Senet

Name

Senet

Legal name

Senet

Website

https://senetco.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

IoT Network Connectivity

NAICS

Wired and Wireless Telecommunications (except Satellite) (5171), Wireless Telecommunications Carriers (except Satellite) (517112), Wired and Wireless Telecommunications Carriers (except Satellite) (51711)

SIC

Communications Services, Nec (4899), Computer Communications Equipment (3576)

akta.pro primary industry

Wireless ISPs (WISPs) & Fixed Wireless Access Providers (HDAIADAD)

akta.pro secondary industry

Field Area Network (FAN) & Backhaul for AMI (EUADAFAE)

Keywords

• LoRaWAN network services
• IoT connectivity platform
• Network as a Service
• Smart metering infrastructure
• Utility IoT solutions

Headquarters

HQ city

Hudson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Network-as-a-Service (NaaS): Provides carrier-grade LoRaWAN network coverage as a service model
2. Platform-as-a-Service (PaaS): Netmore LoRaWAN Platform-as-a-Service offering scalable connectivity platform for IoT deployments
3. IoT Connectivity Services: Connectivity services for utilities, properties, and enterprises across water, gas, electricity, and district heating utilities

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Senet provides carrier-grade LoRaWAN network connectivity as a service to utilities, properties, and enterprises across North America. The company delivers Network-as-a-Service and Platform-as-a-Service offerings that enable large-scale IoT deployments for smart metering, asset tracking, and remote monitoring. As the US subsidiary of Netmore Group, Senet connects over 9 million devices through 20,000+ gateways, serving water utilities, gas utilities, electricity providers, healthcare organizations, and municipalities.

Product overview

Senet, part of Netmore Group, operates as a global LoRaWAN network provider offering a platform-plus-modules architecture. The core offering consists of the Netmore LoRaWAN Network-as-a-Service and Platform-as-a-Service, which provide carrier-grade connectivity and scalable infrastructure for IoT deployments. Supporting modules include Netmore TRY LoRaWAN (trial offering), Netmore Go (simplified connectivity), and Netmore Market (device marketplace). The platform serves utilities (water, gas, electricity, district heating), properties, and enterprises across 50+ country networks, connecting over 15 million devices across 90,000+ gateways globally.

Differentiator

Problem solved

Functional benefit

Products and services

• Netmore LoRaWAN Network-as-a-Service Carrier-grade LoRaWAN network coverage and connectivity services sold to utilities, properties, and enterprises globally, providing the underlying wide-area network infrastructure for large-scale IoT deployments.
• Netmore LoRaWAN Platform-as-a-Service Scalable connectivity platform that adapts to business needs, enabling utilities connecting hundreds of thousands of meters or network operators connecting millions of devices.
• Netmore TRY LoRaWAN Trial program that allows users to evaluate LoRaWAN connectivity on the Netmore network prior to committing to a full deployment.
• Netmore Go Simplified LoRaWAN connectivity solution designed for quick deployment and easy management of IoT devices.
• Netmore Market Online marketplace for IoT solutions, sensors, and devices compatible with the Netmore LoRaWAN network, aggregating offerings from multiple manufacturers and solution providers.
• LoRaWAN Remote Patient Monitoring Solution First remote patient monitoring solution powered by LoRaWAN technology, enabling IoT connectivity for underserved populations where cellular networks are unreliable or unavailable.

Quantifiable outcome

• Reduces water leakage by 50% by 2050 (Yorkshire Water partnership)
• +2 more outcomes

Named customers2 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core, flagship and minor.

• Telli HealthcoreStrategic or Co-development Partner · 1 January 2023In January 2023, US-based Senet partnered with Telli Health to launch the first remote patient monitoring solution powered by LoRaWAN technology for underserved populations. This partnership represents a strategic expansion into healthcare IoT connectivity.
• Netmore GroupcoreOthersSenet operates as the US subsidiary of Netmore Group, a global LoRaWAN network provider. Netmore Group provides the parent platform, network infrastructure, and operational support for Senet's North American operations.
• Yorkshire WaterflagshipStrategic or Co-development PartnerStrategic partnership for Advanced Metering Infrastructure (AMI) deployment to millions of households. Partnership supports Yorkshire Water's service improvement goals including 50% leakage reduction, 110 liters PCC goal, and 15% non-household water demand reduction by 2050.
• 1NCEminorChannel Partner/ Reseller/ DistributorIoT connectivity provider and channel partner for network services

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Actility: Foundational LoRaWAN network-server and IoT connectivity platform provider; acquired by Netmore Group in January 2026, making it the closest functional counterpart to Senet within the same parent. Directly comparable on LPWAN core technology, target verticals (utilities, logistics), and recurring platform business model.
• Everynet: Global LoRaWAN network operator providing carrier-grade IoT connectivity as a service to utilities, logistics, and enterprises. Direct competitor to Senet/Netmore on the same LPWAN technology, same NaaS delivery model, and overlapping utility and asset-tracking verticals.
• LORIOT: LoRaWAN network-server and orchestration platform vendor serving operators and enterprises worldwide. Competes head-to-head on the PaaS layer of the LoRaWAN stack that Senet also resells via Netmore's platform.
• The Things Industries: LoRaWAN network-server and IoT connectivity management platform provider for operators and enterprises. Direct competitor on the same core technology, with comparable target segments in utilities and enterprise IoT.

Emerging players

• Helium (Nova Labs): Decentralized wireless IoT network using incentivized hotspot coverage and LoRaWAN compatibility. Competes with Senet for low-bandwidth IoT connectivity by offering alternative economics (token incentives) and crowdsourced coverage vs. Senet's carrier-grade operator model.
• 1NCE: IoT connectivity provider offering low-cost cellular IoT (LTE-M/NB-IoT) as a subscription across many countries; named channel/distribution partner of Senet. Competes on price-per-device for high-volume IoT deployments and is explicitly positioned as a partner-competitor.

Broad incumbents

• Vodafone Business IoT: Global mobile operator offering managed cellular IoT connectivity (LTE-M, NB-IoT, 4G/5G) to enterprise and utility customers. Indirect peer — competes with Senet for the same utility/enterprise IoT spend but via cellular rather than LoRaWAN, and as part of a much broader telecom portfolio.
• T-Mobile IoT (formerly Sprint Curiosity): US carrier IoT connectivity arm offering nationwide cellular connectivity for IoT devices. Competes with Senet for IoT connectivity budgets at enterprises that don't require LoRaWAN's low-power/long-range characteristics, especially in mobility and high-bandwidth use cases.
• Sierra Wireless (now Semtech): Cellular IoT module, gateway, and connectivity platform provider (recently acquired by Semtech). Adjacent peer offering hardware + managed connectivity for enterprise IoT — overlaps with Senet's gateway partnerships (Kerlink, Multitech) on the device/gateway side and on platform services.

Others

• Kerlink: LoRaWAN gateway and network infrastructure manufacturer partnered with Senet. Adjacent ecosystem participant — supplies the physical hardware underlying Senet's network and could in principle deliver competing operator services to vertical customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/senetco
• LinkedInlinkedin.com/company/senet

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds4 records

Investors4 records

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 Senet