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Company profile: Sonim

1.1 - Company Overview

Sonim Logo

Sonim

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of rugged mobile devices and communication solutions for demanding environments, offering durable smartphones and feature phones for industries such as construction, manufacturing, and public safety. Products include XP8, XP5plus, and XP3plus, plus SonimWare software with SCOUT for device management and SCAN for barcode scanning.

Products and services

  • SonimWare: A software-based suite delivering tools, applications, and utilities to improve device management and productivity across Sonim deployments in demanding environments
  • Sonim XP8: A FirstNet-compatible rugged smartphone engineered for demanding environments, featuring push-to-talk capabilities for public safety communications and field use
  • Sonim SCAN: A 1D/2D-capable application that turns Sonim smartphones into barcode scanners capable of scanning 1D and 2D barcodes

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Sonim

Beyerdynamic Logo

Beyerdynamic

HQ: Germany Website
  • Description: Provider of innovative audio products made and developed in Germany; a world-leading manufacturer of headphones, microphones, and conference systems, with origins in 1924 building cinema speakers.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Beyerdynamic company profile →
Tylt Logo

Tylt

HQ: United States Website
  • Description: Provider of smart device charging accessories, including hydration bottles that double as power banks and Bluetooth speaker bottles that maintain beverage temperature, and magnetic wireless chargers: MagSafe-compatible multi-device chargers (requires additional watch charger), iPhone and AirPods chargers up to 15W with compatibility with most cases, and chargers with built-in stands.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Tylt company profile →
ElecJet Logo

ElecJet

HQ: United States Website
  • Description: Provider of super fast charging solutions using the latest USB C PD and Graphene Battery technology.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full ElecJet company profile →
Apple Logo

Apple

HQ: United States Website
  • Description: Provider of mobile communication and media devices, personal computers, and portable digital music players, plus related software, services, peripherals, networking solutions, and third-party digital content and applications. Products include iPhone, Mac, iPad, Apple Watch, AirPods, and Apple TV.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Apple company profile →
JBL Logo

JBL

HQ: United States Website
  • Description: Provider of audio equipment for consumers, the entertainment industry, and the automotive industry, leveraging decades of experience building speakers and other gear for concert halls and public venues; a unit of Harman International Industries.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full JBL company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Sonim

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Sonim

2.2 - Growth funds investing in similar companies to Sonim

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4 - Top valuation comps for Sonim

4.2 - Public trading comparable groups for Sonim

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4.3 - M&A Transactions similar to Sonim

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Sonim

What does Sonim do?

Sonim is a provider of rugged mobile devices and communication solutions for demanding environments, offering durable smartphones and feature phones for industries such as construction, manufacturing, and public safety. Products include XP8, XP5plus, and XP3plus, plus SonimWare software with SCOUT for device management and SCAN for barcode scanning.

Who are Sonim's competitors?

Sonim's competitors and similar companies include Beyerdynamic, Tylt, ElecJet, Apple, and JBL.

Where is Sonim headquartered?

Sonim is headquartered in United States.

How many employees does Sonim have?

Sonim has 1,000 employees 🔒.

When was Sonim founded?

Sonim was founded in 2010 🔒.

What sector and industry vertical is Sonim in?

Sonim is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Sonim

Who are the top strategic acquirers in Sonim's sector and industry

Top strategic M&A buyers and acquirers in Sonim's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Sonim?

Top strategic M&A buyers groups and sectors for Sonim include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in Sonim's sector and industry vertical

Which are the top PE firms investing in Sonim's sector and industry vertical?

Top PE firms investing in Sonim's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Sonim's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Sonim's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Sonim's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Sonim include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Sonim's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Sonim?

The key public trading comparables and valuation benchmarks for Sonim include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Sonim for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Sonim with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Sonim's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Sonim with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Sonim's' sector and industry vertical?

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