What is Zerynth?
Zerynth is an IoT platform provider founded in 2015, dedicated to facilitating the digital transformation of industrial processes and the creation of connected products. The Zerynth IoT Platform offers a robust suite of hardware and software tools, engineered by IoT specialists to deliver fast, flexible, and secure solutions for businesses seeking to modernize their operations. The company's growth indicates a strong demand for its integrated approach to industrial digitization and IoT enablement.
How much funding has Zerynth raised?
Zerynth has raised a total of $7.8M across 2 funding rounds:
Series A
$2.3M
Unspecified
$5.5M
Series A (2020): $2.3M with participation from Vertis SGR SpA
Unspecified (2022): $5.5M led by LIFTT, Vertis SGR's VV3TT Fund, and CDP Venture Capital's Corporate Partners Fund
Key Investors in Zerynth
Vertis SGR SpA
Vertis SGR SpA is an investment firm that has backed Zerynth in previous funding rounds, indicating a sustained belief in the company's potential.
LIFTT
LIFTT, or Living Independently For Today and Tomorrow, is a nonprofit organization dedicated to providing accessible services for individuals with disabilities in Southeast and South-central Montana. With over 30 years of experience, LIFTT offers a range of programs including advocacy, independent living skills, and health and wellness initiatives to empower consumers to live independently. Their target clients include people with various disabilities, assisting them in navigating social security, housing, transportation, and self-advocacy. LIFTT operates across 18 counties, ensuring that individuals of all ages can thrive in their communities.
CDP Venture Capital's Corporate Partners Fund
CDP Venture Capital's Corporate Partners Fund is an investment vehicle focused on supporting strategic corporate initiatives and growth-stage companies, aligning with Zerynth's mission.
What's next for Zerynth?
With substantial enterprise-level funding and a recent strategic investment, Zerynth is well-positioned for accelerated growth and market expansion. The company is likely to leverage this capital to further enhance its IoT platform capabilities, broaden its service offerings, and scale its operations to meet the increasing global demand for industrial digitization. Future developments may include deeper integration with existing enterprise systems and the introduction of advanced analytics for connected products, solidifying its role as a key player in the Industrial IoT landscape.
See full Zerynth company page
