IQ Labs is a technology company.
IQ Labs has raised $12.0M across 1 funding round.
IQ Labs has raised $12.0M in total across 1 funding round.
IQ Labs (iqlabs.io) is a full-stack IoT development and manufacturing company specializing in engineered IoT solutions, smart manufacturing, and digital engineering for small, medium, and large enterprises.[1][3] It builds hardware-software integrated products that enable innovative, sustainable, and safer outcomes across the engineering lifecycle, serving clients worldwide with services from concept to production, including IoT devices, apps, and cloud infrastructure.[1][3] The company solves complex product puzzles in digital transformation by providing a one-point contact for manufacturing needs, with metrics highlighting deployed IoT devices, app users, and cloud setups, though exact figures are not specified.[1]
Founded around 2010 or earlier, IQ Labs has demonstrated growth through a decade of global projects and a leadership team driving full-stack IoT expertise.[1][3]
IQ Labs emerged as a provider of IoT solutions and smart manufacturing, with operations spanning over a decade since at least 2010 as full-stack IoT developers and manufacturers.[1][3] The company was co-founded by Bharath Balraj (CEO), Anvith Mahabalagiri (CIO), Adarsha Sreeramareddy (CTO), and includes Gnaneswar Ikkurthi as COO, bringing coordinated teamwork to solve client product challenges from planning to delivery.[3] Early traction built on a track record of worldwide projects creating sustainable products, evolving into a trusted IoT partner that integrates hardware and software to improve manufacturing status quo.[1][3] Pivotal moments include establishing expertise across the engineering lifecycle, positioning it as a navigator for clients' digital transformations.[1]
IQ Labs rides the IoT and smart manufacturing wave, capitalizing on the convergence of hardware, software, and cloud for Industry 4.0 transformations amid rising demand for digital enterprise solutions.[1][3] Timing aligns with global pushes for sustainable, efficient manufacturing post-2010, fueled by market forces like IoT proliferation (billions of devices) and supply chain digitization.[1] It influences the ecosystem by enabling enterprises to prototype and scale IoT products rapidly, fostering innovation in sectors like smart factories and connected devices, while differentiating through integrated services that reduce fragmentation in engineering workflows.[1][3]
IQ Labs is poised to expand in the exploding IoT market, leveraging its full-stack model to capture growth in edge computing, AI-integrated devices, and sustainable manufacturing.[1][3] Trends like 5G rollout, AIoT (AI + IoT), and green tech regulations will shape its trajectory, potentially boosting metrics in devices and users as enterprises prioritize resilient supply chains. Its influence may evolve by deepening global partnerships and R&D in safer, smarter products, solidifying its role as a key enabler in digital transformation—starting from its core strength in bridging hardware-software gaps for enterprise scale.[1][3]
IQ Labs has raised $12.0M in total across 1 funding round.
IQ Labs's investors include CrunchFund, Crypto.com Capital, Ali Tamaseb, Dragonfly Capital Partners, Electric Capital, Polychain Capital, The Hit Forge, Do Kwon, Gokul Rajaram.
IQ Labs has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Seed in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $12.0M Seed | CrunchFund, Crypto.com Capital, Ali Tamaseb, Dragonfly Capital Partners, Electric Capital, Polychain Capital, The Hit Forge, Do Kwon, Gokul Rajaram |