June 22, 2023
VP, Corporate Development and Investor Relations
Samsara is the pioneer of the Connected Operations™ Cloud, the system of record for physical operations. Physical operations is a huge and rapidly growing industry that is just beginning its digitization journey. Currently, it represents more than 40% of global GDP*, and a range of innovative companies are jumping in to support and power this growth. At Samsara, we believe it's time to move even faster.
That's why we're excited to announce Samsara Ventures, our initiative to deepen our commitment to innovation and partner with visionary companies that are building the future of physical operations. As the pioneer of the Connected Operations Cloud, Samsara has proven our unwavering commitment to helping physical operations companies succeed. Now, with Samsara Ventures, we can do even more to improve the safety, efficiency, and sustainability of the organizations who provide the mission-critical infrastructure that keeps the world running. In addition to capital, Samsara Ventures portfolio companies can benefit from three pillars that make up the core of the program:
Mentorship: Valuable insights from Samsara leadership who are invested in your success.
Network: Access to our community of customers, ecosystem partners, and event sponsors who are digitizing physical operations.
Ecosystem: Build and scale solutions in connection with Samsara’s Connected Operations Cloud and serve as a driving force for innovation in the world of physical operations.
Samsara Ventures focuses on global cross-stage investments and has already invested in companies that include:
AtoB: Founded in 2019 and based in San Francisco, AtoB is a fintech startup offering a next-gen fuel card to help businesses control their fuel expenses and prevent fuel fraud.
Bluedot: Bluedot simplifies EV charging payment and expense management for EV drivers and fleets.
Hubble Network: Founded in 2021 and based in Seattle, WA, Hubble operates a satellite network that connects billions of Bluetooth devices worldwide and enables a variety of IoT use cases at a global scale, notably where internet connectivity is scarce or non-existent.
Polymath Robotics: Founded in 2021 and based in San Francisco, California, Polymath Robotics developed an API that enables developers to quickly and seamlessly add autonomous navigation to any large industrial vehicle.
All of our investments are led by innovative founders who also share Samsara’s core value of focusing on customer success. Together, we’re excited to build the future of Connected Operations.
*Internal estimate of 2022 GDP based on analysis of multiple third-party sources.