Microshare

About Microshare

Based in Philadelphia, Microshare operates as a data solutions provider, specializing in Internet of Things (IoT) applications for the built environment. The company was established in 2013 by co-founders Ron Rock (CEO), Tim Panagos (CTO), and Charles Paumelle (CPO). This team possesses a long history of collaboration, having previously founded and managed Knowledge Rules, a FinTech startup acquired by Accenture in 2010, where they designed and implemented systems for major global corporations. Their collective experience in data, security, and enterprise solutions underpins Microshare's approach.

Microshare's core business revolves around its EverSmart product suite, which is delivered via a Software-as-a-Service (SaaS) model. This platform is designed to ingest, normalize, and analyze data from low-power, long-range (LoRaWAN) IoT sensors to generate actionable insights for clients. The company serves a diverse client base across sectors such as commercial real estate, airports, hospitals, hospitality, and pest control, including Fortune 500 and FTSE 100 brands. Revenue is generated by providing these data-driven solutions that enable clients to improve operational efficiency, mitigate risks, and enhance sustainability. For instance, case studies show clients like Zurich Airport and a major UK hospital have used Microshare's technology to achieve cost savings and productivity gains.

The EverSmart solutions address specific operational challenges by creating a 'digital twin' of physical assets, turning buildings and infrastructure into data-producing entities. Products include EverSmart Washroom for monitoring cleanliness and supply levels, EverSmart Leak for detecting water issues, and EverSmart Rodent, which provides 24/7 remote monitoring for pest control operators. These ready-to-deploy solutions utilize an AI-powered engine to deliver alerts on out-of-pattern behavior, allowing staff to respond proactively. The platform is designed for security and privacy, holding SOC 2 certification to ensure data is managed according to strict compliance standards.