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Hivecell

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The premiere Platform as a Service for edge computing

Poughkeepsie, United StatesFounded 2008Hosting
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 Hivecell and the history behind them.

About Hivecell

Founded in 2017 by Jeffrey Ricker, Bruce Prophylora, and Matt Wlodarczak, Hivecell aims to address the challenges of deploying and managing machine learning models at the edge. The company's genesis lies in the founders' prior experiences at LQD WiFi, where they encountered the complexities of managing thousands of IoT devices. This firsthand knowledge of the operational hurdles in edge computing directly informed Hivecell's mission.

Hivecell operates in the edge computing market, providing a Platform as a Service (PaaS) that enables companies to run AI and other software applications at the edge, outside of centralized data centers. This approach is particularly beneficial for industries like retail, quick-service restaurants (QSR), and manufacturing, where real-time data processing is critical for operations such as loss prevention, inventory management, and quality control. The business model combines hardware and software into a subscription service, simplifying the financial and operational burden for its clients by eliminating the need for large upfront capital expenditures on IT infrastructure.

The core offering is a fleet of small, powerful, and self-managing servers, known as Hivecell devices. These are deployed at the edge locations of a customer's operations. The platform is designed for scalability and ease of use, allowing for the management of tens of thousands of locations from a single, centralized dashboard. A key feature is the system's ability to operate autonomously; the devices self-heal, update automatically, and require no onsite IT staff for maintenance. This significantly reduces the total cost of ownership and allows organizations to focus on leveraging their data rather than managing infrastructure. Hivecell's solution ensures that machine learning inferences are performed locally, enhancing data security and reducing latency compared to cloud-based alternatives.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2008
Headquarters
Poughkeepsie, United States
Employees
11
Open positions
None listed
Dealroom signal
0.0/100
Industry
Hosting
Sector
Hosting
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Jun 2022 $8.5M $34M Knott Partners · Rose Park Advisors · Scribble Ventures —
SERIES AEquity / VC Sep 2021 $8M $32M Rose Park Advisors —
Showing the latest 2 of 5 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
2020 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Hivecell website traffic

Latest recorded traffic for Hivecell is 570 monthly website visits, down 98.9% over the last three months. Hivecell's team grew 0% over the past year.

Latest monthly visits570 3-month web change-98.9% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Investors

4 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

  • Scribble Ventures

Series A2 investors entered at this stage

  • ICU Ventures
  • Rose Park Advisors

Series B and later1 investor entered at this stage

  • Knott Partners
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
🇺🇸 United States · Poughkeepsie HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

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