EMnify

Wurzburg, Germany Founded: 2014 • Age: 12 yrs
Cloud platform for M2M and IoT connectivity is offered.
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About EMnify

EMnify is a company based in Wurzburg (Germany) founded in 2014.. EMnify has raised $65.83 million across 3 funding rounds from investors including One Peak and Lars Singbartl. EMnify has completed 1 acquisition, including cinco. EMnify offers products and services including IoT SuperNetwork, IoT eSIM, and IoT Connectivity Management. EMnify operates in a competitive market with competitors including Cradlepoint, Actility, Ondas Networks, Kajeet and Celona, among others.

  • Headquarter Wurzburg, Germany
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Emnify Gmbh
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $65.83 M (USD)

    in 3 rounds

  • Latest Funding Round
    $57 M (USD), Series B

    Jan 20, 2022

  • Investors
    One Peak

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of EMnify

EMnify offers a comprehensive portfolio of products and services, including IoT SuperNetwork, IoT eSIM, and IoT Connectivity Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Delivers global IoT coverage and real-time management for businesses.

Enables customizable eSIM profiles for specific IoT use cases.

Handles provisioning and monitoring of IoT devices at scale.

People of EMnify
Headcount 50-200
Employee Profiles 25
Employee Profiles
People
Kenneth de Spiegeleire
Chief Revenue Officer (cro)
People
Artur Michalczyk
Chief Technology Officer
People
Christopher Ruettgers
Chief Product Officer (cpo)
People
Matthias Schmeisser
Vp, People & Organisation

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Funding Insights of EMnify

EMnify has successfully raised a total of $65.83M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $57 million completed in January 2022. 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
  • Total Rounds 3
  • Last Round Series B — $57.0M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2022 Amount Series B - EMnify Valuation One Peak
Oct, 2019 Amount Series A - EMnify Valuation

investors

Mar, 2016 Amount Seed - EMnify Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in EMnify

EMnify has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include One Peak and Lars Singbartl. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital investment in tech-enabled healthcare, cybersecurity and climate-tech startups
Founded Year Domain Location

Lars Singbartl

German angel investor in Indian startups, ex-Google, focuses on tech
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by EMnify

EMnify has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include cinco. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
IoT services are provided for agriculture, logistics, and industries.
2018
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - EMnify

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Emnify Comparisons

Employees
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Competitors of EMnify

EMnify 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 Cradlepoint, Actility, Ondas Networks, Kajeet and Celona, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based network infrastructure for IoT applications is provided.
domain founded_year HQ Location
Platform for IoT deployments and network connectivity management is provided.
domain founded_year HQ Location
Broadband communication technologies for IoT are developed and deployed.
domain founded_year HQ Location
IoT connectivity and management solutions are provided for various markets.
domain founded_year HQ Location
Cloud-based WiFi infrastructure connectivity management software is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Emnify

Frequently Asked Questions about EMnify

When was EMnify founded?

EMnify was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is EMnify located?

EMnify is headquartered in Wurzburg, Germany. It is registered at Wurzburg, Bavaria, Germany.

Is EMnify a funded company?

EMnify is a funded company, having raised a total of $65.83M across 3 funding rounds to date.

What does EMnify do?

Emnify was founded in 2014 in Wurzburg, Germany, focusing on the IoT and M2M sector. A cloud-based platform is provided to operators for sourcing, provisioning, and managing international connectivity. Operations are handled from a single point of contact, with real-time scaling to meet enterprise needs. Services include connectivity management and oversight for global M2M deployments.

Who are the top competitors of EMnify?

EMnify's top competitors include Cradlepoint, Hologram and Celona.

What products or services does EMnify offer?

EMnify offers IoT SuperNetwork, IoT eSIM, and IoT Connectivity Management.

How many acquisitions has EMnify made?

EMnify has made 1 acquisition, including cinco.

Who are EMnify's investors?

EMnify has 2 investors. Key investors include One Peak, and Lars Singbartl.

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