What Mircod does

Mircod is a private, for-profit Internet of Things (IoT) services company headquartered in Boca Raton, Florida, founded in 2015. The firm positions itself as an IoT-as-a-Service provider specializing in the rapid prototyping of both the hardware and software components of connected-device systems, suggesting an engagement-based services model aimed at clients that need to compress time-to-prototype for embedded products.

The company's stated offering spans hardware design, embedded software/firmware development, and IoT platform integration, executed under a five-person leadership team that combines engineering (CTO Ramil Teregulov), business development (Co-Founder Yitzhak Weiss and VP Kirill Igin), and a medical-science capability (Co-Founder Elvira Fainshtein, Ph.D. Medicine). The presence of a medical-scientist co-founder hints at capability overlap with regulated connected-health verticals, though no specific product lines, named platforms, or proprietary technology stacks are disclosed in the available data.

Mircod has raised approximately $2.25M across three funding rounds between December 2015 and January 2018, with no subsequent capital events documented. The firm reports a headcount band of 101–250 employees, which is materially larger than the cumulative equity raised would typically support, indicating either significant services revenue, bootstrapped operations, or potential data-quality issues in the source. No revenue figures, named customers, pricing details, patents, partnerships, or product launches are documented in the input data, so commercial traction, customer mix, and revenue mechanics cannot be substantiated from available evidence.

Name

Mircod

Website

https://mircod.com

Company type

Private

Founded year

2015

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

IoT Prototyping Services

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

IoT Connectivity Management (Private APN, SIM/eSIM, Device Connectivity) (HDAIAGAG)

akta.pro secondary industry

IoT/M2M Mobile Network Operators (LPWAN, NB-IoT/LTE-M) (HDAIAAAH)

Keywords

• IoT prototyping services
• Hardware product development
• Embedded systems design
• Rapid prototyping solutions
• IoT system integration

Headquarters

HQ city

Boca Raton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Core offering

Mircod provides Internet of Things (IoT) as a Service, focused on the rapid prototyping of hardware and software for IoT systems. The company supports clients in designing, building, and validating connected-device solutions through end-to-end hardware and software prototyping capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Internet of Things as a Service End-to-end IoT service offering covering the design, prototyping, and validation of connected-device hardware and software for business clients building IoT products.
• Rapid Prototyping of Hardware and Software IoT Systems Rapid prototyping service for hardware and software components of IoT systems, enabling clients to iterate quickly from concept to functional prototype.

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Particle: Particle provides an IoT platform with hardware modules, connectivity, and a cloud backend that supports rapid prototyping and production deployment — directly comparable to Mircod's 'IoT as a Service' and rapid-prototyping proposition.
• Blues Wireless: Blues Wireless offers pre-certified IoT hardware plus cloud connectivity, enabling fast prototyping of connected products — closely aligned with Mircod's hardware/software IoT prototyping model.
• Hologram: Hologram is an IoT connectivity platform with SIM/eSIM and device management services; its IoT-as-a-Service model directly overlaps with the connectivity-management layer of Mircod's offering.
• Eseye: Eseye provides managed IoT connectivity with multi-IMSI SIMs and integration services, targeting enterprise customers that want a single provider for connectivity and device onboarding — comparable to Mircod's services-led model.

Emerging players

• Losant: Losant provides an enterprise IoT platform with device management, data ingestion, and workflow tools, frequently used by systems integrators and solution builders — comparable as an IoT services enablement stack.
• Sigfox (UnaBiz): Sigfox, owned by UnaBiz, operates a global low-power IoT network and offers IoT connectivity-as-a-service for asset tracking and sensor deployments — adjacent connectivity management comparable to Mircod's IoT services.
• Helium (Nova Labs): Helium operates a decentralized wireless network for IoT devices and offers connectivity services; it represents an emerging IoT connectivity option that overlaps with the connectivity side of Mircod's portfolio.

Broad incumbents

• Sierra Wireless (Semtech): Sierra Wireless, now part of Semtech, offers IoT modules, gateways, and connectivity services to enterprises globally — a broad incumbent that competes for the same IoT integration and connectivity engagements Mircod targets.
• Telit Cinterion: Telit Cinterion provides IoT modules, connectivity, and platform services for large-scale enterprise and industrial deployments, serving as a broader-scale alternative for the kinds of IoT solutions Mircod prototypes.
• Bosch IoT: Bosch IoT offers a broad suite of IoT software, services, and hardware for industrial, mobility, and consumer applications — a large incumbent competitor for enterprise IoT integration and prototyping engagements.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks4 records

Key highlights5 records

Customer concentration

• Xx.com/MFainshtein

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mircod