# Sensor Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sensor-networks

- Industry: Software
- Headquarters: Cape Town, South Africa
- Website: www.sensornetworks.co.za/
- Total disclosed funding: $1M
- Latest round: Series B (May 9, 2018)
- Investors on record: 3

## About

Founded in 2017 by Mark Allewell, and based in Cape Town, South Africa, Sensor Networks Pty Ltd., operates as a developer of smart home technology, helping homeowners remotely monitor and control smart devices in their homes. In May 2018, Sensor Networks Pty Ltd., raised ZAR 13 million in Series B funding led by Sanari Capital, with participation from investors Edge Growth. As of 2023, the company has partners with companies like Hollard, NedBank, Standard Bank, and many more.

The company offers intelligent smart home technology that provides risk management and energy efficiency solutions to both insurers and homeowners, minimizing the financial impact of water-related incidents and geyser insurance claims.

The company offers a mobile application used to remotely monitor and control smart devices, helping homeowners save energy, reduce costs, and enhance security.

## Funding rounds

- Series B, May 9, 2018, $1M — 4Di Capital, Edge Growth, Sanari Capital
- Series A, Aug 2, 2017 — 4Di Capital

## Investors

- 4Di Capital (https://capitalatlas.ai/funds/4di-capital) — Series A, Series B
- Edge Growth (https://capitalatlas.ai/funds/edge-growth) — Series B
- Sanari Capital (https://capitalatlas.ai/funds/sanari-capital) — Series B