Iota Technologies

Pune, India Founded: 2021 • Age: 5 yrs
ERP software is developed for manufacturing, sales, and distribution sectors.
Annual revenue $30 Latest available
Total funding $16.9M 2 rounds
Employees 1 Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Iota Technologies

Iota Technologies is a company based in Pune (India) founded in 2021 by Ivan D and T J Rulapaugh. Iota Technologies has raised $16.9 million across 2 funding rounds from investors including Oxy, Altira Group and Aramco Ventures. The company has 1 employees as of March 27, 2024. Iota Technologies offers products and services including VUE, Migrations, Integrations, and Solutions. Iota Technologies operates in a competitive market with competitors including AVEVA, Katana MRP, IQMS, ProShop and FactoryFour, among others.

  • Headquarter Pune, India
  • Employees 1 as on 27 Mar, 2024
  • Founders Ivan D, T J Rulapaugh
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Iota Technologies Limited
  • Date of Incorporation 15 Mar, 1999
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $29.88 (USD)
    -87.55
    as on Mar 31, 2022
  • Net Profit
    -$1.3 K (USD)
    -490.57
    as on Mar 31, 2022
  • EBITDA
    -$969.03 (USD)
    -982.43
    as on Mar 31, 2022
  • Total Equity Funding
    $16.9 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10.4 M (USD), Series A

    Oct 16, 2024

  • Investors
    Oxy

    & 3 more

  • Employee Count
    1

    as on Mar 27, 2024

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Products & Services of Iota Technologies

Iota Technologies offers a comprehensive portfolio of products and services, including VUE, Migrations, Integrations, and Solutions.

Product name locked
Category locked
Primary

Unified view for operations, analytics, and insights in industrial settings.

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Tool for migrating dashboards without disrupting operations.

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Seamless connection of data sources for unified operations.

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Custom views for industries and personas in manufacturing.

Funding Insights of Iota Technologies

Iota Technologies has successfully raised a total of $16.9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.4 million completed in October 2024. 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 Iota Technologies

Iota Technologies has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Oxy, Altira Group and Aramco Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth stage energy sector focused VC firm investing primarily in the US and Canada
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Early-stage startups are targeted for investment by Aramco Ventures.
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Investments & Acquisitions by Iota Technologies

Investments
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Investment portfolio details for Iota Technologies

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Financial Statements - Iota Technologies

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Detailed financials for Iota Technologies

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Iota Technologies Comparisons

Iota Technologies Primary company
Description
ERP software is developed for manufacturing, sales, and dist...
Location
Pune, India
Founded Year
2021
Annual Revenue
$29.88 (USD)
Net Profit
-$1.3 K (USD)
EBITDA
-$969.03 (USD)
Employees
1
As of 2024
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Peer comparison for Iota Technologies

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Competitors of Iota Technologies

Iota Technologies 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 AVEVA, Katana MRP, IQMS, ProShop and FactoryFour, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based data visualization and dashboard development are facilitated.
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Cloud-based software is used for inventory and production management.
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ERP software developer for manufacturing industry
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Cloud-based ERP software is provided for manufacturing enterprises.
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Cloud-based manufacturing software is provided for multiple industries.
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Cloud ERP applications are provided for product planning and manufacturing.
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Detailed competitors of Iota Technologies

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Latest news on Iota Technologies

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Complete news archive for Iota Technologies

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Frequently Asked Questions about Iota Technologies

Iota Technologies was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Iota Technologies is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Ivan D is the current CEO of Iota Technologies. They have also founded this company.

Iota Technologies is a funded company, having raised a total of $16.9M across 2 funding rounds to date.

As of Mar 27, 2024, the latest employee count at Iota Technologies is 1.

Annual revenue of Iota Technologies is $29.88 as on Mar 31, 2022.

Iota Technologies was founded in 2021 in Pune, India, focusing on the manufacturing industry. Sixth Sense ERP is provided for operations in sales, distribution, manufacturing planning, inventory, purchases, financial accounting, payroll, and Indian statutory compliance. Additional offerings include vertical-specific solutions and Sixth Sense CRM. Consulting and training services are also extended to support implementation.

Iota Technologies's top competitors include Katana MRP, AVEVA and IQMS.

Iota Technologies offers VUE, Migrations, Integrations, and Solutions.

Iota Technologies has 4 investors. Key investors include Oxy, Altira Group, Aramco Ventures, and Second Avenue Partners.

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