When was IoTerop founded?

IoTerop was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is IoTerop located?

IoTerop is headquartered in Montpellier, France.

Who is the current CEO of IoTerop?

Hatem Oueslati of IoTerop. They have also founded 1 company.

How many employees does IoTerop have?

As of May 31, 2026, the latest employee count at IoTerop is 427.

Is IoTerop a funded company?

IoTerop is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 31, 2019.

When was the latest funding round of IoTerop?

IoTerop's latest funding was a $***** Seed round on Oct 31, 2019, with participation from 2 investors.

Where does IoTerop rank among its competitors?

IoTerop ranks 28th amongst 206 active competitors, of which 29 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Altair, which secured $50M in Apr, 2026.

Who are the top competitors of IoTerop?

IoTerop's top competitors include Altair, Soracom and Eseye. Among them, Altair secured the most recent funding round in April, 2026.

IoTerop - 2026 Company Profile, Team, Funding & Competitors

Company Details

IOTEROP provides M2M IoT communication solutions. Offers IOWA which is a lightweight M2M stack that enables IoT solutions to be deployed and supports installation into embedded devices, gateways & server infrastructures. Also offers SensorHub which is a software and hardware-based device solution and is claimed to be designed for industrial customers to release secure, interoperable and remotely manageable connected objects.

Website: ioterop.com
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Key Metrics

Founded Year

2016

Location

Montpellier, France

Stage

Seed

Total Funding

$1.67M in 1 round

Latest Funding Round

Seed, Oct 31, 2019, $*****

Investors

IRDI Capital Investissement & 3 more

Ranked

28^th among 206 active competitors

Employee Count

427 as on May 31, 2026

Similar Companies

Altair & 238 more

View IoTerop's full profile

IoTerop has raised a total funding of $1.67M over 1 round. Its latest funding round was a Seed round on Oct 31, 2019 for $*****. 2 investors participated in its latest round. IoTerop has 4 institutional investors.

Here is the list of recent funding rounds of IoTerop:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 31, 2019	7541607	Seed	5540707	9625594	8811717	3427586

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View details of IoTerop's funding rounds and investors

The founders of IoTerop are Hatem Oueslati, Jacques Bourhis and David Navarro. Hatem Oueslati is the CEO of IoTerop.

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

Hatem Oueslati: Co-Founder & CEO of IoTerop.
Jacques Bourhis: Co-Founder & CTO of IoTerop.
David Navarro: Co-Founder of IoTerop.

View details of IoTerop's Founder profiles and Board Members

IoTerop's employee count trend

IoTerop has 427 employees as of May 26. Here is IoTerop's employee count trend over the years:

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Top competitors of IoTerop include Altair, Soracom and Eseye. Here is the list of Top 10 competitors of IoTerop, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Altair 2005, Hod Hasharon (Israel), Acquired	Developer of LTE chipsets	$124M	JVP, BRM & 13 others	70/100
2nd	Soracom 2014, Tokyo (Japan), Public	Provider of IoT connectivity solutions and platform services for device management	$11.4M	World Innovation Lab, Pavilion Capital Partners ... & 9 others	69/100
3rd	Eseye 2007, Guildford (United Kingdom), Series C	IoT connectivity solutions for businesses	$81.8M	Eikon Capital, Sandleton & 31 others	67/100
4th	Syniverse 1987, Tampa (United States), Acquired	Provider of connectivity, mobility, and messaging solutions for various industries	-	Twilio, Qualcomm Ventures	67/100
5th	1NCE 2017, Cologne (Germany), Series D	Provider of IoT connectivity, software, and SIM card solutions	$160M	SoftBank Group, I Squared & 13 others	63/100
6th	GCT Semiconductor 1998, San Jose (United States), Public	Developer of chips and modules for 4G LTE and 5G	$351M	Samsung Venture Investment, BoKwang & 24 others	62/100
7th	Teal Communications 2018, Bellevue (United States), Series A	Provider of network orchestration service and eSIM for IoT connectivity	$27.1M	StageDotO, Stormbreaker Ventures & 5 others	60/100
8th	Truphone 2006, London (United Kingdom), Series C	Provider of international mobile services	$696M	Wellington Partners Venture Capital, orchidsubtrust.com ... & 39 others	60/100
9th	Airlinq 2010, San Ramon (United States), Series B	IoT and SaaS-based provider of application development solutions for connected ecosystems	$23.2M	DTCP, Verizon & 6 others	60/100
10th	Italtel 1921, Milan (Italy), Acquired	Provider of network evolution, cyber security, and digital communication solutions	-	Advent International, Brera Capital Partners ... & 1 others	58/100
28th	IoTerop 2016, Montpellier (France), Seed	Provider of M2M IoT communication solutions	$1.67M	Breega, IRDI Capital Investissement & 2 others	41/100