About Particle
Particle is a company based in San Francisco (United States) founded in 2011 by Zach Supalla.. Particle has raised $134.87 million across 8 funding rounds from investors including Qualcomm Ventures, Energy Impact Partners and Root Ventures. The company has 109 employees as of December 31, 2022. Particle has completed 2 acquisitions, including RedBear and redbearlab.com. Particle operates in a competitive market with competitors including ecobee, MRI Software, PTC, Signify and Landis+Gyr, among others.
- Headquarter San Francisco, United States
- Employees 109 as on 31 Dec, 2022
- Founders Zach Supalla
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Sectors
TechnologyBusiness Services Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Particle Industries, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$134.87 M (USD)
in 8 rounds
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Latest Funding Round
$4.96 M (USD), Series C
Mar 13, 2025
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Investors
Qualcomm Ventures
& 12 more
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Employee Count
109
as on Dec 31, 2022
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Investments & Acquisitions
RedBear
& 1 more
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Funding Insights of Particle
Particle has successfully raised a total of $134.87M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $4.96 million completed in March 2025. 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 8
- Last Round Series C — $5.0M
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First Round
First Round
(11 Jul 2014)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2025 | Amount | Series C - Particle | Valuation |
investors |
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| Dec, 2022 | Amount | Series C - Particle | Valuation |
investors |
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| Nov, 2021 | Amount | Series C - Particle | Valuation |
investors |
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| 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 Particle
Particle has secured backing from 13 investors, including venture fund investors. Prominent investors backing the company include Qualcomm Ventures, Energy Impact Partners and Root 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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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location | |
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Venture capital fund focused on growth-stage startups
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Founded Year | Domain | Location | |
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Seed stage venture capital firm investing in deep tech in San Francisco.
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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 Particle
Particle has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include RedBear and redbearlab.com. 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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Hardware products for IoT applications are developed by RedBear.
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2013 | ||||
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Equipment for wireless devices is distributed by RedBearLab.
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2011 |
| 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 - Particle
| 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 |
Particle Comparisons
Competitors of Particle
Particle 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 ecobee, MRI Software, PTC, Signify and Landis+Gyr, 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 |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
PTC is recognized as a global leader in product lifecycle management software.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Particle
Frequently Asked Questions about Particle
When was Particle founded?
Particle was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Particle located?
Particle is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Particle?
Zach Supalla is the current CEO of Particle. They have also founded this company.
Is Particle a funded company?
Particle is a funded company, having raised a total of $134.87M across 8 funding rounds to date. The company's 1st funding round was a Series C of $30M, raised on Jul 11, 2014.
How many employees does Particle have?
As of Dec 31, 2022, the latest employee count at Particle is 109.
What does Particle do?
Founded in 2011 in San Francisco, United States, Particle operates in the Internet of Things sector. A platform is provided to enable connectivity in devices from prototyping through to production phases. Core offerings include the Photon Wi-Fi module and Electron 2G3G cellular module, used by designers and developers for integration purposes. Emphasis is placed on supporting individual creators over enterprise applications.
Who are the top competitors of Particle?
Particle's top competitors include ecobee, Landis+Gyr and Signify.
How many acquisitions has Particle made?
Particle has made 2 acquisitions, including RedBear, and redbearlab.com.
Who are Particle's investors?
Particle has 13 investors. Key investors include Qualcomm Ventures, Energy Impact Partners, Root Ventures, Bonfire Ventures, and Industry Ventures.
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