When was iot squared founded?

iot squared was founded in 2022.

Where is iot squared located?

iot squared is headquartered in Riyadh, Saudi Arabia.

How many employees does iot squared have?

As of Sep 30, 2026, the latest employee count at iot squared is 286.

Where does iot squared rank among its competitors?

iot squared ranks 219th amongst 486 active competitors, of which 40 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Elemental Machines, which secured $5.7M in Apr, 2026.

Who are the top competitors of iot squared?

iot squared's top competitors include UnaBiz, Kontakt and Brickeye. Among them, Elemental Machines secured the most recent funding round in April, 2026.

iot squared - 2026 Company Profile, Funding & Competitors

Company Details

Diversified IoT solutions. It offers IoT hardware and software for smart cities, logistics, idustrial monitorin, fleet monitoring, and security applications.

Website: iotsquared.com.sa
Social

Key Metrics

Founded Year

2022

Location

Riyadh, Saudi Arabia

Stage

Funding Raised

Investors

Public Investment Fund

Ranked

219^th among 486 active competitors

Employee Count

286 as on Sep 30, 2026

Investment & Acquisitions

Machinestalk

Similar Companies

UnaBiz & 549 more

View iot squared's full profile

iot squared is a funded company. iot squared has 1 institutional investor.

View details of iot squared's funding rounds and investors

iot squared's employee count trend

iot squared has 286 employees as of Sep 26. Here is iot squared's employee count trend over the years:

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Top competitors of iot squared include UnaBiz, Kontakt and Brickeye. Here is the list of Top 10 competitors of iot squared, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	UnaBiz 2016, Singapore (Singapore), Series B	Provider of IoT solutions for utilities, asset, and facilities management	$85M	Mirai Creation Fund, KDDI & 38 others	66/100
2nd	Kontakt 2013, Krakow (Poland), Series C	Provider of real-time location services platform for healthcare operational predictability	$55.8M	Goldman Sachs Asset Management, Credo Ventures ... & 3 others	65/100
3rd	Brickeye 2013, Toronto (Canada), Acquired	Provider of construction risk mitigation platform integrating IoT and data analytics	$20M	GreenSky, Beauchampco & 7 others	62/100
4th	Wind River 1981, Alameda (United States), Acquired	Provider of software for mission-critical intelligent systems across various industries	-	Zygote Ventures, HWVP & 2 others	62/100
5th	Balena 2013, London (United Kingdom), Series C	Developer of an ecosystem to create, deploy, and manage fleets of connected devices	$101M	DFJ, OpenView & 39 others	58/100
6th	Elemental Machines 2015, Cambridge (United States), Series B	Provider of data driven drug discovery and development platform for various industries	$52.3M	Omega Venture Partners, Founders Fund & 22 others	58/100
7th	Lantronix 1989, Irvine (United States), Public	Provider of edge computing, out-of-band management, and industrial IoT solutions	-	Herald Investment Management, HCP & 1 others	57/100
8th	YITU 2012, Xuhui (China), Series C	Provider of AI based decision intelligence platform for multiple sectors	$385M	Gaorong Capital, Hillhouse & 20 others	56/100
9th	ST Engineering 1967, Singapore (Singapore), Public	Provider of aerospace, smart city, defence, and digital technology solutions	-	Temasek, Japan Airlines	55/100
10th	Digi International 1985, Minnetonka (United States), Public	Provider of IIoT devices, services, and solutions for M2M networking	-	YFM Equity Partners	54/100
219th	iot squared 2022, Riyadh (Saudi Arabia), Funding Raised	Diversified IoT solutions	-	Public Investment Fund	24/100