About Inseego
Inseego is a company based in San Diego (United States) founded in 1985.. Inseego has raised $64.3 million across 7 funding rounds from investors including Mubadala, HC2 Holdings and North Sound Capital. The company has 218 employees as of December 31, 2024. Inseego has completed 2 acquisitions, including Enfora and Feeney Wireless. Inseego offers products and services including 5G Indoor Routers, Mobile Hotspots, and 4G LTE & 5G IoT Gateways. Inseego operates in a competitive market with competitors including Samsara, Spireon, Radius, GreenRoad and Lytx, among others.
- Headquarter San Diego, United States
- Employees 218 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyTelecommunications
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Inseego Corp.
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Annual Revenue
$191.24 M14.32as on Dec 31, 2024
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Net Profit
$4.57 M109.89as on Dec 31, 2024
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EBITDA
$15.17 M194.05as on Dec 31, 2024
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Total Equity Funding
$64.3 M (USD)
in 7 rounds
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Latest Funding Round
$25 M (USD), Post-IPO
Mar 10, 2020
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Investors
Mubadala
& 7 more
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Employee Count
218
as on Dec 31, 2024
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Investments & Acquisitions
Enfora
& 1 more
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IPO & Listings of Inseego
Inseego is a publicly listed company on the NASDAQ with ticker symbol INSG in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Inseego
Inseego offers a comprehensive portfolio of products and services, including 5G Indoor Routers, Mobile Hotspots, and 4G LTE & 5G IoT Gateways. 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.
Plug and play devices for rapid, cost-effective wireless deployment
Portable tools for instant 4G LTE and 5G access
Reliable gateways for continuous business internet connectivity
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Funding Insights of Inseego
Inseego has successfully raised a total of $64.3M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $25 million completed in March 2020. 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 Funding
- Total Rounds 7
- Last Round Post-IPO — $25.0M
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First Round
First Round
(11 Jan 2000)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2020 | Amount | Post-IPO - Inseego | Valuation |
investors |
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| Aug, 2018 | Amount | Post-IPO - Inseego | Valuation |
investors |
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| Sep, 2014 | Amount | Post-IPO - Inseego | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Inseego
Inseego has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Mubadala, HC2 Holdings and North Sound Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tavistock Group is engaged in global diversified investments.
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Founded Year | Domain | Location | |
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Investment services in business and manufacturing sectors through equity and debt capital.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Inseego
Inseego has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Enfora and Feeney Wireless. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Wireless asset management solutions are delivered via distributed intelligence architecture.
|
1999 | ||||
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Hardware and software connectivity products for IoT applications are offered.
|
1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Inseego
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Inseego Comparisons
Competitors of Inseego
Inseego 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 Samsara, Spireon, Radius, GreenRoad and Lytx, 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 |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
SaaS-enabled solutions for fleet and field service management are offered.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Fleet telematics and management solutions for safe driving are provided.
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| domain | founded_year | HQ Location |
Provider of video telematics and fleet management solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Inseego
Frequently Asked Questions about Inseego
When was Inseego founded?
Inseego was founded in 1985 and raised its 1st funding round 15 years after it was founded.
Where is Inseego located?
Inseego is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Who is the current CEO of Inseego?
Dan Mondor is the current CEO of Inseego.
Is Inseego a funded company?
Inseego is a funded company, having raised a total of $64.3M across 7 funding rounds to date. The company's 1st funding round was a Post-IPO of $14.41M, raised on Jan 11, 2000.
How many employees does Inseego have?
As of Dec 31, 2024, the latest employee count at Inseego is 218.
What is the annual revenue of Inseego?
Annual revenue of Inseego is $191.24M as on Dec 31, 2024.
What does Inseego do?
Inseego was founded in 1985 and is headquartered in San Diego, United States. Operations focus on the IoT sector, where modems, mobile hotspots, and related networking hardware are developed and supplied. A platform for managing internet-connected devices is also offered, enabling data visualization and conversion into business intelligence. Applications include asset tracking, fleet management, and mobile broadband services.
What products or services does Inseego offer?
Inseego offers 5G Indoor Routers, Mobile Hotspots, and 4G LTE & 5G IoT Gateways.
Is Inseego publicly traded?
Yes, Inseego is publicly traded on NASDAQ under the ticker symbol INSG.
How many acquisitions has Inseego made?
Inseego has made 2 acquisitions, including Enfora, and Feeney Wireless.
Who are Inseego's investors?
Inseego has 8 investors. Key investors include Mubadala, HC2 Holdings, North Sound Capital, Tavistock Group, and Aether Systems.
What is Inseego's ticker symbol?
The ticker symbol of Inseego is INSG on NASDAQ.
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