Mnubo provides SmartObjects™ IoT Analytics and Data Science, a SaaS platform that transforms connected equipment data into actionable business outcomes. Its platform offers out-of-the-box IoT insights and advanced IoT data science for manufacturers and service providers across consumer, commercial, and industrial verticals. Mnubo's global customer base includes top-tier brands such as Johnson Controls - Hitachi. Founded in 2012 and headquartered in Montreal, the company has built a team of IoT data experts to support data monetization strategies. The company aims to accelerate international growth and shift customers from a connectivity-driven to a data-driven business model. Its strategy includes commercial partnerships—most notably with HSB/Munich Re—to develop financial products that enable risk management and ROI-enablement for Mnubo’s customers. mnubo provides a SaaS SmartObjects analytics service that ingests, organizes, cleans and enriches sensor data to deliver advanced real-time analytics, strategic insights and predictions. The platform is offered to connected-object manufacturers and other IoT players across wearables, home, automotive and industrial markets. Over the past year mnubo reported a greater than 400% increase in the number of connected objects on its platform and now counts customers across North America, Europe and Asia. The company plans to use new funding to expand its global commercial team, enhance the user experience, and accelerate its data science and machine-learning initiatives. mnubo said it will hire more talent in Montreal and abroad to fuel product development and commercialization. The company is headquartered in Montreal.

Total raised

$23M

Funding rounds

2

Latest round

Series B

Latest activity

Jan 2018