When was Sigfox founded?

Sigfox was founded in 2009 and raised its 1st funding round 1 year after it was founded.

Where is Sigfox located?

Sigfox is headquartered in Toulouse, France.

Who is the current CEO of Sigfox?

Ludovic Le Moan and Ludovic Le Moan s of Sigfox. Ludovic Le Moan has also founded 1 company.

How many employees does Sigfox have?

As of Mar 31, 2026, the latest employee count at Sigfox is 61.

Is Sigfox a funded company?

Sigfox is a funded company, having raised a total of $406M across 12 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 2010.

When was the latest funding round of Sigfox?

Sigfox's latest funding was a $***** Grant (prize money) round on Jan 03, 2019, with participation from 1 investor.

Where does Sigfox rank among its competitors?

Sigfox ranks 1st amongst 25 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Thinxtra, which secured $5M in Jun, 2023.

Who are the top competitors of Sigfox?

Sigfox's top competitors include Thinxtra, Engie M2M and iWire Connect. Among them, Thinxtra secured the most recent funding round in June, 2023.

Sigfox - 2026 Company Profile, Team, Funding & Competitors

Sigfox is an acquired company based in Toulouse (France), founded in 2009 by Ludovic Le Moan and Ludovic Le Moan. It operates as an Operator of a low power wide area network for IoT. Sigfox has raised $406M in funding from investors like Elaia, IXO and Partech Partners. The company has 25 active competitors, including 5 funded and 2 that have exited. Its top competitors include companies like Thinxtra, Engie M2M and iWire Connect.

Company Details

Operator of a low power wide area network for IoT. The network is designed for connecting devices securely and in an energy-efficient manner. It provides access to documentation, tools, and a custom dashboard. Standard libraries are available, and custom ones can be requested.

Website: sigfox.com
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Key Metrics

Founded Year

2009

Location

Toulouse, France

Stage

Acquired

Total Funding

$406M in 12 rounds

Latest Funding Round

Grant (prize money), Jan 03, 2019, $*****

Investors

Elaia & 31 more

Ranked

1^st among 25 active competitors

Employee Count

61 as on Mar 31, 2026

Similar Companies

Thinxtra & 28 more

Exit Details

Acquired by UnaBiz (Apr 22, 2022)

View Sigfox's full profile

Sigfox got acquired by UnaBiz on Apr 22, 2022.

Click here to take a look at Sigfox's acquisition in detail

Sigfox has raised a total funding of $406M over 12 rounds. Its first funding round was on Feb 2010. Its latest funding round was a Grant (prize money) round on Jan 03, 2019 for $*****. 1 investor participated in its latest round. Sigfox has 31 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Sigfox:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 03, 2019	3551997	Grant (prize money)	8254139	8267507	6729467	3796415
May 24, 2017	8162402	Series E	2438305	6693214	2714994	7731125
Apr 18, 2017	6036020	Series E	7710352	7470995	Robert Bosch Venture Capital & 3 more	2960203

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View details of Sigfox's funding rounds and investors

The founders of Sigfox are Ludovic Le Moan and Ludovic Le Moan.

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

Ludovic Le Moan: Founder & CEO of Sigfox and founder of 1 other company.
Ludovic Le Moan: CEO & Co-founder of Sigfox.

View details of Sigfox's Founder profiles and Board Members

Sigfox's employee count trend

Sigfox has 61 employees as of Mar 26. Here is Sigfox's employee count trend over the years:

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Top competitors of Sigfox include Thinxtra, Engie M2M and iWire Connect. Here is the list of Top 10 competitors of Sigfox, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sigfox 2009, Toulouse (France), Acquired	Operator of a low power wide area network for IoT	$406M	Elliott Management, SK Telecom & 30 others	59/100
2nd	Thinxtra 2015, Alexandra (Australia), Series C	Provides network solutions for IOT Applications in Australia and New Zealand	$22.5M	Rakon, CEFC & 6 others	56/100
3rd	Engie M2M 2015, Brussels (Belgium), Acquired	Authorized operator of Sigfox	-	-	39/100
4th	iWire Connect 2018, Dubai (United Arab Emirates), Series A	Provider of Sigfox-based IoT connectivity solutions	$47M	Noor Capital, Bpifrance	38/100
5th	Xperanti 2017, Kuala Lumpur (Malaysia), Unfunded	Provider of wireless connectivity solutions for IoT applications	-	-	35/100
6th	Things on Net 2019, Bangkok (Thailand), Series A	Provider of Sigfox networking solution for IoT applications	$5.95M	RATCH	31/100
7th	SqwidNet 2011, Centurion (South Africa), Unfunded	Provider of Sigfox network solution for IoT applications	-	-	30/100
8th	Connected Finland 2015, Espoo (Finland), Funding Raised	Provider of Sigfox powered IoT device data management	-	Avanto Ventures, Grannenfelt Finance & 1 others	30/100
9th	FINOFR 2008, Mclean (United States), Seed	Online lending platform offering consumer loans and deposits	$1.08M	Warren Capital Group	29/100
10th	SigFox Canada 2018, Toronto (Canada), Unfunded	Authorized operator of Sigfox in Canada	-	-	26/100