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IOTA - About the company

IOTA is a seed company based in Berlin (Germany), founded in 2016 by Dominik Schiener, David Sonstebo, Per Lind, Alexandre Halm and Barclay Knapp. It operates as a Developer of a decentralized infrastructure for building and securing digital applications. IOTA has raised an undisclosed amount in funding. The company has 294 active competitors, including 46 funded and 13 that have exited. Its top competitors include companies like Ripple, IoTeX and BitPay.

Company Details

Developer of a decentralized infrastructure for building and securing digital applications. It provides tools for creating verifiable on-chain records and representing real-world assets. The infrastructure supports secure digital interactions and the delegation of trust in digital ecosystems. It offers resources, support, and funding to help innovators bring their visions to life.
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Email ID
*****@iota.org
Key Metrics
Founded Year
2016
Location
Berlin, Germany
Stage
Seed
Ranked
Employee Count
130 as on Aug 31, 2026
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IOTA's funding and investors

IOTA has raised funding over 9 rounds. Its first funding round was on Dec 19, 2017. Its latest funding round was a Grant (prize money) round on Dec 20, 2021 for $*****. 1 investor participated in its latest round. IOTA has 13 institutional investors.

Here is the list of recent funding rounds of IOTA:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 20, 2021
6438295
Grant (prize money)
9921205
3292001
9183051
9306278
Jul 19, 2021
4417196
Grant (prize money)
8331125
4935698
5833115
Jan 09, 2021
4560055
Grant (prize money)
5814379
3570823
4660837
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IOTA's founders and board of directors

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

IOTA's employee count trend

IOTA has 130 employees as of Aug 26. Here is IOTA's employee count trend over the years:
Employee count trend for IOTA
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IOTA's Competitors and alternates

Top competitors of IOTA include Ripple, IoTeX and BitPay. Here is the list of Top 10 competitors of IOTA, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ripple
Ripple
2012, San Francisco (United States), Series D
Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody
$853M
80/100
2nd
Logo for IoTeX
IoTeX
2017, Tortola (United Kingdom), Series A
Developer of blockchain infrastructure for real world artificial intelligence
$50M
77/100
3rd
Logo for BitPay
BitPay
2011, Atlanta (United States), Series B
App-based crypto payment management solutions for individuals and businesses
$103M
77/100
4th
Logo for IOTA
IOTA
2016, Berlin (Germany), Seed
Developer of a decentralized infrastructure for building and securing digital applications
-
70/100
5th
Logo for Zebec
Zebec
2021, San Francisco (United States), Series A
Platform for payments and financial transactions for cryptocurrency
$29.5M
64/100
6th
Logo for Fnality
Fnality
2019, London (United Kingdom), Series C
Operator of decentralized payment systems for wholesale financial transactions
$136M
63/100
7th
Logo for StraitsX
StraitsX
2020, Singapore (Singapore), Series A
API-based digital asset payment solution for individuals and businesses
$10M
63/100
8th
Logo for TransFi
TransFi
2022, Tampa (United States), Series A
Web3 payment platform designed for the purchase of digital assets
$16.6M
61/100
9th
Logo for Peaq
Peaq
2017, Berlin (Germany), Series A
Developer of a layer-1 blockchain for machine and device economies
$24.9M
61/100
10th
Logo for Coinify
Coinify
2014, Copenhagen (Denmark), Acquired
Crypto-based payment solution for consumers and businesses
$18.3M
57/100
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IOTA's Investments and acquisitions

IOTA has made no investments or acquisitions yet.

Reports related to IOTA

Here is the latest report on IOTA's sector:

News related to IOTA

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Media has covered IOTA for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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FAQs about IOTA

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