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High Tech Series A Founded 2017

Monogoto

Monogoto provides a cloud-based platform to securely connect and manage IoT and mobile devices through cellular connectivity. The platform features network management, a mobile core, and white-label iOS and Android applications, using programmable RESTful APIs to scale with existing apps and services. Founded in 2017 and headquartered in Tel Aviv, Israel, Monogoto has raised approximately $38M in Series A funding…

📍 Tel Aviv, Israel · Internet of Things Infrastructure

Funding snapshot

Last roundSeries A
Amount$27M
Date15 October 2024
Total raised$38M
Team size47

About

Monogoto provides a cloud-based platform to securely connect and manage IoT and mobile devices through cellular connectivity. The platform features network management, a mobile core, and white-label iOS and Android applications, using programmable RESTful APIs to scale with existing apps and services. Founded in 2017 and headquartered in Tel Aviv, Israel, Monogoto has raised approximately $38M in Series A funding from investors including Team8, Singtel Innov8, Toyota Ventures, Telefonica, Samsung NEXT, Magenta Venture Partners, Triventures, and 5G Open Innovation Lab. The company offers a global cellular connectivity solution that eliminates the need for traditional telecom carrier relationships, enabling enterprises to provision and manage IoT device connectivity programmatically across multiple countries and networks through a single API-driven platform.

Business model

Internet of Things Infrastructure > IoT Connectivity > Cellular

Institutional investors

Team8 Singtel Innov8 Alter Venture Partners Planven Entrepreneur Ventures Triventures Toyota Ventures Telefonica Samsung NEXT Magenta Venture Partners J-Ventures Assembly Ventures Kickstart Ventures Singtel Innov8 Connect rayzone-vc.com 5G Open Innovation Lab

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