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Particle

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Particle | Build your Internet of Things

San Francisco, United StatesFounded 2011Other B2B Software
Valuation $50–100M Last recorded · 2026
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Particle and the history behind them.

About Particle

Particle is a leading Internet of Things (IoT) platform that specializes in providing seamless device connectivity, management, and data integration solutions. The company serves a diverse range of clients, including enterprises, developers, and manufacturers, who require reliable and scalable IoT solutions to connect and manage their devices. Operating in the IoT market, Particle offers a comprehensive suite of hardware and software products, such as development kits, connectivity modules, and cloud services, which facilitate the creation and deployment of IoT applications.

Particle's business model is based on a combination of hardware sales, subscription-based cloud services, and professional support. The company generates revenue through the sale of its IoT hardware products, including LTE and 3G modules, as well as through recurring subscription fees for its cloud platform, which provides device management, data storage, and analytics capabilities. Additionally, Particle offers professional services and support to help clients design, develop, and deploy their IoT solutions.

Particle's competitive advantage lies in its ability to offer an end-to-end IoT solution that simplifies the complexities of device connectivity and management, enabling clients to focus on their core business objectives. The company's platform is designed to be highly scalable, secure, and reliable, making it an attractive choice for businesses looking to implement IoT solutions at scale.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2011
Headquarters
San Francisco, United States
Employees
107
Open positions
2
Dealroom signal
67.9/100
Industry
Enterprise Software
Sector
Other B2B Software, Geopositioning, Industrial Technology, Industrial Connectivity, Hard Tech, DT and LS
Technology
Hardware, Deep Tech, IoT InternetOfThings
Business model
SaaS
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jan 2026 $0 — Digi International ↗
SERIES CEquity / VC Sep 2023 $0 — SOSV —
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Particle website traffic

Latest recorded traffic for Particle is 160K monthly website visits, up 0% over the last three months. Particle's team declined 6.1% over the past year.

Latest monthly visits160K 3-month web change0% 1-year team growth-6.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

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.

Seed4 investors entered at this stage

Series A10 investors entered at this stage

Series B and later3 investors entered at this stage

Other known investors7 additional known investors

Team profiled 40 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
11 countries with
team presence
🇺🇸 United States51.7%
🇲🇽 Mexico15%
🇨🇳 China13.3%
🇮🇳 India3.3%
🇷🇺 Russia1.7%
Top 5 of 11 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Particle 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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