Plexus Innovation

Durham, United States Founded: 2017 • Age: 9 yrs Acquired By HSL Compliance
Digital transformation services are provided to businesses.
Annual revenue - Latest available
Total funding $1.1M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
  • Acquired by
    HSL Compliance

    (Feb 12, 2024)

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Products & Services of Plexus Innovation

Plexus Innovation offers a comprehensive portfolio of products and services, including GUARDIAN®.

Product name locked
Category locked
Primary

Remote system for measuring and alerting on water and facility conditions.

People of Plexus Innovation

Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Raquel Goden
Operations Manager

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Teams

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are targeted for private equity investments.
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Investment management services are provided by Mercia to various clients.
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Provider of compliance services for water, asbestos, fire, and occupational hygiene
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Investor details for Plexus Innovation

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Investments & Acquisitions by Plexus Innovation

Investments
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Investment portfolio details for Plexus Innovation

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Financial Statements - Plexus Innovation

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Detailed financials for Plexus Innovation

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Plexus Innovation Comparisons

Plexus Innovation Primary company
Description
Digital transformation services are provided to businesses.
Location
Durham, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Plexus Innovation

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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.

Company Name Domain Founded year HQ Location Description
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Small wireless sensors for temperature and humidity are provided.
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Developer of environmental sensors
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AI and SaaS-driven environmental sensors are provided for organizational monitoring.
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Environmental monitoring solutions for cleanrooms and critical facilities are provided.
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Technology products for sensors are provided in industrial applications.
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Detailed competitors of Plexus Innovation

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Latest news on Plexus Innovation

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Complete news archive for Plexus Innovation

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Frequently Asked Questions about Plexus Innovation

Plexus Innovation was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Plexus Innovation is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.

Steve Todd is the current CEO of Plexus Innovation. They have also founded this company.

Plexus Innovation is a funded company, having raised a total of $1.1M across 2 funding rounds to date.

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.

Plexus Innovation's top competitors include Conserv, Sensorist and Validair.

Plexus Innovation offers GUARDIAN®.

Plexus Innovation has 3 investors. Key investors include Mercia, Maven Capital Partners, and HSL Compliance.

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