D
DIMO
A user-owned IoT platform that allows drivers to collect and share their vehicle data
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 dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | ↗ |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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- TMTable Management
- AHAmir Haleem
- JCJake Chervinsky
Rick Wagoner
Trevor McFedries
Variant
Mark Joseph
Slow Ventures
Wonder Ventures
Ro Gupta- MCMichael Cena
- MBMason 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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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