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Industrial IoT Report – October 2016
Industrial IoT Report – October 2016
Tracxn
World’s Largest Startup Research Platform
2
Industrial IoT Report – October 20163
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 10
Who is Investing 18
Exit Outlook - IPO, Acquisitions 22
Sub Sector Analysis 25
Interesting Companies 41
Useful Links 55
Company List 57
Team 156
Contents
Industrial IoT Report – October 20164
Sector Overview
Scope of report
This report covers companies that are riding the Internet of Things (IoT) wave to develop connected solutions for industries to
improve efficiency and make more informed decisions. The solutions provided are sensors which generate data from
surroundings, cloud systems which capture, store and analyse data and interfaces for visualization of data. Report excludes
legacy systems like ERP, SCADA etc and also excludes cloud solutions that pick up manually entered data.
Drones, Robots and enabling technologies like infrastructure platforms are not part of this report and would be present in other
relevant reports from Tracxn. For funding, this report only includes venture capital/private equity funding rounds and excludes
debt financing and grants/prize money.
The scope of this report includes equity as well as debt funding received by the companies.
Industrial IoT Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
5
Industrial IoT Report – October 2016
31
54
84
119
158
97
0
36
72
108
144
180
2010 2011 2012 2013 2014 2015
NumberofCompanies
6
YoY – Number of companies founded
Euclid Analytics Swirl Networks Sight Machine Tachyus Uptake Samsara
Propeller Health
(Asthamapolis)
Vital Connect DazzleTek Building Robotics
Farmer's Business
Network
AIRAg
Industrial IoT Report – October 20167
Large Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Example
73 2013 29 Retail > In-store Marketing $119M
Swirl Networks
2011, Boston
67 2011.4 38 Retail > Analytics $346M
RetailNext
2007, San Jose
17 2011.2 10
Healthcare > Medication
Adherence
$470M
Proteus Digital Health
2001, Redwood City
130 2010.8 57
Agriculture > Farm Monitoring and
Management
$244M
The Climate Corporation
2006, San Francisco
49 2010.2 30 Analytics $428M
OSIsoft
1980, San Leandro
58 2009.9 33 Smart Buildings > Energy Efficiency $1.1B
View Dynamic Glass
2007, Milpitas
34 2009.6 14 Surveillance > Asset Tracking $88M
Helium
2006, San Francisco
39 2009.6 19 Fleet Management $442M
SmartDrive
2004, San Diego
Industrial IoT Report – October 20168
Niche Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Tracxn Picks
7 2013 6 Agriculture > Analytics $57M
Farmer's Business Network
2014, Davenport
11 2012.6 8
Manufacturing > Workforce
Wearables
$73M
Atheer
2011, Mountain View
19 2012.2 8
Manufacturing > Machine
Monitoring
$36M
Samsara
2015, San Francisco
17 2011.6 10 Logistics $38M
Hi-G-Tek
1989, Rockville
13 2011.5 8 Agriculture > Aquaculture $6M
The Yield
2014, Sydney
8 2010.6 7 Oil & Gas $36M
Tachyus
2013, Palo Alto
Industrial IoT Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
9
Industrial IoT Report – October 201610
YoY – Number of Rounds and Total Funding
Note: The funding includes debt rounds also.
$229M
$150M
$312M
$400M
$361M
$493M
$716M
$863M
$458M
15
29 48
47
68
109 122
171
87
0
36
72
108
144
180
0
200
400
600
800
1000
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
FundingAmount(inMillions)
Funding Amount Number of Rounds
Industrial IoT Report – October 201611
YoY – Number of Rounds by Stage
12
24
57 61
73
3819
18
26
34
58
29
6
13
13
9
17
10
0
32
64
96
128
160
2011 2012 2013 2014 2015 2016
NumberofRounds
Seed Early Late
Industrial IoT Report – October 201612
YoY – Funding by Stage
$8M $4M
$35M $49M $49M
$23M
$273M
$93M
$128M
$157M
$276M
$160M
$80M
$208M
$256M $163M
$273M
$115M
0
140
280
420
560
700
2011 2012 2013 2014 2015 2016
TotalFundingAmount(inMillions)
Seed Early Late
Industrial IoT Report – October 201613
Average Ticket Size – Early Stage
$0.8M $0.2M $0.7M $1.0M $0.9M $0.9M
$3.7M $3.1M
$4.7M $4.8M $5.1M $5.4M
$38.0M
$8.9M
$7.5M
$8.4M
$12.2M
$11.2M
0.0
8.0
16.0
24.0
32.0
40.0
2011 2012 2013 2014 2015 2016
FundingAmount(inMillions)
Seed Series A Series B
Industrial IoT Report – October 201614
Top investments in last one year
Company
Funding
Amount
Round
Name
Date Investors
proteus.com
Proteus Digital Health
(Redwood City, 2001)
$50M Series H Apr-2016
uptake.com
Uptake
(Palo Alto, 2014)
$45M Series B Oct-2015 NEA, Lightbank, General Purpose Vehicles, Caterpillar
viewglass.com
View Dynamic Glass
(Milpitas, 2007)
$44M Debt Apr-2016
farmersedge.ca
Farmers Edge
(Winnipeg, 2005)
$41M Series C Jan-2016 Mitsui, KPCB
condecosoftware.com
Condeco
(London, 2005)
$30M Series A Jun-2016 Highland Europe
earlysense.com
EarlySense
(Ramat Gan, 2004)
$25M Series G Jun-2016 Bank Hapoalim, Pitango Venture Capital, JK&B Capital
enlightedinc.com
Enlighted
(Sunnyvale, 2009)
$25M Series D Feb-2016 KPCB, RockPort Capital, Draper Fisher Jurvetson, Tao Capital Partners
enlightedinc.com
Enlighted
(Sunnyvale, 2009)
$20M Debt Feb-2016 Square 1 Bank
Industrial IoT Report – October 201615
Top investments in last one year
Company
Funding
Amount
Round
Name
Date Investors
euclidanalytics.com
Euclid Analytics
(Palo Alto, 2010)
$20M Series C Jan-2016 Cox Enterprises, Benchmark Capital, NEA, Harrison Metal, Gold Sky Capital
farmersbusinessnetwork.c
om
Farmer's Business
Network
(Davenport, 2014)
$20M Series C Aug-2016 Acre Venture Partners, KPCB, DBL Partners, GV
helium.com
Helium
(San Francisco, 2006)
$20M Series B Apr-2016 GV, Khosla Ventures, FirstMark Capital, Munich Re
vitalconnect.com
Vital Connect
(Campbell, 2011)
$18M Series B Jun-2016
savi.com
Savi Technology
(Alexandria, 1989)
$15M Series C Nov-2015 SGS
nomi.com
Nomi
(New York City, 2012)
$15M Debt Jan-2016 Horizon Technology Finance
atheerair.com
Atheer
(Mountain View,
2011)
$14M Series B Dec-2015
streamlineventures.com, Signature Capital, Rona Holdings, FundersClub, fanggroup.com,
Shanda Group
sightmachine.com
Sight Machine
(San Francisco, 2012)
$14M Series B Mar-2016
Jump Capital, GE Ventures, Two Roads Group, Pritzker Group, IA Venttures, O'Reilly
AlphaTech Ventures, Mercury Fund, Huron River Ventures, Orfin Ventures
Industrial IoT Report – October 201616
Funnel view of Sector
Percent of
Previous
0.66%
0.26%
0.41%
23
27
50
122
474
723
0 160 320 480 640 800
M&A & IPO
Late
Series B
Series A
Funded
Founded
Number of Companies
Industrial IoT Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
17
Industrial IoT Report – October 201618
Most Active Investors in Sector
17
14
12
11 11 11
10
9
8
7
0
4
7
11
14
18
NEA Khosla Ventures Plug and Play
Tech Center
Intel Capital KPCB Qualcomm
Ventures
Ben Franklin
Technology
Partners
Techstars Business
Development
Bank of Canada
Benchmark
Capital
TotalNumberofRounds
Uptake View Dynamic Glass Timeli Enlighted Telogis RetailNext Prova Systems Footmarks.com GridPoint GreenRoad
GridPoint Tule Retailigence Sotera Wireless OSIsoft Sotera Wireless Data Inventions Chargifi BitStew Euclid Analytics
Industrial IoT Report – October 201619
Where are Top Investors investing
Industrial IoT Report – October 201620
Top Investor by Stage of Entry
Industrial IoT Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
21
Industrial IoT Report – October 201622
Major Acquisitions in last one year
Date Company Acquirer Deal Size Overview
Total
Funding
Oct-2015 datasnap.io
Datasnap
(San Francisco, 2014)
neustar.biz
Proximity-Triggered Measurement
i-Hatch Ventures, Handmade, Lerer Hippeau Ventures
$1.3M
Feb-2015 dilax.com
Dilax
(Berlin, 1988)
vrep.de Undisclosed
Technology solutions provider of intelligent visitor tracking
OMOS Equity Partners
Feb-2015 fancythatapp.com
FT Technologies
(Palo Alto, 2013)
palantir.com Null USD
Retail analytics
Jun-2012 aeroscout.com
AeroScout
(Rehovot, 1999)
stanleyhealt
hcare.com
$238.8M
Real-Time Location System (RTLS)
Greylock Partners, Pitango Venture Capital, Intel Capital, Menlo Ventures,
Western Technology Investment, Evergreen Venture Partners, Star Ventures,
Qumra Capital, Cisco Investments, 83North, Eureka Ventures
$28M
Oct-2015 eltav.com
Eltav
(Ra'anana, 2006)
rotork.com
Wireless valve monitoring solution
Hutchison
$3.5M
May-2014 cardiomems.com
CardioMEMS
(Atlanta, 2001)
sjm.com $375M
Wireless sensor-based cardiac implants
Vision Capital, Saints Capital, Foundation Medical Partners, Medtronic, Boston
Millennia Partners, Easton Capital, Arboretum Ventures, Arcapita, Deerfield
Capital Management, Aperture Venture Partners, Boston Millennia Partners,
Rockport Venture Partners, CIFC Asset Management, Vision Capital Advisors, St.
Jude Medical, Georgia Tech VentureLab
$153M
Industrial IoT Report – October 201623
Major Acquisitions in last one year
Industrial IoT Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
24
Industrial IoT Report – October 201625
October 2016Tracxn Bluebox : Industrial IoT
590+ companies in the sector, 283 funded in last 5 years, $1.32B invested in 2015/16
Industrial IoT Report – October 201626
Top Business Models by Funding
$968M
$866M
$415M
$370M $354M
$280M
$136M
$98M
$35M $27M
0
200
400
600
800
1000
1200
Smart Buildings Healthcare Analytics Retail Fleet
Management
Agriculture Manufacturing Surveillance Logistics Oil & Gas
TotalFundingAmount(inMillions)
# Cos. 51 39 44 93 29 67 45 49 15 3
Avg. Age 2010.51 2011 2009.95 2012.52 2010.27 2010.85 2012.38 2009.96 2011.13 2012.67
View Dynamic Glass
Proteus
Digital Health
OSIsoft RetailNext SmartDrive
The Climate
Corporation
Atheer Helium Hi-G-Tek Tachyus
GridPoint iRhythm Tech Savi Technology Euclid Analytics Telogis Farmers Edge Samsara AeroScout OnAsset OspreyData
Industrial IoT Report – October 201627
Smart Buildings – Business Model Description
Industrial IoT Report – October 201628
Smart Buildings – Entrepreneur Activity and
Investment Trend
Industrial IoT Report – October 201629
Smart Buildings – Most Funded Companies
Industrial IoT Report – October 201630
Healthcare – Business Model Description
Industrial IoT Report – October 201631
Healthcare – Entrepreneur Activity and
Investment Trend
Industrial IoT Report – October 201632
Healthcare – Most Funded Companies
Industrial IoT Report – October 201633
Analytics – Entrepreneur Activity and Investment
Trend
Industrial IoT Report – October 201634
Analytics – Most Funded Companies
Industrial IoT Report – October 201635
Retail – Business Model Description
Industrial IoT Report – October 201636
Retail – Entrepreneur Activity and Investment
Trend
Industrial IoT Report – October 201637
Retail – Most Funded Companies
Industrial IoT Report – October 201638
Fleet Management – Entrepreneur Activity and
Investment Trend
Industrial IoT Report – October 201639
Fleet Management – Most Funded Companies
Industrial IoT Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
40
Industrial IoT Report – October 201641
Interesting Unfunded Companies
Company Overview
Business
Model
75f.io
75fahrenheit
(2012, Mankato)
Technology solutions for energy conservation and resolve temperature
imbalence
Smart Buildings > Automation
strobilanthes.com
Strobilanthes
(2013, Chennai)
Smart product for hospitality and healthcare industry
Healthcare
arniot.com
Arniot
(2013, Bangalore)
Industrial automation and asset tracking solutions through IoT Technology
Logistics
smartbuildings.in
SmartBuildings
(2012, Bangalore)
Sensor technology for energy conservation, management and monitoring in
buildings
Smart Buildings > Energy Efficiency
entrib.com
Entrib
(2010, Pune)
IoT for shop floor of manufacturers
Manufacturing > Machine Monitoring
m2mlogger.com
m2mlogger
(2013, Delhi)
Cloud based IoT solution for industrial remote monitoring
Surveillance > Asset Tracking
preferred-networks.jp
Preferred Networks
(2014, Tokyo)
Deep Learning Platform for Industries
Analytics
tethr.it
Tethr.it
(2015, Bangalore)
IoT based platform for industrial usage
Surveillance > Asset Tracking
Curated list of companies by the sector analyst are defined as Interesting
Industrial IoT Report – October 201642
Interesting Unfunded Companies
Industrial IoT Report – October 201643
Interesting Seed Companies
Industrial IoT Report – October 201644
Interesting Seed Companies
Industrial IoT Report – October 201645
Interesting Series A Companies
Industrial IoT Report – October 201646
Interesting Series A Companies
Industrial IoT Report – October 201647
Interesting Series A Companies
Industrial IoT Report – October 201648
Interesting Series B Companies
Industrial IoT Report – October 201649
Interesting Series B Companies
Industrial IoT Report – October 201650
Interesting Late Stage Companies
Industrial IoT Report – October 201651
Interesting Late Stage Companies
Industrial IoT Report – October 201652
Interesting Late Stage Companies
Industrial IoT Report – October 201653
Top Funded Deadpooled Companies
Industrial IoT Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
54
Industrial IoT Report – October 201655
Useful Links
Slide Title Content Platform Link
List of All Companies in readable format Companies Link
Large Upcoming Sectors Entrepreneur Activity Link
Top investments in last one year Investment Trend Link
Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link
Horizontal – Most Funded Companies Sub Sector Understand Link
Industrial IoT Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
56
Industrial IoT Report – October 201657
Industrial IoT – Company List
Healthcare
Smart
Buildings
Fleet
Management
Retail Analytics Agriculture
Manufacturing Surveillance Office Oil & Gas Logistics
Workforce
Wearables
375 FUNDED COMPANIES AND 349 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS
Industrial IoT Report – October 201658
Healthcare (1/8)
Company Overview Business Model Total Funding
Eko Devices
(2012, Berkeley)
Analog to digital conversion of stethoscopes through an attachment
and software
Hub Ventures, Founder, Better, StartX
$2.8M
Xetal
(2013, Bonheiden)
Position sensors for indoor people localisation
Techfounders $27K
WaferLabs
(2015, Mysore)
IoT startup providing hardware products for industries.
DYRE Solutions
(2015, Hong Kong)
Development phase patient tracking device
Metrix Health
(2014, Menlo Park)
Operational tools to streamline clinical workflow
Bend Labs
(2013, Seattle)
A wearable soft sensor platform for measuring human motion.
Medann
(2014, Vancouver)
Wall mounted sensor for medical event detection
IntelligentM
(2011, Sarasota)
Monitor, manage, and improve healthcare workers' hand hygiene
Go to BM List >> Smart Buildings
Industrial IoT Report – October 201659
Healthcare (2/8)
Company Overview Business Model Total Funding
LiveTrust
(2012, Las Condes)
Remote patient monitoring system for providers
Strobilanthes
(2013, Chennai)
Smart product for hospitality and healthcare industry
Proteus Digital Health
(2001, Redwood City)
Medical adherence monitoring system
Oracle, Silicon Valley Bank, Adams Street Partners, ITOCHU
Corporation, Kaiser Permanente Ventures, Asset Management
Ventures, Essex Woodlands, The Carlyle Group, Medtronic, Novartis,
Oxford Finance, Fletcher Spaght, Helix Ventures, St. Jude Medical, ON
Semiconductor, Otsuka America Pharmaceutical, Spring Ridge Ventures,
Affinity Capital, Sailing Capital
Medication Adherence $404M
Propeller Health
(Asthamapolis)
(2010, Madison)
Mobile platform and sensor for respiratory health management
Kapor Capital, S23P, California HealthCare Foundation, Safeguard
Scientifics, Social Capital
Medication Adherence $20.55M
PharmRight Corporation
(2014, Charleston)
Medication dispenser and adherence monitoring solution
IncWell, SCRA, South Carolina Angel Network Medication Adherence $3.7M
AdhereTech
(2011, New York City)
Smart pill bottles that improve medication adherence
Blueprint Health Medication Adherence $2.37M
Common Sensing
(2012, Cambridge)
Diabetes management equipment
Sanofi Medication Adherence $1.13M
Go to BM List >> Smart Buildings
Industrial IoT Report – October 201660
Healthcare (3/8)
Company Overview Business Model Total Funding
Health Beacon
(2014, Dublin)
Smart device for medication adherence and sharps disposal
Enterprise Ireland Medication Adherence $1.11M
Remind Technologies
(2013, Humble)
Medication adherence device
Medication Adherence $160k
CareTRx
(2012, Cambridge)
Mobile app and sensor to manage asthma through gamification
Blue Cross Blue Shield of Massachusetts Medication Adherence $50k
Pillsy
(2014, Seattle)
Smart pill container and app
500 Startups, Ontario Centres of Excellence Medication Adherence $20k
SIMpill
(2004, Cape Town)
A portable medication Adherence System
Medication Adherence
Amiko
(2014, Milan)
A Fitbit for medicine packs
Medication Adherence
N2 Medical Solutions
(2014, Winston-Salem)
Medication adherence monitoring and intervention system
Medication Adherence
PillBill
(2014, Dusseldorf)
Remote medication and disease management system
Medication Adherence
Go to BM List >> Smart Buildings
Industrial IoT Report – October 201661
Healthcare (4/8)
Go to BM List >> Smart Buildings
Industrial IoT Report – October 201662
Healthcare (5/8)
Go to BM List >> Smart Buildings
Industrial IoT Report – October 201663
Healthcare (6/8)
Go to BM List >> Smart Buildings
Industrial IoT Report – October 201664
Healthcare (7/8)
Go to BM List >> Smart Buildings
Industrial IoT Report – October 201665
Healthcare (8/8)
Go to BM List >> Smart Buildings
Industrial IoT Report – October 201666
Smart Buildings (1/10)
Healthcare << Go to BM List >> Fleet Management
Industrial IoT Report – October 201667
Smart Buildings (2/10)
Healthcare << Go to BM List >> Fleet Management
Industrial IoT Report – October 201668
Smart Buildings (3/10)
Healthcare << Go to BM List >> Fleet Management
Industrial IoT Report – October 201669
Smart Buildings (4/10)
Healthcare << Go to BM List >> Fleet Management
Industrial IoT Report – October 201670
Smart Buildings (5/10)
Healthcare << Go to BM List >> Fleet Management
Industrial IoT Report – October 201671
Smart Buildings (6/10)
Healthcare << Go to BM List >> Fleet Management
Industrial IoT Report – October 201672
Smart Buildings (7/10)
Healthcare << Go to BM List >> Fleet Management
Industrial IoT Report – October 201673
Smart Buildings (8/10)
Healthcare << Go to BM List >> Fleet Management
Industrial IoT Report – October 201674
Smart Buildings (9/10)
Healthcare << Go to BM List >> Fleet Management
Industrial IoT Report – October 201675
Smart Buildings (10/10)
Healthcare << Go to BM List >> Fleet Management
Industrial IoT Report – October 201676
Fleet Management (1/5)
Smart Buildings << Go to BM List >> Retail
Industrial IoT Report – October 201677
Fleet Management (2/5)
Smart Buildings << Go to BM List >> Retail
Industrial IoT Report – October 201678
Fleet Management (3/5)
Smart Buildings << Go to BM List >> Retail
Industrial IoT Report – October 201679
Fleet Management (4/5)
Smart Buildings << Go to BM List >> Retail
Industrial IoT Report – October 201680
Fleet Management (5/5)
Smart Buildings << Go to BM List >> Retail
Industrial IoT Report – October 201681
Retail (1/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201682
Retail (2/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201683
Retail (3/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201684
Retail (4/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201685
Retail (5/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201686
Retail (6/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201687
Retail (7/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201688
Retail (8/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201689
Retail (9/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201690
Retail (10/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201691
Retail (11/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201692
Retail (12/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201693
Retail (13/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201694
Retail (14/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201695
Retail (15/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201696
Retail (16/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201697
Retail (17/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201698
Retail (18/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 201699
Retail (19/19)
Fleet
Management
<< Go to BM List >> Analytics
Industrial IoT Report – October 2016100
Analytics (1/7)
Retail << Go to BM List >> Agriculture
Industrial IoT Report – October 2016101
Analytics (2/7)
Retail << Go to BM List >> Agriculture
Industrial IoT Report – October 2016102
Analytics (3/7)
Retail << Go to BM List >> Agriculture
Industrial IoT Report – October 2016103
Analytics (4/7)
Retail << Go to BM List >> Agriculture
Industrial IoT Report – October 2016104
Analytics (5/7)
Retail << Go to BM List >> Agriculture
Industrial IoT Report – October 2016105
Analytics (6/7)
Retail << Go to BM List >> Agriculture
Industrial IoT Report – October 2016106
Analytics (7/7)
Retail << Go to BM List >> Agriculture
Industrial IoT Report – October 2016107
Agriculture (1/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016108
Agriculture (2/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016109
Agriculture (3/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016110
Agriculture (4/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016111
Agriculture (5/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016112
Agriculture (6/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016113
Agriculture (7/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016114
Agriculture (8/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016115
Agriculture (9/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016116
Agriculture (10/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016117
Agriculture (11/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016118
Agriculture (12/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016119
Agriculture (13/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016120
Agriculture (14/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016121
Agriculture (15/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016122
Agriculture (16/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016123
Agriculture (17/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016124
Agriculture (18/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016125
Agriculture (19/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016126
Agriculture (20/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016127
Agriculture (21/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016128
Agriculture (22/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016129
Agriculture (23/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016130
Agriculture (24/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016131
Agriculture (25/25)
Analytics << Go to BM List >> Manufacturing
Industrial IoT Report – October 2016132
Manufacturing (1/7)
Agriculture << Go to BM List >> Surveillance
Industrial IoT Report – October 2016133
Manufacturing (2/7)
Agriculture << Go to BM List >> Surveillance
Industrial IoT Report – October 2016134
Manufacturing (3/7)
Agriculture << Go to BM List >> Surveillance
Industrial IoT Report – October 2016135
Manufacturing (4/7)
Agriculture << Go to BM List >> Surveillance
Industrial IoT Report – October 2016136
Manufacturing (5/7)
Agriculture << Go to BM List >> Surveillance
Industrial IoT Report – October 2016137
Manufacturing (6/7)
Agriculture << Go to BM List >> Surveillance
Industrial IoT Report – October 2016138
Manufacturing (7/7)
Agriculture << Go to BM List >> Surveillance
Industrial IoT Report – October 2016139
Surveillance (1/9)
Manufacturing << Go to BM List >> Office
Industrial IoT Report – October 2016140
Surveillance (2/9)
Manufacturing << Go to BM List >> Office
Industrial IoT Report – October 2016141
Surveillance (3/9)
Manufacturing << Go to BM List >> Office
Industrial IoT Report – October 2016142
Surveillance (4/9)
Manufacturing << Go to BM List >> Office
Industrial IoT Report – October 2016143
Surveillance (5/9)
Manufacturing << Go to BM List >> Office
Industrial IoT Report – October 2016144
Surveillance (6/9)
Manufacturing << Go to BM List >> Office
Industrial IoT Report – October 2016145
Surveillance (7/9)
Manufacturing << Go to BM List >> Office
Industrial IoT Report – October 2016146
Surveillance (8/9)
Manufacturing << Go to BM List >> Office
Industrial IoT Report – October 2016147
Surveillance (9/9)
Manufacturing << Go to BM List >> Office
Industrial IoT Report – October 2016148
Office (1/2)
Surveillance << Go to BM List >> Oil & Gas
Industrial IoT Report – October 2016149
Office (2/2)
Surveillance << Go to BM List >> Oil & Gas
Industrial IoT Report – October 2016150
Oil & Gas
Office << Go to BM List >> Logistics
Industrial IoT Report – October 2016151
Logistics (1/3)
Oil & Gas << Go to BM List >>
Workforce
Wearables
Industrial IoT Report – October 2016152
Logistics (2/3)
Oil & Gas << Go to BM List >>
Workforce
Wearables
Industrial IoT Report – October 2016153
Logistics (3/3)
Oil & Gas << Go to BM List >>
Workforce
Wearables
Industrial IoT Report – October 2016154
Workforce Wearables
Logistics << Go to BM List
Industrial IoT Report – October 2016
Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
155
Industrial IoT Report – October 2016156
Team
156
Vivek Singh
Lead Analyst, Technology

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Tracxn Research — Industrial IoT Landscape, October 2016

  • 1. Industrial IoT Report – October 2016
  • 2. Industrial IoT Report – October 2016 Tracxn World’s Largest Startup Research Platform 2
  • 3. Industrial IoT Report – October 20163 Topic Page No. Scope of Report 04 Entrepreneur Activity 06 Investment Trend 10 Who is Investing 18 Exit Outlook - IPO, Acquisitions 22 Sub Sector Analysis 25 Interesting Companies 41 Useful Links 55 Company List 57 Team 156 Contents
  • 4. Industrial IoT Report – October 20164 Sector Overview Scope of report This report covers companies that are riding the Internet of Things (IoT) wave to develop connected solutions for industries to improve efficiency and make more informed decisions. The solutions provided are sensors which generate data from surroundings, cloud systems which capture, store and analyse data and interfaces for visualization of data. Report excludes legacy systems like ERP, SCADA etc and also excludes cloud solutions that pick up manually entered data. Drones, Robots and enabling technologies like infrastructure platforms are not part of this report and would be present in other relevant reports from Tracxn. For funding, this report only includes venture capital/private equity funding rounds and excludes debt financing and grants/prize money. The scope of this report includes equity as well as debt funding received by the companies.
  • 5. Industrial IoT Report – October 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 5
  • 6. Industrial IoT Report – October 2016 31 54 84 119 158 97 0 36 72 108 144 180 2010 2011 2012 2013 2014 2015 NumberofCompanies 6 YoY – Number of companies founded Euclid Analytics Swirl Networks Sight Machine Tachyus Uptake Samsara Propeller Health (Asthamapolis) Vital Connect DazzleTek Building Robotics Farmer's Business Network AIRAg
  • 7. Industrial IoT Report – October 20167 Large Upcoming Sectors No. of Companies Founded Average Age No. of Companies Funded Business Model Total Funding Example 73 2013 29 Retail > In-store Marketing $119M Swirl Networks 2011, Boston 67 2011.4 38 Retail > Analytics $346M RetailNext 2007, San Jose 17 2011.2 10 Healthcare > Medication Adherence $470M Proteus Digital Health 2001, Redwood City 130 2010.8 57 Agriculture > Farm Monitoring and Management $244M The Climate Corporation 2006, San Francisco 49 2010.2 30 Analytics $428M OSIsoft 1980, San Leandro 58 2009.9 33 Smart Buildings > Energy Efficiency $1.1B View Dynamic Glass 2007, Milpitas 34 2009.6 14 Surveillance > Asset Tracking $88M Helium 2006, San Francisco 39 2009.6 19 Fleet Management $442M SmartDrive 2004, San Diego
  • 8. Industrial IoT Report – October 20168 Niche Upcoming Sectors No. of Companies Founded Average Age No. of Companies Funded Business Model Total Funding Tracxn Picks 7 2013 6 Agriculture > Analytics $57M Farmer's Business Network 2014, Davenport 11 2012.6 8 Manufacturing > Workforce Wearables $73M Atheer 2011, Mountain View 19 2012.2 8 Manufacturing > Machine Monitoring $36M Samsara 2015, San Francisco 17 2011.6 10 Logistics $38M Hi-G-Tek 1989, Rockville 13 2011.5 8 Agriculture > Aquaculture $6M The Yield 2014, Sydney 8 2010.6 7 Oil & Gas $36M Tachyus 2013, Palo Alto
  • 9. Industrial IoT Report – October 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 9
  • 10. Industrial IoT Report – October 201610 YoY – Number of Rounds and Total Funding Note: The funding includes debt rounds also. $229M $150M $312M $400M $361M $493M $716M $863M $458M 15 29 48 47 68 109 122 171 87 0 36 72 108 144 180 0 200 400 600 800 1000 2008 2009 2010 2011 2012 2013 2014 2015 2016 NumberofRounds FundingAmount(inMillions) Funding Amount Number of Rounds
  • 11. Industrial IoT Report – October 201611 YoY – Number of Rounds by Stage 12 24 57 61 73 3819 18 26 34 58 29 6 13 13 9 17 10 0 32 64 96 128 160 2011 2012 2013 2014 2015 2016 NumberofRounds Seed Early Late
  • 12. Industrial IoT Report – October 201612 YoY – Funding by Stage $8M $4M $35M $49M $49M $23M $273M $93M $128M $157M $276M $160M $80M $208M $256M $163M $273M $115M 0 140 280 420 560 700 2011 2012 2013 2014 2015 2016 TotalFundingAmount(inMillions) Seed Early Late
  • 13. Industrial IoT Report – October 201613 Average Ticket Size – Early Stage $0.8M $0.2M $0.7M $1.0M $0.9M $0.9M $3.7M $3.1M $4.7M $4.8M $5.1M $5.4M $38.0M $8.9M $7.5M $8.4M $12.2M $11.2M 0.0 8.0 16.0 24.0 32.0 40.0 2011 2012 2013 2014 2015 2016 FundingAmount(inMillions) Seed Series A Series B
  • 14. Industrial IoT Report – October 201614 Top investments in last one year Company Funding Amount Round Name Date Investors proteus.com Proteus Digital Health (Redwood City, 2001) $50M Series H Apr-2016 uptake.com Uptake (Palo Alto, 2014) $45M Series B Oct-2015 NEA, Lightbank, General Purpose Vehicles, Caterpillar viewglass.com View Dynamic Glass (Milpitas, 2007) $44M Debt Apr-2016 farmersedge.ca Farmers Edge (Winnipeg, 2005) $41M Series C Jan-2016 Mitsui, KPCB condecosoftware.com Condeco (London, 2005) $30M Series A Jun-2016 Highland Europe earlysense.com EarlySense (Ramat Gan, 2004) $25M Series G Jun-2016 Bank Hapoalim, Pitango Venture Capital, JK&B Capital enlightedinc.com Enlighted (Sunnyvale, 2009) $25M Series D Feb-2016 KPCB, RockPort Capital, Draper Fisher Jurvetson, Tao Capital Partners enlightedinc.com Enlighted (Sunnyvale, 2009) $20M Debt Feb-2016 Square 1 Bank
  • 15. Industrial IoT Report – October 201615 Top investments in last one year Company Funding Amount Round Name Date Investors euclidanalytics.com Euclid Analytics (Palo Alto, 2010) $20M Series C Jan-2016 Cox Enterprises, Benchmark Capital, NEA, Harrison Metal, Gold Sky Capital farmersbusinessnetwork.c om Farmer's Business Network (Davenport, 2014) $20M Series C Aug-2016 Acre Venture Partners, KPCB, DBL Partners, GV helium.com Helium (San Francisco, 2006) $20M Series B Apr-2016 GV, Khosla Ventures, FirstMark Capital, Munich Re vitalconnect.com Vital Connect (Campbell, 2011) $18M Series B Jun-2016 savi.com Savi Technology (Alexandria, 1989) $15M Series C Nov-2015 SGS nomi.com Nomi (New York City, 2012) $15M Debt Jan-2016 Horizon Technology Finance atheerair.com Atheer (Mountain View, 2011) $14M Series B Dec-2015 streamlineventures.com, Signature Capital, Rona Holdings, FundersClub, fanggroup.com, Shanda Group sightmachine.com Sight Machine (San Francisco, 2012) $14M Series B Mar-2016 Jump Capital, GE Ventures, Two Roads Group, Pritzker Group, IA Venttures, O'Reilly AlphaTech Ventures, Mercury Fund, Huron River Ventures, Orfin Ventures
  • 16. Industrial IoT Report – October 201616 Funnel view of Sector Percent of Previous 0.66% 0.26% 0.41% 23 27 50 122 474 723 0 160 320 480 640 800 M&A & IPO Late Series B Series A Funded Founded Number of Companies
  • 17. Industrial IoT Report – October 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 17
  • 18. Industrial IoT Report – October 201618 Most Active Investors in Sector 17 14 12 11 11 11 10 9 8 7 0 4 7 11 14 18 NEA Khosla Ventures Plug and Play Tech Center Intel Capital KPCB Qualcomm Ventures Ben Franklin Technology Partners Techstars Business Development Bank of Canada Benchmark Capital TotalNumberofRounds Uptake View Dynamic Glass Timeli Enlighted Telogis RetailNext Prova Systems Footmarks.com GridPoint GreenRoad GridPoint Tule Retailigence Sotera Wireless OSIsoft Sotera Wireless Data Inventions Chargifi BitStew Euclid Analytics
  • 19. Industrial IoT Report – October 201619 Where are Top Investors investing
  • 20. Industrial IoT Report – October 201620 Top Investor by Stage of Entry
  • 21. Industrial IoT Report – October 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 21
  • 22. Industrial IoT Report – October 201622 Major Acquisitions in last one year Date Company Acquirer Deal Size Overview Total Funding Oct-2015 datasnap.io Datasnap (San Francisco, 2014) neustar.biz Proximity-Triggered Measurement i-Hatch Ventures, Handmade, Lerer Hippeau Ventures $1.3M Feb-2015 dilax.com Dilax (Berlin, 1988) vrep.de Undisclosed Technology solutions provider of intelligent visitor tracking OMOS Equity Partners Feb-2015 fancythatapp.com FT Technologies (Palo Alto, 2013) palantir.com Null USD Retail analytics Jun-2012 aeroscout.com AeroScout (Rehovot, 1999) stanleyhealt hcare.com $238.8M Real-Time Location System (RTLS) Greylock Partners, Pitango Venture Capital, Intel Capital, Menlo Ventures, Western Technology Investment, Evergreen Venture Partners, Star Ventures, Qumra Capital, Cisco Investments, 83North, Eureka Ventures $28M Oct-2015 eltav.com Eltav (Ra'anana, 2006) rotork.com Wireless valve monitoring solution Hutchison $3.5M May-2014 cardiomems.com CardioMEMS (Atlanta, 2001) sjm.com $375M Wireless sensor-based cardiac implants Vision Capital, Saints Capital, Foundation Medical Partners, Medtronic, Boston Millennia Partners, Easton Capital, Arboretum Ventures, Arcapita, Deerfield Capital Management, Aperture Venture Partners, Boston Millennia Partners, Rockport Venture Partners, CIFC Asset Management, Vision Capital Advisors, St. Jude Medical, Georgia Tech VentureLab $153M
  • 23. Industrial IoT Report – October 201623 Major Acquisitions in last one year
  • 24. Industrial IoT Report – October 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 24
  • 25. Industrial IoT Report – October 201625 October 2016Tracxn Bluebox : Industrial IoT 590+ companies in the sector, 283 funded in last 5 years, $1.32B invested in 2015/16
  • 26. Industrial IoT Report – October 201626 Top Business Models by Funding $968M $866M $415M $370M $354M $280M $136M $98M $35M $27M 0 200 400 600 800 1000 1200 Smart Buildings Healthcare Analytics Retail Fleet Management Agriculture Manufacturing Surveillance Logistics Oil & Gas TotalFundingAmount(inMillions) # Cos. 51 39 44 93 29 67 45 49 15 3 Avg. Age 2010.51 2011 2009.95 2012.52 2010.27 2010.85 2012.38 2009.96 2011.13 2012.67 View Dynamic Glass Proteus Digital Health OSIsoft RetailNext SmartDrive The Climate Corporation Atheer Helium Hi-G-Tek Tachyus GridPoint iRhythm Tech Savi Technology Euclid Analytics Telogis Farmers Edge Samsara AeroScout OnAsset OspreyData
  • 27. Industrial IoT Report – October 201627 Smart Buildings – Business Model Description
  • 28. Industrial IoT Report – October 201628 Smart Buildings – Entrepreneur Activity and Investment Trend
  • 29. Industrial IoT Report – October 201629 Smart Buildings – Most Funded Companies
  • 30. Industrial IoT Report – October 201630 Healthcare – Business Model Description
  • 31. Industrial IoT Report – October 201631 Healthcare – Entrepreneur Activity and Investment Trend
  • 32. Industrial IoT Report – October 201632 Healthcare – Most Funded Companies
  • 33. Industrial IoT Report – October 201633 Analytics – Entrepreneur Activity and Investment Trend
  • 34. Industrial IoT Report – October 201634 Analytics – Most Funded Companies
  • 35. Industrial IoT Report – October 201635 Retail – Business Model Description
  • 36. Industrial IoT Report – October 201636 Retail – Entrepreneur Activity and Investment Trend
  • 37. Industrial IoT Report – October 201637 Retail – Most Funded Companies
  • 38. Industrial IoT Report – October 201638 Fleet Management – Entrepreneur Activity and Investment Trend
  • 39. Industrial IoT Report – October 201639 Fleet Management – Most Funded Companies
  • 40. Industrial IoT Report – October 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 40
  • 41. Industrial IoT Report – October 201641 Interesting Unfunded Companies Company Overview Business Model 75f.io 75fahrenheit (2012, Mankato) Technology solutions for energy conservation and resolve temperature imbalence Smart Buildings > Automation strobilanthes.com Strobilanthes (2013, Chennai) Smart product for hospitality and healthcare industry Healthcare arniot.com Arniot (2013, Bangalore) Industrial automation and asset tracking solutions through IoT Technology Logistics smartbuildings.in SmartBuildings (2012, Bangalore) Sensor technology for energy conservation, management and monitoring in buildings Smart Buildings > Energy Efficiency entrib.com Entrib (2010, Pune) IoT for shop floor of manufacturers Manufacturing > Machine Monitoring m2mlogger.com m2mlogger (2013, Delhi) Cloud based IoT solution for industrial remote monitoring Surveillance > Asset Tracking preferred-networks.jp Preferred Networks (2014, Tokyo) Deep Learning Platform for Industries Analytics tethr.it Tethr.it (2015, Bangalore) IoT based platform for industrial usage Surveillance > Asset Tracking Curated list of companies by the sector analyst are defined as Interesting
  • 42. Industrial IoT Report – October 201642 Interesting Unfunded Companies
  • 43. Industrial IoT Report – October 201643 Interesting Seed Companies
  • 44. Industrial IoT Report – October 201644 Interesting Seed Companies
  • 45. Industrial IoT Report – October 201645 Interesting Series A Companies
  • 46. Industrial IoT Report – October 201646 Interesting Series A Companies
  • 47. Industrial IoT Report – October 201647 Interesting Series A Companies
  • 48. Industrial IoT Report – October 201648 Interesting Series B Companies
  • 49. Industrial IoT Report – October 201649 Interesting Series B Companies
  • 50. Industrial IoT Report – October 201650 Interesting Late Stage Companies
  • 51. Industrial IoT Report – October 201651 Interesting Late Stage Companies
  • 52. Industrial IoT Report – October 201652 Interesting Late Stage Companies
  • 53. Industrial IoT Report – October 201653 Top Funded Deadpooled Companies
  • 54. Industrial IoT Report – October 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 54
  • 55. Industrial IoT Report – October 201655 Useful Links Slide Title Content Platform Link List of All Companies in readable format Companies Link Large Upcoming Sectors Entrepreneur Activity Link Top investments in last one year Investment Trend Link Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link Horizontal – Most Funded Companies Sub Sector Understand Link
  • 56. Industrial IoT Report – October 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 56
  • 57. Industrial IoT Report – October 201657 Industrial IoT – Company List Healthcare Smart Buildings Fleet Management Retail Analytics Agriculture Manufacturing Surveillance Office Oil & Gas Logistics Workforce Wearables 375 FUNDED COMPANIES AND 349 UNFUNDED COMPANIES COVERS THE FOLLOWING SECTORS
  • 58. Industrial IoT Report – October 201658 Healthcare (1/8) Company Overview Business Model Total Funding Eko Devices (2012, Berkeley) Analog to digital conversion of stethoscopes through an attachment and software Hub Ventures, Founder, Better, StartX $2.8M Xetal (2013, Bonheiden) Position sensors for indoor people localisation Techfounders $27K WaferLabs (2015, Mysore) IoT startup providing hardware products for industries. DYRE Solutions (2015, Hong Kong) Development phase patient tracking device Metrix Health (2014, Menlo Park) Operational tools to streamline clinical workflow Bend Labs (2013, Seattle) A wearable soft sensor platform for measuring human motion. Medann (2014, Vancouver) Wall mounted sensor for medical event detection IntelligentM (2011, Sarasota) Monitor, manage, and improve healthcare workers' hand hygiene Go to BM List >> Smart Buildings
  • 59. Industrial IoT Report – October 201659 Healthcare (2/8) Company Overview Business Model Total Funding LiveTrust (2012, Las Condes) Remote patient monitoring system for providers Strobilanthes (2013, Chennai) Smart product for hospitality and healthcare industry Proteus Digital Health (2001, Redwood City) Medical adherence monitoring system Oracle, Silicon Valley Bank, Adams Street Partners, ITOCHU Corporation, Kaiser Permanente Ventures, Asset Management Ventures, Essex Woodlands, The Carlyle Group, Medtronic, Novartis, Oxford Finance, Fletcher Spaght, Helix Ventures, St. Jude Medical, ON Semiconductor, Otsuka America Pharmaceutical, Spring Ridge Ventures, Affinity Capital, Sailing Capital Medication Adherence $404M Propeller Health (Asthamapolis) (2010, Madison) Mobile platform and sensor for respiratory health management Kapor Capital, S23P, California HealthCare Foundation, Safeguard Scientifics, Social Capital Medication Adherence $20.55M PharmRight Corporation (2014, Charleston) Medication dispenser and adherence monitoring solution IncWell, SCRA, South Carolina Angel Network Medication Adherence $3.7M AdhereTech (2011, New York City) Smart pill bottles that improve medication adherence Blueprint Health Medication Adherence $2.37M Common Sensing (2012, Cambridge) Diabetes management equipment Sanofi Medication Adherence $1.13M Go to BM List >> Smart Buildings
  • 60. Industrial IoT Report – October 201660 Healthcare (3/8) Company Overview Business Model Total Funding Health Beacon (2014, Dublin) Smart device for medication adherence and sharps disposal Enterprise Ireland Medication Adherence $1.11M Remind Technologies (2013, Humble) Medication adherence device Medication Adherence $160k CareTRx (2012, Cambridge) Mobile app and sensor to manage asthma through gamification Blue Cross Blue Shield of Massachusetts Medication Adherence $50k Pillsy (2014, Seattle) Smart pill container and app 500 Startups, Ontario Centres of Excellence Medication Adherence $20k SIMpill (2004, Cape Town) A portable medication Adherence System Medication Adherence Amiko (2014, Milan) A Fitbit for medicine packs Medication Adherence N2 Medical Solutions (2014, Winston-Salem) Medication adherence monitoring and intervention system Medication Adherence PillBill (2014, Dusseldorf) Remote medication and disease management system Medication Adherence Go to BM List >> Smart Buildings
  • 61. Industrial IoT Report – October 201661 Healthcare (4/8) Go to BM List >> Smart Buildings
  • 62. Industrial IoT Report – October 201662 Healthcare (5/8) Go to BM List >> Smart Buildings
  • 63. Industrial IoT Report – October 201663 Healthcare (6/8) Go to BM List >> Smart Buildings
  • 64. Industrial IoT Report – October 201664 Healthcare (7/8) Go to BM List >> Smart Buildings
  • 65. Industrial IoT Report – October 201665 Healthcare (8/8) Go to BM List >> Smart Buildings
  • 66. Industrial IoT Report – October 201666 Smart Buildings (1/10) Healthcare << Go to BM List >> Fleet Management
  • 67. Industrial IoT Report – October 201667 Smart Buildings (2/10) Healthcare << Go to BM List >> Fleet Management
  • 68. Industrial IoT Report – October 201668 Smart Buildings (3/10) Healthcare << Go to BM List >> Fleet Management
  • 69. Industrial IoT Report – October 201669 Smart Buildings (4/10) Healthcare << Go to BM List >> Fleet Management
  • 70. Industrial IoT Report – October 201670 Smart Buildings (5/10) Healthcare << Go to BM List >> Fleet Management
  • 71. Industrial IoT Report – October 201671 Smart Buildings (6/10) Healthcare << Go to BM List >> Fleet Management
  • 72. Industrial IoT Report – October 201672 Smart Buildings (7/10) Healthcare << Go to BM List >> Fleet Management
  • 73. Industrial IoT Report – October 201673 Smart Buildings (8/10) Healthcare << Go to BM List >> Fleet Management
  • 74. Industrial IoT Report – October 201674 Smart Buildings (9/10) Healthcare << Go to BM List >> Fleet Management
  • 75. Industrial IoT Report – October 201675 Smart Buildings (10/10) Healthcare << Go to BM List >> Fleet Management
  • 76. Industrial IoT Report – October 201676 Fleet Management (1/5) Smart Buildings << Go to BM List >> Retail
  • 77. Industrial IoT Report – October 201677 Fleet Management (2/5) Smart Buildings << Go to BM List >> Retail
  • 78. Industrial IoT Report – October 201678 Fleet Management (3/5) Smart Buildings << Go to BM List >> Retail
  • 79. Industrial IoT Report – October 201679 Fleet Management (4/5) Smart Buildings << Go to BM List >> Retail
  • 80. Industrial IoT Report – October 201680 Fleet Management (5/5) Smart Buildings << Go to BM List >> Retail
  • 81. Industrial IoT Report – October 201681 Retail (1/19) Fleet Management << Go to BM List >> Analytics
  • 82. Industrial IoT Report – October 201682 Retail (2/19) Fleet Management << Go to BM List >> Analytics
  • 83. Industrial IoT Report – October 201683 Retail (3/19) Fleet Management << Go to BM List >> Analytics
  • 84. Industrial IoT Report – October 201684 Retail (4/19) Fleet Management << Go to BM List >> Analytics
  • 85. Industrial IoT Report – October 201685 Retail (5/19) Fleet Management << Go to BM List >> Analytics
  • 86. Industrial IoT Report – October 201686 Retail (6/19) Fleet Management << Go to BM List >> Analytics
  • 87. Industrial IoT Report – October 201687 Retail (7/19) Fleet Management << Go to BM List >> Analytics
  • 88. Industrial IoT Report – October 201688 Retail (8/19) Fleet Management << Go to BM List >> Analytics
  • 89. Industrial IoT Report – October 201689 Retail (9/19) Fleet Management << Go to BM List >> Analytics
  • 90. Industrial IoT Report – October 201690 Retail (10/19) Fleet Management << Go to BM List >> Analytics
  • 91. Industrial IoT Report – October 201691 Retail (11/19) Fleet Management << Go to BM List >> Analytics
  • 92. Industrial IoT Report – October 201692 Retail (12/19) Fleet Management << Go to BM List >> Analytics
  • 93. Industrial IoT Report – October 201693 Retail (13/19) Fleet Management << Go to BM List >> Analytics
  • 94. Industrial IoT Report – October 201694 Retail (14/19) Fleet Management << Go to BM List >> Analytics
  • 95. Industrial IoT Report – October 201695 Retail (15/19) Fleet Management << Go to BM List >> Analytics
  • 96. Industrial IoT Report – October 201696 Retail (16/19) Fleet Management << Go to BM List >> Analytics
  • 97. Industrial IoT Report – October 201697 Retail (17/19) Fleet Management << Go to BM List >> Analytics
  • 98. Industrial IoT Report – October 201698 Retail (18/19) Fleet Management << Go to BM List >> Analytics
  • 99. Industrial IoT Report – October 201699 Retail (19/19) Fleet Management << Go to BM List >> Analytics
  • 100. Industrial IoT Report – October 2016100 Analytics (1/7) Retail << Go to BM List >> Agriculture
  • 101. Industrial IoT Report – October 2016101 Analytics (2/7) Retail << Go to BM List >> Agriculture
  • 102. Industrial IoT Report – October 2016102 Analytics (3/7) Retail << Go to BM List >> Agriculture
  • 103. Industrial IoT Report – October 2016103 Analytics (4/7) Retail << Go to BM List >> Agriculture
  • 104. Industrial IoT Report – October 2016104 Analytics (5/7) Retail << Go to BM List >> Agriculture
  • 105. Industrial IoT Report – October 2016105 Analytics (6/7) Retail << Go to BM List >> Agriculture
  • 106. Industrial IoT Report – October 2016106 Analytics (7/7) Retail << Go to BM List >> Agriculture
  • 107. Industrial IoT Report – October 2016107 Agriculture (1/25) Analytics << Go to BM List >> Manufacturing
  • 108. Industrial IoT Report – October 2016108 Agriculture (2/25) Analytics << Go to BM List >> Manufacturing
  • 109. Industrial IoT Report – October 2016109 Agriculture (3/25) Analytics << Go to BM List >> Manufacturing
  • 110. Industrial IoT Report – October 2016110 Agriculture (4/25) Analytics << Go to BM List >> Manufacturing
  • 111. Industrial IoT Report – October 2016111 Agriculture (5/25) Analytics << Go to BM List >> Manufacturing
  • 112. Industrial IoT Report – October 2016112 Agriculture (6/25) Analytics << Go to BM List >> Manufacturing
  • 113. Industrial IoT Report – October 2016113 Agriculture (7/25) Analytics << Go to BM List >> Manufacturing
  • 114. Industrial IoT Report – October 2016114 Agriculture (8/25) Analytics << Go to BM List >> Manufacturing
  • 115. Industrial IoT Report – October 2016115 Agriculture (9/25) Analytics << Go to BM List >> Manufacturing
  • 116. Industrial IoT Report – October 2016116 Agriculture (10/25) Analytics << Go to BM List >> Manufacturing
  • 117. Industrial IoT Report – October 2016117 Agriculture (11/25) Analytics << Go to BM List >> Manufacturing
  • 118. Industrial IoT Report – October 2016118 Agriculture (12/25) Analytics << Go to BM List >> Manufacturing
  • 119. Industrial IoT Report – October 2016119 Agriculture (13/25) Analytics << Go to BM List >> Manufacturing
  • 120. Industrial IoT Report – October 2016120 Agriculture (14/25) Analytics << Go to BM List >> Manufacturing
  • 121. Industrial IoT Report – October 2016121 Agriculture (15/25) Analytics << Go to BM List >> Manufacturing
  • 122. Industrial IoT Report – October 2016122 Agriculture (16/25) Analytics << Go to BM List >> Manufacturing
  • 123. Industrial IoT Report – October 2016123 Agriculture (17/25) Analytics << Go to BM List >> Manufacturing
  • 124. Industrial IoT Report – October 2016124 Agriculture (18/25) Analytics << Go to BM List >> Manufacturing
  • 125. Industrial IoT Report – October 2016125 Agriculture (19/25) Analytics << Go to BM List >> Manufacturing
  • 126. Industrial IoT Report – October 2016126 Agriculture (20/25) Analytics << Go to BM List >> Manufacturing
  • 127. Industrial IoT Report – October 2016127 Agriculture (21/25) Analytics << Go to BM List >> Manufacturing
  • 128. Industrial IoT Report – October 2016128 Agriculture (22/25) Analytics << Go to BM List >> Manufacturing
  • 129. Industrial IoT Report – October 2016129 Agriculture (23/25) Analytics << Go to BM List >> Manufacturing
  • 130. Industrial IoT Report – October 2016130 Agriculture (24/25) Analytics << Go to BM List >> Manufacturing
  • 131. Industrial IoT Report – October 2016131 Agriculture (25/25) Analytics << Go to BM List >> Manufacturing
  • 132. Industrial IoT Report – October 2016132 Manufacturing (1/7) Agriculture << Go to BM List >> Surveillance
  • 133. Industrial IoT Report – October 2016133 Manufacturing (2/7) Agriculture << Go to BM List >> Surveillance
  • 134. Industrial IoT Report – October 2016134 Manufacturing (3/7) Agriculture << Go to BM List >> Surveillance
  • 135. Industrial IoT Report – October 2016135 Manufacturing (4/7) Agriculture << Go to BM List >> Surveillance
  • 136. Industrial IoT Report – October 2016136 Manufacturing (5/7) Agriculture << Go to BM List >> Surveillance
  • 137. Industrial IoT Report – October 2016137 Manufacturing (6/7) Agriculture << Go to BM List >> Surveillance
  • 138. Industrial IoT Report – October 2016138 Manufacturing (7/7) Agriculture << Go to BM List >> Surveillance
  • 139. Industrial IoT Report – October 2016139 Surveillance (1/9) Manufacturing << Go to BM List >> Office
  • 140. Industrial IoT Report – October 2016140 Surveillance (2/9) Manufacturing << Go to BM List >> Office
  • 141. Industrial IoT Report – October 2016141 Surveillance (3/9) Manufacturing << Go to BM List >> Office
  • 142. Industrial IoT Report – October 2016142 Surveillance (4/9) Manufacturing << Go to BM List >> Office
  • 143. Industrial IoT Report – October 2016143 Surveillance (5/9) Manufacturing << Go to BM List >> Office
  • 144. Industrial IoT Report – October 2016144 Surveillance (6/9) Manufacturing << Go to BM List >> Office
  • 145. Industrial IoT Report – October 2016145 Surveillance (7/9) Manufacturing << Go to BM List >> Office
  • 146. Industrial IoT Report – October 2016146 Surveillance (8/9) Manufacturing << Go to BM List >> Office
  • 147. Industrial IoT Report – October 2016147 Surveillance (9/9) Manufacturing << Go to BM List >> Office
  • 148. Industrial IoT Report – October 2016148 Office (1/2) Surveillance << Go to BM List >> Oil & Gas
  • 149. Industrial IoT Report – October 2016149 Office (2/2) Surveillance << Go to BM List >> Oil & Gas
  • 150. Industrial IoT Report – October 2016150 Oil & Gas Office << Go to BM List >> Logistics
  • 151. Industrial IoT Report – October 2016151 Logistics (1/3) Oil & Gas << Go to BM List >> Workforce Wearables
  • 152. Industrial IoT Report – October 2016152 Logistics (2/3) Oil & Gas << Go to BM List >> Workforce Wearables
  • 153. Industrial IoT Report – October 2016153 Logistics (3/3) Oil & Gas << Go to BM List >> Workforce Wearables
  • 154. Industrial IoT Report – October 2016154 Workforce Wearables Logistics << Go to BM List
  • 155. Industrial IoT Report – October 2016 Scope of Report Entrepreneur Activity Investment Trend Who is Investing Exit Outlook - IPO, Acquisitions Sub Sector Analysis Interesting Companies Useful Links Company List Team 155
  • 156. Industrial IoT Report – October 2016156 Team 156 Vivek Singh Lead Analyst, Technology