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Totum

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Global satellite IoT connectivity for asset tracking

San Diego, United StatesFounded 2018Space
Valuation $50–100M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Totum and the history behind them.

About Totum

Totum Labs, founded in 2018 by Ted Myers in San Diego, California, developed a direct-to-satellite, low-power, wide-area (LPWA) connectivity solution for IoT. Its technology, named Doppler Multichannel Spread Spectrum (DMSS), enabled tracking and monitoring of assets, even indoors, by connecting low-power sensors directly to its constellation of Low Earth Orbit (LEO) nanosatellites.

The core of Totum's offering was its System on a Chip (SoC), integrating a DMSS modem and RF functionality, allowing small, low-cost endpoint devices with a battery life of over ten years. The solution was designed to compete with cellular LPWA technologies like NB-IoT by providing global coverage without additional terrestrial infrastructure. The company's business model focused on connectivity for high-volume applications in supply chain, logistics, agriculture and industrial sectors. Totum raised $15.5 million in funding, including a $13 million Series A round in November 2020 co-led by Heroic Ventures and Space Capital, with participation from investors including Qualcomm co-founder Dr. Andrew Viterbi. In September 2021, the company demonstrated what it described as the world's first indoor, direct-to-satellite IoT connection and reported two million in advance orders.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
San Diego, United States
Employees
14
Open positions
None listed
Dealroom signal
29.0/100
Sector
Space, Space Tech, Satellites, Satellite Payloads and Components, Space Vehicles Components and Payloads, Semiconductors for Space, Space Tech for Finance, Space Upstream, Hard Tech, DT and LS
Technology
Hardware, Deep Tech, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Dec 2020 $13M $52M Qamcom · Space Capital · Heroic Ventures · Andrew Viterbi —
SEED✓Equity / VC Aug 2019 $2.5M $10M Heroic Ventures · Space Capital · Andrew Viterbi · KittyHawk Ventures —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Totum website traffic

Latest recorded traffic for Totum is 700 monthly website visits, down 63.2% over the last three months. Totum's team grew 0% over the past year.

Latest monthly visits700 3-month web change-63.2% 1-year team growth0%
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

10 investors on the cap table

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

Seed5 investors entered at this stage

  • Heroic Ventures
  • Space Capital
  • Andrew Viterbi
  • KittyHawk Ventures
  • Hunt Technology Ventures

Series A1 investor entered at this stage

  • Qamcom

Other known investors4 additional known investors

Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
🇺🇸 United States · San Diego HQ
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Market sentiment

Posts on X, past 7 days

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