1. Motive
United States · IoT Platforms
Motive builds technology to improve the safety, productivity and profitability of businesses that power the physical economy.
- Revenue
- $549M
- Funding
- $789.3M
- Team size
- 5K
EcoFlow Alternatives & Competitors
The closest alternatives to EcoFlow are Motive, MapmyIndia and Black Lake Technologies. EcoFlow generates $1B in revenue with 2.6K employees. Every one of the 20 alternatives below is compared with EcoFlow on revenue, funding, customers, team size and founding year.
EcoFlow at a glance
- Revenue
- $1B
- Valuation
- $1B
- Funding
- $104M
- Team size
- 2.6K
- Founded
- 2017
EcoFlow vs its top alternatives
EcoFlow is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.
| Company |  EcoFlowThis company | Motive |  MapmyIndia |  Black Lake Technologies |  TERMINUS Technology |  ambientdevices.com |  iBUS |  SmartMore |  G7 Networks |  Scandit |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1B | $549M | $379M | $330M | $258M | $172.9M | $171M | $150M | $150M | $119.1M |
| Valuation | $1B | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Funding raised | $104M | $789.3M | $74.8M | Not disclosed | $109.6M | Not disclosed | Not disclosed | $300M | $710M | $273.1M |
| Customers | Not disclosed | Not disclosed | Not disclosed | 2K | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | 1K |
| Team size | 2.6K | 5K | 879 | 1.1K | 1K | 5 | 364 | 1K | 1K | 364 |
| Founded | 2017 | 2013 | 1995 | 2015 | 2015 | Not disclosed | 2010 | 2019 | 2016 | 2009 |
| HQ | Shenzhen, China | United States | India | China | China | United States | India | China | China | Switzerland |
Top IoT Platforms companies similar to EcoFlow
- Revenue
- $379M
- Funding
- $74.8M
- Team size
- 879
3. Black Lake Technologies
China · IoT Platforms
Provider of cloud-based technology for data-driven smart factories created to bring internet technology to traditional manufacturers. The company offers algorithm-driven and flexible configurable multi-platform…
Black Lake Technologies revenue & fundingEcoFlow vs Black Lake Technologies
- Revenue
- $330M
- Customers
- 2K
- Team size
- 1.1K
4. TERMINUS Technology
China · IoT Platforms
Terminus Technology develops enterprise-level software that allows e-commerce businesses in various industries to manage supply chain finance and offers smart city solutions utilizing AI and IoT technologies.
TERMINUS Technology revenue & fundingEcoFlow vs TERMINUS Technology
- Revenue
- $258M
- Funding
- $109.6M
- Team size
- 1K
5. ambientdevices.com
United States · IoT Platforms
Ambient Devices, Inc. is a privately held company founded in 2001 and based in Cambridge, Massachusetts, USA that designs and markets various ambient devices for display of information ranging from weather to traffic…
ambientdevices.com revenue & fundingEcoFlow vs ambientdevices.com
- Revenue
- $172.9M
- Team size
- 5
6. iBUS
India · IoT Platforms
iBUS is a digital infratech platform delivering seamless, end to end connectivity solutions across diverse industries. We bring together mobile, managed WiFi, and IoT solutions to empower enterprises to thrive in a…
- Revenue
- $171M
- Team size
- 364
7. SmartMore
China · IoT Platforms
SmartMore is a fast-growing high-tech company specialized in providing comprehensive products & solutions for smart manufacturing and digital innovation.
- Revenue
- $150M
- Funding
- $300M
- Team size
- 1K
8. G7 Networks
China · IoT Platforms
G7 Networks is a fleet management service provider in China that offers IoT/AI services to over 800,000 vehicles, serving sectors within the logistics and transportation industry.
- Revenue
- $150M
- Funding
- $710M
- Team size
- 1K
9. Scandit
Switzerland · IoT Platforms
Developer of computer vision applications designed to reinvent how enterprises and consumers interact with everyday objects and augmented reality. The company's enterprise technology platform for mobile computer vision…
- Revenue
- $119.1M
- Funding
- $273.1M
- Customers
- 1K
- Team size
- 364
10. Plex Systems Inc
United States · IoT Platforms
Plex Systems is a global leader in smart manufacturing.
Plex Systems Inc revenue & fundingEcoFlow vs Plex Systems Inc
- Revenue
- $115.1M
- Funding
- $17.6M
- Customers
- 650
- Team size
- 464
11. Tive
United States · IoT Platforms
Tive, founded in 2015 by CEO Krenar Komoni, is a supply chain visibility company that sells IoT tracking devices paired with a SaaS platform to help shippers monitor the real-time location and condition of freight…
- Revenue
- $100M
- Funding
- $139.5M
- Customers
- 1.3K
- Team size
- 243
12. Plume Design
United States · IoT Platforms
Plume Design, Inc. is a technology company that provides cloud-based software solutions and hardware products for the smart home market. Their platform enables internet service providers to offer personalized and secure…
- Revenue
- $96.1M
- Funding
- $747.4M
- Customers
- 170
- Team size
- 440
13. Mapbox
United States · IoT Platforms
Mapbox is the leading real-time location platform for a new generation of location-aware businesses. Mapbox is the only platform that equips organizations with the full set of tools to power the navigation of people…
- Revenue
- $93M
- Funding
- $573.6M
- Team size
- 845
14. osapiens
Germany · IoT Platforms
Osapiens provides an ESG platform and Software-as-a-Service solutions for companies, driving digital transformation through supply chain management and IoT solutions.
- Revenue
- $90M
- Team size
- 504
15. Armada
United States · IoT Platforms
Armada specializes in solving complex challenges for industries operating in remote locations. By integrating connectivity, advanced compute, and real-world AI, we are pioneering edge computing and AI solutions that…
- Revenue
- $83.2M
- Team size
- 368
16. SQUAD
Ukraine · IoT Platforms
We are a research and delivery team working on impactful products. We are gathering top notch minds in domains such as Research, Embedded, Hardware, Mobile, QA, Infrastructure, Delivery, Product and Design, and…
- Revenue
- $80.9M
- Team size
- 735
17. FlashParking
United States · IoT Platforms
drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations, connected…
- Revenue
- $77.3M
- Funding
- $100M
- Team size
- 703
18. Haber
India · IoT Platforms
Haber is an AI-driven automation platform designed to optimize processes and utility management, integrating data collected through sensors to improve plant efficiency and output.
- Revenue
- $73.4M
- Team size
- 223
19. Nozomi Networks
United States · IoT Platforms
Nozomi Networks is the leader in OT & IoT security for critical infrastructure. Their platform uniquely combines network and endpoint visibility.
- Revenue
- $63.5M
- Team size
- 369
20. Backhouse
United States · IoT Platforms
Backhouse specializes in residential project development with land acquisition, housebuilding, and construction services. They also provide smart living solutions with an IoT ecosystem to simplify people's homes.
- Revenue
- $60.9M
- Team size
- 3
EcoFlow vs the IoT Platforms market
EcoFlow ranks #1 of 698 IoT Platforms companies by annual revenue, putting it in the top 1% of the market.
- Companies tracked
- 698
- Median revenue
- $2.3M
- Median funding
- $6.4M
- Median team size
- 19
EcoFlow funding
| Date | Round | Amount | Valuation |
|---|---|---|---|
| May 2022 | Series C | $100M | $1B |
| Apr 2018 | Series A | $4M | Not disclosed |
EcoFlow competitors FAQ
What companies are similar to EcoFlow?
The closest alternatives to EcoFlow are Motive, MapmyIndia and Black Lake Technologies, all active in IoT Platforms. This page compares each of them with EcoFlow on revenue, funding, customers and team size.
What is the best alternative to EcoFlow?
Motive is the closest alternative to EcoFlow, generating $549M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives above before choosing.
How much revenue does EcoFlow generate?
EcoFlow generates $1B in revenue.
How much funding has EcoFlow raised?
EcoFlow has raised $104M in funding.
Is EcoFlow bigger than Motive?
Yes. EcoFlow generates $1B in revenue versus $549M at Motive.
