Relayr

Acquired

Industrial IoT for enterprise digital transformation

Berlin, Germany · Founded 2013 · $55.0M raised

Headquarters
Berlin
Employees
201–500
Founded
2013
Business Model
B2B
Website
relayr.io
Total Funding
$55.0M
Last Round
$30.0M Series CFeb 2018
Rounds
3
Acquisition Date
Sep 2018

About

Founded in 2013 in Berlin, Relayr provides an enterprise-grade IoT middleware platform that enables companies to digitally transform their industrial operations. The platform aggregates data from industrial devices and sensors, delivering real-time visibility, analytics, and predictive insights. Relayr combines IoT consulting and software with financial assurance capabilities, helping manufacturers optimize performance and reduce downtime. In 2018, Relayr was acquired by HSB (Hartford Steam Boiler), a subsidiary of Munich Re, to offer a unique combination of IoT software and warranty protection.

Summary

Relayr is a Cloud company based in Berlin, Germany, founded in 2013. It has raised $55.0M in total across 3 rounds, most recently a $30.0M Series C round in Feb 2018. Investors include Kleiner Perkins, Munich Re Ventures and Munich Venture Partners.

Tech & App Stack

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Funding History

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AcquisitionAcquisition by Munich ReSep 2018

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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.

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