Latest round

Series C

Last raised

Dec 2021

Total raised

$96M

Investors

9

About Afero

Afero, Inc.Afero, Inc. was founded in 2014 and is headquartered in Los Altos, US. The company provides an IoT platform that allows manufacturers to develop connected products.Afero offers a comprehensive Internet of Things (IoT) Platform as a Service, enabling manufacturers to create connected devices, including smart home products and intelligent appliances. Its IoT platform features enterprise-grade security, user-friendly interfaces, and customized solutions for various consumer categories.Afero generates revenue through partnerships with manufacturers and retailers, as well as direct-to-consumer sales of its IoT solutions. The company operates on a transactional model, providing subscription-based access to its platform, licensing patented technology, and offering ongoing support for connected devices. The company aims to expand its product offerings and improve its market presence in North America, Europe, and Asia. Upcoming new products are being designed, though specific release dates have not been disclosed.

Who invested in Afero

9 investors across 3 rounds

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Funding rounds

  1. Series C

    Dec 2, 2021

    Amount

    $53M

    Investors

    Locked

  2. Series B

    Jun 15, 2019

    Amount

    $23M

    Investors

    Locked

  3. Series A

    May 18, 2016

    Amount

    $20M

    Investors

    Locked

Questions about Afero

Who invested in Afero?

Afero has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Afero raised?

Afero has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Afero last raise money?

Afero's most recent round on record is a Series C, in Dec 2021.

What does Afero do?

Afero is a internet company.

Where is Afero headquartered?

Afero is headquartered in Los Altos, US.

Which VCs invest in companies like Afero?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Afero's stage. Their profiles are linked below.

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