# MeshPlusPlus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/meshplusplus

- Industry: Telecoms
- Headquarters: Chicago, US
- Website: www.meshplusplus.com
- Total disclosed funding: $6.9M
- Latest round: Seed (Oct 22, 2021)
- Investors on record: 9

## About

Founded in 2017, MeshPlusPlus, Inc. is an innovative technology company based in Chicago, Illinois, specializing in advanced networking solutions to enhance connectivity across various industries.MeshPlusPlus, Inc. develops technology solutions that enhance connectivity for diverse sectors, including telecommunications, logistics, and smart city initiatives. Founded by Danny Gardner, who remains the CEO, the company has raised a total of USD 4.9 mn in funding across various rounds, with the latest being a Seed round in October 2021 led by World Within. The funding was supported by several participants, including Lateral Capital and Anorak Ventures, and has facilitated 8 deals since inception.MeshPlusPlus specializes in innovative technology solutions aimed at enhancing connectivity and communication in various sectors. Their core products include advanced networking tools and software platforms that facilitate seamless data transmission and management, addressing the growing demand for efficient communication systems. The company targets clients across government agencies, large enterprises, and startups, particularly in North America and Europe, where it offers scalable networking solutions.MeshPlusPlus generates revenue through direct sales and subscription-based services. Their enterprise clients purchase networking solutions often bundled with ongoing support and maintenance. Larger organizations typically engage in multi-year partnerships that provide tailored software solutions alongside regular updates and technical support. This structured pricing model balances one-time capital expenditures with recurring revenue streams, ensuring a sustainable financial approach.In October 2021, MeshPlusPlus raised USD 4.9 mn in a Seed funding round to support its future growth initiatives. The company plans to expand into new markets, particularly targeting additional regions in Europe by the end of 2023, while also focusing on the development of new products designed to enhance connectivity. These initiatives will utilize the recent funding to bolster product development and market expansion efforts.

## Funding rounds

- Seed, Oct 22, 2021, $4.9M — Illinois Ventures, SOSV, Anorak Ventures, GAN Ventures, Lateral Frontiers, TechNexus Venture Collaborative, First Leaf Capital, World Within
- Seed, Jun 2, 2021, $2M — SOSV, HAX
- Seed, Aug 7, 2020 — Anorak Ventures, TechNexus Venture Collaborative
- Seed, Nov 7, 2018 — SOSV, HAX
- Seed, Sep 12, 2017 — Illinois Ventures, SOSV, HAX

## Investors

- Illinois Ventures (https://capitalatlas.ai/funds/illinois-ventures) — Seed
- SOSV (https://capitalatlas.ai/funds/sosv) — Seed
- HAX — Seed
- Anorak Ventures (https://capitalatlas.ai/funds/anorak-ventures) — Seed
- TechNexus Venture Collaborative (https://capitalatlas.ai/funds/technexus-venture-collaborative) — Seed
- GAN Ventures (https://capitalatlas.ai/funds/gan-ventures) — Seed
- Lateral Frontiers (https://capitalatlas.ai/funds/lateral-frontiers) — Seed
- First Leaf Capital (https://capitalatlas.ai/funds/first-leaf-capital) — Seed
- World Within (https://capitalatlas.ai/funds/world-within) — Seed
