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Expeto

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An innovative PaaS solution that enables an enterprise to extend its existing networks with private and public cellular

Vancouver, CanadaFounded 2015Other B2B Software
Valuation $50–100M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Expeto and the history behind them.

About Expeto

Expeto operates in the enterprise mobile networking sector, providing a software platform that delivers business-critical hybrid private and public LTE/5G connectivity. The company serves enterprises across various industry verticals, including mining, manufacturing, and logistics, helping them modernize operations and drive business innovation. Expeto's platform ensures complete visibility and control of connected assets, enhancing security through IoT sensors, CCTV cameras, and drones. The business model revolves around offering a subscription-based service for its connectivity solutions, generating revenue from enterprises seeking to leverage next-generation connected assets for improved safety, efficiency, and operational outcomes. Expeto's team comprises experts in enterprise and mobile networks, dedicated to disrupting the industry and enabling enterprises to achieve their modernization goals.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Vancouver, Canada
Employees
28
Open positions
None listed
Dealroom signal
66.8/100
Industry
Telecom, Enterprise Software
Sector
Other B2B Software, Hard Tech, Startup Luxembourg, DT and LS
Technology
Deep Tech, IoT InternetOfThings
Business model
SaaS
Client focus
b2b

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Jun 2023 $733K — Mining Innovation Commercialization Accelerator ↗
SERIES B✓Equity / VC Dec 2022 $12M $48M Sorenson Capital · Samsung Next · Mistral Venture Partners · 5G Open Innovation Lab ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021 —
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Growth signals

Expeto website traffic

Latest recorded traffic for Expeto is 4.8K monthly website visits, up 471.4% over the last three months. Expeto's team declined 6.7% over the past year.

Latest monthly visits4.8K 3-month web change+471.4% 1-year team growth-6.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Mining Innovation Commercialization Accelerator

Series A7 investors entered at this stage

Other known investors6 additional known investors

  • Canadian Technology Accelerators
  • Dweep Chanana
  • IronGate Capital Advisors
  • Ken Forster
  • Momenta Ventures
  • Tomorrow Street
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇨🇦 Canada75%
🇺🇸 United States20%
🇦🇺 Australia5%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Expeto 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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