About Connit
Connit is a company based in Labege (France) founded in 2012 was acquired by Ubigreen in January 2020. Connit has raised $3.35 million across 1 funding round from investors including GROUPE CLAIRE, Ubigreen and ENGIE New Ventures. Connit operates in a competitive market with competitors including Particle, PTC, Ayla Networks, Software AG and EVRYTHNG, among others.
- Headquarter Labege, France
- SectorsTechnologyEnvironment
- Email••••••••
- Phone•••• ••••
- Website connit.com
- Social LinkedIn X Facebook
- Acquired by Ubigreen (Jan 2020)
- Total Equity Funding$3.35M (USD)
in 1 rounds
- Latest Funding Round$3.35M (USD), Series A
Sep 2016
- InvestorsGROUPE CLAIRE
& 3 more
- Acquired byUbigreen
(Jan 2020)
Funding Insights of Connit
Connit has successfully raised a total of $3.35M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.35 million completed in September 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.35M
- Total Rounds 1
- Last Round Series A — $3.35M
- First Round $3.35M
(Sep 2016)
- Investors Count 3
All 1 funding rounds of Connit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2016 | $3.35M | Series A | – | ENGIE New Ventures, Demeter |
4 investors in total: 4 institutional.
Investors in Connit
Connit has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include GROUPE CLAIRE, Ubigreen and ENGIE New Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ENGIE New Ventures is focused on cleantech startup investments. | 2014 | engieventures.com | Paris, France | |
Demeter is recognized as a major European investor in venture capital and private equity for energy and ecological transition. | – | demeter-im.com | Paris, France | |
Designer and manufacturer of water flow control equipment | 1990 | groupe-claire.com | Paris, France | |
Provider of solutions for energy management | 2011 | ubigreen.com | Labege, France |
Investor details for Connit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Connit
3 dated milestones of Connit across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Connit is founded.
- Funding First funding round of $3.3M.
- Exit Acquired by Ubigreen.
Competitors of Connit
Connit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, PTC, Ayla Networks, Software AG and EVRYTHNG, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| ptc.com | 1985 | Boston, United States | – | 353 | PTC is recognized as a global leader in product lifecycle management software. | |
| aylanetworks.com | 2010 | Milpitas, United States | $144.4M | 75 | Provider of a platform for IoT and edge computing applications | |
| softwareag.com | 1969 | Darmstadt, Germany | – | – | Provider of data integration, application modernization, and digital transformation solutions | |
| evrythng.com | 2011 | London, United Kingdom | $108.8M | 39 | An IoT platform is provided for industrial applications. | |
| relayr.io | 2013 | Berlin, Germany | $86.2M | 109 | Middleware and IoT solutions are provided for enterprise digital transformation. | |
| telkomsel.com | 1995 | Jakarta, Indonesia | – | – | Offers mobile plans, internet services, and promotions for customers in Indonesia. | |
| faclon.com | 2016 | Mumbai, India | $2.79M | 154 | Industrial data and AI platform for decision intelligence is offered. | |
| vantiq.com | 2014 | Walnut Creek, United States | $56.39M | – | Cloud-based end-to-end IoT platforms are provided by Vantiq. |
Detailed competitors of Connit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Connit
Websites that share an audience with Connit (connit.com).
Websites whose visitors overlap most with Connit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| buydomains.com | 100% | 288K | #154,011 | View details |
Similar companies to Connit
10 companies that operate in the same segment as Connit (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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Frequently Asked Questions about Connit
Connit was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Connit is headquartered in Labege, France. It is registered at Labege, Haute-garonne, France.
Connit is a funded company, having raised a total of $3.35M across 1 funding round to date. The company's 1st funding round was a Series A of $3.35M, raised on Sep 2016.
Connit was founded in 2012 in Labege, France, within the IoT sector. A platform is provided for developing IoT applications, where sensor data is stored and analyzed, connected devices are managed, and dashboards are created for data visualization. Collected data can be exported to third-party platforms via APIs. Solutions based on SigFox and LoRa protocols are offered for smart building and water supply management applications.
Connit's top competitors include Particle, Software AG and PTC.
Connit has 4 investors. Key investors include GROUPE CLAIRE, Ubigreen, ENGIE New Ventures, and Demeter.
Yes. Connit was acquired by Ubigreen in January 2020.