About Sensor Networks
Sensor Networks is a company based in Cape Town (South Africa) founded in 2014. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Sensor Networks has raised $1.03 million across 2 funding rounds from investors including Edge Growth, Sanari Capital and 4Di Capital. Sensor Networks offers products and services including Smart Home Technology, Energy Management, Risk Management, and Hardware Development. Sensor Networks operates in a competitive market with competitors including Five Sigma Labs, Encircle, Zemble, Field Pros Direct and Galacticar, among others.
- Headquarter Cape Town, South Africa
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$1.03 M (USD)
in 2 rounds
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Latest Funding Round
$1.03 M (USD), Seed
May 09, 2018
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Investors
Edge Growth
& 3 more
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Employee Count
Not available
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Products & Services of Sensor Networks
Sensor Networks offers a comprehensive portfolio of products and services, including Smart Home Technology, Energy Management, Risk Management, and Hardware Development.
Smart devices are monitored and controlled remotely for convenience.
Energy usage is optimized through geyser monitoring technology.
Risks are reduced by preventing water damage incidents.
Innovative hardware solutions are designed for various applications.
People of Sensor Networks
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Funding Insights of Sensor Networks
Sensor Networks has successfully raised a total of $1.03M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.03 million completed in May 2018. 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 Sensor Networks
Sensor Networks has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Edge Growth, Sanari Capital and 4Di Capital.
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Venture capital investments are directed toward small and medium enterprises.
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Early-stage venture capital is provided to Africa-based entrepreneurs.
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Investor details for Sensor Networks
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Investments & Acquisitions by Sensor Networks
Investment portfolio details for Sensor Networks
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Financial Statements - Sensor Networks
Detailed financials for Sensor Networks
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Sensor Networks Comparisons
Peer comparison for Sensor Networks
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Competitors of Sensor Networks
Sensor Networks 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 Five Sigma Labs, Encircle, Zemble, Field Pros Direct and Galacticar, among others.
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Cloud-based claims management is provided for the insurance industry.
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Claim processing platform for insurance and restoration contractors is provided.
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A cloud-based platform is utilized for stakeholder management and collaboration.
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On-demand adjusters network is utilized for claims inspection and submission.
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Delivers an automated application for efficient insurance claims processing.
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Detailed competitors of Sensor Networks
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Latest news on Sensor Networks
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Frequently Asked Questions about Sensor Networks
Sensor Networks was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Sensor Networks is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Sensor Networks is a funded company, having raised a total of $1.03M across 2 funding rounds to date.
Intelligent technology is developed by Sensor Networks for enhancing energy efficiency and managing risks in homes. Solutions are provided for remotely monitoring and controlling smart devices through the Sensor Connect app. Focus is placed on optimizing household energy consumption, particularly geyser usage, to promote sustainability. Risk management solutions are offered to prevent water damage and reduce insurance claims. Services are extended to both individual homeowners and business partners in South Africa, ensuring security and cost savings.
Sensor Networks's top competitors include Five Sigma Labs, Encircle and Zemble.
Sensor Networks offers Smart Home Technology, Energy Management, Risk Management, and Hardware Development.
Sensor Networks has 4 investors. Key investors include Edge Growth, Sanari Capital, 4Di Capital, and Bsport.