Plume

Plume

Provides AI-driven WiFi management solutions

About Plume

Simplify's Rating
Why Plume is rated
A
Rated B on Competitive Edge
Rated A+ on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Enterprise Software

AI & Machine Learning

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$678.4M

Headquarters

Palo Alto, California

Founded

2015

Overview

Plume provides advanced internet service management tools aimed at enhancing WiFi experiences for smart homes and small businesses. Its main products, HomePass and WorkPass, utilize artificial intelligence to optimize WiFi connectivity. HomePass adapts to user needs in residential settings, ensuring reliable internet access throughout the home, while WorkPass focuses on improving connectivity and security for small businesses. Plume partners with Communication Service Providers (CSPs), including major telecom companies, to integrate its technology into their offerings. This partnership model allows Plume to generate revenue through software licensing and support services, helping CSPs enhance service quality and customer satisfaction. Plume's technology also features real-time diagnostics and network performance tools, enabling CSPs to monitor and manage their networks effectively. The company's goal is to redefine WiFi connectivity and security for both residential and business users.

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Simplify's Take

What believers are saying

  • Growing demand for smart home tech boosts Plume's market potential.
  • AI integration in WiFi management gives Plume a competitive edge.
  • Remote work trends increase demand for Plume's WorkPass product.

What critics are saying

  • Data breach incident may harm Plume's reputation and customer trust.
  • Jio partnership exposes Plume to geopolitical and regulatory risks in India.
  • New feature rollouts may face technical challenges affecting user experience.

What makes Plume unique

  • Plume offers AI-driven adaptive WiFi solutions for homes and small businesses.
  • Its HomePass and WorkPass products enhance connectivity, security, and productivity.
  • Plume partners with major CSPs, integrating its technology into their service offerings.

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Funding

Total Funding

$678.4M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Lifetime Plume HomePass membership (availability based on geographic location).

Allowance for home office set-up.

Monthly data or phone allowance.

Plume employee referral bonus program.

Public Transportation reimbursement.

Retirement savings contributions

Employee discounts.

Patent submission support and incentive award program.

Competitive and comprehensive health insurance coverage and extended benefits such as dental, vision, life, short/long-term disability insurance, and FSA/HSA (detailed coverage may vary by location).

Employee assistance program.

Generous vacation policy to ensure time to recharge (open paid time off or generous accrued paid time off based on location).

Health and wellness reimbursement and a Premium Strava membership.

Holistic health platform with Walking on Earth.

Generous parental leave policy.

Living our Plumian traits.

Online and in-person team-building events.

PlumeStrong - our corporate social responsibility program designed to apply our resources (time, brainpower, product, money) for good.

Remote/flexible work arrangements.

Professional development opportunities.

Immigration support.

Inclusive workplace, where everyone feels at home.

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

3%

2 year growth

4%
Yahoo Finance
May 29th, 2024
Credbull Receives $10M from Plume to Tokenize Fund on Centrifuge

Credbull receives $10M from Plume to tokenize fund on Centrifuge.

HackRead
Nov 15th, 2023
Hackers Claim Major Data Breach at Smart WiFi Provider Plume

The smart Wi-Fi service provider, Plume, has apparently fallen victim to a data breach.

Devdiscourse
Oct 25th, 2023
Jio partners with Plume to provide smart home, small business services to subscribers

Jio partners with Plume to provide smart home, small business services to subscribers.

Siam News
Oct 24th, 2023
Plume Strengthens Executive Leadership Team with Key Appointments in Marketing and Revenue

PARIS, Oct. 24, 2023 /PRNewswire/ - NETWORK X - Network services and consumer experience pioneer, Plume ® today announced the appointment of two new executives to its leadership team: Valerie Buckingham as Chief Marketing Officer and Adrian Fitzgerald as Chief Revenue Officer.

Yahoo Finance
Oct 24th, 2023
Plume Advances Personalization and Control for Consumers

Plume is also introducing a first-of-its-kind Security Boost feature that enables users to automatically prioritize network traffic for home security devices and applications when away from home or when the household is asleep.

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