Connected devices
Our blog contains short snippets from our full research coverage. We release new content regularly, so check back often for the latest insights.
IoT Q1 2020 Exit Activity
The below chart summarizes IoT year-to-date exit activity compared to last year. There were 11 exits in Q1 2020, which is a 35% drop from Q1 2019. A quarter of the way through 2020, and we are at 22% of the 2019 full-year exit activity.
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Notable IoT Startups and Geek+ Profile
As you may know, Venture Scanner provides emerging technology research services to support corporate innovation and startup scouting. To give you a view into our client-only research, here is an excerpt focused on notable startups.
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IoT 2019 Funding Dipped
The below chart shows IoT funding over time and calls out the largest funding rounds in recent years. As you can see, IoT funding hit a record year in 2018, and then established a new baseline in 2019 at $16.3B.
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The State of User Based Insurance
Last year I wrote about how the first connected car killer app was already here in the form of User-Based Insurance (UBI). As a quick reminder, UBI is when an insurance company is able to measure exactly how you drive (via telematics) and provide you an insurance policy tailored to your specific habits. Drive aggressively and pay more. Drive safely and pay less.