# Monogoto

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

- Industry: Telecoms
- Headquarters: Chatsworth, US
- Website: www.monogoto.io
- Total disclosed funding: $38M
- Latest round: Series A (Oct 15, 2024)
- Investors on record: 12

## About

Monogoto Inc., based in the US, provides a cloud-based IoT Connectivity Management Platform that empowers businesses to manage and scale connectivity solutions for devices across diverse applications worldwide.Founded in 2018 in Chatsworth, California, Monogoto Inc. specializes in IoT connectivity management. The company has received a total of 2 investment deals, with the most recent funding occurring on October 15, 2024. Monogoto raised USD 27.00 mn in a Series A funding round led by Toyota Ventures, with participation from several other investors including Alter Venture Partners and Samsung NEXT Ventures. The firm was founded by Maor E, who has a history of entrepreneurship in the tech sector.Monogoto's primary offerings are centered on its IoT Connectivity Management Platform, designed for businesses to efficiently manage and scale connectivity solutions for connected devices. The platform supports a wide range of applications, integrating with over 550 networks, including Private 5G and satellite services, across more than 180 countries. Monogoto serves various sectors, including fleet management, smart metering, healthcare, and smart cities, providing tailored solutions that encompass real-time monitoring and energy management systems, all facilitated through customizable APIs for seamless integration.Monogoto operates on a subscription-based revenue model, providing clients access to its connectivity management services through various pricing tiers. Revenue is generated through direct transactions with clients utilizing the platform for managing device connectivity and network performance. Collaborations with industries such as logistics and urban infrastructure contribute to the company's financial growth by enabling clients to enhance their operational efficiencies through Monogoto's comprehensive solutions.Following the recent Series A funding of USD 27.00 mn, Monogoto plans to enhance its software technology platform. The company is also looking to expand its market presence, targeting new geographic regions and specific sectors in the coming years to further grow its customer base. The funding is intended to support the development of new product offerings and improve existing services, aiming to facilitate broader integration of connectivity solutions across industries.

## Funding rounds

- Series A, Oct 15, 2024, $27M — Singtel Innov8, Wayra, Triventures, Samsung NEXT Ventures, Toyota Ventures, Team8 Capital, Magenta Venture Partners, J-Ventures, Alter Venture Partners, Assembly Ventures
- Seed, Jun 9, 2021, $11M — Telefonica, Singtel Innov8, Triventures, Planven, Team8 Capital, Alter Venture Partners

## Investors

- Telefonica (https://capitalatlas.ai/funds/telefonica) — Seed
- Singtel Innov8 (https://capitalatlas.ai/funds/singtel-innov8) — Seed, Series A
- Triventures (https://capitalatlas.ai/funds/triventures) — Seed, Series A
- Planven (https://capitalatlas.ai/funds/planven) — Seed
- Team8 Capital (https://capitalatlas.ai/funds/team8-capital) — Seed, Series A
- Alter Venture Partners (https://capitalatlas.ai/funds/alter-venture-partners) — Seed, Series A
- Wayra (https://capitalatlas.ai/funds/wayra) — Series A
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series A
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Series A
- Magenta Venture Partners (https://capitalatlas.ai/funds/magenta-venture-partners) — Series A
- J-Ventures (https://capitalatlas.ai/funds/j-ventures) — Series A
- Assembly Ventures (https://capitalatlas.ai/funds/assembly-ventures) — Series A