What Onomondo does

Onomondo is a Danish IoT connectivity provider headquartered in Copenhagen that builds and operates its own cloud-native cellular core network integrated with 680+ networks across 180+ countries. The platform offers non-steered SIM cards in physical, embedded (eSIM/MFF2), and 100% software-based (SoftSIM) form factors that connect devices to the strongest available network without PLMN steering lists. Onomondo's Insight Tools expose packet-level data and signaling logs for self-service troubleshooting, and the platform is API-first with no-code Connectors for AWS IoT Core and Azure IoT Hub that reduce on-device memory usage by 25% and overhead data transmission by up to 80%. The company is ISO 27001:2022, GDPR, and NIS2 compliant and holds SGP.32 eSIM IoT standard support.

Onomondo serves enterprise and mid-market IoT-native customers across asset tracking, telematics and automotive, smart metering, EV charging, POS systems, and logistics — with named customers including Maersk, Connected Cars, Payworld Belgium, Intoto, Otiom, Clevertrack, Framery, 3Bee, and Circle Gas. Its commercial model combines a product-led self-serve motion (free trial, sandbox testing plan, Nordic Dev Kit) with direct enterprise sales and a tiered partner program (Tier 1-3). Revenue is generated through usage-based data connectivity billed via Magic Mode, which charges only for SIMs that actively transmit data in a given month, alongside platform access fees for SIM management, insight tools, connectors, and security features.

The company has raised approximately USD 26 million in cumulative equity and grant funding since inception, including a USD 21 million growth round in July 2022 led by Verdane with strategic participation from Maersk Growth. Onomondo operates with 51-100 employees from its Copenhagen headquarters (Onomondo ApS) and has expanded its served geographies to include Europe, North America, South America, Asia, the Middle East, Africa, and Oceania.

Name

Onomondo

Legal name

Onomondo ApS

Website

https://onomondo.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

51–100 employees

Short description

Onomondo is a Copenhagen-based IoT connectivity provider operating a proprietary cloud-native cellular core network across 680+ networks in 180+ countries, delivering API-first SIM management, non-steered SIMs, SoftSIM, and usage-based billing to IoT-native enterprises.

Ownership category

akta.pro rank

Product category

IoT Connectivity Platform

NAICS

Wireless Telecommunications Carriers (except Satellite) (517112), Telecommunications Resellers (517121)

SIC

Radiotelephone Communications (4812), Communications Services, Nec (4899)

akta.pro primary industry

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

akta.pro secondary industries

IoT/M2M Mobile Network Operators (LPWAN, NB-IoT/LTE-M) (HDAIAAAH), Industrial/OT Private Connectivity (Factory, Mining, Ports) (HDAIAGAD)

Keywords

• IoT connectivity services
• Cellular IoT platform
• SIM management software
• Embedded SIM solutions
• Global IoT data plans

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Usage-based IoT Data Connectivity: Pay-as-you-go data pricing where customers only pay for data consumed in months when SIMs transmit data. No monthly subscription fees for inactive SIMs. Single transparent invoice for entire global fleet. Magic Mode billing charges only for active SIMs that send data.
2. SIM Access/Platform Fees: Platform access fees for SIM management, insight tools, connectors, and security features. Customers pay for active SIMs and data usage.
3. Growth Funding (Historical): Onomondo raised USD 21 million in growth funding led by Verdane in July 2022 to expand team and accelerate European growth.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

Onomondo provides global cellular IoT connectivity through a cloud-native, software-defined core network integrated with 680+ networks across 180+ countries. It sells non-steered IoT SIMs (Global IoT SIM, IoT eSIM, SoftSIM, SGP.32 eSIM IoT), a unified SIM Management platform, packet-level Insight Tools for network diagnostics, no-code Connectors to AWS/Azure IoT, VPN security, and pay-as-you-go data plans with Magic Mode billing.

Product overview

Onomondo offers a cloud-native IoT connectivity platform with a modular architecture. The core platform consists of SIM Management for unified device and billing control, Insight Tools for network diagnostics, Connectors for no-code cloud integrations, OpenVPN & IPsec for secure access, and Security for compliance management. The platform supports multiple SIM form factors including the Global IoT SIM, IoT eSIM, SoftSIM (100% software-based), and SGP.32 eSIM IoT. Connectivity options span global coverage across 680+ networks in 180+ countries, with specific support for LTE-M and NB-IoT networks, plus Private Wireless Network Core for enterprise deployments. The Magic Mode billing feature ensures customers only pay for active data-transmitting SIMs. The platform is API-first, enabling programmatic control and automation for IoT fleet management.

Differentiator

Problem solved

Functional benefit

Products and services

• Global IoT SIM
• IoT eSIM
• SoftSIM
• SGP.32 eSIM IoT
• SIM Management Platform
• Insight Tools
• Connectors (No-code IoT Cloud Integrations)
• OpenVPN & IPsec
• Security (Integrated IoT Network Security)
• Global Cellular Coverage
• LTE-M Network Coverage
• NB-IoT Network Coverage
• Private Wireless Network Core

Quantifiable outcome

• Reduce on-device memory usage by 25% using No-code Connectors
• +3 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature12 records

Partnerships

Three partnerships are on record, tiered core.

• N-iXcoreStrategic or Co-development Partner · 23 March 2026Strategic partnership between N-iX (global technology partner specializing in AI software engineering) and Onomondo (global IoT connectivity provider) to address costly and complex challenges companies face when moving IoT products from development to global-scale deployment. Combines N-iX's 15+ years of IoT and embedded software development experience with Onomondo's software-defined global connectivity infrastructure. Targets friction points including fragmented tooling, opaque network behavior, and high SIM and data costs.
• Nordic SemiconductorcoreTechnology or IntegrationPartnership providing Onomondo SIM integration with Nordic Semiconductor nRF91 series development kits. Nordic Dev Kit includes Onomondo SIM with 50MB free data and 60 days platform access. Onomondo is a Nordic Solution Partner. Kit available through Nordic's distribution partners.
• IoT Solution Partners (Tiered Partner Program)coreChannel Partner/ Reseller/ DistributorOnomondo operates a tiered partner program (Tier 1-3) enabling partners to resell and integrate Onomondo connectivity. Partners gain access to platform testing, co-created content and case studies, commission structures, early technology access, and certification. Partner Hub listing increases discoverability for potential customers.

Scale indicators4 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• Deutsche Telekom IoT: Global IoT connectivity offering from Deutsche Telekom, including eSIM, NB-IoT, LTE-M, and managed connectivity services. Comparable as an IoT MVNO and connectivity provider at scale; co-marketed alongside Onomondo in the Nordic Dev Kit ecosystem.
• Twilio (Super SIM / IoT): Communications platform offering IoT connectivity via Super SIM as part of a broader CPaaS portfolio. Compares to Onomondo on cellular IoT SIMs and API-first developer model but with vastly larger scale and adjacent product breadth.
• KORE Wireless: Established IoT connectivity and solutions provider with global multi-network coverage and managed services across verticals. Comparable to Onomondo on IoT MVNO offering but operates as a larger incumbent with broader managed-services portfolio.

Direct peers

• Soracom: Cloud-native IoT connectivity MVNO offering global cellular coverage with SIM/eSIM, an API-first platform, and developer-focused self-service. Closely comparable to Onomondo across business model, technology, and target IoT-native customer base.
• Aeris: IoT cellular connectivity and platform provider serving enterprises across asset tracking, fleet, and connected vehicle use cases with managed connectivity services. Comparable to Onomondo in customer verticals and MVNO-style global coverage model.
• Hologram: IoT SIM and connectivity platform targeting developers and IoT-native companies with global multi-network coverage and an API for SIM management. Directly comparable to Onomondo on PLG, API-first positioning, and multi-vertical IoT customer base.
• 1NCE: IoT connectivity provider offering flat-rate global cellular connectivity across 2G/3G/4G/LTE-M/NB-IoT with a software platform for device management. Competes head-to-head with Onomondo in the IoT-native, multi-vertical segment.
• Eseye: Global IoT connectivity provider with multi-IMSI SIMs, eSIM, and managed connectivity services aimed at enterprise IoT deployments. Directly comparable to Onomondo in global coverage, eSIM focus, and enterprise vertical coverage.
• Monogoto: Cloud-native IoT MVNO offering global cellular connectivity, eSIM, and a developer-oriented API platform. Comparable to Onomondo on technology stack, PLG approach, and small-form-factor SIM partnerships (co-marketed on Nordic Dev Kit).
• Wireless Logic: IoT/M2M connectivity MVNO with global multi-network SIMs, eSIM, and managed connectivity services for enterprise IoT. Comparable to Onomondo in core connectivity offering and enterprise target segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/onomondo

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds7 records

Investors7 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 Onomondo