About eero
eero is a company based in San Francisco (United States) founded in 2014 by Amos Schallich and Nate Hardison was acquired by Amazon in February 2019.. eero has raised $90 million across 4 funding rounds from investors including Amazon, Leland Stanford Junior University and Menlo Ventures. eero has completed 1 acquisition, including Thington. eero operates in a competitive market with competitors including Fon, Plume, Single Digits, AirTies and goTenna, among others.
- Headquarter San Francisco, United States
- Founders Amos Schallich, Nate Hardison
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Sectors
TelecommunicationsTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Eero Inc.
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Software Development Team
284 people
Sales and Marketing
214 people
Leadership Team
153 people
Product Management Team
124 people
Finance and Accounting
109 people
Senior Team
83 people
Applied Team
68 people
Legal and Compliance
55 people
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Funding Insights of eero
eero has successfully raised a total of $90M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(01 Jun 2014)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Series D - eero | Valuation |
investors |
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| May, 2016 | Amount | Series B - eero | Valuation | Menlo Ventures | |
| Dec, 2015 | Amount | Series A - eero | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in eero
eero has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amazon, Leland Stanford Junior University and Menlo Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Founded Year | Domain | Location | |
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Venture capital investments in technology startups and entrepreneurs.
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by eero
eero has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Thington. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App for smart home devices management
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - eero
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eero Comparisons
Competitors of eero
eero operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fon, Plume, Single Digits, AirTies and goTenna, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wi-Fi networks are shared via routers for global hotspot access.
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| domain | founded_year | HQ Location |
Adaptive Wi-Fi systems are optimized in real time by Plume.
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| domain | founded_year | HQ Location |
Single Digits is focused on providing connectivity solutions.
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| domain | founded_year | HQ Location |
Wi-Fi mesh network solutions provider
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| domain | founded_year | HQ Location |
Mobile mesh networking is enabled for off-grid smartphone use.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Eero
Frequently Asked Questions about eero
When was eero founded?
eero was founded in 2014.
Where is eero located?
eero is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is eero a funded company?
eero is a funded company, having raised a total of $90M across 4 funding rounds to date. The company's 1st funding round was a Series A of $35M, raised on Jun 01, 2014.
What does eero do?
Provider of mesh-based connectivity solutions for IoT applications. The platform provides a home WiFi system that replaces routers and blankets in the whole home for providing fast and reliable WiFi. It uses multiple access points and TrueMesh technology to cover every nook and cranny of your home in powerful and reliable WiFi. The company claims that the TrueMesh technology is developed using machine learning and data collected from multiple homes and its dynamic routing algorithms ensure to cover every corner of the home in reliable WiFi. The product works in integration with a companion application that provides information related to network speed, finding out which devices are connected, making sure each device is working properly, and more.
How many acquisitions has eero made?
eero has made 1 acquisition, including Thington.
Who are eero's investors?
eero has 14 investors. Key investors include Amazon, Leland Stanford Junior University, Menlo Ventures, Index Ventures, and First Round Capital.
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