ONOMONDO

ONOMONDO

A global cellular operator that offers wireless network for Internet of Things (IoT) devices. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD6—9m (Dealroom.co estimates Apr 2019.)
Company register number 34728143
Taastrup Capital Region of Denmark (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2016201720182019202020212022
EBITDA(<1m)-<1m(<1m)(<1m)(1.2m)(3.3m)
Profit<1m<1m<1m(<1m)(<1m)(1.0m)(3.6m)
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DateInvestorsAmountRound
-

N/A

-
N/A

$1.5m

Seed
N/A

$40.0k

Seed

€50.0k

Grant

$1.0m

Seed

N/A

Seed
N/A

$3.5m

Growth Equity non VC

N/A

Series A
*

$21.0m

Growth Equity VC
Total FundingAUD36.5m

Recent News about ONOMONDO

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More about ONOMONDOinfo icon
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Onomondo is a cutting-edge startup specializing in IoT (Internet of Things) connectivity solutions. The company operates in the technology and telecommunications market, focusing on providing seamless and secure connectivity for IoT devices. Onomondo's primary clients include businesses and organizations that deploy and manage IoT devices, such as smart meters, smart city infrastructure, and various industrial applications.

The core of Onomondo's business is its IoT Connectivity Stack, which helps clients develop, deploy, and operate their IoT devices efficiently. This stack includes a range of tools and services that ensure reliable and secure data transmission between IoT devices and their respective management systems. Onomondo's solutions are designed to be compliant with industry standards, such as GSMA's eSIM (embedded SIM) specifications, which enhance the flexibility and security of IoT deployments.

Onomondo's business model revolves around providing connectivity services through a subscription-based model. Clients pay for access to Onomondo's API (Application Programming Interface), which allows them to integrate Onomondo's connectivity solutions into their own systems. The API uses standard HTTP (Hypertext Transfer Protocol) methods and returns data in JSON (JavaScript Object Notation) format, ensuring compatibility with a wide range of applications. To maintain data privacy and security, all communications with the API are encrypted, and clients must use an API key for authorization.

Revenue is generated through subscription fees, which are based on the number of devices connected and the volume of data transmitted. This model provides a steady stream of recurring revenue, as clients continue to rely on Onomondo's services to manage their IoT devices.

In summary, Onomondo is a key player in the IoT connectivity market, offering secure and reliable solutions for businesses deploying IoT devices. Its subscription-based model ensures a consistent revenue stream, while its compliance with industry standards positions it as a trusted partner for IoT deployments.

Keywords: IoT, connectivity, smart meters, smart cities, API, eSIM, subscription, data security, telecommunications, technology.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.