Losant IoT
Latest round
- Series A
Last raised
- Feb 2018
Total raised
- $5.2M
Investors
- 4
About Losant IoT
Losant IoT, Inc. is an enterprise-focused Internet of Things (IoT) platform provider that enables organizations to connect, visualize, and automate their devices and data for enhanced operational efficiency. Founded in 2015 and headquartered in Cincinnati, US, Losant IoT, Inc. specializes in providing an Enterprise IoT Platform. The company was founded by Brandon Cannaday and Charlie Key, with Charlie Key currently serving as the CEO. Losant IoT, Inc.Losant offers a robust Enterprise IoT Platform that provides a suite of tools designed to facilitate the connection, visualization, and automation of devices and data. The platform's core functionalities include a low-code workflow engine that enables users to collect, centralize, and integrate data from various connected devices and systems, ultimately delivering real-time insights and actionable intelligence. This offering is geared towards enterprises aiming to revolutionize their operational strategies by enhancing data management and orchestration. Key use cases include industrial equipment monitoring, asset tracking, and condition-based maintenance, where clients leverage Losant’s capabilities to improve efficiency and drive business growth.Losant generates revenue primarily through subscription-based models for its Enterprise IoT Platform, allowing clients to access various features and functionalities tailored to their operational needs. Clients typically engage with Losant through direct partnerships, where they subscribe to the platform based on their device and user requirements, ensuring scalability as their businesses grow. The pricing structure reflects the platform's capabilities, with options that cater to different levels of service and support, aligning with the complexity of the solutions deployed. By focusing on enterprise clients, Losant facilitates transactions that enhance clients' operational efficiencies and improve overall data management while fostering long-term relationships through ongoing support and updates.In September 2023, Losant IoT, Inc. The company plans to introduce new product features designed to enhance user experience and functionality, as well as to expand its market reach into new geographical regions beyond North America. In February 2026, SUSE Software Solutions Germany GmbH, a portfolio company of EQT, acquired Losant IoT, Inc. from CincyTech, Revolution Ventures, TechNexus Venture Collaborative, and Vine St. Ventures. Financial terms were not disclosed. The company plans to introduce new product features designed to enhance user experience and functionality, as well as to expand its market reach into new geographical regions beyond North America.
Who invested in Losant IoT
4 investors across 1 round
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Funding rounds
Series A
Feb 14, 2018
Amount
$5.2M
Investors
Questions about Losant IoT
Who invested in Losant IoT?
Losant IoT has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Losant IoT raised?
Losant IoT has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Losant IoT last raise money?
Losant IoT's most recent round on record is a Series A, in Feb 2018.
What does Losant IoT do?
Losant IoT is a internet company.
Where is Losant IoT headquartered?
Losant IoT is headquartered in Cincinnati, US.
Which VCs invest in companies like Losant IoT?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Losant IoT's stage. Their profiles are linked below.
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