Meshify

Houston, United States Founded: 2012 • Age: 14 yrs Acquired By Munich Re
The connected-device app engine for managing, controlling and monitoring the real world.
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About Meshify

Meshify is a company based in Houston (United States) founded in 2012 was acquired by Munich Re in October 2016.. Meshify has raised $1.59 million across 3 funding rounds from investors including Munich Re, Mercury Fund and Houston Angel Network. Meshify offers products and services including Meshify Defender Sensors, Meshify Defender Water Shutoff, Meshify Defender S, Meshify Protect Mobile App, and Leak and Freeze Sensor. Meshify operates in a competitive market with competitors including Particle, PTC, Software AG, Relayr and Ayla Networks, among others.

  • Headquarter Houston, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Meshify Inc
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.59 M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.3 M (USD), Seed

    Jun 22, 2016

  • Investors
    Munich Re

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Munich Re

    (Oct 11, 2016)

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Products & Services of Meshify

Meshify offers a comprehensive portfolio of products and services, including Meshify Defender Sensors, Meshify Defender Water Shutoff, Meshify Defender S, Meshify Protect Mobile App, and Leak and Freeze Sensor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Sensors for detecting water leaks and preventing damage.

Device for remotely shutting off water to avoid leaks.

Smart protection hardware compatible with connectivity networks.

App for monitoring and managing IoT devices in real time.

Sensor that detects leaks without needing Wi-Fi connectivity.

Platform for real-time data viewing and insurance insights.

People of Meshify
Headcount 10-50
Employee Profiles 13
Employee Profiles
People
Gordon Hui
Head of Product
People
John B. Riggs
President
People
Jamena McInteer
Front End Developer
People
Lewis Wight
CTO

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Funding Insights of Meshify

Meshify has successfully raised a total of $1.59M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.3 million completed in June 2016. 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 Rounds 3
  • Last Round Seed — $1.3M
  • First Round

    (21 Feb 2013)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Seed - Meshify Valuation

investors

Jan, 2014 Amount Seed - Meshify Valuation

investors

Feb, 2013 Amount Seed - Meshify Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Meshify

Meshify has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Munich Re, Mercury Fund and Houston Angel Network. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage investments are directed toward US, India, and Canada firms.
Founded Year Domain Location
Houston Angel Network is focused on supporting startups with funding.
Founded Year Domain Location
Venture capital services are extended to early-stage startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Meshify

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Meshify

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Meshify Comparisons

Employees
+
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Competitors of Meshify

Meshify 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 Particle, PTC, Software AG, Relayr and Ayla Networks, 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
IoT connectivity platform from prototype to production is developed.
domain founded_year HQ Location
PTC is recognized as a global leader in product lifecycle management software.
domain founded_year HQ Location
Provider of data integration, application modernization, and digital transformation solutions
domain founded_year HQ Location
Middleware and IoT solutions are provided for enterprise digital transformation.
domain founded_year HQ Location
Provider of a platform for IoT and edge computing applications
domain founded_year HQ Location
Cloud-based end-to-end IoT platforms are provided by Vantiq.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Meshify

Frequently Asked Questions about Meshify

When was Meshify founded?

Meshify was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Meshify located?

Meshify is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Is Meshify a funded company?

Meshify is a funded company, having raised a total of $1.59M across 3 funding rounds to date. The company's 1st funding round was a Seed of $30K, raised on Feb 21, 2013.

What does Meshify do?

Meshify was founded in 2012 in Houston, United States, to enable original equipment manufacturers to transform existing devices into internet-connected products accessible via web and mobile applications. Operations focus on sectors such as remote tank monitoring, energy management systems including boilers and thermostats, pest control, water and gas monitoring, and manufacturing equipment. The founder brings prior experience in the oil industry and education from Georgia Tech.

Who are the top competitors of Meshify?

Meshify's top competitors include Particle, Software AG and PTC.

What products or services does Meshify offer?

Meshify offers Meshify Defender Sensors, Meshify Defender Water Shutoff, Meshify Defender S, Meshify Protect Mobile App, and 2 more products and services.

Who are Meshify's investors?

Meshify has 4 investors. Key investors include Munich Re, Mercury Fund, Houston Angel Network, and Surge Ventures.

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