# Meter

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

- Industry: IT Infrastructure
- Headquarters: San Francisco, US
- Website: www.meter.com
- Total disclosed funding: $277M
- Latest round: Series C (Jun 12, 2025)
- Investors on record: 10

## About

Based in California, US, and founded in 2015 by Anil Varanasi and Sunil Varanasi, Meter, Inc., operates as a business support service that provides companies with hardware and software solutions for various office spaces, buildings, warehouses, and many more. In June 2025, Meter, Inc. raised USD 170 million in series C funding led by new investor General Catalyst Partners, with participation from other new investors Baillie Gifford, Microsoft, 53 Stations, and J.P. Morgan Alternative Asset Management. Individual, and returning investors Sequoia Capital, Tishman Speyer, and WndrCo also participated in the round. The company offers various hardware and software solutions that include installation, IT support, ISP (internet service provider) management, and network security to companies like Octant, Tishman Speyer, Trove, and many more. The company designs, manufactures, and installs internet infrastructure like meter controllers, switches, and access points. The company generates revenue by charging a monthly fee of USD 7,500 or USD 0.5 per square foot for installation, configuration, or hardware services. The company plans to use the June 2025 funding to support its mission to connect business organizations and data centers by accelerating its internet infrastructure solutions.

## Funding rounds

- Series C, Jun 12, 2025, $170M — Hong Shan, General Catalyst Partners, Microsoft, Tishman Speyer, J.P. Morgan Alternative Asset Management, WndrCo, Baillie Gifford, 53 Stations
- Series B, Feb 13, 2024, $35M — Hong Shan
- Series B, Apr 29, 2021, $72M — Hong Shan, Allen & Company, Tishman Speyer, Greenoaks Capital, WndrCo

## Investors

- Hong Shan — Series B, Series C
- Allen & Company — Series B
- Tishman Speyer (https://capitalatlas.ai/funds/tishman-speyer) — Series B, Series C
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series B
- WndrCo (https://capitalatlas.ai/funds/wndrco) — Series B, Series C
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series C
- Microsoft — Series C
- J.P. Morgan Alternative Asset Management — Series C
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series C
- 53 Stations (https://capitalatlas.ai/funds/53-stations) — Series C