IoT Bank

Name

IoT Bank

Legal name

株式会社IoTBank

Website

https://iotbank.co.jp

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

IoT Bank is a Japanese IoT solutions provider offering end-to-end IoT ecosystems — sensor hardware (GPS trackers, CO2 sensors), connectivity, and cloud platforms — serving enterprises, government, and educational institutions primarily in Japan.

Ownership category

akta.pro rank

Product category

Industrial IoT Sensors and Platforms

NAICS

Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345)

SIC

Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Building IoT Sensors & Edge Devices (IAQ, Occupancy, Condition Monitoring) (BPABAGAF)

akta.pro secondary industries

Smart Climate & Air Quality (Thermostats, HVAC, Purifiers, IAQ Sensors) (HSAPAQAD), Occupancy, Space Utilization & Workplace Experience (HSAPAPAG), Elder Care, Wellness & Home Health IoT (Fall Detection, Medical Alerts, Sleep/Wellness Sensors) (HSAPAQAJ)

Keywords

• IoT device development
• GPS tracking services
• Environmental sensors
• Cloud IoT platforms
• OEM ODM services

Headquarters

HQ city

Shinjuku

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware device sales: Sale of IoT hardware products including GPS trackers (GeoPita devices), CO2 sensors (mamo sensor Air), and related peripherals. Hardware is sold at one-time price points or as part of bundled packages.
2. Cloud/SaaS platform subscriptions: Ongoing subscription fees for cloud services such as GeoPita (location management), mamo sensor Air (air quality monitoring), BizReco (conversation analytics), and LitCare (vital monitoring). These are recurring subscription models for access to the platform and data visualization dashboards.
3. Custom IoT product development (OEM/ODM): Bespoke IoT device and system development services contracted to enterprises, including proof-of-concept, OEM supply, and system integration. Revenue recognized as project-based professional services.
4. Connectivity services: Communication (SIM) fees bundled with hardware products, such as the mamo sensor Air 2-year communication plan included in the ¥11,000 campaign bundle (normally ¥22,880 for device plus 2-year connectivity).

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

IoT Bank designs, manufactures, and sells proprietary IoT sensor devices (GPS trackers, CO2/temperature/humidity sensors, vital sign devices) with embedded LTE-M connectivity, and operates cloud platforms for real-time data visualization, remote monitoring, and AI-powered analytics. The company also offers one-stop custom IoT product development (OEM/ODM), covering device hardware, network, cloud integration, security, and dashboard creation for enterprise and government clients.

Product overview

IoTBankは、IoTソリューションの企画・開発を行う企業で(device developmentからnetwork構築・cloud連携・security・data蓄積・dashboard作成までの全領域をカバーするエコシステムを構筑している。主力製品は位置情報・稼働管理クラウド「GeoPita（ジオピタ）」、AI文字起こし・要約サービス「BizReco（ビズレコ）」、CO2/温湿度センサーサービス「まもセンサー Air」、バイタル管理サービス「LitCare（リットケア）」の4軸で構成され、これらをIoT製品開発のOEM/ODMサービスと組み合わせることでワンストップのIoTソリューションを提供している。

Differentiator

Problem solved

Functional benefit

Brands

• GeoPita（ジオピタ）: A cloud service that uses sensor devices to collectively manage the location and operational status of people and objects.
• LitCare（リットケア）
• BizReco（ビズレコ）
• まもセンサーAir
• IoT製品開発

Products and services

• GeoPita (ジオピタ) Cloud service that uses sensor devices to collectively manage the location and operational status of people and objects in real time via GPS tracking, with safety zone settings and movement history visualization. Designed for enterprises, schools, construction sites, and care service operators needing location tracking of children, elderly, vehicles, and equipment.
• mamo sensor Air (まもセンサーAir) LTE-M SIM-embedded IoT sensor device that continuously measures CO2 concentration, temperature, and humidity in enclosed spaces, transmitting data to a cloud dashboard for real-time air quality visualization, anomaly alerts, and ventilation guidance. Used by restaurants, schools, care facilities, offices, and public facilities.
• BizReco (ビズレコ) Cloud service that uses dedicated recording devices to capture on-site conversations and applies AI for transcription, summarization, and analysis to visualize and asset-ize customer service, sales, and meeting content. Targets sales, retail, and customer service businesses seeking to reduce information loss and standardize reporting.
• LitCare (リットケア) Cloud service that uses vital sign devices to semi-automatically and periodically visualize and batch-manage the vital condition of residents and employees. Targets nursing care operators and businesses that require ongoing employee health monitoring for operational efficiency and improved customer experience.
• IoT Product Development (OEM/ODM) One-stop IoT device and system development service that collects data on the location and operational status of people and assets, enables remote monitoring, control, and AI integration, and provides OEM supply and PoC (proof of concept) support. Serves enterprises commissioning custom IoT solutions.

Quantifiable outcome

• Search and rescue time reduced by over 50% when using GeoPita for participant tracking during training camps
• +3 more outcomes

Named customers13 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability5 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• ESWIN Computing (北京奕斯伟计算技术股份有限公司)coreStrategic or Co-development Partner · 18 February 2026IoTBank and ESWIN Computing have entered a strategic partnership in the field of next-generation 'edge AI'. ESWIN Computing is a leading Chinese company providing chip products based on RISC-V architecture. The partnership aims to combine IoTBank's IoT solutions expertise with ESWIN's edge AI chip technology to develop advanced edge AI solutions.
• Mimamorume Co., Ltd. (株式会社ミマモルメ)coreStrategic or Co-development Partner · 30 January 2023Capital and business alliance between IoTBank and Mimamorume, a company providing ICT/IoT-based safety solutions targeting education and local communities. Mimamorume operates the 'Mimamorume' safety monitoring service and 'ProgLab' robot programming education business. The partnership aims to accelerate IoT adoption among educational institutions and local governments through combined expertise and data utilization.
• CAPIN (動物愛護を考える茨城県民ネットワーク)minorStrategic or Co-development Partner · 21 July 2020Proof-of-concept experiment with CAPIN, an Ibaraki prefecture animal welfare NPO, to verify the effectiveness of mamo search GPS tracking for pet safety management of dogs and cats.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• SORACOM: Tokyo-based IoT connectivity and cloud platform offering cellular SIM, edge computing, and SaaS dashboards to enterprise customers. Directly comparable to IoTBank because both sell an integrated hardware-plus-LTE-M-plus-cloud IoT stack to Japanese enterprises and developers.
• SenseWay: Japanese LPWA/IoT platform that pairs low-power network connectivity with cloud-based asset tracking and environmental monitoring. Comparable to IoTBank's GeoPita and mamo sensor Air lines as a Japan-domestic IoT platform serving facility and asset use cases.
• RevComm (MiiTel): Tokyo-based AI conversation intelligence company offering voice transcription, summarization, and analytics for sales and meeting conversations. The closest Japanese competitor to IoTBank's BizReco product, serving overlapping sales and customer-service personas.
• Particle Industries: US-based IoT platform combining cellular hardware modules, connectivity, and a developer cloud for connected products. Directly analogous to IoTBank's OEM/ODM IoT product development service plus cloud offering in business model and go-to-market.
• UnaBiz: Singapore-headquartered massive IoT platform offering Sigfox/LTE-M connectivity, sensors, and cloud services across Asia. Comparable to IoTBank for its end-to-end IoT stack model targeting facility monitoring, asset tracking, and multi-vertical deployments.

Broad incumbents

• Sensirion: Swiss global leader in environmental sensors including CO2, temperature, and humidity modules used in HVAC and IAQ applications. Comparable to IoTBank's mamo sensor Air business as a much larger established sensor manufacturer serving the same indoor air quality category.
• Murata Manufacturing: Japanese global leader in electronic components and IoT communication/sensor modules. Comparable as a much larger incumbent supplying the underlying IoT hardware building blocks (including connectivity modules) that IoTBank integrates into its products.
• KDDI (IoT & Business division): Major Japanese telecommunications carrier with a substantial IoT connectivity, platform, and solution business serving enterprises and government. A broader incumbent that competes with IoTBank on large Japanese enterprise and public-sector IoT RFPs.

Emerging players

• AI inside: Tokyo-based AI company specializing in edge AI inference and document/speech recognition. Comparable to IoTBank's edge AI ambitions following its ESWIN partnership, and adjacent to BizReco's AI conversation analytics capability.
• AISing: Japanese edge AI company deploying lightweight on-device machine learning to industrial IoT and manufacturing equipment. Comparable as a Japan-based emerging player focusing on edge AI for IoT, intersecting with IoTBank's ESWIN-partnered edge AI roadmap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

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 IoT Bank