Where in the world are Internet of Things (IoT) startups? Q2 2017

The analyses below summarize where Internet of Things (IoT) innovations are occurring. The graphic includes data through April 2017.

IoT Company Count by Country Q2 2017

The above map shows the number of IoT companies located in different countries. The United States ranks as the top country with around 1115 companies.

IoT Q2 2017 VC Funding by Country

The above map shows the amount of total IoT startup venture capital funding in different countries. The United States has the most VC funding at around $23B.

We are currently tracking 1,826 IoT companies in 20 categories across 50 countries, with a total of $32B in funding. Click here to learn more about the full Internet of Things market report.

Health Technology Startup Market Trends and Insights  – Q1 2017

Here is our Q1 2017 summary report on the Health Technology startup sector. The following report includes a startup landscape overview, graphical trends and insights, and recent funding and exit events.

We are currently tracking 1,863 Health Technology companies in 22 categories across 58 countries, with a total of $41 Billion in funding. Click here to learn more about the full Health Technology market report.

Financial Technology Market Overview and Innovation Quadrant – Q2 2017

The following post highlights how Venture Scanner categorizes the Financial Technology startup landscape, and presents our Innovation Quadrant showing how those categories compare to one another. The data for this post is through April 2017.

Fintech Logo Map Q2 2017

The above sector map organizes the sector into 16 categories and shows a sampling of companies in each category.

Fintech Innovation Quadrant Q2 2017

Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Financial Technology categories and how they compare with one another.

  • Heavyweights: These categories are comprised of companies that have reached maturity with significant financing.
  • Established: These categories are comprised of companies that have reached maturity with less financing.
  • Disruptors: These categories are comprised of companies that are less mature with significant financing.
  • Pioneers: These categories are comprised of companies that are less mature with earlier stages of financing.

The definitions of the Financial Technology categories are as follows

Banking Infrastructure: Companies that improve the operations of financial institutions. Examples include API integration with banks, white-label mobile solutions, and big-data analytics.

Business Lending: Companies that offer new ways for businesses to raise debt financing and have their credit risk assessed. Examples include peer-to-peer lending platforms, asset-based lines of credit, micro-financing, and big data risk analytics.

Consumer and Commercial (Digital) Banking: Companies that allow consumers and SMBs to interface with banking services. Examples include Internet-only banking services and virtual credit cards.

Consumer Lending: Companies that offer new ways for consumers to obtain personal loans and have their credit risk assessed. Examples includes peer-to-peer lending, micro-financing, big data analytics, and consumer credit scoring services.

Consumer Payments: Companies that offer technology and services centered around payment issuers and consumers. Examples include mobile wallets, credit card aggregators, prepaid card innovations, and peer-to-peer payments.

Crowdfunding: Companies that provide new methodologies to raise non-equity and non-debt financing. Examples include crowdfunding platforms for products, social causes, and creative projects.

Equity Financing: Companies that allow private businesses raise capital in exchange for equity and for investors to participate in private securities markets. Examples include crowdsourcing equity platforms and secondary market solutions.

Financial Research and Data: Companies that provide information services that enable investors to make better investment decisions. Examples include news, research, and data sources.

Financial Transaction Security: Companies that provide solutions to secure transactions, authenticate users, and prevent fraud. Examples include identify verification, big data analytics, and fraud detection algorithms.

Institutional Investing: Companies that help wealth managers, hedge fund managers, and professional traders manage their portfolios and optimize returns. Examples include tools for stock sentiment analysis, alternative investment platforms, and algorithmic trading tools.

International Money Transfer: Companies that allow businesses and individuals to send money abroad easily and cheaply. Examples include digital-only remittances, mobile top-off services, and gift cards.

Payments Backend and Infrastructure: Companies centered around payment issuers/acquirers and the infrastructure enabling payments. Examples include payment solutions for e-commerce merchants, online payment gateways, ACH, direct deposits, and payment back-ends for mobile apps.

Personal Finance: Companies that provide ways for consumers to manage their personal finances. Examples include tools for tracking expenses, managing a budget, addressing wrongful credit card charges, and optimizing credit card rewards.

Point of Sale Payments: Companies centered around payment acquirers, providing physical payment solutions for brick-and-mortar businesses and organizations. Examples include mobile point-of-sales (POS) systems and POS innovations (e.g. QR code, palm scanners).

Retail Investing: Companies that provide new ways for consumers to invest in various securities. Examples include theme-based investments, crowdsourced investment expertise, unbiased algorithmic investment advice, and investment social networks.

Small and Medium Business Tools: Companies that offer solutions that help small and medium sized businesses manage their finances. Examples include tools for taxes, payroll, invoicing, and accounting.

We are currently tracking 2,171 Financial Technology companies in 16 categories across 63 countries, with a total of $64 Billion in funding. Click here to learn more about the full Financial Technology startup market report.

Venture Investing in Financial Technology – Q2 2017

The following graphs highlight venture investing trends into the Financial Technology sector. The graphics include data through April 2017.

Fintech Q2 2017 Venture Investing

The above graph compares the total venture funding in each Fintech category to the number of companies in the category. The Consumer Lending category takes the lead in both metrics, with around $19B in funding and about 290 startups.

Fintech Average Funding by Category Q2 2017

The above analysis summarizes the average company funding in each Fintech category. The Consumer Lending category leads the sector with around $95M in average funding per company, followed by the Payments Backend and Business Lending categories.

We are currently tracking 2,171 Financial Technology companies in 16 categories across 63 countries, with a total of $64B in funding. Click here to learn more about the full Financial Technology market report.

Health Technology Market Overview and Innovation Quadrant – Q1 2017

The following post highlights how Venture Scanner categorizes the Health Technology startup landscape, and presents our Innovation Quadrant showing how those categories compare to one another. The data for this post is through April 2017.

Health Technology Logo Map Q1 2017

The above sector map organizes the sector into 22 categories and shows a sampling of companies in each category.

Health Technology Q1 2017 Innovation Qudrant

Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Health Technology categories and how they compare with one another.

  • Heavyweights: These categories are comprised of companies that have reached maturity with significant financing.
  • Established: These categories are comprised of companies that have reached maturity with less financing.
  • Disruptors: These categories are comprised of companies that are less mature with significant financing.
  • Pioneers: These categories are comprised of companies that are less mature with earlier stages of financing.

The definitions of the Health Technology categories are as follows

Clinical Administration and Backend: Companies that help foster management of healthcare-related administrative tasks. Examples include scheduling, patient transfers, billing, and compliance.

Digital Medical Devices & Diagnostics: Companies that manufacture a new generation of IT-enabled medical devices and diagnostic tools for use by doctors and other clinical staff. Examples include tools for use in surgery, monitoring equipment, and detection equipment.

Doctor and Healthcare Service Search: Services that help patients find the right healthcare solutions. Examples include services to search for doctors, healthcare plans, and specialized healthcare.

Doctor Network and Resources: Social services that allow doctors to connect with each other to gain insights and discuss their experiences and expertise. Examples include platforms that allow collaboration across hospitals and social networks that identify and share best practices.

Electronic Health/Medical Records: Services that create and manage EHR/EMR (Electronic Health/Medical Records) to improve efficiency and effectiveness of medical practices. Examples include platforms that provide electronic medical charts, schedules, prescription tracking, and referral letters.

Gamification of Health: Application of game elements to promote behavior-changing health and wellness. Examples include gamification solutions for healthy eating and fitness.

Genomics and Personalized Medicine: Companies that utilize human genome data for analytics and disease prevention. Examples include disease-specific genetic testing, more cost-efficient analytic solutions for healthcare providers, and consumer personalized reports.

Healthcare Marketing and Campaign Management: Services for hospitals, insurance agencies, and other healthcare services to identify and target potential customers. Examples include health care specific CRM platforms.

Healthcare Mobile Communications/Messaging: Mobile communications services dedicated for hospital use by doctors, nurses, and other medical professionals. Examples include secure messaging for doctors, care transition notifications, and shareable notes amongst professionals.

Healthcare Robotics: Companies that create robotics solutions for healthcare. Examples include companies that create robotic prosthetics and robotics solutions for remote patient treatment.

Health Insurance and Payments: Health insurance exchanges, benefits, and patient payment management platforms that focus on providing more efficient workflow and greater transparency. Examples include health insurance marketplaces and platforms to manage and automate health benefits.

IoT Fitness: Companies that create connected devices that track fitness and exercise metrics. Examples include healthy eating trackers, exercise tracking wristbands, and smartphone-controlled shoes.

IoT Health Care: Companies that create connected devices that track health metrics or help improve health well-being. Examples include breathing mobile games, sleep trackers, and pain relief wearables.

Medical Big Data: Big data and analytics for medical applications. Examples include data management, solutions to normalize and link data across different systems, and predictive analytics.

Mobile Fitness/Health Apps: Mobile apps that focus on health and general wellbeing. Examples include apps that keep track of fitness activities, provide structured fitness routines, and provide mindfulness exercises.

Nutrition Innovations: Companies that provide nutrition information, healthy lifestyle plans, and healthy food delivery.

Online Health Communities: Social services among patient groups and medical professionals. Examples include online communities that connect similarly situated patients and platforms where doctors provide generalized medical information.

Online Health Destination Sites: Websites providing health-related information and resources. Examples include symptom checklists, drug information, and resources that discuss more specific issues.

Patient Engagement and Education: Services and platforms that better inform patients about modern medical practices and treatments. Examples include in-hospital multimedia systems and patient relationship management services.

Population Health Management: Services that help manage and analyze patient data across groups of people to create actionable insights for healthcare providers. Examples include population data management, coordinated care across populations, and streamlined reporting on individuals.

Remote Monitoring and Family Care Management: Services that allow families and medical professionals to monitor and manage those in care. Examples include services that provide caregivers to senior citizens as well as alert systems for in-home care.

teleHealth: Services that allow remote treatment and/or consultation between doctors and patients. Examples include solutions that allow patients to video conference their healthcare professionals and/or text/SMS/email for treatment.

We are currently tracking 1,847 Health Technology companies in 22 categories across 58 countries, with a total of $41 Billion in funding. Click here to learn more about the full Health Technology startup market report.

Energy Technology Activity by Selected Investors – Q1 2017

The following graph summarizes investor activity in the Energy Technology space. Please note these graphics are made using data through March 2017.

Energy Technology Q1 2017 Investor Activity

The above analysis summarizes the total number of investment rounds Energy Technology investors participated in, and the number of unique companies funded by selected investors. Kleiner Perkins takes the lead in both metrics. Other large investors include DFJ, NYSERDA, and Khosla Ventures.

We are currently tracking 747 Energy Technology companies in 12 categories across 46 countries, with a total of $46 Billion in funding. Click here to learn more about the full Energy Technology market report.

Internet of Things Market Overview and Innovation Quadrant – Q1 2017

The following post highlights how Venture Scanner categorizes the Internet of Things (IoT) startup landscape, and presents our Innovation Quadrant showing how those categories compare to one another. The data for this post is through April 2017.

IoT Q1 2017 Logo Map

The above sector map organizes the sector into 20 categories and shows a sampling of companies in each category.

IoT Innovation Quadrant Q1 2017

Our Innovation Quadrant provides a snapshot of the average funding and average age for the different IoT categories and how they compare with one another.

  • Heavyweights: These categories are comprised of companies that have reached maturity with significant financing.
  • Established: These categories are comprised of companies that have reached maturity with less financing.
  • Disruptors: These categories are comprised of companies that are less mature with significant financing.
  • Pioneers: These categories are comprised of companies that are less mature with earlier stages of financing.

The definitions of the IoT categories are as follows

IoT Agriculture: Companies that create connected devices to enhance the productivity of the agricultural and farming industries. Examples include livestock software, moisture-sensing technology, and smart irrigation.

IoT Automotive: Companies that enable machine-to-machine communication in the automotive industry. Examples include mobility status sensors, driving habits applications, and vehicle health handhelds.

IoT City and Buildings: Companies that create connected devices to facilitate smart cities or manage the infrastructure of buildings. Examples include urban projection screens, smart building controls, and parking space locators.

IoT Components: Companies that manufacture the internal technologies of IoT hardware systems. Examples include IoT circuit boards and semiconductors.

IoT Drones and Robotics: Companies that create unmanned aerial vehicles that could be controlled through remotes or smartphone apps. Examples include aerial cameras, aerial delivery drones, and ocean data collection robots.

IoT Education and Toys: Companies that produce connected devices that facilitate the education process or those aimed at the kids market. Examples include app-connected toys, programmable bracelets, and computer building kits.

IoT Enterprise: Companies that create connected devices to enhance the productivity of corporate enterprises. Examples include product management solutions, business intelligence platforms, and smart glasses for work.

IoT Fitness: Companies that create connected devices that track fitness and exercise metrics. Examples include healthy eating trackers, exercise tracking wristbands, and smartphone-controlled shoes.

IoT Hardware Platforms: Companies that manufacture finished hardware systems that provide infrastructural support for connected devices. Examples include IoT routers, modems, and device controllers.

IoT Health Care: Companies that create connected devices that track health metrics or help improve health well-being. Examples include breathing mobile games, sleep trackers, and pain relief wearables.

IoT Home: Internet of Things devices focused on the residential real estate segment. Solutions include home security, home automation, and energy management.

IoT Industrial: Companies that create connected devices to enhance the productivity of industrial enterprises such as manufacturing. Examples include industrial data analysis, supply chain management, and factory robots.

IoT Lifestyle and Entertainment: Companies that create connected devices to enhance the overall lifestyle of the user. Examples include connected bikes, outdoor gaming systems, and smart mugs.

IoT Retail: Companies that create connected devices to help with retail stores’ operations. Examples include store beacon solutions, mobile payment solutions, and smart barcode scanners.

IoT Security: Companies that enable data privacy and data encryption. Examples include IoT vulnerability detection, industrial IoT security, and IoT data erasure.

IoT Smart Watches: Companies that create connected watches with sensors and applications. Examples include motion recognition watches, parental control watches, and voice notification watches.

IoT Software Platforms: Companies that build backend software systems that provide infrastructural support for IoT technology. Examples include wireless communication networks and IoT data analytics platforms.

IoT Tags and Jewelry: Companies that create tags, trackers, and smart jewelry that enable one to track items and products. Examples include smart keychains, smart bike tags, and mini GPS devices.

IoT User Interface: Companies that produce connected devices that offer new ways to view and control other devices. Examples include virtual reality systems, vibrating couches, and motion-controlled interfaces.

IoT Utilities and Energy: Companies that produce connected devices that help measure and manage energy and utilities usage. Examples include energy usage monitors, smart sprinklers, and oilfield data management solutions.

We are currently tracking 1,809 IoT companies in 20 categories across 50 countries, with a total of $32 Billion in funding. Click here to learn more about the full Internet of Things market report.