Samsara Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Samsara Strengths, Domain Expertise, and Key Differentiators

Samsara, as a provider of complete Internet of Things (IoT) solutions, integrates hardware, software, and cloud services to deliver real-time visibility, analytics, and artificial intelligence to operational processes. The company's key offerings include Vehicle Telematics, Video-Based Safety, Apps and Driver Workflows, Equipment Monitoring, and Site Visibility. Samsara empowers companies to capture and connect IoT data, enhance safety, reduce costs, and promote sustainability in their operations.

Established in 2015 by Sanjit Biswas and John Bicket, the founders of Meraki, a cloud-managed networking leader now under Cisco Systems, Samsara has become a significant presence in the market. Meraki, known for powering over 2 million networks worldwide, provided the groundwork for Samsara's inception and subsequent expansion.

Samsara Recent Developments

XPO, a North American LTL transportation provider, partnered with Samsara to achieve remarkable efficiency gains. The collaboration led to a 99% reduction in unassigned miles, streamlined inspections, and anticipated annual fuel tax refunds. XPO's commitment to technology and innovation aligned with Samsara's solutions, resulting in significant cost savings and improved operational workflows. The ongoing collaboration focuses on driving continuous enhancements across XPO's operations.

Samsara Mergers and Acquisitions (M&A) Activities

Samsara executed its initial public offering (IPO) on the New York Stock Exchange (NYSE) with the ticker symbol IOT. The IPO, which raised $805 million by selling 35 million shares at $23 each, propelled the company's valuation to over $12 billion. Before the 2021 IPO, Samsara secured substantial financial backing, accumulating $939.4 million in venture capital funding. Key investors in this funding round included Andreessen Horowitz, Tiger Global Management, Dragoneer Investment Group, General Catalyst, General Atlantic, Warburg Pincus, AllianceBernstein, and Raison Asset Management.

Samsara Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Samsara applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Samsara and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Samsara Platform customers.

Samsara Key Enterprise and Cloud Applications

Samsara Platform

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Samsara Direct vs Indirect sales

Samsara Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Samsara Customers

No. of Samsara Customers: 20000

No. of Samsara Enterprise Applications Customers: 20000

No. of Samsara Cloud Customers: 0

No. of Samsara Cloud Subscribers: x

Samsara serves over 20,000 Core Customers, the clientele spans diverse industries relying on physical operations. Notable clients include Delta Constructors, ArcBest, Sherwin-Williams, PODS, and more.

Samsara Market Opportunities, M&A and Geo Expansions

Samsara executed its initial public offering (IPO) on the New York Stock Exchange (NYSE) with the ticker symbol IOT. The IPO, which raised $805 million by selling 35 million shares at $23 each, propelled the company's valuation to over $12 billion. Before the 2021 IPO, Samsara secured substantial financial backing, accumulating $939.4 million in venture capital funding. Key investors in this funding round included Andreessen Horowitz, Tiger Global Management, Dragoneer Investment Group, General Catalyst, General Atlantic, Warburg Pincus, AllianceBernstein, and Raison Asset Management. Samsara concluded the fiscal year with an annual recurring revenue (ARR) surpassing $500 million, demonstrating a remarkable 64% year-over-year growth.

Samsara Risks and Challenges

Samsara has a history of financial losses and, despite recent improvements in its financial performance, it may continue to face challenges in achieving and maintaining consistent profitability. While the company has demonstrated progress in operational efficiency and revenue growth, its path to sustained GAAP profitability remains uncertain. This ongoing risk could impact its ability to invest, expand, or respond to market shifts effectively.

Samsara Ecosystem, Partners, Resellers and SI

Samsara has cultivated a robust partner ecosystem encompassing technology integrations, OEM collaborations, and service providers to enhance its Connected Operations Cloud. The Samsara App Marketplace features over 125 integrations with partners across various domains, including transportation management systems (TMS), maintenance, compliance, and safety. Notable partners include Flipturn, which offers EV charging optimization; Rubicon, providing waste and recycling fleet management solutions; Trucker Tools, enhancing freight visibility; and Driveroo, streamlining fleet maintenance workflows.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: