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
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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
Employee Count
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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. 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.
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.
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2018 | Amount | Seed - Sensor Networks | Valuation | Sanari Capital | |
| Aug, 2017 | Amount | Seed - Sensor Networks | Valuation |
investors |
| 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 |
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. 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 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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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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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 Sensor Networks
| 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 |
Financial Statements - Sensor Networks
| 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 |
Sensor Networks Comparisons
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. 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 |
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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| domain | founded_year | HQ Location |
A cloud-based platform is utilized for stakeholder management and collaboration.
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| domain | founded_year | HQ Location |
On-demand adjusters network is utilized for claims inspection and submission.
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| domain | founded_year | HQ Location |
Delivers an automated application for efficient insurance claims processing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Sensor Networks
Frequently Asked Questions about Sensor Networks
When was Sensor Networks founded?
Sensor Networks was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Sensor Networks located?
Sensor Networks is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Is Sensor Networks a funded company?
Sensor Networks is a funded company, having raised a total of $1.03M across 2 funding rounds to date.
What does Sensor Networks do?
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.
Who are the top competitors of Sensor Networks?
Sensor Networks's top competitors include Five Sigma Labs, Encircle and Zemble.
What products or services does Sensor Networks offer?
Sensor Networks offers Smart Home Technology, Energy Management, Risk Management, and Hardware Development.
Who are Sensor Networks's investors?
Sensor Networks has 4 investors. Key investors include Edge Growth, Sanari Capital, 4Di Capital, and Bsport.
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