When was Cumulocity founded?

Cumulocity was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Cumulocity located?

Cumulocity is headquartered in Dusseldorf, Germany. It is registered at Marc-Chagall-Straße 2, 40477 Düsseldorf, Germany.

Who is the current CEO of Cumulocity?

Bernd Gross of Cumulocity. They have also founded 1 company.

How many employees does Cumulocity have?

As of Jun 30, 2026, the latest employee count at Cumulocity is 199.

Is Cumulocity a funded company?

Cumulocity is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Feb 05, 2013.

When was the latest funding round of Cumulocity?

Cumulocity's latest funding was a $***** Seed round on Feb 05, 2013, with participation from 2 investors.

What is the annual revenue of Cumulocity?

Annual revenue of Cumulocity is between €1M and €10M as on Dec 31, 2020

Where does Cumulocity rank among its competitors?

Cumulocity ranks 13th amongst 491 active competitors, of which 59 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was MaintainX, which secured $150M in Mar, 2025.

Who are the top competitors of Cumulocity?

Cumulocity's top competitors include Particle, Software AG and PTC. Among them, MaintainX secured the most recent funding round in March, 2025.

Cumulocity - 2026 Company Profile, Team, Funding, Competitors & Financials

Cumulocity is an acquired company based in Dusseldorf (Germany), founded in 2012 by Bernd Gross and Stefan Vaillant. It operates as an Offers an enterprise-grade AIoT platform that connects and manages assets efficiently. Cumulocity has raised an undisclosed amount in funding from HTGF and Verso Capital. The company has 491 active competitors, including 59 funded and 49 that have exited. Its top competitors include companies like Particle, Software AG and PTC.

Company Details

Offers an enterprise-grade AIoT platform that connects and manages assets efficiently. It transforms raw device data into AI-ready data, and orchestrates innovation from cloud to edge, combined with a team of experts and a large ecosystem of device, technology, and implementation partners to achieve lasting customer success. It is the preferred choice for industrial equipment makers to develop high-value digital services and is trusted by leading companies worldwide as their partner, knowing they have access to the software and services needed to power their smart connected products in manufacturing, fleet management, consumer electronics, and more. Operating in 20 plus countries.

Website: www.cumulocity.com/
Social
Email ID: *****@cumulocity.com
Part Of
Registered Address: Marc-Chagall-Straße 2, 40477 Düsseldorf, Germany

Key Metrics

Founded Year

2012

Location

Dusseldorf, Germany

Stage

Acquired

Latest Funding Round

Seed, Feb 05, 2013, $*****

Investors

HTGF & 1 more

Ranked

13^th among 491 active competitors

Annual Revenue

€1M - €10M as on Dec 31, 2020

Employee Count

199 as on Jun 30, 2026

Similar Companies

Particle & 610 more

Exit Details

Acquired by Avedon Capital Partners (Jun 01, 2024)

View Cumulocity's full profile

Cumulocity is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Cumulocity Gmbh CIN: R1101_HRB68832 , Germany, Active	Oct 09, 2012	€1M - €10M (As on Dec 31, 2020)	285 (As on Dec 31, 2024)

Cumulocity got acquired by Avedon Capital Partners on Jun 01, 2024.

Click here to take a look at Cumulocity's acquisition in detail

Cumulocity has raised funding over 1 round. Its latest funding round was a Seed round on Feb 05, 2013 for $*****. 2 investors participated in its latest round. Cumulocity has 2 institutional investors.

Here is the list of recent funding rounds of Cumulocity:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 05, 2013	5357264	Seed	6561135	5470149	2246600	6721219

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View details of Cumulocity's funding rounds and investors

The founders of Cumulocity are Bernd Gross and Stefan Vaillant. Bernd Gross is the CEO of Cumulocity.

Here are the details of Cumulocity's key team members:

Bernd Gross: CEO & ex-Co-Founder of Cumulocity. They serve on the board of 1 company.
Contact Info: 1 email address
Stefan Vaillant: Co-Founder & CTO of Cumulocity.
Contact Info: 1 email address

Cumulocity's Board of Directors

Cumulocity's board has 3 active members. Bernd Gross, Jürgen Krämer and Stefan Vaillan are part of team.

Here is the list of Cumulocity's board of directors:

Name	Type	Representing	Status	Duration
Bernd Gross	Team	-	Current	13y 8m
Jürgen Krämer	Team	-	Current	1y 4m
Stefan Vaillan	Team	-	Current	1y 4m
kcpuxwf	Independent board member	-	Past	9y 2m
tiuezjm	Independent board member	-	Past	4y 9m

View details of Cumulocity's Founder profiles and Board Members

Cumulocity's employee count trend

Cumulocity has 199 employees as of Jun 26. Here is Cumulocity's employee count trend over the years:

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Top competitors of Cumulocity include Particle, Software AG and PTC. Here is the list of Top 10 competitors of Cumulocity, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Particle 2011, San Francisco (United States), Acquired	Developer of a prototype to production connectivity platform for IoT	$135M	Root Ventures, Spark Capital & 20 others	78/100
2nd	Software AG 1969, Darmstadt (Germany), Acquired	Provider of digital transformation solutions, services, and enterprise application products	-	Silver Lake, EIP & 3 others	77/100
3rd	PTC 1985, Boston (United States), Public	Provider of software for product lifecycle management, CAD, IoT, and service	-	Bessemer Venture Partners, CRV & 3 others	77/100
4th	Silicon Labs 1996, Austin (United States), Acquired	Developer of wireless and non-wireless technologies, software, tools, and services	-	Silverton Partners, Norwest & 6 others	76/100
5th	Ayla Networks 2010, Milpitas (United States), Series D	Provider of an IoT platform for smart home and device solutions	$144M	Cisco Investments, Crosslink Capital & 20 others	73/100
6th	MaintainX 2018, San Francisco (United States), Acquired	Provider of a platform for maintenance and operations management solutions	$254M	Bessemer Venture Partners, Bain Capital Ventures ... & 30 others	71/100
7th	Winjit 2004, Nashik (India), Seed	Provider of artificial intelligence, machine learning, and digital transformation solutions	$2.92M	RIB Software, MTWO & 25 others	67/100
8th	Greenwave Systems 2008, Irvine (United States), Acquired	Developer of software-defined network platform enabling virtual network operator capabilities	$75.1M	EDBI, The Westly Group & 8 others	64/100
9th	Vantiq 2014, Walnut Creek (United States), Series B	Provider of cloud based end to end IoT platforms	$56.4M	SoftBank, Raptor Group	61/100
10th	Decisyon 2005, San Francisco (United States), Series B	Provider of platform for corporate performance management	$55.9M	Catalyst Investors, Horizon & 2 others	60/100
13th	Cumulocity 2012, Dusseldorf (Germany), Acquired	Offers an enterprise-grade AIoT platform that connects and manages assets efficiently	-	HTGF, Verso Capital	57/100