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IoTeX

Cybersecurity · Menlo Park, United States · Founded 2017

Iotex aims to build a decentralized network for Internet of Things(IoT), powered by a scalable privacy-centric blockchain MoreLess

IoTeX is a pioneering blockchain company focused on creating secure and scalable infrastructures that bridge the gap between the physical and digital worlds. Initially established as a Layer 1 blockchain, IoTeX has expanded its vision by spearheading the development of Decentralized Physical Infrastructure Networks (DePINs). These networks leverage decentralized privacy protocols, on-chain incentives, and signature hardware to rapidly scale and provide robust solutions for data authentication and sharing.

IoTeX serves a diverse range of clients, including developers, enterprises, and innovators looking to build on a secure and scalable blockchain platform. The company operates in the blockchain and decentralized technology market, offering a full stack of DePIN optimized modules that can be deployed in full or integrated into existing frameworks. This modular infrastructure allows businesses to seamlessly scale their operations across multiple blockchains.

The business model of IoTeX revolves around providing blockchain solutions and infrastructure that enable secure data sharing and interoperability. The company generates revenue through various channels, including transaction fees, service subscriptions, and partnerships with other blockchain projects and enterprises.

Keywords: blockchain, DePIN, decentralized, privacy protocol, data authentication, scalable infrastructure, interoperability, Layer 1, on-chain incentives, modular infrastructure.

Talent graph

IoTeX's talent

Book a demo to see the people
Team profiled 13 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.

Investors

9 investors on IoTeX's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Seed 4 investors entered at this stage
Draper Dragon
8 Decimal Capital
BlockVC
Goodwater Capital
Series A 5 investors entered at this stage
Borderless Capital
SNZ Holding
Foresight Ventures
FutureMoney Group
Animoca Brands

Global footprint

Where IoTeX has talent and traffic

Workforce by country
14 countries with
team presence
🇺🇸 United States38.6%
🇳🇬 Nigeria15.9%
🇨🇳 China11.4%
🇻🇳 Vietnam6.8%
🇨🇦 Canada4.5%
Top 5 of 14 shown

Market sentiment

What the market is saying about IoTeX

An AI-synthesized read of the highest-engagement posts about IoTeX on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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

See IoTeX on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.