Relayr

relayr is a rapidly-growing IoT company providing enterprise middleware and IoT solutions for the digital transformation of industries. As a thought leader in enterprise IoT, relayr enables interoperability through industrial-grade platforms.

relayr's software enables comprehensive data analytics and management, empowering businesses to create new solutions and revenue streams with data collected from any device, through any connectivity, throughout any IT ecosystem.

Relayr was founded in Apr 2013 and is based in Berlin, Germany. The company has it's US headquarter in Boston, Massachusetts and Europe headquarter in Berlin, Germany.

 

With relayr, any industry is empowered to implement fully interoperable IoT solutions guaranteed to achieve their target business outcomes.

relayr enables industrial companies to shift from CAPEX to OPEX-based offerings to their respective markets, providing an unique combination of first class IIoT technology and it’s delivery with powerful financial and insurance offerings — all from a single source trusted by hundreds of companies worldwide.

Relayr was acquired by Munich Reinsurance on Sep 4, 2018 for a whooping $300M.

 

 

  • Year founded: 2013
  • Funding Info: $66.8M in 7 funding rounds (Last funding type: Series C)- Relayr has also acquired Proximetry & Neokami Inc. to date!
  • Yearly Revenue: $20M-$30M (2018)
  • Employee Size: 51-200
  • Business Valuation: Acquired for $300M in Sep 4, 2018
  • City/Town: Berlin
  • State: Berlin
  • Country: Germany
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