What is Meter?
Meter operates at the intersection of hardware engineering and software-defined networking, providing a comprehensive solution for businesses requiring robust internet, Wi-Fi, and cellular coverage. Unlike traditional networking models that rely on fragmented vendors and complex maintenance, Meter offers a unified stack delivered as a service. This approach allows organizations to offload the operational burden of network management, ensuring scalability and reliability for a single monthly fee. By streamlining the deployment and maintenance of critical infrastructure, Meter enables enterprises to focus on their core operations while benefiting from high-performance, purpose-built connectivity solutions that adapt to the evolving demands of the digital workplace.
How much funding has Meter raised?
Meter has raised a total of $243M across 3 funding rounds:
Series B
$38M
Other Financing Round
$35M
Series C
$170M
Series B (2022): $38M with participation from Sequoia Capital, Lachy Groom, Diane Green, John Bicket, and Sanjit Biswas
Other Financing Round (2024): $35M led by Lachy Groom and Sequoia
Series C (2025): $170M supported by General Catalyst, JPMorgan Chase, Baillie Gifford, Sequoia Capital, WndrCo, Microsoft, and Tishman Speyer
Key Investors in Meter
General Catalyst
A venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors, leveraging deep operational expertise to accelerate growth.
JPMorgan Chase
A leading global financial services firm providing comprehensive investment banking and asset management services to support large-scale enterprise growth.
Baillie Gifford
An established investment management firm founded in 1908, known for its long-term perspective and strategic backing of high-growth, innovative enterprises.
What's next for Meter?
With the successful completion of this major enterprise-level funding round, Meter is well-positioned to accelerate its market expansion and deepen its technological moat. The influx of capital will likely be directed toward scaling its operational footprint and enhancing its proprietary networking stack to support larger, more complex institutional environments. As the demand for seamless, secure, and scalable connectivity continues to rise, Meter's ability to provide a turnkey, service-oriented networking experience places it in a prime position to disrupt legacy infrastructure providers. Future growth will likely focus on deepening integration with enterprise software ecosystems and expanding its reach into new global markets, further cementing its status as a leader in the networking-as-a-service sector.
See full Meter company page
