About Plexus Innovation
Plexus Innovation is a company based in Durham (United States) founded in 2017 by Steve Todd was acquired by HSL Compliance in February 2024.. Plexus Innovation has raised $1.1 million across 2 funding rounds from investors including Mercia, Maven Capital Partners and HSL Compliance. Plexus Innovation offers products and services including GUARDIAN®. Plexus Innovation operates in a competitive market with competitors including Sensorist, Intellisense Systems, Conserv, Validair and Whirlybird, among others.
- Headquarter Durham, United States
- Founders Steve Todd
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1.1 M (USD)
in 2 rounds
-
Latest Funding Round
$574.36 K (USD), Seed
Jul 22, 2022
-
Investors
Mercia
& 2 more
-
Employee Count
Employee Count
-
Acquired by
HSL Compliance
(Feb 12, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Plexus Innovation
Plexus Innovation offers a comprehensive portfolio of products and services, including GUARDIAN®. 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.
Remote system for measuring and alerting on water and facility conditions.
Unlock access to complete
Unlock access to complete
Funding Insights of Plexus Innovation
Plexus Innovation has successfully raised a total of $1.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $574.36 thousand completed in July 2022. 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 2
- Last Round Seed — $574,363
-
First Round
First Round
(12 Nov 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - Plexus Innovation | Valuation |
investors |
|
| Nov, 2020 | Amount | Seed - Plexus Innovation | Valuation | Maven Capital Partners |
|
| 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 Plexus Innovation
Plexus Innovation has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Mercia, Maven Capital Partners and HSL Compliance. 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 |
|---|---|---|---|---|
|
Multiple sectors are targeted for private equity investments.
|
Founded Year | Domain | Location | |
|
Investment management services are provided by Mercia to various clients.
|
Founded Year | Domain | Location | |
|
Provider of compliance services for water, asbestos, fire, and occupational hygiene
|
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 Plexus Innovation
| 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 - Plexus Innovation
| 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 |
Plexus Innovation Comparisons
Competitors of Plexus Innovation
Plexus Innovation 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 Sensorist, Intellisense Systems, Conserv, Validair and Whirlybird, 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 |
Small wireless sensors for temperature and humidity are provided.
|
|
| domain | founded_year | HQ Location |
Developer of environmental sensors
|
|
| domain | founded_year | HQ Location |
AI and SaaS-driven environmental sensors are provided for organizational monitoring.
|
|
| domain | founded_year | HQ Location |
Environmental monitoring solutions for cleanrooms and critical facilities are provided.
|
|
| domain | founded_year | HQ Location |
Technology products for sensors are provided in industrial applications.
|
| 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 Plexus Innovation
Frequently Asked Questions about Plexus Innovation
When was Plexus Innovation founded?
Plexus Innovation was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Plexus Innovation located?
Plexus Innovation is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Who is the current CEO of Plexus Innovation?
Steve Todd is the current CEO of Plexus Innovation. They have also founded this company.
Is Plexus Innovation a funded company?
Plexus Innovation is a funded company, having raised a total of $1.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $529.69K, raised on Nov 12, 2020.
What does Plexus Innovation do?
Plexus Innovation was established in 2017 in Durham, United States, with Steve Todd serving as co-founder, CEO, and managing director. Digital transformation services are delivered by the company, focusing on technology-driven solutions for various sectors. Operations are centered in the United States, where support for business modernization and innovation is provided through consulting and implementation. The firms domain, plexus-innovation.com, facilitates client engagement in this field.
Who are the top competitors of Plexus Innovation?
What products or services does Plexus Innovation offer?
Plexus Innovation offers GUARDIAN®.
Who are Plexus Innovation's investors?
Plexus Innovation has 3 investors. Key investors include Mercia, Maven Capital Partners, and HSL Compliance.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.