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How DeviceHub CEO Ionut Cotoi grew DeviceHub to $131.8K revenue with a 2 person team 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

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DeviceHub Revenue

In 2021, DeviceHub's revenue reached $131.8K. Since its launch in 2013, DeviceHub has shown consistent revenue growth.

DeviceHub Revenue GrowthReported revenue / ARR by year$0$30K$60K$90K$120K$150K201320142015201620172018201920202021$0$132KSource: GetLatka.com
YearMilestone
2021DeviceHub Hit $131.8k revenue in April 2021
2013Launched with $0 revenue

DeviceHub Valuation, Funding Rounds

DeviceHub reached a $395.3K valuation in 2015, set during its Angel Round round.

DeviceHub has raised $158K in total funding across 3 rounds, most recently a $56.4K Grant round in 2017.

DeviceHub Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$150K$300K$450K$600K$750K201320142015201620172013 cumulative: $0 • 2013 Founded: $02015 cumulative: $90K • 2013 Founded: $0 • 2015 Angel Round: $90K @ $678K valuation2015 cumulative: $102K • 2013 Founded: $0 • 2015 Angel Round: $90K @ $678K valuation • 2015 Angel Round: $11K2017 cumulative: $158K • 2013 Founded: $0 • 2015 Angel Round: $90K @ $678K valuation • 2015 Angel Round: $11K • 2017 Grant: $56K$158K2013 Founded: $0 valuation2015 Angel Round: $678K valuation$678KSource: GetLatka.com
YearRoundAmountValuation% Sold
2017Grant$56.4K--
2015Angel Round$11.3K--
2015Angel Round$90.3K$678.4K13%

DeviceHub Employees & Team Size

DeviceHub employs approximately 2 people as of 2026.

DeviceHub has 2 total employees in different roles and functions and 1 sales reps that carry a quota.

DeviceHub Team GrowthReported headcount over time0112232013201420152016201720182019202020210022Source: GetLatka.com
YearMilestone
2021Reached 2 employees (April 2021)

Founder / CEO

Ionut Cotoi

Ionut Cotoi is listed as Founder / CEO at DeviceHub.

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Customers

We do not have customer count information for DeviceHub yet.

Frequently Asked Questions about DeviceHub

What is DeviceHub's revenue?

DeviceHub generates $131.8K in revenue.

Who founded DeviceHub?

DeviceHub was founded by Ionut Cotoi.

Who is the CEO of DeviceHub?

The CEO of DeviceHub is Ionut Cotoi.

How much funding does DeviceHub have?

DeviceHub raised $158K.

How many employees does DeviceHub have?

DeviceHub has 2 employees.

Where is DeviceHub headquarters?

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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

DeviceHub Revenue 2021: $131.8K ARR, $395.3K Valuation