About Things on Net
Things on Net is a company based in Bangkok (Thailand) founded in 2019.. Things on Net has raised $5.95 million across 1 funding round from investors including RATCH. Things on Net operates in a competitive market with competitors including Sigfox, Thinxtra, iWire Connect, WND and Xperanti, among others.
- Headquarter Bangkok, Thailand
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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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- Legal Name Things On Net Company Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.95 M (USD)
in 1 rounds
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Latest Funding Round
$5.95 M (USD), Series A
Nov 21, 2019
- Investors
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Employee Count
Employee Count
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Funding Insights of Things on Net
Things on Net has successfully raised a total of $5.95M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.95 million completed in November 2019. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $6.0M
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First Round
First Round
(21 Nov 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series A - Things on Net | Valuation | RATCH |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Things on Net
Things on Net has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include RATCH. 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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Electricity generation projects are invested in and operated by RATCH.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 Things on Net
| 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 - Things on Net
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Things On Net Comparisons
Competitors of Things on Net
Things on Net 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 Sigfox, Thinxtra, iWire Connect, WND and Xperanti, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wireless connectivity solutions for IoT and M2M devices are provided.
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| domain | founded_year | HQ Location |
Provides network solutions for IOT Applications in Australia and New Zealand
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| domain | founded_year | HQ Location |
Sigfox-based IoT connectivity solutions are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Provider of a solution to deploy and manage Sigfox Network
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| domain | founded_year | HQ Location |
Offers IoT solutions for smart cities, facilities, agriculture, and resource monitoring.
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| domain | founded_year | HQ Location |
Sigfox network operations are authorized and managed by Engie M2M.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Things on Net
When was Things on Net founded?
Things on Net was founded in 2019.
Where is Things on Net located?
Things on Net is headquartered in Bangkok, Thailand.
Who is the current CEO of Things on Net?
Prapan Asvaplungprohm is the current CEO of Things on Net.
Is Things on Net a funded company?
Things on Net is a funded company, having raised a total of $5.95M across 1 funding round to date. The company's 1st funding round was a Series A of $5.95M, raised on Nov 21, 2019.
What does Things on Net do?
Things on Net was established in 2019 in Bangkok, Thailand, as an operator of Sigfox-based networking for IoT applications. Coverage is extended to over 65 countries, with signals distributed to support various organizations. Operations focus on sectors such as agriculture, smart cities, retail, logistics, supply chain, and utilities, enabling connectivity for diverse IoT deployments.
Who are the top competitors of Things on Net?
Who are Things on Net's investors?
Things on Net has 1 investor. Key investors include RATCH.
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