About Plume
Plume is a company based in Palo Alto (United States) founded in 2015 by Sri Nathan and Adam Hotchkiss. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Plume has raised $692.73 million across 7 funding rounds from investors including SVB, Spectrum and Liberty Global. Plume has completed 2 acquisitions, including Sweepr and Walleye Networks. Plume offers products and services including Haystack, Plume Home, WorkPass, and Uprise. Plume operates in a competitive market with competitors including eero, Fon, Single Digits, AirTies and Celona, among others.
- Headquarter Palo Alto, United States
- Founders Sri Nathan, Adam Hotchkiss
- Stage Unicorn
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Sectors
Telecommunications
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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 Plume Design, Inc.
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Products & Services of Plume
Plume offers a comprehensive portfolio of products and services, including Haystack, Plume Home, WorkPass, and Uprise. 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.
End-to-end visibility for subscriber network issue resolution provided.
Premium WiFi experience with cybersecurity for homes offered.
Reliable wireless connectivity for small businesses is delivered.
Personalized WiFi for residential and commercial properties provided.
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Leadership Team
18 people
Software Development Team
10 people
Sales and Marketing
9 people
Product Management Team
6 people
Human Resources and Administration
5 people
Legal and Compliance
4 people
Operations Team
3 people
Customer Team
2 people
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Funding Insights of Plume
Plume has successfully raised a total of $692.73M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $300 million completed in October 2021. 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 7
- Last Round Series F — $300.0M
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First Round
First Round
(25 Jan 2016)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Series F - Plume | Valuation | SoftBank Vision Fund |
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| Feb, 2021 | Amount | Series E - Plume | Valuation | Insight Partners |
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| Feb, 2020 | Amount | Debt – Conventional - Plume | 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 |
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Investors in Plume
Plume has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Spectrum and Liberty Global. 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 investments in technology and startups.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Investments are focused across multiple sectors by the 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 Plume
Plume has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Sweepr and Walleye Networks. 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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Cloud-based network analytics and management solutions are provided.
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2016 | ||||
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Sweepr is focused on AI-powered digital customer care solutions.
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| 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 - Plume
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Plume Comparisons
Competitors of Plume
Plume 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 eero, Fon, Single Digits, AirTies and Celona, 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 |
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| domain | founded_year | HQ Location |
Mesh-based connectivity solutions for IoT applications are provided.
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| 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 |
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 |
Cloud-based WiFi infrastructure connectivity management software is provided.
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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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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 Plume
Frequently Asked Questions about Plume
When was Plume founded?
Plume was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Plume located?
Plume is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Plume a funded company?
Plume is a funded company, having raised a total of $692.73M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $25M, raised on Jan 25, 2016.
What does Plume do?
Plume is engaged in delivering innovative WiFi solutions for residential, small business, and property management sectors. Services are provided through products like Haystack for operational visibility, Plume Home for premium residential connectivity, WorkPass for business-grade internet, and Uprise for personalized WiFi experiences. The platform is utilized by over 400 ISPs to streamline operations and enhance subscriber loyalty. Solutions are designed to offer cybersecurity, motion sensing, and real-time issue resolution, catering to diverse connectivity needs across multiple environments.
What products or services does Plume offer?
Plume offers Haystack, Plume Home, WorkPass, and Uprise.
How many acquisitions has Plume made?
Plume has made 2 acquisitions, including Sweepr, and Walleye Networks.
Who are Plume's investors?
Plume has 16 investors. Key investors include SVB, Spectrum, Liberty Global, Xfinity, and Belkin.
What is Plume's valuation?
The valuation of Plume is $2.6B as of Oct 2021.
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