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Memfault

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Memfault provides solutions for firmware delivery, monitoring, and diagnostics to consumer electronics businesses

San Francisco, United StatesFounded 2018Other B2B Software
Valuation $100–250M Last recorded · 2025
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 Memfault and the history behind them.

About Memfault

Memfault is a cutting-edge startup specializing in providing comprehensive solutions for firmware management and monitoring. The company operates in the embedded systems market, which includes devices like microcontrollers (MCUs), Android devices, and embedded Linux systems. Memfault's primary clients are developers and companies that create and maintain these embedded systems, ranging from small startups to large enterprises.

The core of Memfault's business is its platform, which offers tools for over-the-air (OTA) updates, release management, and real-time monitoring of embedded devices. This platform allows developers to identify, diagnose, and fix firmware bugs more efficiently, thereby reducing downtime and improving the reliability of their products. Memfault also provides an open-source Software Development Kit (SDK) that supports a wide range of devices and operating systems, making it highly versatile and easy to integrate.

Memfault operates on a Software-as-a-Service (SaaS) business model. This means they offer their platform and tools through a subscription-based service. Clients pay a recurring fee to access Memfault's suite of tools, which includes the web application, cloud API, and various guides and documentation. Additionally, Memfault generates revenue through premium features and services, such as advanced analytics and dedicated customer support.

The company also engages with the developer community through its Interrupt Blog and on-demand webinars, which provide valuable insights and advice on embedded development. This not only helps in building a loyal customer base but also positions Memfault as a thought leader in the embedded systems space.

In summary, Memfault is a specialized provider of firmware management solutions, serving developers and companies in the embedded systems market. It operates on a subscription-based model, offering a versatile platform that simplifies the process of maintaining and updating embedded devices.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2018
Headquarters
San Francisco, United States
Employees
37
Open positions
1
Dealroom signal
60.0/100
Industry
Enterprise Software, Consumer Electronics
Sector
Other B2B Software, Consumer Electronics, Hard Tech, YC W19
Technology
Hardware, IoT InternetOfThings
Business model
Manufacturing, SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jun 2025 $120M $120M Nordic Semiconductor ↗
SERIES B✓Equity / VC Jan 2023 $24M $96M Partech · Uncork Capital · Stripes · 5G Open Innovation Lab ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Memfault website traffic

Latest recorded traffic for Memfault is 64K monthly website visits, up 1.6% over the last three months. Memfault's team declined 27.5% over the past year.

Latest monthly visits64K 3-month web change+1.6% 1-year team growth-27.5%
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

8 investors on the cap table

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

Seed3 investors entered at this stage

Series A3 investors entered at this stage

Other known investors2 additional known investors

  • Nordic Semiconductor
  • Realm Capital Ventures
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
5 countries with
team presence
🇺🇸 United States75.7%
🇩🇪 Germany8.1%
🇬🇧 United Kingdom5.4%
🇳🇱 Netherlands5.4%
🇨🇦 Canada2.7%
5 countries shown

Market sentiment

Posts on X, past 7 days

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