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
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Sectors
TechnologyEnvironment
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.35 M (USD)
in 1 rounds
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Latest Funding Round
$3.35 M (USD), Series A
Sep 22, 2016
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Investors
GROUPE CLAIRE
& 3 more
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Employee Count
Not available
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Acquired by
Ubigreen
(Jan 23, 2020)
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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.
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.
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ENGIE New Ventures is focused on cleantech startup investments.
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Demeter is recognized as a major European investor in venture capital and private equity for energy and ecological transition.
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Designer and manufacturer of water flow control equipment
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Investor details for Connit
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Investments & Acquisitions by Connit
Investment portfolio details for Connit
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Financial Statements - Connit
Detailed financials for Connit
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Connit Comparisons
Peer comparison for Connit
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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.
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IoT connectivity platform from prototype to production is developed.
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PTC is recognized as a global leader in product lifecycle management software.
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Provider of a platform for IoT and edge computing applications
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Provider of data integration, application modernization, and digital transformation solutions
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An IoT platform is provided for industrial applications.
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Middleware and IoT solutions are provided for enterprise digital transformation.
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Detailed competitors of Connit
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Latest news on Connit
Complete news archive for Connit
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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.
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.