What Schwarm Technologies Inc. does

Schwarm Technologies Inc. is a privately-held technology company focused on the Internet of Things (IoT), founded in 2017 and headquartered in San Francisco, California. The company operates with a team of 11-50 employees and is led by co-founders Ben Ibata (CEO) and Stefan Jaegers (CTO), supported by three Vice Presidents of Business Development. Across its operating history the company has raised approximately $4.0 million in disclosed equity financing, with the most recent and largest round closing on 2024-12-17 at $3,027,055 — roughly six times the size of any prior round.

The public source material provides no substantive disclosure of Schwarm's product portfolio, underlying technology stack, pricing model, go-to-market mechanics, customer segments, or named customers. The company's website (schwarm.com) currently renders only a loading/verification placeholder, which materially limits any technical or commercial assessment. There are no disclosed patents, trademarks, certifications, partnerships, integrations, app offerings, or API/SDK documentation referenced in the available data.

As a result, the company's actual offering, revenue model, and traction cannot be characterized with confidence from public sources. What can be stated with evidence is the company's stated IoT focus, its founder-led technical leadership structure, its small headcount consistent with an early- to growth-stage venture, its San Francisco base, and its reliance on a series of relatively small equity rounds culminating in a meaningful step-up in late 2024. Any deeper claims about products, technology, or business model would constitute fabrication given the available data gaps.

Name

Schwarm Technologies Inc.

Website

https://schwarm.com

Company type

Private

Founded year

2017

Headcount range

11–50 employees

Short description

Schwarm Technologies Inc. is a privately-held IoT technology company founded in 2017 and headquartered in San Francisco, employing 11-50 people and led by co-founders Ben Ibata (CEO) and Stefan Jaegers (CTO). It has raised approximately $4 million across four funding rounds, most recently a $3.0M round in December 2024.

Ownership category

akta.pro rank

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Core offering

Schwarm Technologies Inc. is an innovative technology company focused on the Internet of Things (IoT). The company develops and delivers IoT-related technology offerings to its customers, operating as a for-profit private firm headquartered in San Francisco, United States. Its core business centers on building and providing IoT technology products and solutions to its target market.

Differentiator

Problem solved

Functional benefit

Products and services

• IoT Technology Solutions

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights3 records

Emerging players

• Memfault: Memfault provides an IoT device observability and over-the-air update platform for connected product teams. It is an emerging IoT infrastructure peer focused on the device-side reliability and fleet management stack.
• Losant: Losant is an enterprise IoT platform focused on connected device orchestration, data visualization, and workflow automation. It is an emerging peer with overlapping IoT platform capabilities targeted at enterprises and developers.
• Hologram: Hologram provides cellular IoT connectivity and a SIM/platform stack for connected device fleets. It is an emerging IoT connectivity peer with similar customer profile of developers and IoT product teams.
• Blues Wireless: Blues Wireless provides IoT connectivity modules and a cloud platform focused on simplifying cellular and LoRaWAN connectivity for connected products. It is an emerging IoT infrastructure peer targeting product teams.

Broad incumbents

• Microsoft Azure IoT: Azure IoT is Microsoft's suite of IoT services for device management, telemetry ingestion, and edge computing. As a broad incumbent, it sets the baseline enterprise IoT offering Schwarm would compete with or integrate into.
• Cisco IoT: Cisco offers industrial IoT networking, security, and edge compute solutions for connected operations. It is a broad incumbent in industrial and enterprise IoT that competes for the same buyer personas as an early-stage IoT infrastructure company.
• AWS IoT: AWS IoT is Amazon's managed cloud IoT platform offering device connectivity, messaging, and analytics. It is the dominant incumbent IoT cloud that any IoT infrastructure startup including Schwarm must either complement or differentiate against.
• Samsara: Samsara is a publicly-traded IoT leader providing connected operations platforms for fleets, industrial assets, and physical operations. It represents the scaled incumbent that any early-stage industrial IoT company like Schwarm would benchmark against.

Direct peers

• Helium: Helium operates a decentralized wireless network purpose-built for IoT devices, providing low-power connectivity infrastructure. It is a directly comparable IoT-focused infrastructure company that emerged from the same Bay Area ecosystem.
• Particle: Particle provides an IoT platform with cellular hardware, device OS, and cloud connectivity for connected products. It is a directly comparable IoT infrastructure play targeting developers and enterprises building connected solutions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds4 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 Schwarm Technologies Inc.