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Afero provides solutions for connecting devices to the internet, known as the Internet of Things (IoT). Their technology enables secure and efficient connectivity for both stationary and mobile devices. Afero's IoT platform simplifies the integration of IoT technology into products, allowing businesses to connect and manage their devices remotely. A notable example of their work is the Hubspace Smart Home platform, developed in partnership with Home Depot, which helps consumers manage smart home devices easily. Additionally, Afero incorporates AI to enhance connectivity, security, and data analysis, making the information from IoT devices actionable. The company generates revenue primarily from businesses using its platform and holds a significant number of IoT patents, contributing to its intellectual property portfolio. Afero aims to provide user-friendly and scalable IoT solutions for both businesses and consumers.
Company Stage
Series C
Employees
11-50
Industries
Data & Analytics, Hardware, Enterprise Software, AI & Machine Learning, Consumer Goods
Total Funding
$96.5M
Headquarters
N/A
Founded
2014
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