FundedIQ
Hardware

Andorix: Funding, Investors & Team (Sep 2026)

Digital Infrastructure Services for IoT, Industrial IoT, Smart Building Automation, and 5G

www.andorix.com LinkedIn Toronto, Canada 11-50 employees
Telecommunications Wired Telecommunications Wireless
Total raised
$40.0M
Rounds
1
Latest
Undisclosed round
Aug 2023

Andorix has raised $40.0M across 1 funding round on record, the most recent an undisclosed round of $40.0M announced in Aug 2023.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

Andorix Company Profile and Key Stats

Total funding raised
$40.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$40.0M in Aug 2023
Employees
11-50
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Aug 2023.

Andorix Funding Rounds

Date
Round
Amount
Undisclosed round
$40.0M

Andorix Founders and Leadership Team

Name
Role
Contact
Wayne Kim
CEO

No contact details are on record for this team yet.

Andorix Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
3,090
$2.2M

Andorix's latest round of $40.0M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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Andorix Funding FAQs

What does Andorix do?

Digital Infrastructure Services for IoT, Industrial IoT, Smart Building Automation, and 5G

How much funding has Andorix raised?

Andorix has raised $40.0M across 1 round on record. The most recent is an undisclosed round of $40.0M announced in Aug 2023.

When did Andorix last raise funding?

Andorix's most recent funding round on record is an undisclosed round of $40.0M, announced in Aug 2023.

Who is the CEO of Andorix?

Wayne Kim is listed as CEO at Andorix.

Where is Andorix headquartered?

Andorix is based in Toronto, Ontario, Canada.

How many employees does Andorix have?

Andorix is in the 11-50 employee band.

How does Andorix's funding compare to other Hardware startups?

Andorix's latest round of $40.0M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's Andorix Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Andorix is left off this page rather than filled in.

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