IoT Valuation Multiples
Explore private market IoT valuation multiples with benchmarks structured by stage and region. Updated quarterly.
IoT (Internet of Things)
Internet of Things companies build connected devices, sensor networks, and edge computing platforms that bridge the physical and digital worlds. Private market valuations reflect device attach rates, recurring data and connectivity revenue, platform stickiness, and the total addressable market unlocked by industrial and consumer connectivity.
The category spans industrial IoT, smart building platforms, connected consumer devices, asset tracking, and edge AI. DealMatrix tracks valuation dynamics across 7 funding stages and all major global regions, updated every quarter.
Sector
IoT
Software & Data
Sector tracked since
2000
25+ years of data
EV/SALES & EV/EBITDA ACROSS
6 Regions · 7 Stages
Modelled independently via proprietary econometric approach
UPDATE FREQUENCY
Quarterly
Data updates & model improvement
IoT Valuation Multiples
Select a region and funding stage to preview how IoT companies are valued in private markets. Full data available on the platform.
The Venionaire DealMatrix Multiples Model
DealMatrix multiples are derived through a five-step model combining public capital market comparables, proprietary VC/PE/M&A transaction data, and macroeconomic indicators.
The model produces three components: The reported public multiple, the model-predicted multiple, and the lower bound predicted multiple averaged into the DealMatrix Composite, then adjusted for region and funding stage. The methodology follows the IPEV Guidelines 2025.
Startup OQ Technology raises $13 million to expand satellite IoT network
raised
Valuation
Minut gains $14m Series B
raised
Valuation
Bavaria-based IoT connection solution HiveMQ raises €9.3 million in seed round led by Earlybird and Senovo
raised
Valuation
Software & Data
Software
Software & Data
Machine Learning
