What is Seebo?
Founded in 2012 and headquartered in Tel Aviv, Israel, Seebo offers a comprehensive IoT development platform designed to empower businesses within the manufacturing industry. The platform facilitates the design and delivery of connected products and systems, enabling manufacturers to streamline operations and enhance product capabilities through IoT integration. Seebo's technology addresses the complexities of IoT deployment, providing a scalable and robust solution for companies looking to leverage the power of connected devices.
How much funding has Seebo raised?
Seebo has raised a total of $44M across 4 funding rounds:
Other Financing Round
$3M
Series A
$8M
Unspecified
$9M
Series B
$24M
Other Financing Round (2014): $3M with participation from TPY Capital
Series A (2017): $8M led by TPY Capital, Pritzker Group Venture Capital, Viola Group, and Global IoT Technology Ventures, Inc.
Unspecified (2020): $9M supported by TPY Capital, Viola Group, Ofek Ventures, and Vertex Ventures
Series B (2021): $24M featuring 10D, Leumi Partners, The Phoenix, and Vertex Ventures
Key Investors in Seebo
Leumi Partners
Leumi Partners is a prominent Israeli financial firm specializing in investment banking and research services, offering direct strategic investments, M&A advisory, and technology investment banking. They are known for their agility and expertise in the financial sector.
Vertex Ventures
Vertex Ventures US is an early-stage venture capital firm focused on B2B software companies driving a smarter digital economy, providing operational insights and extensive resources to its portfolio.
Viola Group
Viola Group is Israel's leading technology investment group, managing significant assets and supporting entrepreneurs in building transformational technology companies through a multi-strategy investment approach.
What's next for Seebo?
The substantial enterprise-level funding and recent strategic investment indicate Seebo is poised for significant expansion and further product development. This capital infusion will likely fuel advancements in their IoT platform, enabling them to capture a larger share of the rapidly growing industrial IoT market. Seebo's focus on manufacturing suggests a strategic push to deepen its penetration in this sector, potentially through new partnerships, enhanced R&D, and broader market reach. The company's trajectory points towards solidifying its position as a key player in enabling digital transformation for manufacturers.
See full Seebo company page