![]() IOTech IOTech is a company that builds and deploys open and secure software edge platforms for the Industrial Internet of Things (IIoT) enabling drive IoT innovation, global market adoption, velocity, and scale. | |||
Founding Date | Founding Date 1997 | Founding Date 1992 | Founding Date 2017 |
Type | Type Public | Type Public | Type Private |
Tags | |||
Locations | Locations Lund, SE HQ Gwangmyeong Si, KR Potsdam, US | Locations Kölleda, DE HQ Wien, AT Berlin, DE Bremen, DE Hamburg, DE Karlsfeld, DE Karlstein Am Main, DE see more | Locations Newcastle upon Tyne, GB HQ Edinburgh, GB Wilmington, US |
Employees | Employees 35 | Employees 759 | Employees 487% increase |
Valuation ($) | Valuation ($) 25.7 m | Valuation ($) 175.8 m | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) kr77.8m (FY, 2025) | Revenue (est.) €178.4m (FY, 2024) | Revenue (est.) N/A |
Cost of goods | Cost of goods kr990k (FY, 2025) | Cost of goods €64.1m (FY, 2024) | Cost of goods N/A |
Gross profit | Gross profit kr76.8m (FY, 2025) | Gross profit €116.4m (FY, 2024) | Gross profit N/A |
Net income | Net income (kr19.9m) (FY, 2025) | Net income €15.3m (FY, 2024) | Net income N/A |
Funkwerk is a technology group specializing in mobility and digital infrastructure.
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IOTech is a company that builds and deploys open and secure software edge platforms for the Industrial Internet of Things (IIoT) enabling drive IoT innovation, global market adoption, velocity, and scale.
View company