When was Netmore Group founded?

Netmore Group was founded in 2010.

Where is Netmore Group located?

Netmore Group is headquartered in Stockholm, Sweden. It is registered at 10 WELLINGTON STREET,CAMBRIDGE,ENGLAND,CB1 1HW.

How many employees does Netmore Group have?

As of Aug 31, 2026, the latest employee count at Netmore Group is 167.

Where does Netmore Group rank among its competitors?

Netmore Group ranks 4th amongst 73 active competitors, of which 7 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Hivello Holdings, which secured $1M in Dec, 2023.

Who are the top competitors of Netmore Group?

Netmore Group's top competitors include Senet, eleven-x and The Things Industries. Among them, Hivello Holdings secured the most recent funding round in December, 2023.

Netmore Group - 2026 Company Profile, Team, Funding, Competitors & Financials

Netmore Group is a funded company based in Stockholm (Sweden), founded in 2010. It operates as an Operator of a global IoT network providing LoRaWAN connectivity infrastructure. The company has 73 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Senet, eleven-x and The Things Industries.

Company Details

Operator of a global IoT network providing LoRaWAN connectivity infrastructure. This network infrastructure supports the digital transformation of utilities, property management, and industrial tracking applications. The connectivity platform enables remote monitoring and resource management for water, energy, gas, and electricity sectors. By providing a scalable backbone for connected devices, the organization facilitates precision data transmission to improve operational efficiency and sustainability across diverse business environments. The infrastructure is designed to accommodate large-scale deployments for municipalities and private enterprises.

Website: netmoregroup.com
Social
Email ID: *****@netmoregroup.com
Phone Number: +46 **********
Registered Address: 10 WELLINGTON STREET,CAMBRIDGE,ENGLAND,CB1 1HW

Key Metrics

Founded Year

2010

Location

Stockholm, Sweden

Stage

Funding Raised

Investors

Neptunia Invest & 2 more

Ranked

4^th among 73 active competitors

Employee Count

167 as on Aug 31, 2026

Investment & Acquisitions

Actility & 6 more

Similar Companies

Senet & 89 more

View Netmore Group's full profile

Netmore Group is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ECN POLAND PROSTA SPÓŁKA AKCYJNA CIN: 0001073522 , Poland, Active	Dec 06, 2023	-	-
NETMORE IOT SOLUTIONS LTD CIN: 12211023 , United Kingdom, Active	Sep 16, 2019	-	14 (As on Dec 31, 2024)

Netmore Group is a funded company. Netmore Group has 3 institutional investors.

View details of Netmore Group's funding rounds and investors

Netmore Group's employee count trend

Netmore Group has 167 employees as of Aug 26. Here is Netmore Group's employee count trend over the years:

Uncover Netmore Group's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Netmore Group include Senet, eleven-x and The Things Industries. Here is the list of Top 10 competitors of Netmore Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Senet 2009, Portsmouth (United States), Acquired	Provider of LoRa-based connectivity solutions for IoT applications	$61.9M	Activate Venture Partners, City Light Capital ... & 2 others	51/100
2nd	eleven-x 2014, Waterloo (Canada), Seed	Wireless connectivity solutions for IOT	$530K	Credit Mutuel Equity, Accelerator Centre & 2 others	49/100
3rd	The Things Industries 2016, Amsterdam (Netherlands), Funding Raised	Provider of LoRaWAN network server software and related support services	-	Europa	47/100
4th	Netmore Group 2010, Stockholm (Sweden), Funding Raised	Operator of a global IoT network providing LoRaWAN connectivity infrastructure	-	Neptunia Invest, Stronghold & 1 others	45/100
5th	MeshCore New Zealand, Unfunded	Developer of firmware and software for off-grid radio messaging networks	-	-	38/100
6th	OrbiWise 2014, Plan les Ouates (Switzerland), Series A	Provides communication technology solutions for IoT application connectivity	-	Verve Ventures, Fongit & 5 others	36/100
7th	Hivello Holdings 2022, United Kingdom, Seed	Developer of LoRaWAN	$1M	MEXC Global, Blockchain Founders Fund & 4 others	34/100
8th	Internext Engineering Solution 2016, Hyderabad (India), Unfunded	Provider of LoRa-based connectivity solutions for IoT applications	-	-	34/100
9th	ClodPi 2017, Bengaluru (India), Unfunded	Provider of LoRaWAN and NB-IoT based solutions	-	-	33/100
10th	Skysens 2016, Istanbul (Turkey), Seed	Developer of AI and cloud-based RF platforms for industrial monitoring	$802K	ACT, Re-Pie	33/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Netmore Group's competitors? Click here to see the top ones

Netmore Group has not made any investments yet. Netmore Group has made 7 acquisitions.

Here is the list of latest three $acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 26, 2026	Acquisition	Actility	2010	Paris (France)
Sep 23, 2025	Acquisition	ArsonMetering	2015	Getxo (Spain)
Oct 30, 2024	Acquisition	Everynet	2014	London (United Kingdom)