About IOTomation
IOTomation is a company based in Noida (India) founded in 2016 by Dharmendra Rathore. IOTomation has raised $755.77 thousand across 5 funding rounds from investors including Nature Eco Ventures, Advance Valves Group and Shell E4. The company has 8 employees as of April 07, 2024. IOTomation offers products and services including iBEMS, iCOMMAND, iDDC, Parking Management System, and Access Control System. IOTomation operates in a competitive market with competitors including ecobee, Danfoss, Landis+Gyr, MRI Software and Tibber, among others.
- Headquarter Noida, India
- Employees 8 as on 07 Apr, 2024
- Founders Dharmendra Rathore
- Stage Minicorn
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction Technology
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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 Iotomation Ecotech Private Limited
- Date of Incorporation 29 Sep, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$129.89 K (USD)-11.53as on Mar 31, 2021
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Net Profit
-$317.3 K (USD)-63.02as on Mar 31, 2021
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EBITDA
-$319.66 K (USD)-157.06as on Mar 31, 2021
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Total Equity Funding
$755.77 K (USD)
in 5 rounds
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Latest Funding Round
$168.95 K (USD), Seed
Apr 02, 2021
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Investors
Nature Eco Ventures
& 7 more
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Employee Count
8
as on Apr 07, 2024
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Products & Services of IOTomation
IOTomation offers a comprehensive portfolio of products and services, including iBEMS, iCOMMAND, iDDC, Parking Management System, and Access Control System.
IoT solution for optimizing energy usage and integrating building systems.
Platform for central control and remote management of building assets.
IoT-enabled controllers for responsive environmental control applications.
System for efficient parking monitoring and access in various settings.
Solution for secure entry and visitor management in buildings.
Funding Insights of IOTomation
IOTomation has successfully raised a total of $755.77K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $168.95 thousand completed in April 2021. 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 IOTomation
IOTomation has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Nature Eco Ventures, Advance Valves Group and Shell E4.
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Energy sectors are targeted by Shell-backed accelerator program.
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Investment in startups and various companies by Nature Eco Ventures.
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Produces valves for oil, gas, power, and chemical industries globally.
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Investor details for IOTomation
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Investments & Acquisitions by IOTomation
Investment portfolio details for IOTomation
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Financial Statements - IOTomation
Detailed financials for IOTomation
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Iotomation Comparisons
Peer comparison for IOTomation
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Competitors of IOTomation
IOTomation 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 ecobee, Danfoss, Landis+Gyr, MRI Software and Tibber, among others.
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Provider of smart thermostats for commercial and residential applications
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Manufacturer of energy efficiency products
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Provider of solutions for energy monitoring for residential building
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Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of IOTomation
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Latest news on Iotomation
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Frequently Asked Questions about IOTomation
IOTomation was founded in 2016 and raised its 1st funding round 1 year after it was founded.
IOTomation is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Dharmendra Rathore is the current CEO of IOTomation. They have also founded this company.
IOTomation is a funded company, having raised a total of $755.77K across 5 funding rounds to date.
As of Apr 07, 2024, the latest employee count at IOTomation is 8.
Annual revenue of IOTomation is $129.89K as on Mar 31, 2021.
Provider of AI and cloud-based building automation solutions. Its offerings include IoT-based smart access control systems, cloud-based remote monitoring hubs, parking sensors, traffic monitoring sensors, energy meters, and an AI-based remote monitoring platform for building automation and remote management.
IOTomation's top competitors include ecobee, Landis+Gyr and Danfoss.
IOTomation offers iBEMS, iCOMMAND, iDDC, Parking Management System, and Access Control System.
IOTomation has 8 investors. Key investors include Nature Eco Ventures, Advance Valves Group, Shell E4, Priyank Shanker Garg, and Sunil Sharma.
The valuation of IOTomation is $12.75M as of Apr 2021.