# Hologram

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hologram

- Industry: Telecoms
- Headquarters: Chicago, US
- Website: www.hologram.io
- Total disclosed funding: $85M
- Latest round: Series B (Nov 30, 2021)
- Investors on record: 8

## About

Hologram Inc. is a provider of global cellular IoT connectivity solutions, specializing in enabling businesses to manage high-speed, reliable network connections for various applications.Founded in 2013, Hologram Inc. is headquartered in Chicago, US, and focuses on delivering cellular IoT connectivity. The company was co-founded by Benjamin F and Patrick Wilbur, with Benjamin F currently serving as CEO. Hologram has completed a total of 4 deals, with its most recent funding round occurring on November 30, 2021, during which it raised USD 6.8 mn in SERIES B financing led by Founders Circle Capital, along with participation from Chingona Ventures, Converge, and Mindset Ventures. The company has not undergone any major pivots or changes in business strategy since its inception.Hologram specializes in providing global cellular IoT connectivity, primarily through its flagship product, the Hologram Dashboard, which serves as a comprehensive connectivity management tool. The company's offerings include reliable, multi-carrier cellular connectivity solutions designed to support a variety of high-data and real-time applications, with speeds reaching up to 300 Mbps and latency as low as 50 ms. Hologram's services are tailored to businesses across multiple industries, allowing them to effectively manage their SIM fleets, switch networks seamlessly with eUICC-enabled Hyper SIM cards, and maintain connectivity through redundant support from over 550 global networks. The end users of Hologram's services include businesses and organizations operating in more than 190 countries, leveraging the connectivity solutions for diverse use cases such as smart cities, logistics, and remote monitoring.Hologram generates revenue primarily through a subscription-based model, providing clients access to its cellular IoT connectivity services. The pricing structure is designed to cater to various business needs, starting as low as 3 cents per megabyte, with options for customized plans to optimize costs for larger data requirements. The transactions typically involve businesses signing up for monthly or annual plans, enabling them to scale their connectivity based on usage. In addition to its standard offerings, Hologram also provides specialized services, including private networking and VPN solutions, which enhance security for clients’ devices. The company sustains its revenue stream by focusing on B2B relations, collaborating with organizations that require reliable and end-to-end secure connectivity for their IoT devices.Following its most recent funding round in November 2021, where Hologram Inc. raised USD 6.8 mn, the company plans to utilize the capital to expand its product offerings and enhance its service capabilities. Hologram is focusing on developing new products designed to optimize connectivity solutions for their clients, while also aiming to expand into international markets, particularly in Europe and Asia, by the end of 2023. The funds will support initiatives to scale operations and enhance the technological infrastructure required to meet the demands of an evolving IoT landscape.

## Funding rounds

- Series B, Nov 30, 2021, $6.8M — Founders Circle Capital, Mindset Ventures, Converge, Chingona Ventures
- Series B, Aug 10, 2021, $78M — Tiger Global Management, NextView Ventures, Bullpen Capital, Mucker Capital

## Investors

- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- NextView Ventures (https://capitalatlas.ai/funds/nextview-ventures) — Series B
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Series B
- Mucker Capital (https://capitalatlas.ai/funds/mucker-capital) — Series B
- Founders Circle Capital (https://capitalatlas.ai/funds/founders-circle-capital) — Series B
- Mindset Ventures (https://capitalatlas.ai/funds/mindset-ventures) — Series B
- Converge — Series B
- Chingona Ventures (https://capitalatlas.ai/funds/chingona-ventures) — Series B