Diligence memo · auto-generated · as of July 2, 2026
Iota Communications, Inc.
Iota Communications, Inc. has raised $77M over 7 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Iota Communications, Inc. operates in Telecommunications, based in ALLENTOWN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Iota Communications, Inc. has raised $77M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $73M on 2025-04-07.
Most recent recorded round closed around 2025-04-07.
Valuation (modeled)modeled
Provath models Iota Communications, Inc. at approximately $488M (range $274M–$668M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 22 months.
Last raise 15 mo ago; this sector typically re-raises about every 10 months.
Slightly overdue versus sector cadence.
The last round stepped up 365.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 91% of Telecommunications peers (929 compared).
Modeled value ranks above 91% of those peers.
Closest niche peers: Technology Holdings North America Inc., Mutualink Inc.
Peoplefiled
12 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.