KONUX
Founded 2014 · 98 employees on LinkedIn · 15 known investors
KONUX provides an AI and IoT platform (CoBrix) and monitoring products like KONUX Switch for railway infrastructure, combining sensor data with field observations and inspection reports to predict asset failures and support maintenance planning. It serves rail operators and technology partners with predictive maintenance and asset management tools.
Also known as Konux · KONUX GmbH · KONUX Inc.
Founders & leadership

Investors · 15
Also in the syndicate · 9
Company profile
researched Aug 2026KONUX is a German AI and industrial Internet of Things (IIoT) company headquartered in Munich, with a U.S. entity incorporated in the United States. It combines proprietary sensor hardware with machine-learning analytics to deliver software-as-a-service products for railway infrastructure managers, covering predictive maintenance, network usage and traffic monitoring, and maintenance planning. Its flagship product, KONUX Switch, continuously and autonomously monitors the condition of railway switches and crossings, including components such as the track bed and frog, and forecasts how asset condition will develop so operators can prevent failures and plan interventions.
The product portfolio also includes modular IoT and sensor components for rail and KONUX CoBrix, a modular, federated data and AI platform on which operators and technology partners can develop, integrate and scale rail infrastructure solutions while retaining control of their own data. Recent product functionality includes a dual-layer frog-health model that pairs real-time alerts with an AI-generated Reliability Score predicting failure risk up to four months ahead (trained on more than 4,500 assets and 1.4 million train traces), Asset Notes, which links on-site observations, inspection reports and technician feedback to IoT and AI insights in a unified digital asset record, and Population Correction Models, which normalise sensor readings for variables such as train speed, axle load, crossing angle and sleeper material to improve anomaly detection and reduce false alarms.
The company frames its market rationale around rail sector challenges: demand for rail expected to double by 2050, reliability shortfalls, and industry costs it cites at $170 billion in OPEX, $200 billion in CAPEX and $400 billion in delays, alongside aging infrastructure, disconnected data systems and duplicated innovation efforts across operators and suppliers.
Founding story
KONUX was founded in March 2014 by four Technical University of Munich students from different disciplines — Andreas Kunze (later Andreas Loy), Dennis Humhal, Vlad Lata and Maximilian Hasler — who had met at TUM and developed a system combining sensor data with AI-based analytics to increase the availability of industrial facilities through predictive maintenance. After surveying candidate industries such as energy generation and manufacturing, they concentrated on rail because railway networks worldwide are structurally similar, which made it feasible to design generic solutions and train AI models on asset condition; the first application targeted railway switches and crossings. Two of the founders participated in UnternehmerTUM's Manage and More programme and its business plan course, and UnternehmerTUM became one of KONUX's first investors.
Business model
KONUX sells software-as-a-service subscriptions built on its own AI core, pairing installed IIoT sensor devices on rail assets with cloud-based machine-learning analytics, so customers obtain monitoring and predictive insights without extensive on-premise hardware investment. The CoBrix platform extends the model toward an ecosystem play in which technology partners and operators co-create and scale solutions on shared infrastructure while retaining data control.
Recurring software-as-a-service revenue from railway infrastructure managers, including long-term framework agreements such as the cloud-based SaaS agreement concluded with Deutsche Bahn for switch digitalisation.
Traction
Deployments with Deutsche Bahn since 2015 on the high-speed network; ten international customers in Europe and Asia as of early 2020; more than 650 DB switches digitalised by mid-August 2021 under a long-term framework agreement, extended in 2023 to 3,500 additional assets on DB's busiest routes. Company-reported platform figures include 6,000 assets monitored and 500 million train traces recorded. Employee counts reported range from 71 to approximately 129, within a 51-200 band.
Latest developments
In October 2025 KONUX launched CoBrix, a data intelligence platform intended to let partners co-create rail infrastructure solutions, and in December 2025 announced a partnership with Rail Power Systems on predictive infrastructure maintenance. Product releases include AI-based frog-health Reliability Scores, Asset Notes for capturing field observations alongside sensor data, and Population Correction Models for context-aware anomaly detection. Leadership has changed repeatedly: co-founder Andreas Loy served as interim CEO in late 2023, and Shlomi Hagai was appointed CEO in October 2024, succeeding Andreas Koenig, with Johanna Leisch as COO. A February 2026 company release refers to a reinforced focus on customers and sustainable operations.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
KONUX positions itself as a leading AI scale-up in railway operations and, following its 2021 Series C, described itself as the largest European AI scale-up in sustainable transportation. It was selected by the World Economic Forum in February 2017 as a Technology Pioneer and one of the world's 30 most innovative start-ups and scale-ups, and has won several German and international innovation awards.
The company combines rail domain expertise embedded in predictive AI models trained on years of railway data with its own modular sensor hardware, and offers a federated data platform on which third parties can build while retaining data ownership — positioned against fragmented data systems and duplicated development in the rail supply chain. It describes its approach as combining Silicon Valley digital thinking with German engineering, and its Deutsche Bahn agreement as the operator's first cloud-based SaaS infrastructure project.
Technology
The platform fuses data from configurable, fast-to-deploy IIoT sensor components installed on rail assets with machine-learning models trained on multi-year railway datasets. The company reports 500 million train traces recorded, 240 seasons of data observed worldwide and 6,000 assets monitored. Analytical approaches include population correction models that normalise readings for train speed, axle load, crossing angle and sleeper material to enable context-aware anomaly detection; dual-layer frog-health monitoring combining threshold alerts with a predictive Reliability Score forecasting failure risk up to four months out; and Asset Notes, which integrates field observations and inspection reports with sensor and AI outputs. CoBrix is described as a secure, federated data and AI platform. Listed technology areas include IIoT, AI and sensor fusion.
Go-to-market
Direct enterprise sales to national rail infrastructure managers and maintenance operators, typically starting with switch monitoring deployments that expand into long-term framework agreements, complemented by partner co-creation on the CoBrix platform, published case studies, whitepapers and industry event presence.
Railway infrastructure managers and operators, maintenance organisations and rail technology partners; named customers and users include Deutsche Bahn and Oc'Via Maintenance.
Geography
Headquartered in Munich, Germany, with a U.S. corporate entity (registered in the United States, variously described as Palo Alto, California and Delaware). The company reports activity in ten countries across Europe and the most important Asian rail markets, and states it serves customers worldwide.
History
Following its 2014 founding, KONUX raised a $2 million seed round from Silicon Valley investors led by Splunk founder Michael Baum, with Andreas von Bechtolsheim and New Enterprise Associates participating, then a $7.5 million Series A in 2016 led by MIG Funds and a 2017 extension bringing the Series A to $16 million. Its IoT devices have been deployed on switches in Deutsche Bahn's high-speed network since 2015. A Series B was announced in April 2018 at $20 million and extended by $13 million in February 2019 to a $33 million total, with Alibaba Group joining as a new investor. In 2019 deep tech investor Boundary Holding announced an investment. At the end of 2020 KONUX and Deutsche Bahn concluded what the company describes as DB's first cloud-based SaaS long-term framework agreement for switch digitalisation, and in January 2021 KONUX closed an $80 million Series C led by Sanno Capital with new investor Athos, taking total capital raised past $130 million. By early 2020 the company served ten international customers across Europe and Asia; digitalisation of more than 650 DB switches was completed by mid-August 2021, and in 2023 Deutsche Bahn extended the roll-out to 3,500 additional assets on its busiest routes. In October 2025 the company launched its CoBrix data intelligence platform for partner co-creation, and in December 2025 announced a partnership with Rail Power Systems.
Risks & controversies
Sources indicate frequent turnover in the chief executive role between 2023 and 2024. Revenue concentration is a consideration given the prominence of Deutsche Bahn among disclosed customers, and reported employee counts across sources differ.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
The KONUX mafia →7 people who came through KONUX went on to found or lead other companies.
Timeline · 14
launches, deals, and filingsKONUX launched a data intelligence platform designed to help partners co-create rail infrastructure solutions.
Shlomi Hagai was appointed CEO in October 2024, succeeding Andreas Koenig; Johanna Leisch serves as COO.
Deutsche Bahn placed a further order extending the KONUX roll-out to 3,500 additional assets on its busiest routes.
Co-founder Andreas Loy (formerly Andreas Kunze) took the role of interim CEO in late 2023 before moving to other capacities.
In the initial phase of the Deutsche Bahn framework agreement, KONUX completed the digitalisation of more than 650 switches by mid-August 2021.
KONUX won a Deutsche Bahn tender to monitor the condition of switches; the resulting long-term framework agreement, concluded at the end of 2020, is described as Deutsche Bahn's first cloud-based software-as-a-service infrastructure project.
Global deep tech investment firm Boundary Holding announced an investment in KONUX.
Named by the World Economic Forum as a Technology Pioneer and one of the 30 most important technology start-ups in the world.
Awarded by the Federal Ministry of Transport and Digital Infrastructure.
KONUX IoT devices have been used on switches in Deutsche Bahn's high-speed network since 2015 to increase track network availability and train punctuality.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- KONUXkonux.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does KONUX do?
- KONUX is a Munich-based AI and industrial IoT company providing SaaS predictive maintenance solutions for railway infrastructure.
- Who are KONUX's investors?
- KONUX's investors include Bootstrap Europe, New Enterprise Associates (NEA), Salvia, TechFounders, UVC Partners, Boundary Holding.

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