X-TELIA Group Inc.

X-TELIA Group Inc. is a Canadian company that focuses on Internet of Things (IoT) solutions, specializing in advanced infrastructure leveraging LoRa® technology for efficient water management and resource optimization. Founded in 2016 in Longueuil, Canada, X-TELIA Group Inc. offers IoT solutions designed for municipalities and businesses.

The company, co-founded by Anne-Marie Jodoin and Eric Bourbeau, has successfully completed one deal, raising venture funding in June 2019. Eric Bourbeau currently serves as CEO. X-TELIA specializes in Internet of Things (IoT) solutions that utilize LoRa® technology and the LoRaWAN® communication protocol. Their primary offerings include advanced water meter infrastructure (AMI) solutions for wireless meter reading, which enhance operational efficiency and minimize environmental impact.

The company caters to various sectors including smart cities, smart buildings, intelligent agriculture, and industrial IoT (IIoT), primarily serving municipalities and organizations focused on resource optimization across North America and Europe. X-TELIA's revenue model is centered around B2B transactions, where municipalities and businesses subscribe to their IoT services. Clients engage through contracts that encompass installation, maintenance, and data management services. The flagship product, the X-TELIA IoT HUB, generates recurring revenue via service subscriptions, allowing clients to access real-time data.

Pricing is customized based on implementation scale and client requirements, promoting long-term partnerships. X-TELIA plans to utilize funds raised from their most recent deal in June 2019, where they secured an undisclosed amount from Desjardins Capital, to support product development and market expansion. They are focused on designing new IoT solutions tailored for smart city applications. Future growth includes entering additional markets in North America and Europe by 2024, enhancing their offerings and customer base.