Hologram is a Chicago-based cellular connectivity platform for IoT devices that lets companies manage fleets of devices globally. Co-founded in 2014 by Ben Forgan and Pat Wilbur, the platform provides SIMs that automatically switch to the best coverage across more than 470 carriers in 200 countries. Hologram serves thousands of businesses across six continents and currently employs 70+ people. The company plans to more than triple headcount to 225+ and to further develop its proprietary connectivity management technology. Hologram is targeting growth across use cases including fleet & asset management and sensors. Financially, it raised $65M in a Series B (bringing total equity raised to $80M) and allocated $5M of the round to angel investors focused on underrepresented groups. Hologram offers a purpose-built cellular platform for IoT that combines a global cellular network, fully certified hardware (the Dash development kit), and a cloud platform for device messaging and management. The company runs its own cellular network and exposes a secure, scalable API that simplifies getting device data from the field to the internet. Hologram provides management tools for device visibility and over-the-air updates, with enterprise-grade security and transparent pricing. It aims to reduce the engineering time and cost of prototyping and deploying cellular products so teams can focus on core products. The company reports more than 50,000 existing connections globally and customers including Kelloggs, Metromile, and Placemeter. Hologram is based in Chicago and positions itself as the simplest, most developer-friendly platform for building cellular-connected devices.

Total raised

$70M

Funding rounds

2

Latest round

Series B

Latest activity

Aug 2021