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Valuation

$395.3K

2021 Revenue

$131.8K

Funding

$158K

Team

2

Founded

2013

How DeviceHub CEO Ionut Cotoi grew 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

Last updated

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 over time$0$30K$60K$90K$120K$150K201320142015201620172018201920202021$0$131.8KSource: GetLatka.com
YearMilestoneQuote
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$0$150K$40K$300K$80K$450K$120K$600K$160K$750K$200K20132014201520162017$678.4KSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2017Grant$56.4K--
2015Angel Round$11.3K--
2015Angel Round$90.3K$678.4K13%

Founder / CEO

Ionut Cotoi

CEO

Ionut Cotoi is listed as CEO at DeviceHub.

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Customers

We do not have customer count information for DeviceHub yet.

DeviceHub Employees & Team Size

DeviceHub employs approximately 2 people as of 2026, including 1 sales reps that carry a quota.

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

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 across 3 rounds.

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.

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