Momentum IoT

Momentum IoT

Developer of kickass telematics products for tracking small to midsize fleets. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD19—29m (Dealroom.co estimates Sep 2018.)
Long Beach California (HQ)
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DateInvestorsAmountRound

$3.1m

Seed
Total FundingAUD4.8m

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Momentum IoT specializes in providing automated financial and operational insights to field service businesses through advanced GPS technology. The company serves a diverse range of service-oriented clients, including those in construction, maintenance, and logistics. Operating in the asset tracking and job costing market, Momentum IoT offers real-time tracking of valuable assets, accurate job costing, and profitability reporting. The business model revolves around a subscription-based service, where clients pay for access to the software and GPS devices that enable these insights. Revenue is generated through these subscriptions and additional services such as data analytics and reporting tools. Momentum IoT's core offerings help businesses maximize efficiency, ensure accurate job costing, and make data-driven decisions to enhance profitability.

Keywords: GPS technology, asset tracking, job costing, profitability reporting, field service, financial control, operational insights, subscription-based, data analytics, service businesses.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.