Insights

Growing Investment Balena has recently secured a significant growth investment from LoneTree Capital, indicating strong market potential and increased resources to expand its IoT and edge computing solutions, providing opportunities for sales teams to explore increased outreach efforts.

Diverse Industry Applications The company's ventures extend beyond traditional IoT, including collaborations in fashion and footwear with biodegradable plastics and 3D-printed products, opening avenues for cross-industry partnerships and customized solutions tailored to sustainability-focused clients.

Environmental Innovation Balena's focus on eco-friendly products like biodegradable slides and circular systems positions it as a leader in sustainable materials, which can attract environmentally conscious clients seeking to reduce their carbon footprint through innovative IoT-enabled sustainable practices.

Market Competitors Balena operates in a competitive landscape with players like Memfault and cloud giants offering device management solutions, emphasizing opportunities to position its unique combination of fleet management and sustainable material integration to differentiate in the IoT ecosystem.

Revenue and Funding With an estimated revenue between 10 to 25 million dollars and recent funding of 14 million dollars, Balena demonstrates financial stability and growth, making it an attractive partner or vendor for enterprise-scale IoT deployments and sustainable technology initiatives.

balena Tech Stack

balena uses 8 technology products and services including Xero, Facebook Pixel, Kubernetes, and more. Explore balena's tech stack below.

  • Xero
    Accounting
  • Facebook Pixel
    Analytics
  • Kubernetes
    Containerization
  • Ghost
    Content Management System
  • Emotion
    Javascript Frameworks
  • JavaScript
    Programming Languages
  • Cloudflare Rocket Loader
    Web Accelerators
  • Facebook
    Widgets

Media & News

balena's Email Address Formats

balena uses at least 1 format(s):
balena Email FormatsExamplePercentage
First@balena.ioJohn@balena.io
47%
First.Last@balena.ioJohn.Doe@balena.io
5%
FLast@balena.ioJDoe@balena.io
1%
First@balena.ioJohn@balena.io
47%

Frequently Asked Questions

Where is balena's headquarters located?

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balena's main headquarters is located at 1620 Broadway, Suite 206. The company has employees across 5 continents, including EuropeNorth AmericaAsia.

What is balena's official website and social media links?

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balena's official website is balena.io and has social profiles on LinkedInCrunchbase.

What is balena's NAICS code?

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balena's NAICS code is 5112 - Software Publishers.

How many employees does balena have currently?

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As of January 2026, balena has approximately 75 employees across 5 continents, including EuropeNorth AmericaAsia. Key team members include Founder / Senior Software Engineer: P. G.Co-Chief Executive Officer: K. M.Co-Chief Executive Officer: P. W.. Explore balena's employee directory with LeadIQ.

What industry does balena belong to?

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balena operates in the Embedded Software Products industry.

What technology does balena use?

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balena's tech stack includes XeroFacebook PixelKubernetesGhostEmotionJavaScriptCloudflare Rocket LoaderFacebook.

What is balena's email format?

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balena's email format typically follows the pattern of First@balena.io. Find more balena email formats with LeadIQ.

How much funding has balena raised to date?

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As of January 2026, balena has raised $14M in funding. The last funding round occurred on Jul 24, 2019 for $14M.

When was balena founded?

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balena was founded in 2013.

balena

Embedded Software ProductsWashington, United States51-200 Employees

Balena is a complete set of tools for building, deploying, and managing fleets of connected Linux devices. We provide infrastructure and tools for fleet owners so they can focus on developing their applications and growing their fleets with as little friction as possible.

Our tools are designed to work well together as a platform, but you can also pick and choose the components you need for your project, and adapt them to your particular use case. We know that no two IoT projects are the same and there is no one-size-fits-all solution.

All your devices and their running services can be managed, monitored, and updated through the web dashboard, or through our API via the CLI and SDK.

We’ve solved the hard problems so you as the fleet owner can focus on your application, not your infrastructure.

Section iconCompany Overview

Headquarters
1620 Broadway, Suite 206
Website
balena.io
NAICS Code
5112 - Software Publishers
Founded
2013
Employees
51-200

Section iconFunding & Financials

  • $14M

    balena has raised a total of $14M of funding over 5 rounds. Their latest funding round was raised on Jul 24, 2019 in the amount of $14M.

  • $10M$25M

    balena's revenue is estimated to be in the range of $10M$25M

Section iconFunding & Financials

  • $14M

    balena has raised a total of $14M of funding over 5 rounds. Their latest funding round was raised on Jul 24, 2019 in the amount of $14M.

  • $10M$25M

    balena's revenue is estimated to be in the range of $10M$25M

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