Losant - About the company
Losant is an acquired company based in Cincinnati (United States), founded in 2015 by Charlie Key. It operates as a Provides a cloud-based platform for IOT application development. Losant has raised $25.2M in funding from CincyTech. The company has 238 active competitors, including 28 funded and 14 that have exited. Its top competitors include companies like PubNub, ClearBlade and Idein.
Company Details
Provides a cloud-based platform for IOT application development. It provides device-based connectivity through its available tools and libraries using open industry standards like MQTT and REST and supports a variety of hardware. Its platform comes with a dashboard to create an application, connect a device, and create a workflow. The functionality provided by it includes device management, real-time data collection and visualization, and reactions.
- Website
- www.losant.com/
- Email ID
- *****@losant.com
- Registered Address
- Cincinnati, Ohio
Key Metrics
Founded Year
2015
Location
Cincinnati, United States
Stage
Acquired
Total Funding
$25.2M in 7 rounds
Latest Funding Round
Ranked
1st among 238 active competitors
Employee Count
6 as on Aug 31, 2026
Exit Details
Acquired by Suse (Feb 19, 2026)
Legal entities associated with Losant
Losant is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
LOSANT IOT INC CIN: 475527434 , United States, Active | - | 15 (As on Dec 31, 2024) | - |
Losant's acquisition details
Losant got acquired by Suse on Feb 19, 2026.
Click here to take a look at Losant's acquisition in detail
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Losant's funding and investors
Losant has raised a total funding of $25.2M over 7 rounds. Its first funding round was on Aug 24, 2016. Losant has 5 institutional investors.
Here is the list of recent funding rounds of Losant:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 11, 2023 | 6770176 | Series B | 2918685 | 8197864 | 4574623 | 6512073 |
Jun 16, 2020 | 4517203 | Conventional Debt | 5227883 | 4500619 | 4981356 | 1249283 |
Nov 02, 2018 | 7062423 | Series A | 5748167 | 2063785 | 9251469 | 6982811 |
View details of Losant's funding rounds and investors
Losant's founders and board of directors
Founder? Claim ProfileThe founders of Losant is Charlie Key.
Here are the details of Losant's key team members:
- Charlie Key: Co-Founder & CEO of Losant and founder of 3 other companies, Xervo, Modulus and Modulus.
View details of Losant's Founder profiles and Board Members
Losant's employee count trend
Losant has 6 employees as of Aug 26. Here is Losant's employee count trend over the years:
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Losant's Competitors and alternates
Top competitors of Losant include PubNub, ClearBlade and Idein. Here is the list of Top 10 competitors of Losant, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Losant 2015, Cincinnati (United States), Acquired | Provides a cloud-based platform for IOT application development | $25.2M | 66/100 | |
2nd | PubNub 2010, San Francisco (United States), Series E | Provider of infrastructure and APIs for real-time interactive application development | $135M | 64/100 | |
3rd | ClearBlade 2007, Austin (United States), Series A | Provider of cloud-based edge computing platform | $12.8M | 54/100 | |
4th | Provider of edge-computing platform service to enterprises | $23.6M | 54/100 | ||
5th | System Surveyor 2015, Austin (United States), Seed | Provider of system design platform with IoT | - | 52/100 | |
6th | Provider of an IDE platform for IoT development | $3.35M | 51/100 | ||
7th | Provider of a cloud-based digital twin platform for IoT product lifecycle management | $40.5M | 51/100 | ||
8th | Provides platform and backend as a service for IOT Applications | $7.5M | 48/100 | ||
9th | ThingWorx 2009, Boston (United States), Acquired | Platform to build and run applications for connected devices | $18.4M | 45/100 | |
10th | XMPro 2009, Dallas (United States), Unfunded | AI-powered platform for intelligent industrial operations, enabling autonomous decision-making | - | - | 41/100 |
Looking for more details on Losant's competitors? Click here to see the top ones
Losant's Investments and acquisitions
Losant has made no investments or acquisitions yet.
Reports related to Losant
Here is the latest report on Losant's sector:
News related to Losant
Media has covered Losant for a total of 2 events in the last 1 year.
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Losant and Atsign Partner to Offer Secure, Comprehensive IoT SolutionGlobeNewswire•Apr 12, 2023•Losant, Atsign
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Losant Recognized for Enterprise IoT Innovation with 2020 IoT Breakthrough AwardPRWeb•Jan 03, 2020•Losant
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Enterprise IoT Platform Losant Closes $5.2 Million in Series A FinancingBusiness Wire•Feb 14, 2018•Losant, CincyTech, TechNexus, Vine Street Ventures and 1 other
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Techstars selects the first class of its New York-based IoT acceleratorTechCrunch+•Sep 28, 2016•Techstars, Mosaic Manufacturing, TEQ Charging, Losant and 6 others
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