Skylo - About the company
Skylo is a series C company based in San Mateo (United States), founded in 2017 by , and . It operates as a Provider of a satellite network solution for IoT connectivity. Skylo has raised $183M in funding from investors like Innovation Endeavors, Intel Capital and DCM Ventures. The company has 396 active competitors, including 31 funded and 57 that have exited. Its top competitors include companies like Eutelsat, SES Satellites and SpeedCast.
Company Details
Provider of a satellite network solution for IoT connectivity. It offers a geostationary satellite architecture that provides two-way connectivity. It provides a portable, integrated satellite transceiver and IoT hub that aggregates data from offline sensors and sends that data to the cloud. It also offers a data platform that enables users to access and manage hubs remotely.
- Website
- Social
- Email ID
- @skylo.tech
Key Metrics
Founded Year
2017
Location
San Mateo, United States
Stage
Series C
Total Funding
in 4 rounds
Latest Funding Round
Investors
Ranked
6th among 396 active competitors
Employee Count
as on Dec 31, 2020
Similar Companies
Legal entities associated with Skylo
Skylo is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Jul 22, 2018 | $50.3K (as on Mar 31, 2022) | 235 | 648 | |
Dec 31, 2016 | - | 786 | 130 |
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Skylo's funding and investors
Skylo has raised a total funding of $183M over 4 rounds. Its first funding round was on Dec 2017. Its latest funding round was a Series C round on Feb 27, 2025 for $30M. 6 investors participated in its latest round, which includes Intel Capital, DCM Ventures, Next47 and NGP Capital.
Skylo has 11 institutional investors including Innovation Endeavors, Intel Capital and DCM Ventures.
Here is the list of recent funding rounds of Skylo:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Feb 27, 2025 | $30M | Series C | 3169692 | 1662321 | NGP Capital, Intel Capital, and |
Feb 13, 2024 | $37M | Series C | 2493526 | 3705334 | |
Jan 21, 2020 | $103M | Series B | 2802495 | 3053805 |
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Skylo's founders and board of directors
The founders of Skylo are , and . is the CEO of Skylo. has founded 1 more company - Pumpkin.
View details of Skylo's Founder profiles and Board Members
Skylo's Competitors and alternates
Top competitors of Skylo include Eutelsat, SES Satellites and SpeedCast. Here is the list of Top 10 competitors of Skylo, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Provider of commercial satellite coverage, broadband network, and data connectivity services | - | 80/100 | ||
2nd | SES Satellites 1985, Luxembourg (Luxembourg), Public | Provider of satellite-based communication services | - | Deutsche Bank, Societe GeneraleÌý&²¹³¾±è;Ìý | 75/100 |
3rd | Provider of satellite connection services | - | TA, Argo InvestmentsÌý&²¹³¾±è;Ìý | 70/100 | |
4th |  OneWeb 2012, London (United Kingdom), Acquired | Provider of satellite based communication solutions | $4.93B | Qualcomm Ventures, SoftBank GroupÌý&²¹³¾±è;Ìý | 68/100 |
5th | Iridium Communications 2001, Mclean (United States), Public | Provider of satellite and telecommunication services | - | Herald Investment Management, Ìý&²¹³¾±è;Ìý | 68/100 |
6th | _1579754587143.png?height=40&width=40){kind=logo} 2017, San Mateo (United States), Series C | Provider of a satellite network solution for IoT connectivity | $183M | Intel Capital, DCM VenturesÌý&²¹³¾±è;Ìý | 58/100 |
7th |  Astrocast 2014, Ecublens (Switzerland), Public | Provider of nano-satellites-based IoT and M2M connectivity solutions | $13.4M | Venturelab, Adit VenturesÌý&²¹³¾±è;Ìý | 65/100 |
8th |  Ligado 2001, Reston (United States), Late Stage | Provider of IoT-enabled satellite connectivity solutions | $4.22B | Centerbridge Partners, Ìý&²¹³¾±è;Ìý | 64/100 |
9th | Thuraya 1997, Dubai (United Arab Emirates), Acquired | Provider of mobile satellite communication solutions | - | Dubai Islamic Bank, Dubai InvestmentsÌý&²¹³¾±è;Ìý | 63/100 |
10th | Provider of internet connection to space services | $168M | 62/100 |
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Skylo's Investments and acquisitions
Skylo has made no investments or acquisitions yet.
Reports related to Skylo
Here is the latest report on Skylo's sector:
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News related to Skylo
Media has covered Skylo for a total of 38 events in the last 1 year, 15 of them have been about company updates and 14 about partnerships.
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Business Wire•Feb 27, 2025•Skylo, Intel Capital, BMW i Ventures, Samsung Catalyst Fund and 3 others
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Skylo
When was Skylo founded?
Skylo was founded in 2017.Where is Skylo located?
Skylo is located in San Mateo, United States.Is Skylo a funded company?
Skylo is a funded company, its first funding round was on Dec 2017.When was the latest funding round of Skylo?
Skylo's latest funding round was on Feb 27, 2025.What is the annual revenue of Skylo?
Annual revenue of Skylo is undefined as on undefined.Our Lite Plan Awaits you - Its Free!
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