Monnit - About the company
Monnit is a funded company based in Salt Lake City (United States), founded in 2010 by Brad Walters. It operates as an IoT remote monitoring solutions with wireless sensors, gateways, and software. The company has 571 active competitors, including 64 funded and 44 that have exited. Its top competitors include companies like Aqara, UnaBiz and Kontakt.
Company Details
IoT remote monitoring solutions with wireless sensors, gateways, and software. The company provides comprehensive IoT solutions, including sensors, gateways, software, and accessories for remote monitoring. They offer product customization, new product development, training, and installation services. Their solutions cater to various industries and use cases, providing actionable data for businesses. They offer a broad line of wireless sensors, including environmental, power, and motion sensors. The company's platform enables users to own their data and choose their preferred software for data management. They are dedicated to innovation, customer satisfaction, and social advancement, offering solutions for remote monitoring, data collection, and device management. The company is focused on providing disruptive data for innovation, helping businesses connect to IoT advancements for actionable insights.
- Website
- monnit.com
- Email ID
- *****@monnit.com
Key Metrics
Founded Year
2010
Location
Salt Lake City, United States
Stage
Funding Raised
Investors
Ranked
25th among 571 active competitors
Employee Count
51 as on Jul 31, 2026
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Monnit's funding and investors
Monnit is a funded company. Monnit has 3 institutional investors.
View details of Monnit's funding rounds and investors
Monnit's founders and board of directors
Founder? Claim ProfileThe founders of Monnit is Brad Walters.
Here are the details of Monnit's key team members:
- Brad Walters: Founder & CEO of Monnit and founder of 1 other company.
View details of Monnit's Founder profiles and Board Members
Monnit's employee count trend
Monnit has 51 employees as of Jul 26. Here is Monnit's employee count trend over the years:
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Monnit's Competitors and alternates
Top competitors of Monnit include Aqara, UnaBiz and Kontakt. Here is the list of Top 10 competitors of Monnit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aqara 2009, New York City (United States), Series B | Manufacturer of smart devices and automation solutions for residential properties | $156M | 72/100 | |
2nd | Provider of IoT solutions for utilities, asset, and facilities management | $85M | 66/100 | ||
3rd | Provider of real-time location services platform for healthcare operational predictability | $55.8M | 65/100 | ||
4th | Echelon 1988, Santa Clara (United States), Acquired | Provides an open-standard embedded platform for IoT Applications | $16M | 64/100 | |
5th | Developer of perception solutions, LiDAR sensors, and robotic hand-eye coordination | $45M | 64/100 | ||
6th | Controlant 2007, Reykjavik (Iceland), Series C | Provider of real-time visibility platform and monitoring services for pharmaceuticals | $92.5M | 63/100 | |
7th | Provider of construction risk mitigation platform integrating IoT and data analytics | $20M | 63/100 | ||
8th | Wind River 1981, Alameda (United States), Acquired | Provider of software for mission-critical intelligent systems across various industries | - | 62/100 | |
9th | Fixposition 2017, Schlieren (Switzerland), Seed | Provider of positioning services for multiple applications | $9.35M | 59/100 | |
10th | Balena 2013, London (United Kingdom), Series C | Developer of an ecosystem to create, deploy, and manage fleets of connected devices | $101M | 58/100 | |
25th | Monnit 2010, Salt Lake City (United States), Funding Raised | IoT remote monitoring solutions with wireless sensors, gateways, and software | - | 46/100 |
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Monnit's Investments and acquisitions
Monnit has made no investments or acquisitions yet.
Reports related to Monnit
Here is the latest report on Monnit's sector:
News related to Monnit
Media has covered Monnit for 1 event in last 1 year, It was about company updates.
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Monnit Launches the ALTA® IoT Gateway with an Advanced Cellular Engine and EthernetBusiness Wire•Jun 02, 2022•Monnit
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Monnit Wins 2022 IoT Evolution Industrial IoT Product of the Year AwardBusiness Wire•Apr 19, 2022•Monnit
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Monnit Launches Intrinsically Safe IECEx-Certified Wireless Sensors for Industrial OperationsBusiness Wire•Mar 17, 2022•Monnit
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New ALTA by Monnit PAR Light Meter Launches to Boost Smart Agriculture OperationsBusiness Wire•Aug 03, 2021•Monnit
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Monnit’s Wireless Internet of Things Food Probe Ditches the ClipboardBusiness Wire•Jun 24, 2020•Monnit
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