About The Things Industries
The Things Industries is a company based in Amsterdam (Netherlands) founded in 2016 by Wienke Giezeman and Johan Stokking. It operates as a SaaS (Software-as-a-Service), and Managed Services. The Things Industries offers products and services including The Things Stack, IoT Hardware, and Support Services. The Things Industries operates in a competitive market with competitors including Senet, eleven-x, OrbiWise, Hivello Holdings and TrackNet, among others.
- Headquarter Amsterdam, Netherlands
- Founders Wienke Giezeman, Johan Stokking
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Sectors
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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$62.55 K (USD), Grant
Feb 01, 2018
- Investors
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Employee Count
Employee Count
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Products & Services of The Things Industries
The Things Industries offers a comprehensive portfolio of products and services, including The Things Stack, IoT Hardware, and Support Services. 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.
LoRaWAN network server for scalable IoT solutions provided.
Hardware solutions for IoT projects are offered here.
Premium support and consultancy for IoT are provided.
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Funding Insights of The Things Industries
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $62,546
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First Round
First Round
(01 Jul 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2018 | Amount | Grant - The Things Industries | Valuation |
investors |
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| Jul, 2016 | Amount | Grant - The Things Industries | Valuation |
investors |
| 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 |
investors |
Investors in The Things Industries
The Things Industries has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 The Things Industries
| 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 - The Things Industries
| 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 |
investors |
The Things Industries Comparisons
Competitors of The Things Industries
The Things Industries 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 Senet, eleven-x, OrbiWise, Hivello Holdings and TrackNet, 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 |
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LoRa-based connectivity solutions are provided for IoT applications.
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Wireless telecommunications software for IoT connectivity is developed.
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Network software solutions for LoRaWAN-based IoT connectivity are provided.
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LoRaWAN technology is developed for decentralized IoT networks.
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End-to-end LoRaWAN solutions for IoT applications are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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Latest news on The Things Industries
Frequently Asked Questions about The Things Industries
When was The Things Industries founded?
The Things Industries was founded in 2016.
Where is The Things Industries located?
The Things Industries is headquartered in Amsterdam, Netherlands.
Who is the current CEO of The Things Industries?
Wienke Giezeman is the current CEO of The Things Industries. They have also founded this company.
What does The Things Industries do?
The Things Industries is established as a leader in enterprise LoRaWAN solutions, focusing on IoT network scalability, security, and cost-effectiveness. Solutions are provided for various commercial IoT projects across sectors like healthcare, agriculture, and smart cities. Their flagship product, The Things Stack, is utilized to manage and monitor IoT networks. Support services and hardware solutions are also offered to facilitate comprehensive IoT deployments. Partnerships with industry experts and access to ecosystems are enabled to enhance project outcomes.
Who are the top competitors of The Things Industries?
The Things Industries's top competitors include Senet, Hivello Holdings and SenRa.
What products or services does The Things Industries offer?
The Things Industries offers The Things Stack, IoT Hardware, and Support Services.
Who are The Things Industries's investors?
The Things Industries has 1 investor. Key investors include European Union.