Loctio operates as an information technology company that provides cloud location-based services for IoT enabled devices. Its cloud infrastructure, which is deployed into Amazon Web Services, provides location estimation services in a Location as a Service (LaaS) model for IoT devices. It serves applications in the logistics chain, such as asset tracking, shipping, multimodal logistics, livestock monitoring, public safety, precision farming, and wearables. The company was founded in 2019 and is based in Athens, Greece with additional locations in Barcelona, Spain; and Tokyo, Japan.