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DIMO

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A user-owned IoT platform that allows drivers to collect and share their vehicle data

New York City, United StatesFounded 2021Transportation
Valuation $50–100M Last recorded · 2024
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for DIMO and the history behind them.

About DIMO

DIMO is a startup that operates in the Internet of Things (IoT) sector, providing an open and user-owned network that aims to improve the relationship between people and technology. The company's primary focus is on vehicle data, serving a diverse clientele that includes drivers, fleet operators, developers, and enterprises.

DIMO's business model is centered on data sharing and rewards. Drivers and fleets can connect their vehicles to the DIMO network, creating a 'digital twin' of their vehicle with a verified history. This data can then be shared with businesses and developers who can integrate it into their products or services. In return, the users earn rewards, save time, and save money.

For developers, DIMO offers an easier way to integrate vehicle data into their products. They can tap into the existing user base and protocol, allowing them to offer their services to a wide range of drivers worldwide.

Enterprises, on the other hand, can use the DIMO platform not just to access valuable vehicle data, but also to participate in its governance. This ensures a long-term alignment between the community of drivers and the companies that want to build products for them.

DIMO generates revenue through its data sharing model, where businesses pay to access the user-generated vehicle data. The company also offers a mobile app and a rewards program, further enhancing its value proposition to users.

In summary, DIMO is an innovative IoT startup that leverages vehicle data to create a mutually beneficial ecosystem for drivers, developers, and enterprises.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
New York City, United States
Employees
123
Open positions
None listed
Dealroom signal
57.9/100
Industry
Transportation
Sector
Transportation, Ethereum Ecosystem
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jan 2024 $12M $46M Table Management · Slow Ventures · Rick Wagoner · CoinFund ↗
SEED✓Equity / VC Feb 2022 $9M $36M Streamr · Lattice · Kiran Bhatraju · Stratos Technologies ↗
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

DIMO website traffic

Latest recorded traffic for DIMO is 14K monthly website visits, down 57.6% over the last three months. DIMO's team declined 6.8% over the past year.

Latest monthly visits14K 3-month web change-57.6% 1-year team growth-6.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

24 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed18 investors entered at this stage

  • CoinFund
  • Streamr
  • Lattice
  • Kiran Bhatraju
  • Stratos Technologies
  • Packy McCormick
  • Table Management
  • Amir Haleem
  • Jake Chervinsky
  • Rick Wagoner
  • Trevor McFedries
  • Variant
  • Mark Joseph
  • Slow Ventures
  • Wonder Ventures
  • Ro Gupta
  • Michael Cena
  • Mason Borda

Series A2 investors entered at this stage

  • Borderless Capital
  • ConsenSys Mesh

Other known investors4 additional known investors

  • BlueYard Capital
  • Bollinger
  • Not Boring Capital
  • Stratos
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇺🇸 United States52.6%
🇱🇰 Sri Lanka10.5%
🇵🇭 Philippines10.5%
🇨🇦 Canada10.5%
🇫🇷 France5.3%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about DIMO on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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