What is Eero?
Eero is a technology company focused on simplifying home networking and smart home connectivity. Its core offering is a mesh Wi-Fi system designed for easy setup, automatic updates, and seamless integration with other smart devices, aiming to eliminate dead zones and provide reliable internet access throughout the home. The company's approach emphasizes user-friendliness, making advanced networking accessible to a broader consumer base. This focus on user experience and robust performance has positioned Eero as a key innovator in the smart home and networking space.
How much funding has Eero raised?
Eero has raised a total of $90M across 3 funding rounds:
Angel/Seed
$5M
Private Equity
$35M
Series B
$50M
Angel/Seed (2015): $5M, investors not publicly disclosed
Private Equity (2015): $35M, investors not publicly disclosed
Series B (2016): $50M supported by Index Ventures and Menlo Ventures
Key Investors in Eero
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies. With offices in San Francisco & London, Index Ventures invests in entrepreneurs all over the world.
Menlo Ventures
Menlo Ventures is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer internet, fintech, infrastructure, and frontier tech, typically taking board roles and partnering with founders through multiple stages of scale.
What's next for Eero?
With the recent infusion of enterprise-level capital, Eero is poised for accelerated growth and further innovation. This strategic financing is likely to fuel advancements in its product line, expansion into new markets, and enhancement of its software capabilities. The company's commitment to seamless connectivity and smart home integration suggests a future focused on deepening its ecosystem and potentially exploring new hardware or service offerings to solidify its leadership in the connected home landscape. Continued investment will be critical for Eero to maintain its competitive edge and capitalize on the expanding smart home market.
See full Eero company page
