Ludovic Le Moan was born in Le Havre on 1 November 1963. He earned a vocational CAP as a turner-miller, moved on to a classe préparatoire and graduated from ENSIMAG in Grenoble in 1988. He then worked as a software developer in Toulouse and ran the local agency of Coframi until 2000.
In 2000 he founded Anyware Technologies, a machine-to-machine company, which Wavecom bought eight years later. His mobile content startup Goojet was later absorbed by Scoop.it. In 2010 he and Christophe Fourtet founded Sigfox near Toulouse to run a low-power network for objects that send a few messages a day.
Sigfox raised about $308 million in total from backers including Salesforce, Intel, Samsung, NTT, SK Telecom, Total and Air Liquide. It was valued at about €600 million in November 2016 and reached €60 million in revenue in 2019. In 2018 it said it had about 2.5 million real connections, against the 7 to 10 million it had cited earlier.
It sold its German network in late 2020 and carried debt of about €150 million at the end of that year. Le Moan stepped down as CEO in February 2021 and Jérémy Prince replaced him. Sigfox entered receivership on 26 January 2022 and UnaBiz took it over in April 2022 for about €25 million.