DeviceHub
Romania
Valuation · 2015
$678.4K
2021 Revenue
$131.8K
Funding
$158K
Team
2
Founded
2013
DeviceHub Revenue, Valuation & Funding (2021)
DeviceHub generated $131.8K in revenue in 2021.
DeviceHub's mission is to empower individuals, developers and companies worldwide to build a better, more functional tomorrow, through a collaborative Internet of Things platform because we believe that collaboration and knowledge sharing drive growth and innovation.
The SOLUTION
We provide developers and companies access to the first scalable, universal, open source ecosystem management platform (EMP) for IoT, that enables them to connect and manage devices, equipment and/or sensors remotely. Through the platform, users can build mission-critical, secure and customizable IoT apps that can run in a centralized or decentralized (or hybrid) manner, using blockchain encryption to communicate between the actors of the system, and have a highly fault tolerant backbone that can achieve 99.999% availability. The platform is built to be accessible it can be used by individuals with little coding or app development experience to create end-to-end IoT solutions.
The platform is designed
Last updated
DeviceHub Revenue
In 2021, DeviceHub's revenue reached $131.8K.
| Year | Milestone | Source |
|---|---|---|
| 2021 | DeviceHub Hit $131.8k revenue in April 2021 | Not recorded |
| 2013 | Launched with $0 revenue |
DeviceHub Valuation, Funding Rounds
DeviceHub reached a $678.4K valuation in 2015, set during its Angel round.
DeviceHub has raised $158K in total funding across 3 rounds, most recently a $56.4K Grant round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Grant | $56.4K | - | - | Not recorded |
| 2015 | Angel | $11.3K | - | - | Not recorded |
| 2015 | Angel | $90.3K | $678.4K | 13% | Not recorded |
Founder / CEO
Ionut Cotoi
CEO
DeviceHub Employees & Team Size
DeviceHub employs approximately 2 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 2 employees (April 2021) | Not recorded |
Frequently Asked Questions about DeviceHub
Is DeviceHub still operating?
No. DeviceHub has shut down.
What is DeviceHub's revenue?
As of 2021, DeviceHub generated $131.8K in revenue.
Who founded DeviceHub?
DeviceHub was founded by Ionut Cotoi.
When was DeviceHub founded?
DeviceHub was founded in 2013.
How much funding does DeviceHub have?
DeviceHub raised $158K across 3 rounds.
How many employees does DeviceHub have?
As of 2021, DeviceHub had 2 employees.
Where is DeviceHub headquartered?
DeviceHub is headquartered in Romania.
Compare DeviceHub to the industry
DeviceHub operates across multiple industries. Browse revenue, funding, and growth data for DeviceHub in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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