Fundraising Fox

Hologram

Chicago, US · Founded 2013 · Delaware corporation · 71 employees on LinkedIn · 15 known investors

Hologram provides global IoT connectivity solutions that simplify device management and reduce costs for businesses deploying internet-connected devices across multiple countries. The platform offers real-time monitoring, carrier failover, and unified dashboard management across 190+ countries.

Also known as Hologram, Inc.

Founders & leadership

Hologram was founded in 2013 by Benjamin Forgan and Patrick Wilbur.

BF
Benjamin ForganCo-founder
PWPatrick Wilbur
Patrick WilburCo-founder
AR
Anne RosenNamed on SEC filing

Board

NSNick Solaro
Nick Solaroin𝕏Board directorPartner at Drive Capital

Investors · 15

Also in the syndicate · 1

Mindset Ventures

Reported raises · per SEC filings

Form D private placements

$78.3M disclosed across 1 of 2 rounds · 2021

$78.3MraisedAug 2021 · 10 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Benjamin ForganExecutive Officer, Director
  • Patrick WilburExecutive Officer, Director
  • Anne RosenExecutive Officer
  • Nick SolaroDirector
Offering amount
$86M
Amount sold
$78.3M
First sale
Aug 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Hologram, Inc. operates a cellular connectivity platform for Internet of Things devices, allowing companies to deploy and manage fleets of connected devices internationally without negotiating individual carrier contracts. Its core offering is a global SIM product (marketed as the Hyper SIM) that is provisioned over the air and automatically attaches to the strongest available network across more than 550 carrier partners in 190+ countries and territories. The SIM is paired with a management layer covering SIM provisioning and lifecycle actions (pause, resume, tag, messaging), real-time fleet monitoring, data-usage reporting, billing and organization/user permissions, delivered through a web dashboard and a REST API.

The product line includes Outage Protection, built on two independent mobile cores so a fleet fails over automatically if one core goes down, backed by a 99.95% uptime SLA for contracted accounts; Conductor, which applies policy-based automation for profile switching, routing, provisioning and bulk recovery across a fleet; pre-deployment configuration testing; low-bandwidth options such as NB-IoT and LTE-M for battery-constrained devices; and eSIM and satellite offerings. Security features include private APNs, VPN tunnels, network segmentation, multi-layer firewalls and end-to-end encryption, with SOC 2, GSMA SAS and GDPR compliance claimed. Hologram markets to verticals including retail, hospitality, smart agriculture, manufacturing, video and telematics, healthcare, logistics, smart buildings, energy, asset tracking, entertainment and smart cities, and cites customers such as Verkada, Farmer's Fridge, Cloud Monitoring and Sunday Power.

Founding story

Ben Forgan and Pat Wilbur, the latter described as a cybersecurity expert, launched Hologram in 2014 with the stated aim of reducing the complexity and cost of connecting IoT devices globally.

Business model

Hologram sells cellular connectivity and associated management software to businesses deploying IoT devices, distributing SIM cards and eSIM profiles through an online store and self-serve signup as well as a direct sales channel for contracted accounts, which also receive dedicated/phone support and the contractual uptime SLA.

Usage-based pricing for cellular data described by the company as transparent, with configurable data limits and usage alerts; contracted accounts receive premium support and SLA commitments.

Traction

Company-reported figures include 6,000+ customers, 550+ carriers, 190+ countries and territories covered, 3TB+ of data transmitted daily and 100% historical uptime; an earlier about-page figure cited over 5,000 customers and more than 2TB per day. Named customers include Verkada, Farmer's Fridge, Cloud Monitoring and Sunday Power.

Latest developments

The company's current site markets Conductor fleet automation, Outage Protection with dual mobile cores and a 99.95% contracted uptime SLA, plus eSIM and satellite connectivity options, and reports SOC 2, GSMA SAS and GDPR compliance.

Full profile — market position, technology, go-to-market, geography, history

Market position

A cellular IoT connectivity provider reporting 6,000+ customers, 550+ carrier partners and 3TB+ of data transmitted daily; earlier company materials from 2021 cited more than 470 carriers in 200 countries and use by thousands of businesses across six continents. The company was a winner of the 2020 Chicago Innovation Awards.

Hologram positions itself on a single SIM and single platform covering 190+ countries with no carrier lock-in, and states it offers the industry's only contractually backed uptime SLA (99.95%), delivered through dual independent mobile cores rather than IMSI switching alone. It reports 100% historical uptime and claims customers reach market three times faster and cut connectivity costs by half.

Technology

A multi-carrier cellular platform built around an over-the-air provisioned global SIM that selects the strongest available network, two independent mobile cores for automatic failover, the Conductor policy automation engine for profile switching, routing, provisioning and bulk recovery, a real-time fleet monitoring dashboard, a REST API, and network security controls including private APNs, VPN tunnels, segmentation, multi-layer firewalls and end-to-end encryption in which Hologram states it has no access to device data in transit. Low-power network options include NB-IoT and LTE-M, alongside eSIM and satellite connectivity.

Go-to-market

Combination of self-serve free signup and online SIM ordering with a direct enterprise sales motion ("contact sales"), supported by developer documentation, a REST API, GitHub presence, customer stories, blog, webinars and e-books.

Businesses deploying connected devices at scales from prototype to millions of units, across retail, healthcare, hospitality, logistics, smart agriculture, smart buildings, entertainment, energy, manufacturing, asset tracking, video/telematics and smart cities; the company reports 6,000+ customers.

Geography

Headquartered at 167 N. Green St., Suite 1000, Chicago, Illinois 60607, with connectivity coverage in 190+ countries and territories via 550+ carriers; 2021 materials described customers across six continents.

History

Founded in 2014 by co-founders Ben Forgan (CEO) and Pat Wilbur, Hologram grew from an internal project into a connectivity provider serving thousands of businesses. It won a 2020 Chicago Innovation Award and in August 2021 its co-founders joined other award winners in ringing the Nasdaq closing bell. Following a Series B round led by Tiger Global, the company said it planned to triple its team and further develop its connectivity management technology; in November 2021 it closed an additional $6.8 million allocation to underrepresented angel and venture investors, finalizing a $67 million Series B.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Carrier partnersJan 2026$550
Countries and territories coveredJan 2026190
CustomersJan 20266,000 customers
Data transmitted dailyJan 20263 TB per day
Historical uptimeJan 2026100%
Preferred shareholders who are women and/or people of colorNov 202125%
Uptime SLAJan 2026100%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

7 people who came through Hologram went on to found or lead other companies.

Competitors · 10

by search overlap
Emnify746 shared keywordsemnify provides cloud-based cellular connectivity for IoT devices, offering SIM cards and a platform for managing and integrating device connectivity. Its services include cloud integrations such as Intra Cloud Connect via AWS Transit Gateway aimed at businesses deploying connected devices at scale.
1NCE566 shared keywords1NCE provides managed connectivity services for low-bandwidth IoT applications through SIM cards and IoT modules. The company offers a flat-rate pricing model for global IoT device connectivity, supporting multiple radio standards and serving over 30,000 customers worldwide.
Zipit Wireless560 shared keywordsZipit provides cloud-based platforms for cellular IoT connectivity management and subscription billing enablement, working with major carrier networks. It serves OEMs, including Fortune 500 companies and startups, to launch and manage connected device solutions with wireless connectivity.
Onomondo523 shared keywordsOnomondo provides cellular IoT connectivity through a network built specifically for IoT, offering global coverage, cloud integrations, and SIM/eSIM options for businesses. It positions its connectivity as a reliable, easy-to-use tool for companies deploying connected devices.
Telit505 shared keywordsTelit designs and manufactures telecommunications terminal equipment and M2M (machine-to-machine) modules for industrial and IoT applications. The company serves customers globally and operates under strict quality, environmental, and security compliance standards.
Cavli Wireless499 shared keywordsCavli Wireless provides end-to-end IoT solutions including cellular IoT modules (LPWAN, LTE Cat 1/1bis/Cat 4, 5G), integrated eSIM connectivity, and device management software such as its Hubble platform for FOTA/DFOTA and remote SIM management. It serves businesses deploying connected devices across industries, with hardware manufactured in India for Western markets.
telnyx489 shared keywordsTelnyx operates a full-stack communications platform that owns its own global carrier network, enabling real-time voice AI, messaging, and inference without intermediary handoffs. The company serves enterprises requiring deterministic routing, reduced latency, and compliance-by-default infrastructure for AI agents.
Wireless Logic423 shared keywordsWireless Logic is a global IoT connectivity provider that helps businesses deploy, manage, and scale connected devices across cellular and satellite networks in over 25 countries, managing around 20 million connections. It serves enterprises and startups across sectors such as transport and logistics, energy and utilities, healthcare, industrial automation, and retail.
Eseye389 shared keywordsEseye provides global IoT connectivity through its AnyNet+ eSIM, Infinity/Integra platforms, connectivity management, eSIM orchestration, and plug-and-play IoT routers, covering 800+ networks across 190+ countries. It serves enterprises deploying connected devices worldwide and mobile network operators/CSPs launching IoT services.
ArrowPoint329 shared keywordsCisco provides networking, data center, and security technology for enterprises, including infrastructure to run traditional and AI workloads and tools to keep organizations running against cyberattacks and outages. Its platform connects networking devices and monitors security events across corporate networks.

Companies competing with Hologram for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 3

launches, deals, and filings
Nov 2021
Hologram closes $6.8M raise from underrepresented investors, finalizing $67M Series B

Hologram announced a $6.8 million capital raise allocated to underrepresented venture and angel investors, 36% above its $5 million goal, adding nineteen new investors including Founders Circle Capital, Mindset Ventures, Chingona Ventures and Converge. The round finalized Hologram's $67 million Series B and raised preferred shareholders to more than 25% women and/or people of color.

$6.8M source ↗

Aug 2021
Co-founders ring Nasdaq closing bell with Chicago Innovation Award winners

As a winner of the 2020 Chicago Innovation Awards, Hologram's co-founders joined other winners in New York City to ring the closing bell of the Nasdaq Stock Market.

source ↗

Jan 2021
Series B led by Tiger Global

Hologram referenced a Series B raise led by Tiger Global, after which it said it planned to triple the size of its team and further develop its connectivity management technology.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
HologramDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Hologram do?
Hologram is a Chicago-based cellular IoT connectivity platform offering a global SIM, fleet management dashboard and API.
Who founded Hologram?
Hologram was founded by Benjamin Forgan, Patrick Wilbur in 2013.
Who are Hologram's investors?
Hologram's investors include Bullpen Capital, Capital Midwest Fund, Converge, Drive Capital, Founders Circle Capital, Gutbrain Ventures, Hypothesis, Mindset Venture and 6 more.
How much funding has Hologram raised?
Hologram has disclosed $78.3M raised across 1 of its 2 known rounds.
Where is Hologram headquartered?
Hologram is headquartered in Chicago, US.