Connit
Pioneer of autonomous iot solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | €3.1m | Early VC | |
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 206 % | (32 %) |
| EBITDA | 0000 | 0000 | 0000 |
| % EBITDA margin | 4 % | (25 %) | (193 %) |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | 12 % | (27 %) | (189 %) |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Connit, established in 2012 by co-founders Yann Gabay, Pascal Corbillon, and Erwann Mivielle, operates as a specialized integrator of Internet of Things (IoT) solutions. The company, based in Labège, France, was later acquired by Ubigreen. From its inception, Connit has focused on providing comprehensive systems for the management of buildings and infrastructure within the smart city and Industry 4.0 sectors.
The firm's core business revolves around a proprietary platform developed for the end-to-end management of IoT applications. This platform facilitates the storage and analysis of sensor data, enables the management of connected devices, and allows for the creation of intuitive data visualization dashboards through its Connit.io interface. The technological backbone of their service is the secure Microsoft Azure cloud, ensuring reliable data transmission and processing. Connit's revenue is generated by delivering these complete solutions, which encompass everything from hardware design and production to data restitution and analysis for their clients.
Connit designs and develops a range of wireless, connected objects tailored for various environments. These products are engineered to be robust and adaptable to diverse installation requirements and are all designed, configured, and individually tested in their French workshop. The company's hardware leverages low-power, long-range communication protocols such as SigFox and LoRa to ensure connectivity. Specific product examples include the 'Blue Pulse Outdoor' for water metering, which transfers water index data via the Sigfox network, and other devices for monitoring parameters like electricity consumption and dry contact status.
Keywords: IoT solutions integrator, smart building management, smart city technology, Industry 4.0, IoT data platform, device management, data visualization, wireless connected objects, SigFox protocol, LoRa protocol, water supply management, Microsoft Azure cloud, Connit.io, Yann Gabay, Pascal Corbillon, Erwann Mivielle, Ubigreen, IoT hardware, sensor data analysis, asset tracking, energy monitoring, facility management