
$46.2M - Seed - Aug 2021
Analog Infere.. (2018, United States)
$23.6M - Series A - May 2021
RiVAI (2018, China)
Undisclosed - Series A - Sep 2021
Saifang (2018, China)
Undisclosed - Series A - Aug 2021
Edge AI Accelerators
17
25
Back to index
Edge Computing (Aruba Networks)
(# Cos: 364 | $9.3B)
Edge AI Processors (Ambarella)
(# Cos: 51 | $4.4B)
AI Accelerators (Flex Logix)
(# Cos: 24 | $603M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$195M (▲2336%)
6(▲500%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$603M
15
-
24
6
Flex Logix
(2014, United States, $82.0M)
Mythic
(2012, United States, $165M)
AlphaICs
(2016, United States, $11.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
KeepTruckin (2013, United States)
$190M - Series E - Jun 2021
Numadic (2016, United Kingdom)
$2.5M - Seed - Oct 2021
Luna (2019, Ireland)
$477K - Seed - Mar 2021
Cyrrup (2015, India)
$199K - Seed - Apr 2021
Targa Telematics (2015, Italy)
Undisclosed - Seed - Jun 2021
Wuhan Xiaoan Technology (2015,
China)
Undisclosed - Series B - Jan 2022
Telematics Based Fleet Management
18
26
Back to index
Connected Vehicles (Clearcover)
(# Cos: 2428 | $11.8B)
Vehicle Telematics (Samsara)
(# Cos: 1197 | $5.3B)
Fleet Management (KeepTruckin)
(# Cos: 379 | $1.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$193M (▼51.8%)
6(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
31
$1.8B
79
3
379
6
KeepTruckin
(2013, United States, $417M)
Samsara
(2015, United States, $930M)
Fleetmatics
(2004, United States, $108M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Security & Surveillance Suite
19
27
Back to index
Security & Surveillance Technology (Citizen)
(# Cos: 8366 | $15.7B)
Suite (ADT)
(# Cos: 323 | $594M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$183M (▲ >10K%)
2(▼60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
25
$594M
44
14
323
4
ADT
(1874, United States, $24.1M)
SimpliSafe
(2006, United States, $187M)
Alarm.com
(2000, United States, $137M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SimpliSafe (2006, United States)
$130M - Series D - Apr 2021
Shenzhen Wanjiaan IOT.. (2003, China)
$52.9M - Series C - Jun 2021

28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Cala Health (2013, United States)
$77.0M - Series D - Nov 2021
Ceribell (2014, United States)
$53.0M - Series C - Apr 2021
BrainQ (2011, Israel)
$40.0M - Series B - Aug 2021
Seer (2017, Australia)
$34.0M - Series A - Aug 2021
Mendi (2017, Sweden)
$4.7M - Series A - Oct 2021
GyroGear (2015, United Kingdom)
$4.3M - Seed - Feb 2021
EEG Smart (2016, China)
Undisclosed - Series A - Aug 2021
View all 9 Funding Rounds on Tracxn Platform
Nerve Monitoring Wearable
20
28
Back to index
Wearable Technology (Fitbit)
(# Cos: 6034 | $19.2B)
Health and Wellness Devices (Dexcom)
(# Cos: 2342 | $8.2B)
Neural (BioSerenity)
(# Cos: 86 | $525M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$179M (▲1300%)
9(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$525M
49
-
86
12
BioSerenity
(2013, France, $95.4M)
Nymbl Science
(2014, United Kingdom, $11.6M)
Cala Health
(2013, United States, $157M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Internet First On Demand Auto Insurers
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$176M (▲ >10K%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$258M
7
-
15
4
Internet First Insurance Platforms (Policybazaar)
(# Cos: 3372 | $35.4B)
Internet First Insurers (Oscar)
(# Cos: 1062 | $23.4B)
P&C (Next Insurance)
(# Cos: 723 | $10.5B)
Auto (Clearcover)
(# Cos: 179 | $1.8B)
Usage-based (Zego)
(# Cos: 86 | $750M)
On Demand (Cuvva)
(# Cos: 15 | $258M)
Cuvva
(2014, United Kingdom, $21.9M)
Zego
(2016, United Kingdom, $202M)
VOOM
(2016, United States, $22.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zego (2016, United Kingdom)
$150M - Series C - Mar 2021
VOOM (2016, United States)
$15.0M - Series B - Oct 2021
Mile Auto (2017, United States)
$10.3M - Seed - May 2021
nSurely (2020, Ireland)
$605K - Seed - Dec 2021

30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin in Construction
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$163M (▲183%)
10(▲42.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$371M
25
1
46
11
Digital Twin (Ayla Networks)
(# Cos: 476 | $2.5B)
Digital Twin Platforms (Matterport)
(# Cos: 346 | $1.8B)
Products (Altair)
(# Cos: 309 | $1.6B)
Construction (Bentley Systems)
(# Cos: 46 | $371M)
Bentley Systems
(1984, United States)
SiteAware
(2015, United States, $30.0M)
Avvir
(2017, United States, $12.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
FJ Dynamics (2017, China)
$70.0M - Series B - Nov 2021
LocusView (2014, United States)
$64.0M - Series A - Apr 2021
Doxel (2016, United States)
$40.0M - Series B - Aug 2021
Reconstruct (2016, United States)
$17.3M - Series B - Jul 2021
SiteAware (2015, United States)
$15.0M - Series B - Jan 2022
Avvir (2017, United States)
$10.0M - Series A - Mar 2021
CONXAI (2020, Germany)
$3.1M - Seed - Jan 2022
View all 10 Funding Rounds on Tracxn Platform

31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
BioIntelliSense (2018, United States)
$45.0M - Series B - Jul 2021
Current health (2015, United Kingdom)
$43.0M - Series B - Apr 2021
Vital Connect (2011, United States)
$39.0M - Series D - Jan 2022
Aulisa (2010, United States)
$13.0M - Series A - Jan 2022
HumanFirst (2017, United States)
$12.0M - Series A - Jun 2021
Vitls (2015, South Africa)
$4.5M - Series A - Nov 2021
Remote Patient Monitoring Wearables
23
31
Back to index
Wearable Technology (Fitbit)
(# Cos: 6034 | $19.2B)
Health and Wellness Devices (Dexcom)
(# Cos: 2342 | $8.2B)
Remote Patient Monitoring (Cloud)
(# Cos: 223 | $755M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$157M (▲273%)
6(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$755M
104
3
223
13
Cloud
(2014, United States, $3.1M)
Current health
(2015, United Kingdom, $74.9M)
BioIntelliSense
(2018, United States, $82.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Remote Patient Monitoring Wearables
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$155M (▲246%)
18(▲38.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$943M
173
5
396
29
Healthcare IT (Doximity)
(# Cos: 31810 | $79.6B)
Value Based Care (Cerner)
(# Cos: 6514 | $26.0B)
Remote Monitoring (Biofourmis)
(# Cos: 1957 | $5.4B)
Hardware (Dental Monitoring)
(# Cos: 1002 | $3.5B)
Wearables (Current health)
(# Cos: 396 | $943M)
Current health
(2015, United Kingdom, $74.9M)
BioIntelliSense
(2018, United States, $82.0M)
DarioHealth
(2010, United States, $6.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BioIntelliSense (2018, United States)
$45.0M - Series B - Jul 2021
Current health (2015, United Kingdom)
$43.0M - Series B - Apr 2021
NUVO (2014, Israel)
$25.0M - Series B - Jun 2021
Alio (2020, United States)
$20.0M - Series B - Jun 2021
HumanFirst (2017, United States)
$12.0M - Series A - Jun 2021
Prolira (2015, Netherlands)
$5.7M - Series B - Feb 2022
Nutromics (2017, Australia)
$5.7M - Series A - Aug 2021
View all 18 Funding Rounds on Tracxn Platform

33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
PATEO (2009, China)
$128M - Series B - Aug 2021
JidouAuto (2014, China)
$15.5M - Series B - Feb 2021
Xona Space Sy.. (2019, United States)
$8.0M - Series A - Sep 2021
In Vehicle Infotainment Systems
25
33
Back to index
Connected Vehicles (KeepTruckin)
(# Cos: 2428 | $11.8B)
In Vehicle Infotainment (Drivemode)
(# Cos: 271 | $991M)
Infotainment System (Nonda)
(# Cos: 111 | $390M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$152M (▲ >10K%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$390M
35
1
111
3
Nonda
(2014, United States)
Xona Space Systems
(2019, United States, $9.0M)
PATEO
(2009, China, $174M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Cognite (2016, Norway)
$150M - Series B - May 2021
Enmovil (2015, India)
$1.3M - Seed - Nov 2021
Cognite (2016, Norway)
Undisclosed - Series B - Feb 2022
Lone Star Ana.. (2006, United States)
Undisclosed - PE - Sep 2021
Oil and Gas Analytics Software
26
34
Back to index
Oil & Gas Tech (Drillinginfo)
(# Cos: 1725 | $6.4B)
Tech for Vertically Integrated Players (Flutura )
(# Cos: 216 | $751M)
Analytics (Cognite)
(# Cos: 51 | $377M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$151M (▲102%)
4(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$377M
14
-
51
5
Cognite
(2016, Norway, $225M)
Flutura
(2012, United States, $10.6M)
Maana
(2012, United States, $90.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Driver Monitoring Systems
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$150M (▲577%)
1(▼75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$543M
51
1
121
5
Connected Vehicles (KeepTruckin)
(# Cos: 2428 | $11.8B)
Safety and Security (Ixia)
(# Cos: 508 | $2.1B)
Cabin Monitoring (Nauto)
(# Cos: 137 | $561M)
Driver Monitoring (Netradyne)
(# Cos: 121 | $543M)
Netradyne
(2015, United States, $207M)
Nauto
(2015, United States, $183M)
Truemotion
(2012, United States, $12.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Netradyne (2015, United States)
$150M - Series C - Jul 2021

36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Optibus (2014, Israel)
$107M - Series C - Mar 2021
Lacuna (2018, United States)
$16.0M - Series A - Jul 2021
RushOwl (2018, Singapore)
$477K - Seed - Dec 2021
Smart Cities > Smart Mobility > Public
Transport Management
28
36
Back to index
Smart Cities (Zencity)
(# Cos: 1919 | $6.3B)
Smart Mobility (Moovit)
(# Cos: 621 | $1.4B)
Public Transport Management (Trafi)
(# Cos: 34 | $236M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$124M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$236M
17
2
34
4
Trafi
(2013, Lithuania, $15.0M)
Optibus
(2014, Israel, $160M)
Cubic
(1951, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Sleep Management Devices
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$117M (▲114%)
10(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$727M
109
3
260
17
Fitness & Wellness Tech (Peloton)
(# Cos: 16295 | $17.4B)
Mind & Body Wellness (Headspace)
(# Cos: 2066 | $2.0B)
Sleep Management (Nyxoah)
(# Cos: 515 | $872M)
Devices (Sleep Number)
(# Cos: 260 | $727M)
Sleep Number
(1987, United States)
Nyxoah
(2009, Belgium, $88.7M)
Beddr Sleep
(2016, United States, $10.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Oura (2013, Finland)
$100M - Series C - May 2021
Onera (2018, United States)
$12.4M - Series B - Jul 2021
Sleepiz (2018, Switzerland)
$4.8M - Series A - Aug 2021
SleepUp (2002, Brazil)
$2.0M - Seed - Nov 2021
SleepCogni (2015, United Kingdom)
$1.9M - Series A - Nov 2021
Sleepiz (2018, Switzerland)
$1.1M - Series A - Nov 2021
SleepCogni (2015, United Kingdom)
$661K - Seed - Jul 2021
View all 10 Funding Rounds on Tracxn Platform

38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Measurabl (2013, United States)
$50.0M - Series C - Sep 2021
Bidgely (2011, United States)
$26.0M - Series C - Sep 2021
Sapient Indus.. (2018, United States)
$20.0M - Series A - Apr 2021
Logical Build.. (2012, United States)
$10.0M - Series D - Dec 2021
Cortex (2014, United States)
$6.0M - Series A - May 2021
Bidgely (2011, United States)
$2.1M - Series C - Mar 2021
Building Analytics
30
38
Back to index
Facility Management Tech (ecobee)
(# Cos: 5701 | $10.5B)
Building Management (AppFolio)
(# Cos: 4282 | $7.6B)
Building Analytics (Tendril)
(# Cos: 132 | $805M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$114M (▲319%)
6(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$805M
62
-
132
16
Tendril
(2004, United States, $235M)
Bidgely
(2011, United States, $87.7M)
EnergySavvy
(2008, United States, $31.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Upstream Security (2017, Israel)
$62.0M - Series C - Aug 2021
Upstream Security (2017, Israel)
$36.0M - Series C - May 2021
Karamba Security (2015, Israel)
$10.0M - Series B - Dec 2021
SecureThings (2017, United States)
$3.5M - Seed - Feb 2022
Shanghai Xintai Infor.. (2017, China)
Undisclosed - Series A - Oct 2021
Automotive Cybersecurity
31
39
Back to index
Connected Vehicles (KeepTruckin)
(# Cos: 2428 | $11.8B)
Safety and Security (Netradyne)
(# Cos: 508 | $2.1B)
Cybersecurity (Ixia)
(# Cos: 44 | $281M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$112M (▲829%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$281M
26
1
44
6
Ixia
(1997, United States)
Upstream Security
(2017, Israel, $139M)
Argus Cyber Security
(2013, Israel, $30.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Smart Security Cameras
32
40
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$110M (▲633%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$595M
35
2
259
3
Security & Surveillance Technology (ADT)
(# Cos: 8366 | $15.7B)
Surveillance (Vivint)
(# Cos: 2269 | $5.6B)
Video Surveillance (Ring Labs)
(# Cos: 2249 | $5.6B)
Smart Security Cameras (Blink)
(# Cos: 259 | $595M)
Blink
(2009, United States, $24.0M)
Vivint
(1999, United States, $172M)
iControl
(2003, United States, $95.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Wyze (1998, United States)
$110M - Series B - Jul 2021
Vosker (2018, Canada)
$47.2M - Series A - Dec 2021
Hanet (2005, Vietnam)
Undisclosed - Series A - Jun 2021

41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Armis Security (2015, United States)
$300M - Series D - Nov 2021
Keyfactor (2001, United States)
$125M - Series D - Apr 2021
Upstream Security (2017, Israel)
$62.0M - Series C - Aug 2021
Upstream Security (2017, Israel)
$36.0M - Series C - May 2021
Finite State (2017, United States)
$30.0M - Series B - Aug 2021
Sternum (2018, Israel)
$27.0M - Series B - Sep 2021
MuChain Internet of T.. (2017, China)
$15.5M - Series B - May 2021
View all 20 Funding Rounds on Tracxn Platform
IoT Security for Devices
33
41
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Internet of Things Infrastructure (eero)
(# Cos: 4689 | $23.0B)
IoT Security (VDOO)
(# Cos: 364 | $3.2B)
Device Security (Armis Security)
(# Cos: 203 | $1.9B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$108M (▲2986%)
20(▲5.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$1.9B
114
1
203
36
Armis Security
(2015, United States, $600M)
VDOO
(2017, Israel, $70.0M)
Upstream Security
(2017, Israel, $139M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Public Transit Planning Software
34
42
Back to index
Smart Public Transport (Moovit)
(# Cos: 1040 | $1.2B)
Operator Transit Planning (Optibus)
(# Cos: 121 | $260M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M ( -- )
6( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
15
$260M
30
-
121
4
Optibus
(2014, Israel, $160M)
Teralytics
(2012, Switzerland, $17.5M)
Swiftly
(2014, United States, $12.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Optibus (2014, Israel)
$107M - Series C - Mar 2021
WhereIsMyTra.. (2015, United Kingdom)
$14.5M - Series A - Jun 2021
Route Reports (2017, United Kingdom)
$3.9M - Series A - Feb 2022
Tobi (2020, United States)
$2.0M - Seed - Oct 2021
Teralytics (2012, Switzerland)
Undisclosed - Series A - Mar 2021
365 Response (2012, United Kingdom)
Undisclosed - Series A - Oct 2021

43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
End to End Clinical Trial Management
Software
35
43
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$101M (▲152%)
7(▼22.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$645M
35
-
124
6
Life Sciences Tech (Exscientia)
(# Cos: 4888 | $26.9B)
Research & Development (Illumina)
(# Cos: 3952 | $22.5B)
Clinical Trials (Medable)
(# Cos: 959 | $3.9B)
Diversified (Medidata)
(# Cos: 124 | $645M)
Medidata
(1999, United States, $21.5M)
TriNetX
(2013, United States, $102M)
Science 37
(2014, United States, $107M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BrightInsight (1989, United States)
$101M - Series C - Mar 2021
Obvio Health (2015, United States)
$31.0M - Series C - Jul 2021
Faro Health (2019, United States)
$15.0M - Series A - Jun 2021
RxE2 (2020, United States)
$3.5M - Series A - Apr 2021
RxE2 (2020, United States)
$2.0M - Series A - Apr 2021
Saama (1997, United States)
Undisclosed - Series C - Oct 2021
Shanghai Shanhu Healt.. (2015, China)
Undisclosed - Seed - Apr 2021

44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Mixed Reality Glasses
36
44
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$100M (▲3900%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$452M
4
-
8
4
Augmented Reality (Scandit)
(# Cos: 3908 | $9.4B)
Display Devices (Meta)
(# Cos: 248 | $5.7B)
Screen-based (Varjo)
(# Cos: 142 | $5.2B)
Smart Glasses (Vuzix)
(# Cos: 85 | $4.7B)
Mixed Reality (RealWear)
(# Cos: 8 | $452M)
RealWear
(2016, United States, $103M)
Nreal
(2017, China, $171M)
Rokid
(2014, United States, $173M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Nreal (2017, China)
$100M - Series C - Sep 2021
Rokid (2014, United States)
Undisclosed - Series B - Jul 2021
Nreal (2017, China)
Undisclosed - Series B - Mar 2021

45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Building Energy Management System
37
45
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Property Management Tech (LivSpace)
(# Cos: 5148 | $10.9B)
Building Energy Management (Landis+Gyr)
(# Cos: 1008 | $3.2B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$97.8M (▲30.9%)
24(▼7.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
67
$3.2B
301
9
1008
33
Landis+Gyr
(1896, Switzerland, $1.0B)
Zenatix
(2013, India, $1.4M)
Enlighted
(2009, United States, $83.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Measurabl (2013, United States)
$50.0M - Series C - Sep 2021
METRON (2013, France)
$21.3M - Series B - Jul 2021
cohesion (2018, United States)
$15.0M - Series A - Nov 2021
Pearl Certifi.. (2015, United States)
$9.5M - Series B - May 2021
EnPowered (2015, Canada)
$8.6M - Seed - Sep 2021
Thing-It (2015, United States)
$8.5M - Series B - Dec 2021
Amperon (2017, United States)
$7.0M - Series A - Jan 2022
View all 24 Funding Rounds on Tracxn Platform

46. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Internet First Breast Pumps Brands
38
46
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$97.5M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$296M
4
-
9
2
Mom & Baby Care (Honest)
(# Cos: 6759 | $9.6B)
Commerce (FirstCry)
(# Cos: 3658 | $4.9B)
Food and Nursing (BIOMILQ)
(# Cos: 110 | $392M)
Nursing (Smilo)
(# Cos: 57 | $302M)
Breast Pumps (Willow)
(# Cos: 11 | $296M)
Internet First Brand (Elvie)
(# Cos: 9 | $296M)
Elvie
(2013, United Kingdom, $149M)
Willow
(2012, United States, $147M)
Bump Benefits
(2017, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Elvie (2013, United Kingdom)
$80.0M - Series C - Jul 2021
Willow (2012, United States)
$26.8M - Series C - Apr 2021
Elvie (2013, United Kingdom)
$17.6M - Series C - Sep 2021

47. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Internet First Usage Based Auto Insurers
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$94.2M (▲74.1%)
12(▲71.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$750M
33
1
86
12
Internet First Insurance Platforms (Policybazaar)
(# Cos: 3372 | $35.4B)
Internet First Insurers (Oscar)
(# Cos: 1062 | $23.4B)
P&C (Next Insurance)
(# Cos: 723 | $10.5B)
Auto (Clearcover)
(# Cos: 179 | $1.8B)
Usage-based (Cuvva)
(# Cos: 86 | $750M)
Cuvva
(2014, United Kingdom, $21.9M)
Zego
(2016, United Kingdom, $202M)
Metromile
(2011, United States, $295M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zego (2016, United Kingdom)
$150M - Series C - Mar 2021
Justos (2020, Brazil)
$35.8M - Series A - Oct 2021
HDVI (2001, United States)
$32.5M - Series B - Aug 2021
VOOM (2016, United States)
$15.0M - Series B - Oct 2021
Naked (2016, South Africa)
$11.1M - Series A - Aug 2021
Mile Auto (2017, United States)
$10.3M - Seed - May 2021
Just (2014, United States)
$8.0M - Series A - Sep 2021
View all 12 Funding Rounds on Tracxn Platform

48. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Autonomous Vehicle Fleet Management
40
48
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Autonomous Vehicles (Nuro)
(# Cos: 825 | $43.9B)
Fleet Management (Bestmile)
(# Cos: 21 | $286M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$88.3M (▲615%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$286M
14
-
21
3
Bestmile
(2014, United States, $33.0M)
RideOS
(2017, United States, $34.0M)
Bear Flag Robotics
(2017, United States, $12.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
42dot (2019, South Korea)
$88.3M - Series A - Nov 2021

49. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Clinic Based Epilepsy Testing Devices
41
49
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$87.0M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$129M
7
1
9
2
Neurology (Biogen)
(# Cos: 2600 | $31.5B)
Medical Devices (MindMaze)
(# Cos: 940 | $6.3B)
Screening Devices (BioSerenity)
(# Cos: 292 | $1.1B)
Electrodiagnostic Testing (Empatica)
(# Cos: 123 | $589M)
Clinic Based (Kernel)
(# Cos: 86 | $464M)
Epilepsy (Ceribell)
(# Cos: 9 | $129M)
Ceribell
(2014, United States, $88.0M)
Neuro Event Labs
(2015, Finland, $6.6M)
Seer
(2017, Australia, $34.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ceribell (2014, United States)
$53.0M - Series C - Apr 2021
Seer (2017, Australia)
$34.0M - Series A - Aug 2021
Neurosoft Bioel.. (2019, Switzerland)
$108K - Seed - Dec 2021

50. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
StrongArm Tec.. (2012, United States)
$50.0M - Series C - Jan 2022
RiskBand (2014, United States)
$23.7M - Series A - Jan 2022
Tended (2017, United Kingdom)
$3.3M - Series A - Nov 2021
ROAR for Good (2014, United States)
$2.7M - Series A - Feb 2021
ROAR for Good (2014, United States)
$1.8M - Series A - Feb 2022
SlateSafety (2016, United States)
$1.7M - Seed - Jan 2022
Clairvoyant N.. (2015, United States)
$505K - Seed - Jun 2021
View all 9 Funding Rounds on Tracxn Platform
Wearable Devices for Workplace Safety
42
50
Back to index
Wearable Technology (Fitbit)
(# Cos: 6034 | $19.2B)
Safety Devices (Jiobit)
(# Cos: 574 | $421M)
Workforce Safety (GuardHat)
(# Cos: 107 | $282M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.4M (▲461%)
9(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$282M
51
1
107
11
GuardHat
(2014, United States, $41.9M)
Blackline Safety
(2004, Canada)
StrongArm Technologies
(2012, United States, $52.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

51. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Life Science Research Groups Listings
43
51
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.0M (▲627%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$99.2M
3
-
21
1
Life Sciences Tech (Exscientia)
(# Cos: 4888 | $26.9B)
Research & Development (Medidata)
(# Cos: 3952 | $22.5B)
Scientific Sourcing (Illumina)
(# Cos: 210 | $429M)
Research Groups (TetraScience)
(# Cos: 21 | $99.2M)
TetraScience
(2014, United States, $99.2M)
Molecule
(2018, Switzerland)
Halo
(2016, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TetraScience (2014, United States)
$80.0M - Series B - Apr 2021

52. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Edge Application Development
Platforms
44
52
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Edge Computing (Aruba Networks)
(# Cos: 364 | $9.3B)
Edge Application Development (Platform9
Systems)
(# Cos: 60 | $879M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$79.0M (▲464%)
16(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$879M
34
-
60
12
Platform9 Systems
(2013, United States, $74.0M)
StackPath
(2015, United States, $396M)
Packet
(2014, United States, $34.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Kneron (2015, United States)
$25.0M - Series B - Dec 2021
Macrometa (2017, United States)
$20.0M - Series A - Jun 2021
PPIO (2018, China)
$15.7M - Series A - Dec 2021
mimik (2009, Canada)
$14.4M - Series A - Nov 2021
ZEDEDA (2016, United States)
$12.5M - Series A - Mar 2021
Platform9 Sys.. (2013, United States)
$12.5M - Series D - Feb 2021
Kneron (2015, United States)
$10.0M - Series A - Mar 2021
View all 16 Funding Rounds on Tracxn Platform

53. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Parkinson Disease Treatment Devices
45
53
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$77.0M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$502M
28
-
38
4
Neurology (Biogen)
(# Cos: 2600 | $31.5B)
Medical Devices (Nexstim)
(# Cos: 940 | $6.3B)
Therapeutic Devices (MindMaze)
(# Cos: 648 | $5.2B)
Neurodegenerative (Newronika)
(# Cos: 90 | $638M)
Parkinson Disease (Cala Health)
(# Cos: 38 | $502M)
Cala Health
(2013, United States, $157M)
Aleva Neuro
(2008, Switzerland, $49.0M)
Civitas Therapeutics
(2009, United States, $128M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cala Health (2013, United States)
$77.0M - Series D - Nov 2021
SceneRay (2011, China)
$47.3M - Series D - Feb 2022
SceneRay (2011, China)
$15.4M - Series D - Apr 2021
Charco Neuro.. (2019, United Kingdom)
$10.0M - Seed - Nov 2021
Aleva Neuro (2008, Switzerland)
Undisclosed - Series D - Dec 2021

54. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Devices for Hand Tremors
46
54
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$77.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$157M
4
-
5
1
Assistive Tech (HopSkipDrive)
(# Cos: 2667 | $5.7B)
Assistive Hardware (Eargo)
(# Cos: 1389 | $2.7B)
Mobility (Invacare)
(# Cos: 407 | $856M)
Hand Tremors (Cala Health)
(# Cos: 5 | $157M)
Cala Health
(2013, United States, $157M)
Liftware
(2011, United States)
STIL
(2016, Netherlands)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cala Health (2013, United States)
$77.0M - Series D - Nov 2021

55. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
One Concern (2015, United States)
$45.0M - Series B - Jun 2021
Cervest (2016, United Kingdom)
$30.0M - Series A - May 2021
Smart Cities > Public Safety > Disaster
Management
47
55
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Smart Cities (Zencity)
(# Cos: 1919 | $6.3B)
Public Safety (Athena Security)
(# Cos: 64 | $198M)
Disaster Management (AtHoc)
(# Cos: 36 | $178M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$75.0M (▲275%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$178M
16
-
36
2
AtHoc
(1999, United States, $15.6M)
One Concern
(2015, United States, $117M)
Cervest
(2016, United Kingdom, $36.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin in Automotive Industry
48
56
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$73.6M (▲208%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$110M
5
-
8
3
Digital Twin (Ayla Networks)
(# Cos: 476 | $2.5B)
Digital Twin Platforms (Matterport)
(# Cos: 346 | $1.8B)
Products (Altair)
(# Cos: 309 | $1.6B)
Automotive (Cybellum)
(# Cos: 8 | $110M)
Cybellum
(2015, United States, $15.0M)
TWAICE
(2018, Germany, $45.0M)
Intangles
(2015, India, $1.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Twinner (2013, Germany)
$47.6M - Series B - Jun 2021
TWAICE (2018, Germany)
$26.0M - Series B - May 2021

57. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
FJ Dynamics (2017, China)
$70.0M - Series B - Nov 2021
EAVision (2015, United States)
$30.0M - Series C - Apr 2021
Meto Motion (2016, Israel)
$5.0M - Series A - Sep 2021
Dewey Scienti.. (2018, United States)
$3.2M - Series A - Aug 2021
Antobot (2016, United Kingdom)
$1.7M - Seed - Jun 2021
Farmagain (2013, India)
$358K - Angel - Mar 2021
N-Sense (2017, United States)
$50.0K - Seed - Nov 2021
View all 8 Funding Rounds on Tracxn Platform
Autonomous Farming
49
57
Back to index
Crop Tech (Ginkgo Bioworks)
(# Cos: 12526 | $37.9B)
Autonomous Farming (Blue River Technology)
(# Cos: 1190 | $2.1B)
Diversified (FJ Dynamics)
(# Cos: 166 | $263M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$70.4M (▲140%)
8(▼11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$263M
46
1
166
7
FJ Dynamics
(2017, China, $99.4M)
Saga Robotics
(2016, Norway, $11.3M)
EAVision
(2015, United States, $30.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin Based Construction Project
Management Software
50
58
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Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$70.0M (▲138%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$193M
16
-
36
8
Construction Tech (Matterport)
(# Cos: 6425 | $18.5B)
Project Management (Infra.Market)
(# Cos: 2946 | $8.5B)
Suite (Procore)
(# Cos: 837 | $1.6B)
Digital Twin Based (FJ Dynamics)
(# Cos: 36 | $193M)
FJ Dynamics
(2017, China, $99.4M)
Cityzenith
(2009, United States, $11.0M)
SenseHawk
(2016, United States, $7.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
FJ Dynamics (2017, China)
$70.0M - Series B - Nov 2021
PassiveLogic (2016, United States)
$34.0M - Series B - Jan 2022
CINTOO (2013, France)
$6.0M - Series A - Jan 2022
Cityzenith (2009, United States)
$868K - Series A - Jul 2021
BtrLyf (2017, Singapore)
Undisclosed - Seed - Sep 2021

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