IotaComm
About this raise
IotaComm, with a valuation of $126 million, is raising funds on DealMaker Securities. The company has developed an IoT platform that delivers real-time data insights to commercial buildings and city operators to boost efficiency, cut costs, and enhance sustainability. IotaComm’s Delphi360 platform is powered by a nationwide wireless network and supported by a scarce FCC-licensed spectrum dedicated to the Internet of Things. The company has already partnered with leading brands and grown its sales pipeline with more than $800,000 in potential revenue. Barclay Knapp, Carole Downs, and Terrence DeFranco founded IotaComm in May 1998. The current crowdfunding campaign has a minimum target of $10,011.60 and a maximum target of $4.99 million. The campaign proceeds will be used for technology and product development, sales and marketing, capital expenses, and general working capital.
Investment Overview
Committed : $2,520
Deal Terms
Total Commitments
- Platform
- DealMaker Securities
- Start Date
- 04/14/2025
- Close Date
- 07/31/2025
$10,012
$4,999,991
$972
Equity - Common
Growth Stage
RegCF
$12.00
$126,000,000
Company & Team
Company
- Year Founded
- 1998
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +82% YoY
-
$152,286
as of FY2024
- Monthly Burn
-
$1,069,542
as of FY2024
-
Runway
-
0 months
as of FY2024
- Gross Margin
-
49%
as of FY2024
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $74,970,126
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/31/2025 | DealMaker Securities | $126,000,000 | $2,520 | Equity - Common | Active | RegCF |