Valuation
$2M
2025 Revenue
$660K
Funding
$0
Team
6
Founded
2017
How FAVORIOT grew FAVORIOT to $660K revenue with a 6 person team in 2025.
Favoriot is a technology company that specializes in Internet of Things (IoT) solutions. It offers an IoT platform tailored for enterprises, enabling them to integrate and manage IoT devices and data effectively. This platform is designed to cater to various sectors, including businesses, research labs, IT departments, and data centers, enhancing operational efficiencies and enabling them to become leaders in the technological revolution. Favoriot's solutions empower organizations with the tools to innovate and stay competitive in the digital era.
Last updated
FAVORIOT Revenue
In 2025, FAVORIOT's revenue reached $660K. Since its launch in 2017, FAVORIOT has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2025 | FAVORIOT Hit $660k revenue in September 2025 |
| 2017 | Launched with $0 revenue |
FAVORIOT Valuation, Funding Rounds
FAVORIOT's most recent disclosed valuation is $2M.
FAVORIOT is a bootstrapped IoT Platforms startup. Founded in 2017, FAVORIOT has grown to $660K in revenue without raising any venture capital or outside funding.
As a self-funded IoT Platforms SaaS company, FAVORIOT has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
FAVORIOT Employees & Team Size
FAVORIOT employs approximately 6 people as of 2026.
FAVORIOT has 6 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2025 | Reached 6 employees (September 2025) |
Customers
We do not have customer count information for FAVORIOT yet.
Frequently Asked Questions about FAVORIOT
What is FAVORIOT's revenue?
FAVORIOT generates $660K in revenue.
How much funding does FAVORIOT have?
FAVORIOT raised $0.
How many employees does FAVORIOT have?
FAVORIOT has 6 employees.
Where is FAVORIOT headquarters?
FAVORIOT is headquartered in Puchong, Selangor, Malaysia.
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X-CITE S.A.
We merged the IoT & AI SYSTEM ENABLER and DESIGN HOUSE view, creating a unique positioning to enable private and public clients ’cross industries to deploy IoT, AI & 5G solutions in a reliable way, “Out of the Box”. Regrouping multiple expertise – IoT, Cloud technologies, Mass data, AI, ML, Security, NG telco networks incl. 5G & xPON, automatization - our offer is unique! From idea generation, over fast prototypes, POCs’, followed by large implementations using X-BRAiN as a Connectivity, Mass-data and AI Accelerator incl. NEF-SCEF 5G integration. X-CITE is official Google Cloud partner. Our aim is to build a library of +200 AI & 5G use cases covering the most essential verticals, allowing our multi-disciplinary teams together with customers to rapidly formulate ideas or use-cases and implement them in X-BRAiN with low TTM. X-BRAiN uses ML and AI algorithms to address IoT and its associated problems, all available in a subscription model. Our Foundational Technology Platform is blockchain enabled. Learn more on www.x-brain.io Our offer includes a growing Edge hardware portfolio integr. with X-BRAiN and available in subscription model. It includes a world first advanced 5G Google Coral Module which can be mounted straight on devices including Drones; modular 4G LTE Cat. M1/Cat. NB2/EGPRS & GNSS high-speed Tracker and environmental Sensor, NB1/NB2 and M1 cellular LPWAN vehicle and health tracker. We are accelerating our move to a Digital Business Platform model and open-up X-BRAiN to developers that can make more of the data, assets, and services available – Become part of our “Firestarters” developer community. We design and build your future IoT, AI, 5G and circular economy strategy and products. X-CITE is headquartered in Luxembourg, with offices in Munich and Belgrade and strong links to UK.
Compare FAVORIOT to the industry
FAVORIOT operates across multiple industries. Browse revenue, funding, and growth data for FAVORIOT 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 .