Helium is an IoT developer platform that provides smart sensors and a related software platform used to evaluate sensory data (temperature, humidity, barometric pressure, light and motion) in the environments in which they are placed, as well as remote visual monitoring.
Helium's decentralized machine network simplifies connecting anything to the internet through a new blockchain, wireless network, and open-source software.
Helium was founded in 2013 by Shawn Fanning, Amir Haleem, and Sean Carey. The company is based in San Francisco, California.
Helium develops sensor device that monitors temperature, humidity, barometric pressure, motion, and light. The device is used in monitoring facilities and quality control in medical products, energy costs, air quality, and temperature for refrigerators.
Helium is a decentralized network of over half a million hotspots that provides bandwidth for, and collects data from, nearby internet-of-things devices.
Helium's Network is live in more than 11,000 cities globally and used to support asset tracking, air and water quality monitoring, and smart infrastructure by partners including Abeeway, Airly, Agulus, Careband, Conserv, Digital Matter, Invoxia, LoneStar, NexMachina, Nobel Systems, NOWi, Barnacle, and others.
Helium is backed by Andreessen Horowitz, Tiger Global, FTX Ventures, FirstMark, Khosla Ventures, GV, Ribbit Capital, 10T Holdings, Alameda Research, Multicoin Capital, Munich Re Ventures, and others. The company raised $200M in Series D round on Feb 18, 2022. This brings Helium's total funding to $364.8M to date. The latest round valued the company at a $2B post-money.