Tome Software

Tome Software

Tome - software that connects people, products, and tools in the real world, creating a mobile landscape and improving user experiences. Learn more
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DateInvestorsAmountRound
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Seed

$25.0m

Convertible
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N/A

Acquisition
Total FundingAUD38.6m

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Tome Software operates in the Internet of Things (IoT) tech space, specializing in the development of mobility IoT software solutions. The company primarily serves clients in the automotive and transportation sectors, focusing on enhancing vehicle safety and connectivity. Tome's core product leverages Bluetooth 5.0 technology to facilitate Vehicle-to-Vehicle (V2V) messaging, converting sensor data into device dynamics and creating industry-standard Basic Safety Messages (BSMs) from sensors on bicycles, scooters, and rider accessories. This approach allows for the integration of V2V messaging using standard components, eliminating the need for dedicated V2V RF components.

The market Tome operates in is the rapidly growing IoT and mobility sector, which is increasingly focused on smart transportation solutions. The business model is B2B (Business-to-Business), where Tome partners with automotive manufacturers, transportation companies, and other stakeholders in the mobility ecosystem. The company generates revenue through the development and licensing of its software solutions, as well as through strategic partnerships and collaborations.

Tome's leadership team, led by serial entrepreneurs Jake Sigal and Massimo Baldini, brings a wealth of experience and a strong track record of innovation. The company is headquartered in Royal Oak, Michigan, and prides itself on a culture of innovation, encouraging employees to tinker, invent, and push the boundaries of technology.

Keywords: IoT, mobility, V2V messaging, Bluetooth 5.0, vehicle safety, B2B, automotive, transportation, smart transportation, innovation.

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