About Sonim Technologies
Sonim Technologies is a company based in San Mateo (United States) founded in 1999. Sonim Technologies has raised $106.11 million across 13 funding rounds from investors including Accel, B. Riley Financial and Apax Partners. The company has 160 employees as of December 31, 2024. Sonim Technologies offers products and services including XP Pro, H500 Mobile Hotspot, and XP10. Sonim Technologies operates in a competitive market with competitors including Motorola Mobility, Apple, Essential, Meizu and Lume Cube, among others.
- Headquarter San Mateo, United States
- Employees 160 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Sonim Technologies, Inc.
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Annual Revenue
$58.3 M (USD)-37.74as on Dec 31, 2024
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Net Profit
-$33.65 M (USD)-37286.67as on Dec 31, 2024
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EBITDA
-$26.12 M (USD)-1060.54as on Dec 31, 2024
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Total Equity Funding
$106.11 M (USD)
in 13 rounds
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Latest Funding Round
$12.5 M (USD), Post-IPO
Jul 13, 2022
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Investors
Accel
& 6 more
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Employee Count
160
as on Dec 31, 2024
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IPO & Listings of Sonim Technologies
Sonim Technologies is a publicly listed company on the NASDAQ with ticker symbol SONM 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 Sonim Technologies
Sonim Technologies offers a comprehensive portfolio of products and services, including XP Pro, H500 Mobile Hotspot, and XP10.
Ultra-rugged 5G smartphone for tough industrial use
Provides high-speed connectivity in challenging environments
Durable mobile device for demanding work conditions
People of Sonim Technologies
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Funding Insights of Sonim Technologies
Sonim Technologies has successfully raised a total of $106.11M across 13 strategic funding rounds. The most recent funding activity was a Post-IPO round of $12.5 million completed in July 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.
Investors in Sonim Technologies
Sonim Technologies has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, B. Riley Financial and Apax Partners.
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Private equity firm focused on mid-market businesses
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Investor details for Sonim Technologies
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Investments & Acquisitions by Sonim Technologies
Investment portfolio details for Sonim Technologies
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Financial Statements - Sonim Technologies
Detailed financials for Sonim Technologies
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Sonim Technologies Comparisons
Peer comparison for Sonim Technologies
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Competitors of Sonim Technologies
Sonim 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 Motorola Mobility, Apple, Essential, Meizu and Lume Cube, among others.
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Mobile devices, cases, tablets, and screen protectors are offered online.
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Consumer electronics, computers, and software are designed and sold worldwide.
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Manufacturer of smartphones and accessories
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Multi-category consumer electronics are provided by an internet-first brand.
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Multi-category consumer electronics are provided by an internet-first brand.
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Detailed competitors of Sonim Technologies
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Latest news on Sonim Technologies
Complete news archive for Sonim Technologies
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Frequently Asked Questions about Sonim Technologies
Sonim Technologies was founded in 1999 and raised its 1st funding round 3 years after it was founded.
Sonim Technologies is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Sonim Technologies is a funded company, having raised a total of $106.11M across 13 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Sonim Technologies is 160.
Annual revenue of Sonim Technologies is $58.3M as on Dec 31, 2024.
Sonim Technologies specializes in workforce-critical communication tools for vertical industries including construction, security guarding, oil, gas, and chemical operations, utilities, transportation and logistics, forestry, agriculture, and defense. It provides rugged, water-submersible mobile phones designed specifically for workers in demanding and hazardous environments. Has partnered with application developers to provide a suite of high-performance workforce-critical applications such as push-to-talk, lone workerman-down safety services, mobile resource management and time and activity verification. Sonim phones are backed by a three-year comprehensive warranty, covering manufacturing defects and accidental damage. Sonim also pioneers in intrinsically safe phones, devices certified to operate in potentially explosive atmospheres.
Sonim Technologies's top competitors include Apple, Motorola Mobility and Essential.
Sonim Technologies offers XP Pro, H500 Mobile Hotspot, and XP10.
Yes, Sonim Technologies is publicly traded on NASDAQ under the ticker symbol SONM.
Sonim Technologies has 7 investors. Key investors include Accel, B. Riley Financial, Apax Partners, 3i Group, and AJP Group.
The ticker symbol of Sonim Technologies is SONM on NASDAQ.