Monogoto offers a software-defined connectivity platform that centralizes management of cellular, private LTE/5G and satellite connections for devices and fleets. The platform spans 180 countries and 550 networks and supports both SIM-based and software connectivity solutions. Customers include businesses in asset tracking, smart metering, fleet management and telematics, point-of-sale, retail, healthcare, and micromobility. The company was co-founded by CEO Itamar Kunik and CTO Maor Efrati; Kunik previously worked on telecom infrastructure projects with Israel’s 8200 unit. Monogoto is positioned as a developer-friendly API-style alternative for provisioning connectivity at scale. Financially, the company disclosed a $27M Series A and has raised $38M in total to date; valuation was not disclosed. Monogoto offers a global, cloud-based cellular connectivity platform and APIs that enable enterprises and developers to design, build, manage, control and scale IoT and M2M applications. Its platform connects and controls cellular-based sensors and devices across use cases such as point-of-sale terminals, ATMs, wearables, smart lighting, fleets and package tracking. The company serves more than 100 customers worldwide, including Sodaq, Connected You, Origin GPS and Tvilight. Monogoto intends to use new funding to expand its U.S. presence with a San Francisco office, grow product sales, and boost brand awareness and market penetration. It also plans to enrich B2D assets with additional APIs, documentation and developer tools, extend its global points of presence, and expedite and strengthen its network’s 5G infrastructure. The company is led by CEO Itamar Kunik.

Total raised

$38M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2024