Hoopo

Hoopo

The developer of a GPS-independent geolocation solution for IoT networks and sensors.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-7 %64 %86 %
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

More about Hoopo
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Hoopo is a technology company specializing in low power wide area (LPWA) tracking solutions designed to enhance logistics operations. The company serves a diverse range of clients, including those managing ground support equipment (GSE), trailers, and roll-off dumpsters. Operating in the logistics and supply chain market, Hoopo's business model revolves around providing end-to-end tracking and monitoring solutions that integrate seamlessly with existing management systems. The company generates revenue through the sale of its proprietary tracking technology, which is powered by advanced algorithms that switch between various communication networks to ensure continuous connectivity and maximum power efficiency. This results in extended battery life and reduced ownership costs for clients. Hoopo's platform is highly configurable, offering multiple operating modes and behavioral configurations to meet specific operational needs. By providing real-time insights into asset behavior, Hoopo enables clients to make data-driven decisions for proactive management and operational optimization.

Keywords: LPWA, logistics, tracking solutions, smart algorithms, multi-technology, power efficiency, real-time insights, asset management, supply chain, operational optimization.

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