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Afero
IoT platform for developing cloud-connected devices in any industry.
About Afero
Afero.io is a technology startup that specializes in providing secure, efficient, and cost-effective solutions for connecting devices to the internet, a concept known as the Internet of Things (IoT). The company's patented technology serves a wide range of clients, from large corporations to individual consumers, and is designed to handle both stationary and mobile devices.
Afero's business model revolves around its IoT platform, which allows for rapid, secure, and scalable connectivity. This platform is particularly beneficial for businesses looking to integrate IoT technology into their products, as it simplifies the process of connecting these products to the internet and managing them remotely.
One of Afero's notable successes is its partnership with Home Depot on the Hubspace Smart Home platform. This platform makes it easier for consumers to set up and manage smart home products, such as door locks and lighting controls, and is compatible with voice-controlled operating systems.
In addition to its IoT platform, Afero also offers AI capabilities. The company uses AI to enhance connectivity, improve security, and make data more actionable. This means that the data collected by IoT devices can be analyzed and used to make informed decisions.
Afero's revenue comes from businesses that use its platform to connect their products to the internet. The company also has a significant intellectual property portfolio, with the 5th largest number of IoT patents, which provides another potential revenue stream.
In summary, Afero is a promising startup in the IoT space, offering secure, scalable, and user-friendly solutions for businesses and consumers alike.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Dec 2021 | $50M | $200M | Crosspoint Capital Partners | ↗ |
| SERIES BOther financing | Jun 2019 | $23M | $92M | Mistletoe | — |
Growth signals
Latest recorded traffic for Afero is 5.4K monthly website visits, up 107.7% over the last three months. Afero's team grew 4.1% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
Samsung Strategy & Innovation Center
Robert Dobkin
Pegasus Tech Ventures
Visionnaire Ventures
SoftBank
Samsung Catalyst Fund
Mistletoe
Series B and later1 investor entered at this stage
Crosspoint Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Afero on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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