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1. TRACXN TOP BUSINESS MODELS REPORT
September 06, 2021
INTERNET OF THINGS - INDUSTRY
APPLICATIONS

2. Internet of Things - Industry Applications - Top Business
Models Report Copyright © 2021, 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 © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Funding
in last 1 year
3
Edge Computing $3.1B
IoT in Healthcare $2.2B
IoT Applications $2.1B
Connected Vehicles $2.0B
Wearable Technology $1.9B
Industrial Internet of Things $1.7B
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Urban Us
EIT InnoEnergy
LetsVenture
4
4
3
Early
Stage
BDC
Insight Partners
NTT DOCOMO Ventures
5
4
4
Late
Stage
Insight Partners
New Enterprise Associates
Qualcomm Ventures
5
5
4
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (43%)
China (33%)
Israel (6%)
Canada (4%)
United Kingdom (3%)
Germany (2%)
Norway (2%)
Others (6%)
$ Funding # Rounds
Horizon Robotics
(2015, China)
$1.5B - Series C
Banma Network
Technology
(2016, China)
$464M - Series B
Horizon Robotics
(2015, China)
$400M - Series C
Amp
(2009, Canada)
$374M - PE
Horizon Robotics
(2015, China)
$350M - Series C
Tonal
(2015, United States)
$250M - Series E
Turntide
(2004, United States)
$225M - Series D
ECARX Technology
(2016, China)
$200M - Series A
Whoop
(2011, United States)
$200M - Series F
ECARX Technology
(2016, China)
$194M - Series A
ZongMu Technology
(2013, China)
$190M - Series D
KeepTruckin
(2013, United States)
$190M - Series E

4. Copyright © 2021, 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▲98 Connected Car Platform $499M 9 Banma Network.. | $464M | Series B Link
2-- Smart home Gym Equipment $370M 8 Tonal | $250M | Series E Link
3▲55 Smart Energy Management $364M 13 Turntide | $225M | Series D Link
4-- Personal Smart Home Gym Equipments $360M 2 Tonal | $250M | Series E Link
5-- Fitness Wristwear $301M 5 Whoop | $200M | Series F Link
6▲25 Sports Performance Monitoring Device $300M 2 Whoop | $200M | Series F Link
7▲16 Advanced Driver Assistance Systems $244M 7 ZongMu Techno.. | $190M | Series D Link
8▲137 Digital Twin Modelling Software $236M 3 Cognite | $150M | Series B Link
9-- Oil and Gas Analytics Software $225M 4 Cognite | $150M | Series B Link
10▼9 Telematics Based Fleet Management $190M 3 KeepTruckin | $190M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies 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▲26 Remote Patient Monitoring Wearables $178M 17 BioIntelliSe.. | $45.0M | Series B Link
12▼6 Smart Home Suite $177M 11 Wyze | $110M | Series B Link
13▲58 Breast Pumps Wearable $162M 3 Elvie | $80.0M | Series C Link
14▲34 Remote Patient Monitoring Wearables $160M 9 BioIntelliSe.. | $45.0M | Series B Link
15▲48 Driver Monitoring Systems $150M 1 Netradyne | $150M | Series C Link
16▲4 Sleep Management Devices $144M 12 Oura | $100M | Series C Link
17▲177 In Vehicle Infotainment Systems $144M 3 PATEO | $128M | Series B Link
18▲39
Diagnostics (by Technology) > Devices and
Instruments > Biophysical and Physiological Sensors..
$130M 3 Eko | $65.0M | Series C Link
19▲192
Smart Cities > Smart Mobility > Public Transport
Management
$123M 2 Optibus | $107M | Series C Link
20▲14 Edge Computing Development Platforms $109M 19 Macrometa | $20.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, 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-- Public Transit Planning Software $107M 4 Optibus | $107M | Series C Link
22▲21 Digital Twin Construction $104M 9 LocusView | $64.0M | Series A Link
23▲17
Smart Cities > Smart Governance > Urban Data
Platforms
$99.0M 11 Urbint | $60.0M | Series C Link
24▲11 Automotive Cybersecurity $98.0M 2 Upstream Sec.. | $62.0M | Series C Link
25▲42 Lactation Induction Devices $81.8M 2 Willow | $55.0M | Series C Link
26▲47 Research Groups Listings $80.0M 1 TetraScience | $80.0M | Series B Link
27▼15 Hearing aids $75.8M 5 Whisper | $35.0M | Series B Link
28▲31 Digital Twin in Automotive Industry $73.6M 2 Twinner | $47.6M | Series B Link
29▲68 Heart Rate Monitoring Devices $73.6M 3 BioIntelliSe.. | $45.0M | Series B Link
30▲30 Industrial Big Data Analytics $70.0M 7 Seeq | $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 © 2021, 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▼28 Home Based ECG Devices $65.0M 3 AliveCor | $65.0M | Series E Link
32▲36 Cardiac Diagnostic Devices $65.0M 11 Imperative Care | $260M | Series D Link
33▲44 Heart Health Monitoring Device $65.0M 4 AliveCor | $65.0M | Series E Link
34-- LiDAR $64.0M 12 Hesai Technol.. | $300M | Series D Link
35-- Autonomous Vehicles LIDARs $64.0M 23 Hesai Technol.. | $300M | Series D Link
36▲5 Industrial Energy Management System $62.3M 9 Everactive | $35.4M | Series C Link
37-- Distributed Energy Resources Management Software $59.2M 8 Voltus | $31.1M | Series C Link
38-- Distributed Energy Resource Management System $58.1M 4 Voltus | $31.1M | Series C Link
39▲78 Nerve Monitoring Wearable $55.6M 9 BrainQ | $40.0M | Series B Link
40▲182 Stress Management Wearables $54.8M 4 Ceribell | $53.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies 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--
Diagnostics (by Technology) > Devices and
Instruments > Biophysical and Physiological Sensors..
$53.0M 1 Ceribell | $53.0M | Series C Link
42-- Clinic Based Epilepsy Testing Devices $53.0M 1 Ceribell | $53.0M | Series C Link
43▼4 Digital Twin Asset Management $51.8M 4 Seeq | $50.0M | Series C Link
44▲96 Automotive HUDs $51.5M 4 Envisics | $50.0M | Series B Link
45▲29 Energy Harvesting Device $51.4M 8 Everactive | $35.4M | Series C Link
46-- Internet First Sports Injury Products Brands $48.0M 1 HyperIce | $48.0M | Series C Link
47-- Online Home Furnishing Products Retailer $47.7M 5 Bucketplace | $70.0M | Series C Link
48▼18 Smart Cities > Public Safety > Disaster Management $45.0M 1 One Concern | $45.0M | Series B Link
49▼7 Wearable Sleep Tracker $44.3M 7 KeePAP | $15.1M | Series C Link
50▼48 Wearable Heart Monitoring devices $42.5M 3 Spire Health | $38.0M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Connected Car Platform
01
9
Back to index
Connected Vehicles (Samsara)
(# Cos: 2153 | $8.9B)
Connected Car Platform (Aeris)
(# Cos: 174 | $1.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$499M(▲4058%)
9(▲12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
23
$1.7B
79
3
174
19
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.
Banma Network Technol.. (2016, China)
$464M - Series B - Jul 2021
Megatronix (2018, China)
$100M - Series C - May 2021
Sonatus (2018, United States)
$35.0M - Series A - Jul 2021
Aurora Labs (2016, Israel)
$23.0M - Series B - Sep 2020
UBiAi Technology (2016, China)
$10.0M - Series A - Nov 2020
Motorq (2016, United States)
$7.0M - Series A - Dec 2020
Cerebrum X (2020, United States)
$5.5M - Series A - Mar 2021
View all 9 Funding Rounds on Tracxn Platform

10. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Smart home Gym Equipment
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$370M( -- )
8( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$962M
13
-
22
4
Fitness & Wellness Tech (Gympass)
(# Cos: 14843 | $15.6B)
Physical Fitness (Fitbit)
(# Cos: 9115 | $12.2B)
Smart Exercising Equipment (Zwift)
(# Cos: 167 | $3.3B)
Smart Equipment and Accessories
(Peloton)
(# Cos: 114 | $3.3B)
Home Gyms (Mirror)
(# Cos: 22 | $962M)
Mirror
(2010, United States, $72.0M)
Tonal
(2015, United States, $450M)
Tempo
(2015, United States, $398M)
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
Tonal (2015, United States)
$110M - Series D - Sep 2020
Tempo (2015, United States)
$100M - Series C - Apr 2021
OxeFit (2019, United States)
$12.5M - Series A - Dec 2020
JAXJOX (2016, United States)
$10.0M - Series A - Oct 2020
Vitruvian (2018, Australia)
$2.5M - Seed - Nov 2020
View all 8 Funding Rounds on Tracxn Platform

11. Copyright © 2021, 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
Turntide (2004, United States)
$58.7M - Series B - Sep 2020
Ubicquia (2014, United States)
$30.0M - Series C - Sep 2020
Sapient Indus.. (2018, United States)
$20.0M - Series A - Apr 2021
Cuculus (2007, Germany)
$9.1M - Series B - Jan 2021
Verdigris (2011, United States)
$7.1M - Series B - Jan 2021
View all 13 Funding Rounds on Tracxn Platform
Smart Energy Management
03
11
Back to index
Smart Cities (Inrix)
(# Cos: 1570 | $6.2B)
Smart Utilities (Turntide)
(# Cos: 545 | $2.8B)
Energy Management (Landis+Gyr)
(# Cos: 276 | $2.0B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$364M(▲1355%)
13(▲44.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
18
$2.0B
95
4
276
13
Landis+Gyr
(1896, Switzerland, $1.0B)
Turntide
(2004, United States, $433M)
Telensa
(2007, United Kingdom, $18.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

12. Copyright © 2021, 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
Tonal (2015, United States)
$110M - Series D - Sep 2020
Personal Smart Home Gym Equipments
04
12
Back to index
Smart Homes (ADT)
(# Cos: 3789 | $6.7B)
Home Appliances (Roku)
(# Cos: 338 | $1.0B)
Personal Home Gym (Tonal)
(# Cos: 2 | $450M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$360M( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$450M
1
-
2
1
Tonal
(2015, United States, $450M)
AroLeap
(2020, India)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Fitness Wristwear
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$301M( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
15
$2.2B
94
3
642
5
Fitness & Wellness Tech (Gympass)
(# Cos: 14843 | $15.6B)
Physical Fitness (Peloton)
(# Cos: 9115 | $12.2B)
Tracking and Monitoring (Withings)
(# Cos: 2122 | $3.1B)
Activity Trackers (HealthifyMe)
(# Cos: 1774 | $2.9B)
Wearable Devices (Zepp Labs)
(# Cos: 809 | $2.5B)
Wristwear (Fitbit)
(# Cos: 642 | $2.2B)
Fitbit
(2007, United States, $65.1M)
Zepp Labs
(2011, United States, $20.0M)
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)
$200M - Series F - Aug 2021
Whoop (2011, United States)
$100M - Series E - Oct 2020
Sequent (2015, Switzerland)
$698K - Seed - Jun 2021
Refresh (2016, China)
Undisclosed - Series A - Jul 2021
Aidlab (2009, Poland)
Undisclosed - Seed - Oct 2020

14. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Whoop (2011, United States)
$200M - Series F - Aug 2021
Whoop (2011, United States)
$100M - Series E - Oct 2020
Sports Performance Monitoring Device
06
14
Back to index
Consumer Electronics E-Commerce (Fitbit)
(# Cos: 2585 | $10.1B)
Sports Wearables (Polar)
(# Cos: 9 | $441M)
Performance Monitoring (Whoop)
(# Cos: 2 | $416M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$300M(▲446%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$416M
2
-
2
2
Whoop
(2011, United States, $406M)
Leomo
(2012, United States, $10.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2021, 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
MINIEYE (2013, China)
$40.2M - Series C - Oct 2020
Anzhi Auto (2016, China)
$7.8M - Series A - May 2021
Provizio (2019, Ireland)
$6.2M - Seed - Nov 2020
Enjoy Move (2018, China)
Undisclosed - Series A - Jun 2021
Chu Hang Technology (2018, China)
Undisclosed - Series A - Jul 2021
MINIEYE (2013, China)
Undisclosed - Series D - Jul 2021
Advanced Driver Assistance Systems
07
15
Back to index
Connected Vehicles (Samsara)
(# Cos: 2153 | $8.9B)
Safety and Security (Nauto)
(# Cos: 491 | $2.4B)
ADAS (Light)
(# Cos: 128 | $706M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$244M(▲281%)
7( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$706M
62
-
128
10
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 © 2021, 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
Cognite (2016, Norway)
$75.0M - Series A - Oct 2020
Urbanbase (2013, South Korea)
$11.1M - Series B - Aug 2021
Digital Twin Modelling Software
08
16
Back to index
Digital Twin (Altair)
(# Cos: 421 | $2.2B)
Development Tools (Esri)
(# Cos: 76 | $523M)
Modelling (Bentley Systems)
(# Cos: 48 | $282M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$236M(▲5158%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$282M
15
2
48
4
Bentley Systems
(1984, United States)
Cognite
(2016, Norway, $225M)
Maplesoft
(1988, Canada)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17. Copyright © 2021, 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
Cognite (2016, Norway)
$75.0M - Series A - Oct 2020
Maana (2012, United States)
$2.0M - Series C - Nov 2020
PetroDE (2011, United States)
$1.5M - Seed - Nov 2020
Oil and Gas Analytics Software
09
17
Back to index
Oil & Gas Tech (Drillinginfo)
(# Cos: 1597 | $5.7B)
Tech for Vertically Integrated Players (RigNet)
(# Cos: 196 | $734M)
Analytics (Cognite)
(# Cos: 50 | $376M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$225M( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$376M
15
-
50
6
Cognite
(2016, Norway, $225M)
Maana
(2012, United States, $90.2M)
Flutura
(2012, United States, $10.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

18. Copyright © 2021, 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
Luna (2019, Ireland)
$477K - Seed - Mar 2021
Targa Telematics (2015, Italy)
Undisclosed - Seed - Jun 2021
Telematics Based Fleet Management
10
18
Back to index
Connected Vehicles (Metromile)
(# Cos: 2153 | $8.9B)
Vehicle Telematics (KeepTruckin)
(# Cos: 983 | $2.6B)
Fleet Management (Samsara)
(# Cos: 325 | $1.8B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$190M(▼72.9%)
3(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
27
$1.8B
69
2
325
6
Samsara
(2015, United States, $930M)
KeepTruckin
(2013, United States, $417M)
Spireon
(2003, United States, $7.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Remote Patient Monitoring Wearables
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$178M(▲279%)
17(▲21.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$949M
162
5
383
27
Healthcare IT (Doximity)
(# Cos: 28927 | $69.9B)
Value Based Care (Grand Rounds)
(# Cos: 6101 | $22.8B)
Remote Monitoring (Biofourmis)
(# Cos: 1794 | $4.5B)
Hardware (iRhythm Tech)
(# Cos: 932 | $3.0B)
Wearables (DarioHealth)
(# Cos: 383 | $949M)
DarioHealth
(2010, United States, $6.0M)
Qardio
(2012, United States, $28.8M)
MC10
(2008, United States, $115M)
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
BioIntelliSense (2018, United States)
$25.0M - Series B - Sep 2020
Alio (2020, United States)
$20.0M - Series B - Jun 2021
HumanFirst (2017, United States)
$12.0M - Series A - Jun 2021
Pulsify Medical (2019, Belgium)
$4.5M - Series A - May 2021
View all 17 Funding Rounds on Tracxn Platform

20. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Smart Home Suite
12
20
Back to index
Smart Homes (Roku)
(# Cos: 3789 | $6.7B)
Smart Home Suite (ADT)
(# Cos: 664 | $978M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$177M(▲51.8%)
11(▲267%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
22
$978M
87
8
664
12
ADT
(1874, United States, $24.1M)
Vivint
(1999, United States, $100M)
Alarm.com
(2000, United States, $137M)
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
Shenzhen Wanjiaan IOT.. (2003, China)
$52.9M - Series C - Jun 2021
Wuhan Linptech (2009, China)
$7.7M - Series B - Jul 2021
RemoteLock (2004, United States)
$3.6M - Series A - Sep 2020
Shanghai Daxian Intel.. (2018, China)
$2.1M - Seed - Mar 2021
Argentum (2020, Canada)
$250K - Seed - Nov 2020
Pert (2014, India)
$204K - Angel - Oct 2020
View all 11 Funding Rounds on Tracxn Platform

21. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Elvie (2013, United Kingdom)
$80.0M - Series C - Jul 2021
Willow (2012, United States)
$55.0M - Series C - Sep 2020
Willow (2012, United States)
$26.8M - Series C - Apr 2021
Breast Pumps Wearable
13
21
Back to index
Consumer Electronics E-Commerce (Fitbit)
(# Cos: 2585 | $10.1B)
Baby Care Wearables (Owlet)
(# Cos: 9 | $339M)
Breast Pumps (Elvie)
(# Cos: 2 | $279M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$162M(▲709%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$279M
2
-
2
2
Elvie
(2013, United Kingdom, $132M)
Willow
(2012, United States, $147M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2021, 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
Tula Health (2018, United States)
$33.9M - Series A - Aug 2021
BioIntelliSense (2018, United States)
$25.0M - Series B - Sep 2020
HumanFirst (2017, United States)
$12.0M - Series A - Jun 2021
Cloud (2014, United States)
$500K - Series A - Jan 2021
Startoon Labs (2017, India)
$205K - Angel - Jan 2021
View all 9 Funding Rounds on Tracxn Platform
Remote Patient Monitoring Wearables
14
22
Back to index
Wearable Technology (Fitbit)
(# Cos: 5670 | $17.7B)
Health and Wellness Devices (Dexcom)
(# Cos: 2207 | $7.8B)
Remote Patient Monitoring (MC10)
(# Cos: 223 | $791M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$160M(▲425%)
9(▲12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$791M
97
2
223
15
MC10
(2008, United States, $115M)
BioIntelliSense
(2018, United States, $82.0M)
Cloud
(2014, United States, $3.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Driver Monitoring Systems
15
23
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
$1.0B
47
1
115
6
Connected Vehicles (Samsara)
(# Cos: 2153 | $8.9B)
Safety and Security (Light)
(# Cos: 491 | $2.4B)
Cabin Monitoring (Netradyne)
(# Cos: 131 | $1.1B)
Driver Monitoring (Nauto)
(# Cos: 115 | $1.0B)
Nauto
(2015, United States, $183M)
Netradyne
(2015, United States, $207M)
Cambridge Mobile Telem..
(2010, United States, $503M)
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

24. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Sleep Management Devices
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$144M(▲108%)
12(▲71.4%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$748M
109
2
261
15
Fitness & Wellness Tech (Peloton)
(# Cos: 14843 | $15.6B)
Mind & Body Wellness (Headspace)
(# Cos: 1890 | $1.8B)
Sleep Management (Oura)
(# Cos: 498 | $817M)
Devices (Sleep Number)
(# Cos: 261 | $748M)
Sleep Number
(1987, United States)
Oura
(2013, Finland, $148M)
Nyxoah
(2009, Belgium, $88.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Oura (2013, Finland)
$100M - Series C - May 2021
KeePAP (2012, Israel)
$15.1M - Series C - Sep 2020
Onera (2018, United States)
$12.4M - Series B - Jul 2021
SnooZeal (2015, United Kingdom)
$10.0M - Series C - Sep 2020
Nukute (2015, Finland)
$4.9M - Series A - Feb 2021
Sleepiz (2018, Switzerland)
$4.8M - Series A - Aug 2021
Zennea Technologies (2016, Canada)
$1.0M - Seed - Feb 2021
View all 12 Funding Rounds on Tracxn Platform

25. Copyright © 2021, 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
PATEO (2009, China)
Undisclosed - Series B - Oct 2020
In Vehicle Infotainment Systems
17
25
Back to index
Connected Vehicles (Samsara)
(# Cos: 2153 | $8.9B)
In Vehicle Infotainment (Drivemode)
(# Cos: 258 | $983M)
Infotainment System (Rand McNally)
(# Cos: 110 | $382M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$144M(▲ >10K%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$382M
35
1
110
3
Rand McNally
(1856, United States)
PATEO
(2009, China, $174M)
Nonda
(2014, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

26. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Diagnostics (by Technology) > Devices and Instruments > Biophysical and
Physiological Sensors > Electrophysiology > Electrocardiography > POC
Devices
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M(▲404%)
3(▼62.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$490M
31
6
64
6
Diagnostics (by Technology) (Illumina)
(# Cos: 5443 | $44.5B)
Devices and Instruments (Quanterix)
(# Cos: 2383 | $14.6B)
Biophysical and Physiological Sensors (Bardy
Diagnostics)
(# Cos: 176 | $874M)
Electrophysiology (AliveCor)
(# Cos: 139 | $826M)
Electrocardiography (iRhythm Tech)
(# Cos: 88 | $611M)
POC Devices (Eko)
(# Cos: 64 | $490M)
Eko
(2013, United States, $95.0M)
iRhythm Tech
(2006, United States, $109M)
AliveCor
(2011, United States, $114M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Eko (2013, United States)
$65.0M - Series C - Nov 2020
AliveCor (2011, United States)
$65.0M - Series E - Nov 2020
Forest Devices (2015, United States)
$1.5M - Seed - Jun 2021

27. Copyright © 2021, 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
Smart Cities > Smart Mobility > Public
Transport Management
19
27
Back to index
Smart Cities (AtHoc)
(# Cos: 1570 | $6.2B)
Smart Mobility (Inrix)
(# Cos: 386 | $1.1B)
Public Transport Management (Trafi)
(# Cos: 32 | $236M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$123M(▲ >10K%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$236M
17
2
32
4
Trafi
(2013, Lithuania, $15.0M)
Optibus
(2014, Israel, $160M)
TransLoc
(2004, United States, $8.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

28. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Macrometa (2017, United States)
$20.0M - Series A - Jun 2021
Latent AI (2018, United States)
$19.0M - Series A - Aug 2021
Ambassador (2017, United States)
$18.0M - Series B - Oct 2020
Platform9 Sys.. (2013, United States)
$12.5M - Series D - Feb 2021
EDJX (2018, United States)
$10.3M - Series A - Jan 2021
Kneron (2015, United States)
$10.0M - Series A - Mar 2021
Kneron (2015, United States)
$7.0M - Series A - May 2021
View all 19 Funding Rounds on Tracxn Platform
Edge Computing Development Platforms
20
28
Back to index
Edge Computing (Mavenir)
(# Cos: 276 | $6.5B)
Edge Computing Platforms (Fastly)
(# Cos: 141 | $1.9B)
Development (Platform9 Systems)
(# Cos: 58 | $815M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$109M(▲122%)
19(▲375%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$815M
28
-
58
13
Platform9 Systems
(2013, United States, $74.0M)
StackPath
(2015, United States, $396M)
Kneron
(2015, United States, $100M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Public Transit Planning Software
21
29
Back to index
Smart Public Transport (Moovit)
(# Cos: 746 | $1.1B)
Operator Transit Planning (Optibus)
(# Cos: 87 | $246M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
13
$246M
21
-
87
4
Optibus
(2014, Israel, $160M)
TransLoc
(2004, United States, $8.0M)
Swiftly
(2014, United States, $12.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Optibus (2014, Israel)
$107M - Series C - Mar 2021
WhereIsMyTra.. (2015, United Kingdom)
$14.5M - Series A - Jun 2021
Swiftly (2014, United States)
Undisclosed - Series A - Dec 2020
Wintics (2017, France)
Undisclosed - Seed - Sep 2020

30. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin Construction
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$104M(▲176%)
9(▲80%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$268M
21
-
40
8
Digital Twin (Siemens)
(# Cos: 421 | $2.2B)
Digital Twin Platforms (Matterport)
(# Cos: 308 | $1.7B)
Products (Altair)
(# Cos: 271 | $1.6B)
Construction (Doxel)
(# Cos: 40 | $268M)
Doxel
(2016, United States, $56.5M)
SenseHawk
(2016, United States, $7.5M)
SiteAware
(2015, United States, $15.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
LocusView (2014, United States)
$64.0M - Series A - Apr 2021
Doxel (2016, United States)
$40.0M - Series B - Aug 2021
Reconstruct (2016, United States)
$17.3M - Series B - Jul 2021
FJ Dynamics (2017, China)
$15.3M - Series A - Dec 2020
Avvir (2017, United States)
$10.0M - Series A - Mar 2021
SiteAware (2015, United States)
$10.0M - Series A - Oct 2020
Scanifly (2015, United States)
$2.3M - Seed - Jan 2021
View all 9 Funding Rounds on Tracxn Platform

31. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Urbint (2015, United States)
$60.0M - Series C - Aug 2021
Zencity (2014, Israel)
$30.0M - Series C - Jun 2021
Fraym (2015, United States)
$7.2M - Series B - May 2021
SmartClean (2017, Singapore)
$2.7M - Seed - Sep 2020
CHAOS (2013, Finland)
$1.8M - Seed - Jan 2021
Urban SDK (2018, United States)
$1.7M - Seed - Feb 2021
Shanghai Zhongyan Hon.. (2019, China)
Undisclosed - Series A - Sep 2020
View all 11 Funding Rounds on Tracxn Platform
Smart Cities > Smart Governance >
Urban Data Platforms
23
31
Back to index
Smart Cities (Inrix)
(# Cos: 1570 | $6.2B)
Smart Governance (Mapillary)
(# Cos: 274 | $538M)
Urban Data Platforms (Zencity)
(# Cos: 127 | $366M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$99.0M(▲145%)
11(▲120%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$366M
51
-
127
11
Zencity
(2014, Israel, $54.7M)
Urbint
(2015, United States, $109M)
TerraGo
(2005, United States, $24.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2021, 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
Automotive Cybersecurity
24
32
Back to index
Connected Vehicles (Samsara)
(# Cos: 2153 | $8.9B)
Safety and Security (Nauto)
(# Cos: 491 | $2.4B)
Cybersecurity (Upstream Security)
(# Cos: 44 | $278M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$98.0M(▲102%)
2(▼60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$278M
25
1
44
8
Upstream Security
(2017, Israel, $139M)
Argus Cyber Security
(2013, Israel, $30.0M)
Arxan
(2001, United States, $17.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

33. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Lactation Induction Devices
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$81.8M(▲309%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$151M
10
-
23
1
Women Health (Natera)
(# Cos: 696 | $5.2B)
Medical Devices (Inito)
(# Cos: 457 | $2.4B)
Therapy (Daré Bioscience)
(# Cos: 232 | $1.6B)
Breast (Hologic)
(# Cos: 88 | $1.1B)
Breastfeeding (Elvie)
(# Cos: 28 | $288M)
Lactation Induction (Willow)
(# Cos: 23 | $151M)
Willow
(2012, United States, $147M)
Lansinoh Laboratories
(1984, United States)
Ameda
(1942, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Willow (2012, United States)
$55.0M - Series C - Sep 2020
Willow (2012, United States)
$26.8M - Series C - Apr 2021

34. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Research Groups Listings
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.0M(▲321%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$99.2M
3
-
20
1
Life Sciences Tech (Medidata)
(# Cos: 4488 | $23.0B)
Research & Development (Illumina)
(# Cos: 3618 | $19.3B)
Scientific Sourcing (PerkinElmer)
(# Cos: 146 | $342M)
Research Groups (TetraScience)
(# Cos: 20 | $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

35. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Hearing aids
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$75.8M(▼19.4%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$925M
57
4
189
6
Assistive Tech (HopSkipDrive)
(# Cos: 2452 | $4.7B)
Assistive Hardware (Birdie)
(# Cos: 1289 | $2.3B)
Hearing (ReSound)
(# Cos: 233 | $941M)
Hearing aids (Eargo)
(# Cos: 189 | $925M)
Eargo
(2010, United States, $217M)
ReSound
(1869, Denmark)
Earlens Corporation
(2005, United States, $308M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Whisper (2016, United States)
$35.0M - Series B - Oct 2020
Earlens Corpo.. (2005, United States)
$33.2M - Series E - Jan 2021
Olive Union (2016, South Korea)
$7.0M - Series B - Apr 2021
Augmented Bionics (2018, Australia)
$650K - Seed - Sep 2020
Zhejiang Norcong Neur.. (2006, China)
Undisclosed - Series B - Sep 2020

36. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Digital Twin in Automotive Industry
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$73.6M(▲197%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$110M
5
-
8
4
Digital Twin (Siemens)
(# Cos: 421 | $2.2B)
Digital Twin Platforms (Matterport)
(# Cos: 308 | $1.7B)
Products (Altair)
(# Cos: 271 | $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

37. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Heart Rate Monitoring Devices
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$73.6M(▲513%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$101M
12
-
38
1
Cardiac and Vascular Disorders (Moderna)
(# Cos: 2499 | $30.1B)
Medical Devices (Eko)
(# Cos: 2016 | $19.3B)
Monitoring Devices (iRhythm Tech)
(# Cos: 619 | $2.1B)
Vital Signs (Withings)
(# Cos: 427 | $1.2B)
Heart Rate (BioIntelliSense)
(# Cos: 38 | $101M)
BioIntelliSense
(2018, United States, $82.0M)
Striiv
(2010, United States, $10.7M)
BioConnected
(2014, Australia)
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
BioIntelliSense (2018, United States)
$25.0M - Series B - Sep 2020
RDS (2020, France)
$3.6M - Seed - Feb 2021

38. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Seeq (2013, United States)
$50.0M - Series C - Apr 2021
MachineMetrics (2014, United Kingdom)
$20.0M - Series B - Jun 2021
Ndustrial.io (2015, United States)
$6.0M - Series A - May 2021
Seeq (2013, United States)
Undisclosed - Series B - Sep 2020
NeuCloud (2013, China)
Undisclosed - Series C - Jan 2021
Seeq (2013, United States)
Undisclosed - Series C - Aug 2021
Senseye (2015, United Kingdom)
Undisclosed - Series A - Oct 2020
Industrial Big Data Analytics
30
38
Back to index
Big Data Analytics (Sumo Logic)
(# Cos: 2513 | $33.2B)
Industry Solutions (Featurespace)
(# Cos: 732 | $8.5B)
Heavy Industries (OSIsoft)
(# Cos: 80 | $1.1B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$70.0M(▲189%)
7(▼12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$1.1B
52
-
80
16
OSIsoft
(1980, United States, $143M)
Seeq
(2013, United States, $130M)
Uptake
(2014, United States, $282M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

39. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Home Based ECG Devices
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$65.0M(▼58.5%)
3(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$385M
47
5
87
7
Cardiac and Vascular Disorders (Moderna)
(# Cos: 2499 | $30.1B)
Medical Devices (Withings)
(# Cos: 2016 | $19.3B)
Screening Devices (Acutus Medical)
(# Cos: 410 | $2.8B)
Cardiac Diagnostic (Eko)
(# Cos: 293 | $1.5B)
Electrodiagnostic Testing (ECG)
(AliveCor)
(# Cos: 220 | $866M)
Home Based (Qardio)
(# Cos: 87 | $385M)
Qardio
(2012, United States, $28.8M)
AliveCor
(2011, United States, $114M)
Preventice Solutions
(2004, United States, $137M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AliveCor (2011, United States)
$65.0M - Series E - Nov 2020
Lyfas (2017, India)
$682K - Seed - Oct 2020
Cortrium (2014, Denmark)
$31.5K - Series A - Sep 2020

40. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Cardiac Diagnostic Devices
32
40
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$65.0M(▲225%)
11(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$1.5B
130
12
293
18
Cardiac and Vascular Disorders (Moderna)
(# Cos: 2499 | $30.1B)
Medical Devices (Withings)
(# Cos: 2016 | $19.3B)
Screening Devices (Acutus Medical)
(# Cos: 410 | $2.8B)
Cardiac Diagnostic (Eko)
(# Cos: 293 | $1.5B)
Eko
(2013, United States, $95.0M)
Qardio
(2012, United States, $28.8M)
AliveCor
(2011, United States, $114M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Imperative Care (2015, United States)
$260M - Series D - Jul 2021
Eko (2013, United States)
$65.0M - Series C - Nov 2020
AliveCor (2011, United States)
$65.0M - Series E - Nov 2020
Ultromics (2017, United Kingdom)
$33.0M - Series B - Aug 2021
Bertis (2014, South Korea)
$13.5M - Series B - Jun 2021
Cardiomatics (2017, Poland)
$2.2M - Seed - Aug 2021
Lyfas (2017, India)
$682K - Seed - Oct 2020
View all 11 Funding Rounds on Tracxn Platform

41. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Heart Health Monitoring Device
33
41
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$65.0M(▲283%)
4(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$412M
52
3
158
9
Disease Self Management (Livongo)
(# Cos: 9108 | $14.0B)
Cardiac and Vascular Disorders (Bodyport)
(# Cos: 388 | $545M)
Monitoring (AliveCor)
(# Cos: 379 | $545M)
Heart Health (Cardiogram)
(# Cos: 240 | $414M)
Device (iRhythm Tech)
(# Cos: 158 | $412M)
iRhythm Tech
(2006, United States, $109M)
AliveCor
(2011, United States, $114M)
Bodyport
(2014, United States, $15.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AliveCor (2011, United States)
$65.0M - Series E - Nov 2020
Spire Health (2014, United States)
$38.0M - Series B - Jul 2021
Sky Labs (2015, South Korea)
$20.0M - Series B - Jun 2021
ten3T (2014, India)
Undisclosed - Seed - Sep 2021

42. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
LiDAR
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$64.0M( -- )
12( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
15
-
18
10
Photonics (Inphi)
(# Cos: 1309 | $10.2B)
Quantum Optics (NeoPhotonics)
(# Cos: 266 | $3.6B)
Applications (Horizon Quantum Computing)
(# Cos: 71 | $1.1B)
Scanning and Surveying (Sense Photonics)
(# Cos: 27 | $1.1B)
LiDAR (Quanergy)
(# Cos: 18 | $1.1B)
Quanergy
(2012, United States, $160M)
Sense Photonics
(2016, United States, $80.8M)
Innovusion
(2020, United States, $94.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hesai Technology (2013, China)
$300M - Series D - Jun 2021
Innovusion (2020, United States)
$64.0M - Series B - May 2021
Sense Photonics (2016, United States)
$32.1M - Series B - Nov 2020
OmniSensing Photonics.. (2016, China)
$15.6M - Series A - Jun 2021
Voyant Photon.. (2017, United States)
$15.5M - Series B - Feb 2021
Psionic (2016, United States)
$1.0M - Seed - Sep 2020
LightCode Photonics (2020, Estonia)
$516K - Seed - May 2021
View all 12 Funding Rounds on Tracxn Platform

43. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Autonomous Vehicles LIDARs
35
43
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$64.0M( -- )
23( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$3.5B
51
4
67
21
Autonomous Vehicles (Aurora)
(# Cos: 733 | $39.2B)
Enabling Technologies (Velodyne Lidar)
(# Cos: 307 | $9.4B)
Perception (Ouster)
(# Cos: 220 | $8.8B)
Sensor (Luminar Technologies)
(# Cos: 132 | $4.3B)
Lidar (Innoviz)
(# Cos: 67 | $3.5B)
Innoviz
(2016, Israel, $252M)
Luminar Technologies
(2012, United States, $306M)
Ouster
(2002, United States, $140M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hesai Technology (2013, China)
$300M - Series D - Jun 2021
Aeva (2017, United States)
$200M - Series B - Jan 2021
Luminar Techn.. (2012, United States)
$170M - Series C - Sep 2020
PATEO (2009, China)
$128M - Series B - Aug 2021
Innovusion (2016, United States)
$66.0M - Series B - Aug 2021
Innovusion (2016, United States)
$64.0M - Series B - Feb 2021
Innovusion (2020, United States)
$64.0M - Series B - May 2021
View all 23 Funding Rounds on Tracxn Platform

44. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Industrial Energy Management System
36
44
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$62.3M(▲57.3%)
9(▲12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
31
$831M
113
3
271
16
Energy Efficiency Tech (ecobee)
(# Cos: 5743 | $16.3B)
Energy Management System (Tendril)
(# Cos: 2363 | $5.5B)
Building Automation Systems
(Alarm.com)
(# Cos: 1428 | $3.2B)
IEMS (Asetek)
(# Cos: 271 | $831M)
Asetek
(1997, Denmark, $34.0M)
Device42
(2010, United States, $38.5M)
Everactive
(2012, United States, $99.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Everactive (2012, United States)
$35.4M - Series C - Sep 2020
METRON (2013, France)
$21.3M - Series B - Jul 2021
Everactive (2012, United States)
$16.0M - Series C - Aug 2021
Ndustrial.io (2015, United States)
$6.0M - Series A - May 2021
Sensor Fact (2016, Netherlands)
$4.4M - Series A - Mar 2021
Probus (2017, India)
$500K - Seed - Aug 2021
Red Dot Analytics (2016, Singapore)
Undisclosed - Seed - Jun 2021
View all 9 Funding Rounds on Tracxn Platform

45. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Voltus (2016, United States)
$31.1M - Series C - May 2021
Span.IO (2014, United States)
$30.4M - Series B - Dec 2020
Origami Energy (2013, United Kingdom)
$29.0M - Series C - Jun 2021
Voltus (2016, United States)
$25.0M - Series B - Oct 2020
David Energy (2016, United States)
$4.1M - Seed - Feb 2021
SHYFT Power S.. (2019, United States)
$3.1M - Seed - Apr 2021
AMMP Technologies (2017, Netherlands)
$1.4M - Seed - Sep 2020
View all 8 Funding Rounds on Tracxn Platform
Distributed Energy Resources
Management Software
37
45
Back to index
Smart Grid (Tendril)
(# Cos: 2051 | $7.7B)
Distributed Energy Resources (Stem)
(# Cos: 224 | $2.2B)
DERs Management (Autogrid)
(# Cos: 71 | $816M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$59.2M( -- )
8( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$816M
40
-
71
6
Autogrid
(2011, United States, $75.0M)
GridPoint
(2003, United States, $464M)
Span.IO
(2014, United States, $40.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

46. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Distributed Energy Resource
Management System
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$58.1M( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
15
$250M
33
-
89
1
Energy Efficiency Tech (Tendril)
(# Cos: 5743 | $16.3B)
Energy Management System (Alarm.com)
(# Cos: 2363 | $5.5B)
Load Management (Opower)
(# Cos: 188 | $856M)
DERMS (Nexant)
(# Cos: 89 | $250M)
Nexant
(2000, United States, $65.0M)
Franklin Energy
(1994, United States)
Voltus
(2016, United States, $66.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Voltus (2016, United States)
$31.1M - Series C - May 2021
Voltus (2016, United States)
$25.0M - Series B - Oct 2020
Virtual Peaker (2015, United States)
$2.0M - Seed - Apr 2021
Equiwatt (2015, United Kingdom)
$396K - Seed - Sep 2020

47. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
BrainQ (2011, Israel)
$40.0M - Series B - Aug 2021
Seer (2017, Australia)
$34.0M - Series A - Aug 2021
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
GaitQ (2020, United Kingdom)
$858K - Seed - Feb 2021
View all 9 Funding Rounds on Tracxn Platform
Nerve Monitoring Wearable
39
47
Back to index
Wearable Technology (Fitbit)
(# Cos: 5670 | $17.7B)
Health and Wellness Devices (Dexcom)
(# Cos: 2207 | $7.8B)
Neural (BioSerenity)
(# Cos: 71 | $305M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$55.6M(▲520%)
9(▲80%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$305M
44
-
71
7
BioSerenity
(2013, France, $95.4M)
Cala Health
(2013, United States, $80.1M)
Nymbl Science
(2014, United Kingdom, $11.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

48. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Stress Management Wearables
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$54.8M(▲ >10K%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$124M
20
-
46
3
Wearable Technology (Fitbit)
(# Cos: 5670 | $17.7B)
Health and Wellness Devices (Dexcom)
(# Cos: 2207 | $7.8B)
Mental Wellness (Muse)
(# Cos: 192 | $559M)
Stress Management (Ceribell)
(# Cos: 46 | $124M)
Ceribell
(2014, United States, $88.0M)
Moodbeam
(2016, United Kingdom, $1.7M)
Core
(2014, United States, $5.6M)
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
Apollo Neuros.. (2017, United States)
$5.9M - Series A - Feb 2021
MindLabs (2020, United Kingdom)
$1.8M - Seed - Oct 2020
Moodbeam (2016, United Kingdom)
$579K - Series A - Oct 2020

49. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Diagnostics (by Technology) > Devices and Instruments > Biophysical and
Physiological Sensors > Electrophysiology > Electroencephalograph > POC
Devices
41
49
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$53.0M( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$163M
11
-
17
2
Diagnostics (by Technology) (Illumina)
(# Cos: 5443 | $44.5B)
Devices and Instruments (Quanterix)
(# Cos: 2383 | $14.6B)
Biophysical and Physiological Sensors
(iRhythm Tech)
(# Cos: 176 | $874M)
Electrophysiology (Eko)
(# Cos: 139 | $826M)
Electroencephalograph (BrainScope)
(# Cos: 39 | $208M)
POC Devices (Ceribell)
(# Cos: 17 | $163M)
Ceribell
(2014, United States, $88.0M)
BrainScope
(2006, United States, $62.2M)
Advanced Brain Monitor..
(1997, United States, $1.2M)
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

50. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Clinic Based Epilepsy Testing Devices
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$53.0M( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$94.6M
5
1
7
1
Neurology (Biogen)
(# Cos: 2464 | $28.8B)
Medical Devices (Nexstim)
(# Cos: 880 | $5.7B)
Screening Devices (BioSerenity)
(# Cos: 263 | $1.0B)
Electrodiagnostic Testing (Empatica)
(# Cos: 114 | $543M)
Clinic Based (BrainScope)
(# Cos: 82 | $424M)
Epilepsy (Ceribell)
(# Cos: 7 | $94.6M)
Ceribell
(2014, United States, $88.0M)
Neuro Event Labs
(2015, Finland, $6.6M)
Epihunter
(2017, Belgium)
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

51. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Seeq (2013, United States)
$50.0M - Series C - Apr 2021
HarperDB (2017, United States)
$1.8M - Series A - Dec 2020
Seeq (2013, United States)
Undisclosed - Series B - Sep 2020
Seeq (2013, United States)
Undisclosed - Series C - Aug 2021
Digital Twin Asset Management
43
51
Back to index
Digital Twin (Altair)
(# Cos: 421 | $2.2B)
Development Tools (Esri)
(# Cos: 76 | $523M)
Asset Databases (Seeq)
(# Cos: 15 | $185M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$51.8M(▲22.8%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$185M
9
1
15
3
Seeq
(2013, United States, $130M)
Element Analytics
(2014, United States, $44.5M)
HarperDB
(2017, United States, $6.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52. Copyright © 2021, Tracxn Technologies 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
Raythink (2019, China)
$1.5M - Seed - Oct 2020
CY Vision (2016, United States)
Undisclosed - Series B - May 2021
Raythink (2019, China)
Undisclosed - Series A - Jun 2021
Automotive HUDs
44
52
Back to index
Connected Vehicles (Samsara)
(# Cos: 2153 | $8.9B)
In Vehicle Infotainment (Drivemode)
(# Cos: 258 | $983M)
Heads Up Display (DigiLens)
(# Cos: 54 | $377M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$51.5M(▲930%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$377M
21
-
54
6
DigiLens
(2003, United States, $149M)
WayRay
(2012, Switzerland, $98.0M)
Futurus
(2015, China, $14.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

53. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Energy Harvesting Device
45
53
Back to index
Energy Storage Tech (ChargePoint)
(# Cos: 3876 | $25.6B)
Energy Harvesting (Everactive)
(# Cos: 55 | $348M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$51.4M(▲171%)
8(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$348M
41
-
55
9
Everactive
(2012, United States, $99.6M)
EnOcean
(2001, Germany, $36.8M)
Nowi Energy
(2015, Netherlands, $13.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Everactive (2012, United States)
$35.4M - Series C - Sep 2020
Ocean Renewab.. (2004, United States)
$20.0M - Series C - Aug 2021
Everactive (2012, United States)
$16.0M - Series C - Aug 2021
Nikola Labs (2014, United States)
$6.3M - Series B - Sep 2020
Nikola Labs (2014, United States)
$5.0M - Series B - Jan 2021
Blackburn Ene.. (2014, United States)
$100K - Seed - Oct 2020
Nikola Labs (2014, United States)
Undisclosed - Series B - Feb 2021
View all 8 Funding Rounds on Tracxn Platform

54. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Internet First Sports Injury Products
Brands
46
54
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$48.0M( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$53.5M
3
-
5
1
Sports Tech (DraftKings)
(# Cos: 10550 | $17.0B)
E-Commerce (Fanatics)
(# Cos: 1519 | $4.0B)
Multi Sports (Netshoes)
(# Cos: 970 | $1.1B)
Injury Management Products (KT Tape)
(# Cos: 7 | $53.5M)
Internet First Brand (HyperIce)
(# Cos: 5 | $53.5M)
HyperIce
(2011, United States, $52.5M)
KT Tape
(2009, United States)
ENERTOR
(1998, United Kingdom, $960K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
HyperIce (2011, United States)
$48.0M - Series C - Oct 2020

55. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Online Home Furnishing Products
Retailer
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$47.7M( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
28
$1.5B
101
5
569
7
Home Improvements (LivSpace)
(# Cos: 5037 | $11.6B)
B2C Commerce (Westwing)
(# Cos: 3758 | $7.4B)
Horizontal (MADE)
(# Cos: 1107 | $4.0B)
Retailer (Wayfair)
(# Cos: 569 | $1.5B)
Wayfair
(2002, United States, $368M)
Westwing
(2011, Germany, $212M)
Brico Prive
(2012, France, $2.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bucketplace (2013, South Korea)
$70.0M - Series C - Nov 2020
Tink (2016, Germany)
$47.7M - Series D - Apr 2021
Dekoruma (2015, Indonesia)
$15.0M - Series C - Aug 2021
NADUVI (2019, Netherlands)
$10.0M - Series A - May 2021
Kemitt (2018, Egypt)
$1.0M - Seed - Apr 2021

56. Copyright © 2021, 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
Smart Cities > Public Safety > Disaster
Management
48
56
Back to index
Smart Cities (Inrix)
(# Cos: 1570 | $6.2B)
Public Safety (One Concern)
(# Cos: 54 | $152M)
Disaster Management (AtHoc)
(# Cos: 32 | $141M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$45.0M(▼20.4%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$141M
14
-
32
1
AtHoc
(1999, United States, $15.6M)
One Concern
(2015, United States, $117M)
Geospiza
(2017, United States, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2021, Tracxn Technologies 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
Onera (2018, United States)
$12.4M - Series B - Jul 2021
SnooZeal (2015, United Kingdom)
$10.0M - Series C - Sep 2020
Nukute (2015, Finland)
$4.9M - Series A - Feb 2021
Zennea Technologies (2016, Canada)
$1.0M - Seed - Feb 2021
SleepCogni (2015, United Kingdom)
$661K - Seed - Jul 2021
WhisperSom (2014, United States)
$100K - Seed - Dec 2020
Wearable Sleep Tracker
49
57
Back to index
Wearable Technology (Fitbit)
(# Cos: 5670 | $17.7B)
Health and Wellness Devices (Dexcom)
(# Cos: 2207 | $7.8B)
Sleep Monitoring (Nyxoah)
(# Cos: 171 | $491M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$44.3M(▲16.2%)
7(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$491M
70
2
171
13
Nyxoah
(2009, Belgium, $88.7M)
Dreem
(2014, France, $60.0M)
Sana
(2015, United States, $13.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
Recent Funding Rounds
Spire Health (2014, United States)
$38.0M - Series B - Jul 2021
Pulsify Medical (2019, Belgium)
$4.5M - Series A - May 2021
Cortrium (2014, Denmark)
$31.5K - Series A - Sep 2020
Wearable Heart Monitoring devices
50
58
Back to index
Wearable Technology (Fitbit)
(# Cos: 5670 | $17.7B)
Health and Wellness Devices (Dexcom)
(# Cos: 2207 | $7.8B)
Cardiac (iRhythm Tech)
(# Cos: 238 | $923M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$42.5M(▼87.1%)
3(▼75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$923M
92
1
238
10
iRhythm Tech
(2006, United States, $109M)
Empatica
(2011, Italy, $5.0M)
Sotera Wireless
(2004, United States, $156M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

59. Internet of Things - Industry Applications - Top Business
Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
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61. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Internet of Things - Industry Applications - Top Business
Models Report
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