What is Eero?
Eero operates at the intersection of consumer electronics and network infrastructure, providing a sophisticated mesh Wi-Fi system designed to eliminate dead zones and simplify home network management. Unlike traditional routers, Eero leverages app-guided setup and automatic updates to ensure that users maintain consistent, high-speed connectivity across all smart devices. By integrating with Amazon Frustration-Free Setup, the company has effectively lowered the barrier to entry for non-technical consumers, positioning itself as the backbone of the modern connected home. Their market position is defined by a commitment to user-centric design, which has allowed them to scale rapidly within the highly fragmented smart home hardware sector.
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 Menlo Ventures and Index Ventures
Key Investors in Eero
Menlo Ventures
Menlo Ventures is a Menlo Park-based venture capital firm that raises dedicated funds and invests in early and growth-stage technology companies across sectors such as enterprise software, consumer internet, fintech, infrastructure, and frontier tech.
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO, partnering with founders who challenge the status quo to build enduring companies.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Eero?
With the support of its strategic partners, Eero is well-positioned to expand its footprint in the enterprise-level smart home market. Future growth will likely focus on deepening integration with broader IoT ecosystems and enhancing security protocols to address the increasing complexity of connected environments. As the demand for reliable, high-bandwidth home networks continues to surge, Eero's ability to leverage its existing capital to innovate in software-defined networking will be a key determinant of its long-term market dominance. The company is expected to continue its trajectory of scaling operations, potentially exploring new verticals within the smart home infrastructure space to maintain its competitive edge against both legacy networking firms and emerging tech entrants.
See full Eero company page
