About IoT83
IoT83 is a company based in Milpitas (United States) founded in 2016 by Akhil Arora, Lee House, and Deep Nayar. It operates as a B2B, and SaaS. IoT83 offers products and services including Flex83 Platform, Asset Performance Management, and Asset Remote Monitoring. IoT83 operates in a competitive market with competitors including PubNub, ThingWorx, Seebo, Losant and ClearBlade, among others.
- Headquarter Milpitas, United States
- Founders Akhil Arora, Lee House, Deep Nayar
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Technology
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- Legal Name Iot83
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Products & Services of IoT83
IoT83 offers a comprehensive portfolio of products and services, including Flex83 Platform, Asset Performance Management, and Asset Remote Monitoring. 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.
Enables custom IIoT applications for industrial asset monitoring and optimization.
Assesses industrial asset health to reduce maintenance costs and improve efficiency.
Tracks and manages asset status for enhanced operational security and utilization.
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Funding Insights of IoT83
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investments & Acquisitions by IoT83
| 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.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - IoT83
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Iot83 Comparisons
Competitors of IoT83
IoT83 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 PubNub, ThingWorx, Seebo, Losant and ClearBlade, 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.
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Real-time app development is facilitated via cloud-based infrastructure.
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Platform to build and run applications for connected devices
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Cloud-based digital twin platform for IoT lifecycle management is provided.
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Cloud-based platform for IoT application development is provided.
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Provider of cloud-based edge computing platform
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IoT application development platform and mobility solutions are provided.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about IoT83
When was IoT83 founded?
IoT83 was founded in 2016.
Where is IoT83 located?
IoT83 is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Who is the current CEO of IoT83?
Lee House is the current CEO of IoT83. They have also founded this company.
What does IoT83 do?
IoT83 specializes in developing custom IIoT applications through its Flex83 platform, helping industrial OEMs address digital challenges by integrating AI and monitoring tools. It enables faster time-to-market, cost savings, and predictive maintenance for assets. Based in Milpitas, USA, the company serves global clients in manufacturing and operations by offering scalable solutions that enhance efficiency and revenue streams.
What products or services does IoT83 offer?
IoT83 offers Flex83 Platform, Asset Performance Management, and Asset Remote Monitoring.