Pragma IoT

IoT Gateway Hardware & Edge Computingpragma-iot.com

Pragma IoT is a Greece-based IoT company founded in 2017 that designs low-power gateways and fog networking software for OEMs, operating with 1–10 employees. Its product focus is on edge-layer connectivity and embedded hardware design rather than consumer applications.

Company typePrivate
Founded2017
HeadquartersThérmi, Greece
Headcount1–10
GTM typeB2B
OfferingHardware or Manufacturing

What Pragma IoT does

Pragma IoT is a privately held, for-profit IoT company headquartered in Thérmi, Greece, founded in 2017. Its stated focus spans IoT software solutions, low-power computing, fog networking, and the design of next-generation gateways with OEM capabilities, suggesting it positions itself in the embedded/edge layer of the IoT stack rather than as a consumer-facing application provider.

Operating with 1–10 employees, Pragma IoT's core product surface is the design of low-power gateways and fog networking software intended to sit between edge devices and cloud backends, with OEM indicating it can produce hardware under its own or partners' brands. The business model is not disclosed in the input: no pricing, no revenue model, no named customers, and no sales channel information is available, leaving the unit economics — whether project-based design services, hardware sales, licensing, or a mix — undetermined from public sources.

The capital history is sparse: the only documented event is a 2018 participation in the European Data Incubator, an EU-backed equity-free acceleration program. The company's website currently resolves only to a loader/verification placeholder, and no management team, partnerships, certifications, or product launches have been disclosed. This combination — micro headcount, a single 2018 program entry, and a non-functional public web presence — indicates an entity operating below public visibility, with material data gaps that prevent substantive commercial verification.

Pragma IoT firmographics

Firmographics

Name: Pragma IoT
Website: https://pragma-iot.com
Company type: Private
Founded year: 2017
Headcount range: 1–10 employees
Short description: Pragma IoT is a Greece-based IoT company founded in 2017 that designs low-power gateways and fog networking software for OEMs, operating with 1–10 employees. Its product focus is on edge-layer connectivity and embedded hardware design rather than consumer applications.
Ownership category
akta.pro rank

Pragma IoT industry classification

Industry

Product category: IoT Gateway Hardware & Edge Computing
NAICS: Computer Systems Design and Related Services (5415)
SIC: Services-Prepackaged Software (7372)
akta.pro primary industry: Managed Application Platforms (App PaaS & Runtime Services) (HDABAAAD)
akta.pro secondary industries: Cloud-Native Development (Containers, Kubernetes, Microservices) (BPAEACAD), Cloud-Native Enablement (Containers, Kubernetes, Service Mesh) (BPAEAKAE)

Keywords

IoT gateway design
Fog networking software
Low-power embedded computing
OEM IoT hardware
Edge computing solutions

Where Pragma IoT is headquartered

Location

Headquarters

HQ city: Thérmi
HQ country: Greece
HQ region: Europe

Markets served

Pragma IoT business model

Business model

GTM type: B2B
Offering type: Hardware or Manufacturing
Cost components: Personnel, Technology or R&D, Operations

Pragma IoT product offering

Product offering

Core offering

Pragma IoT designs and develops IoT software solutions with a focus on low-power computing and fog networking, and provides OEM design services for next-generation IoT gateways. The company combines embedded hardware design with edge/fog software to enable distributed IoT infrastructure for enterprise and industrial customers.

Differentiator

Problem solved

Functional benefit

Products and services

IoT Software Solutions Custom IoT software development services that work in conjunction with the company's low-power computing and fog networking expertise, targeting enterprise and industrial customers building connected products and infrastructure.
Next-Generation IoT Gateway (OEM Design) OEM-oriented design of low-power IoT gateways incorporating fog networking capabilities, intended for manufacturers or integrators embedding Pragma IoT's designs into their own IoT products.
Low-Power Computing / Fog Networking Solutions Technical solutions that enable distributed, edge-based data processing for IoT deployments, optimized for power-constrained environments and intended for enterprise customers seeking to reduce cloud dependence and latency.

Companies that use Pragma IoT

Customer profile

Ideal customer profiles1 record

Pragma IoT technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Pragma IoT partnerships and signals

Strategic signal

Recent moves1 record

Pragma IoT competitors and assessment

Company assessment

Broad incumbents

Advantech: Global industrial IoT and embedded computing incumbent offering a wide range of edge gateways, sensors, and software. Overlaps directly with Pragma's OEM gateway business but at vastly larger scale and with established channel partners.
Tuya Smart: Large-scale IoT cloud and gateway enablement platform serving OEMs globally. Comparable OEM + gateway + cloud model to Pragma, though at consumer-scale volume and with established partner ecosystem.
Sierra Wireless (now Semtech): Provider of cellular IoT gateways, modules, and edge-to-cloud platforms serving industrial and enterprise customers. Directly comparable on the cellular/low-power IoT gateway axis where Pragma also competes.

Emerging players

Foundries.io: Provides a secure Linux platform and DevOps tooling for connected edge/IoT devices. Comparable on the software-defined gateway and platform-runtime axis where Pragma is positioning.
Zededa: Edge orchestration platform providing a Linux-based runtime for distributed edge nodes. Compares to Pragma's fog networking and edge gateway runtime ambitions, with stronger funding and ecosystem ties.
ClearBlade: Edge computing platform with emphasis on industrial IoT, asset tracking, and edge AI inference. Overlaps with Pragma on edge gateway software and low-power compute, particularly in industrial verticals.
Rigado (now BeWhere / EdgeFX): Edge-as-a-service provider offering managed gateways, connectivity, and firmware updates for IoT deployments. Comparable business model around low-power IoT gateways and recurring software/managed services.

Direct peers

Particle: IoT platform offering cellular/Wi-Fi hardware gateways plus a managed cloud connectivity and firmware layer. Comparable to Pragma on next-generation gateway design combined with software/services monetization.
Eurotech: Italy-headquartered provider of embedded computing, edge gateways, and IoT software platforms for industrial use cases. Closely comparable to Pragma IoT's low-power gateway and fog networking focus, with similar European industrial customer base.
Balena (formerly Resin.io): Software platform for deploying and managing containerized workloads on edge/IoT devices. Overlaps with Pragma's fog networking and gateway runtime positioning, particularly around container-based edge orchestration.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

Pragma IoT financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Pragma IoT leadership team

Management profile

Number of profiles

Pragma IoT funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

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

Pragma IoT M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Pragma IoT

What does Pragma IoT do?

When was Pragma IoT founded?

Pragma IoT was founded in 2017. It employs 1 to 10 people.

Where is Pragma IoT based?

Pragma IoT is headquartered in Thérmi, Greece, in the Europe region.

Who are Pragma IoT's main competitors?

Broad incumbents on record are Advantech, Tuya Smart and Sierra Wireless (now Semtech). Emerging players are Foundries.io, Zededa, ClearBlade and Rigado (now BeWhere / EdgeFX). Direct peers are Particle, Eurotech and Balena (formerly Resin.io).

Does Pragma IoT have an API?

No public API is recorded for Pragma IoT.

What industry is Pragma IoT in?

Pragma IoT's product category is IoT Gateway Hardware & Edge Computing. Its primary akta.pro industry code is HDABAAAD, Managed Application Platforms (App PaaS & Runtime Services), with a secondary code of BPAEACAD, Cloud-Native Development (Containers, Kubernetes, Microservices). Its NAICS code is 5415 and its SIC code is 7372.