IoT Venture GmbH
IoT Venture GmbH is a technology company based in Darmstadt, Hessen, specializing in IoT solutions, particularly in GPS tracking for e-bikes and pet supplies. Founded in 2016, the company has grown to a team of 53 and offers comprehensive services that include theft recovery, predictive maintenance, and data analysis.
Company Overview
IoT Venture GmbH is a small business operating in the Technology, Information, and Internet industry. Founded in 2016, the company has grown from a start-up to a scale-up, employing about 70 people across two locations in Darmstadt and Köln, Germany. The company specializes in various aspects of the Internet of Things (IoT), including middleware, LPWAN, NBIoT, hardware, software, and data platforms. IoT Venture GmbH focuses on creating data signatures for high-value assets, offering innovative solutions that have shaped the market.
Products and Services
IoT Venture GmbH offers a range of products and services centered around GPS tracking solutions. Their offerings include a bike recovery service that operates remotely across Europe, a predictive maintenance app for e-bikes named Velomate, and a comprehensive IoT integration package that encompasses hardware, apps, and data intelligence. The company has developed a GPS tracker integrated into the motor area of e-bikes, enhancing theft protection and recovery rates. Additionally, they provide a white-label app for e-bike tracking and user engagement.
Partnerships and Collaborations
IoT Venture GmbH collaborates with various partners to enhance its service offerings. Notable partnerships include LinuZ for connected bike solutions and Laka for efficient e-bike insurance through GPS tracking. The company has also worked with VELO DE VILLE to develop a custom-made solution for e-bike maintenance and service. Furthermore, they partner with Dance to provide GPS tracking for e-bike subscriptions in major cities, showcasing their commitment to innovation in the micromobility sector.
Technological Innovations
The company has developed pioneering applications that utilize LTE-M and NB-IoT standards for global GPS tracking solutions. Their GPS tracking solutions include features such as theft recovery, insurance, and accident assistance services. IoT Venture GmbH has integrated a digital accident assistant into their tracking solutions, which detects falls and alerts emergency contacts. The company has also delivered over 100,000 GPS trackers for customer engagement and loyalty, demonstrating its impact in the market.
Industry Recognition
IoT Venture GmbH has received industry recognition for its contributions to technology and innovation. In 2023, the company won the German Brand Award for brand design. Additionally, they ranked 4th in the Deloitte Technology Fast 50, achieving a remarkable growth rate of 2,571.54%. Their participation in events such as EUROBIKE 2024 highlights their ongoing commitment to showcasing innovations in connected bike technology and smart mobility solutions.