Waygum
insurtech . iot-preventive insurance/telematics
FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 01/05/2020
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About
Waygum.io is at the intersection of mobile and Industrial IoT.Waygum.io maximizes manufacturing uptime, by using intelligent mobile workflows and mobile remote monitoring, delivered through its ready made industrial mobile apps and cloud backend.
MEDICI Analysis
Waygum is a mobile app platform that delivers the last mile mobile layer for industrial IoT. The platform consists of ‘Visual Mobile App Dev’, ‘Mobile Backend as a Service’ and ‘Machine to Mobile Connectors'.
Focus
PRODUCTS & SERVICES
Mobile apps using Internet of Things technology.
REVENUE MODEL
The company earns revenue by offers its product in a SaaS-based model with a monthly subscription between $5k - $10K.
MAIN CLIENTS
The company has customers in iron & steel
glass
chemicals manufacturing
oil & gas
water treatment
and discrete industries.
Traction
VALUATION / MARKET CAP:
$13.33 M in 2015
People
BOARD MEMBERS AND ADVISORS
Ravi Belani
Alexei Agratchev
Lawrence Chu
Robert Locke
NUMBER OF EMPLOYEES
1-10
INVESTORS:
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
2
TOTAL FUNDING
$2.17 M
DATE OF LAST FUNDING
Mar 2015
SEED & PRIOR FUNDING
$172.05 K
SEED CLOSED ON
Oct 2014
FUNDING SERIES
SERIES A · $2 M · Mar 2015
LISTED
NO
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