# Esper Enterprises

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/esper-enterprises

- Industry: Internet
- Headquarters: Bellevue, US
- Website: www.esper.io
- Total disclosed funding: $101M
- Latest round: Series C (Oct 4, 2021)
- Investors on record: 7

## About

Esper Enterprises Inc. specializes in mobile device management solutions, providing businesses with essential tools to efficiently manage and deploy dedicated devices across various sectors, including retail and healthcare.Founded in 2017 and headquartered in Bellevue, US, Esper Enterprises Inc. is dedicated to delivering comprehensive mobile device management solutions. The company has completed a total of 4 deals, with the most recent deal occurring on October 4, 2021. In this Series C round, Esper raised USD 60.00 mn led by Insight Partners, with participation from Madrona Venture Group, Root Ventures, and Scale Venture Partners. The firm is led by CEO Yadhu Gopalan, and was founded by Shiv Sundar.Esper provides a comprehensive suite of mobile device management (MDM) solutions tailored for Android and iOS platforms. Their core offerings, including Esper Genesis, Esper Bridge, and Esper Architect, empower businesses to efficiently manage fleets of dedicated devices such as POS systems and digital kiosks. Esper Genesis aims at small businesses to simplify device management and policy enforcement, while Esper Bridge and Architect cater to larger enterprises with advanced app deployment, geofencing, and integration capabilities through APIs. The solutions effectively streamline operations and enhance user experiences across sectors like hospitality, retail, and healthcare, with a customer base that includes Taco Bell and Intelity. Esper operates globally, with products utilized in North America, Europe, and Asia-Pacific regions.Esper generates revenue primarily through subscription-based transactions, where clients pay for access to their MDM solutions on a recurring basis. The company offers tiered pricing plans tailored to various business needs, allowing for additional fees based on the scale of deployment and integration complexities. The transactional structure emphasizes ongoing support and updates, ensuring clients benefit from the latest features and capabilities within the Esper ecosystem.Esper Enterprises Inc. plans to leverage its recent Series C funding of USD 60.00 mn raised in October 2021 to enhance its platform, aiming to reach more enterprise customers. The company intends to design and launch new products that will further bolster its MDM offerings. Additionally, Esper is focusing on expanding into new geographic markets, although specific regions and timelines for this expansion have not been disclosed. The funding will support these initiatives, facilitating the company's growth strategy.

## Funding rounds

- Series C, Oct 4, 2021, $60M — Insight Partners, Madrona Venture Group, Scale Venture Partners, Root Ventures
- Series B, May 20, 2021, $30M — Madrona Venture Group, Scale Venture Partners, Root Ventures, Haystack, Ubiquity Ventures
- Series A, Feb 13, 2020, $7.6M — Madrona Venture Group, Root Ventures, Haystack, Pathbreaker Ventures, Ubiquity Ventures
- Seed, Jun 1, 2018, $2.9M — Root Ventures, Haystack, Pathbreaker Ventures, Ubiquity Ventures

## Investors

- Root Ventures (https://capitalatlas.ai/funds/root-ventures) — Seed, Series A, Series B, Series C
- Haystack (https://capitalatlas.ai/funds/haystack) — Seed, Series A, Series B
- Pathbreaker Ventures (https://capitalatlas.ai/funds/pathbreaker-ventures) — Seed, Series A
- Ubiquity Ventures (https://capitalatlas.ai/funds/ubiquity-ventures) — Seed, Series A, Series B
- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A, Series B, Series C
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series B, Series C
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C