What is Viam?
Founded in 2020 and headquartered in New York City, Viam offers a comprehensive software platform that simplifies the process of transforming innovative ideas into production-ready smart machines. The company addresses a critical need in the market for efficient development and deployment of IoT-enabled industrial solutions. Viam's technology empowers businesses to accelerate their digital transformation initiatives by providing the tools necessary to build, manage, and scale intelligent automated systems.
How much funding has Viam raised?
Viam has raised a total of $117M across 4 funding rounds:
Angel/Seed
$12M
Series A
$30M
Series B
$45M
Series C
$30M
Angel/Seed (2021): $12M with participation from Union Square Ventures
Series A (2022): $30M led by Tiger Global Management, Battery Ventures, and Union Square Ventures
Series B (2024): $45M supported by Battery Ventures and Union Square Ventures
Series C (2025): $30M featuring Battery Ventures, Neurone, and Union Square Ventures
Key Investors in Viam
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets, known for its significant investments in technology companies.
Battery Ventures
Battery Ventures is a global investment firm that partners with entrepreneurs and management teams to build and scale category-defining technology businesses, investing across all stages of growth.
Union Square Ventures
Union Square Ventures is a New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes, focusing on innovative companies poised for growth.
What's next for Viam?
With its recent major strategic investment, Viam is poised for accelerated expansion and product development. The company's focus on simplifying the creation of smart machines positions it to capitalize on the growing demand for automation and intelligent industrial solutions. Future endeavors will likely involve enhancing its platform capabilities, expanding its market reach, and forging new strategic partnerships to further solidify its position as a leader in the industrial software landscape. The consistent backing from prominent venture capital firms indicates strong investor confidence in Viam's long-term vision and market potential.
See full Viam company page