# SAS IoTerop

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sas-ioterop

- Industry: Software
- Headquarters: Montpellier, France
- Website: www.ioterop.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Nov 25, 2019)
- Investors on record: 2

## About

SAS IoTerop develops advanced IoT connectivity solutions, offering innovative products such as SIM cards, eSIMs, and device management systems for seamless integration in various industries.SAS IoTerop specializes in IoT connectivity solutions. Based in Montpellier, France, the company was founded by David Navarro and Jacques Bourhis. In November 2019, SAS IoTerop raised EUR 1.5 million in Seed funding, led by Breega with participation from Irdi Capital Investissement. The total amount raised to date is EUR 1.5 million, valuing the company at EUR 5.897 million.SAS IoTerop provides a range of cellular IoT connectivity solutions, including SIM cards, eSIMs, and high-speed LTE modules designed for various applications. Their offerings support seamless connectivity for IoT devices across industries, enhancing operational efficiencies and control for over 250 clients globally.In 2019, SAS IoTerop reported a revenue of EUR 164,289.40 and an EBITDA of EUR -172,252.60, indicating their financial results for the most recent year.Following the Seed funding raised in November 2019, SAS IoTerop plans to enhance its technology, expand its global presence, and boost sales efforts, particularly targeting markets in the United States and Japan. The funding will be allocated to these strategic initiatives, aligning with their growth objectives.

## Funding rounds

- Seed, Nov 25, 2019, $1.6M — Breega, Irdi Capital Investissement

## Investors

- Breega (https://capitalatlas.ai/funds/breega) — Seed
- Irdi Capital Investissement (https://capitalatlas.ai/funds/irdi-capital-investissement) — Seed