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Romania
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
In 2021, DeviceHub's revenue reached $131.8K. Since its launch in 2013, DeviceHub has shown consistent revenue growth.
DeviceHub reached a $395.3K valuation in 2025, set during its M&A Offer 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 |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $395.3K | - | |
| 2017 | Grant | $56.4K | - | - | |
| 2015 | Angel Round | $11.3K | - | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for DeviceHub yet.
DeviceHub employs approximately 2 people as of 2026, including 1 sales reps that carry a quota.
DeviceHub generates $131.8K in revenue.
DeviceHub was founded by Ionut Cotoi.
The CEO of DeviceHub is Ionut Cotoi.
DeviceHub raised $158K across 3 rounds.
DeviceHub has 2 employees.
DeviceHub is headquartered in Romania.
DeviceHub operates across multiple industries. Browse revenue, funding, and growth data for DeviceHub in each sector below.
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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Valuation
$395.3K
2021 Revenue
$131.8K
Funding
$158K
Team
2
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2021 | DeviceHub Hit $131.8k revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
| 2015 | Angel Round | $90.3K | $678.4K | 13% |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 2 employees (April 2021) |
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