eero Overview
- Founded
-
2014

- Status
-
Acquired/Merged
- Employees
-
130

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$97M
eero General Information
Description
Developer of smart home WiFi devices intended to replace regular routers and provide total home coverage. The company's devices uses multiple access points, as well as a tri-band mesh designed for wired and wireless connectivity and can be controlled through the mobile, enabling users to get reliable WiFi coverage across their homes.
Contact Information
Website
www.eero.com
Formerly Known As
Portal Labs Inc.
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Wireless Communications Equipment
Other Industries
Connectivity Products
Parent Company
Primary Office
- 660 3rd street
- 4th floor
- San Francisco, CA 94107
- United States
+1 (877) 000-0000
eero Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Merger/Acquisition | 15-Feb-2019 | $97M | 00000 | 0000 | Completed | Generating Revenue |
6. Later Stage VC (Series D) | 27-Dec-2017 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
5. Debt - General | 30-Jun-2017 | 0000 | 00000 | Completed | Generating Revenue | |
4. Later Stage VC (Series C) | 26-May-2016 | 0000 | 0000 | 00000 | Completed | Generating Revenue |
3. Early Stage VC (Series B) | 04-Nov-2015 | 0000 | 0000 | 00000 | Completed | Generating Revenue |
2. Early Stage VC (Series A) | 03-Feb-2015 | $6M | $8M | 0000 | Completed | Startup |
1. Seed Round | 06-Jun-2014 | $2M | $2M | 0000 | Completed | Startup |
eero Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | 0,000,000 | 00.000000 | 00.0 | 00.00 | 00.00 | 00 | 00.00 | 00.00 |
Series C | 0,000,000 | 00.000000 | 00.00 | 000.0 | 000.0 | 00 | 000.0 | 00.000 |
Series B | 0,000,000 | 00.000000 | 00.0 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series A | 2,003,654 | $0.000100 | $0.25 | $3.11 | $3.11 | 1x | $3.11 | 7% |
Seed | 1,556,056 | $0.000100 | $0.1 | $1.29 | $1.29 | 1x | $1.29 | 5.44% |
eero Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of smart home WiFi devices intended to replace regular routers and provide total home coverage. The company's
Wireless Communications Equipment
San Francisco, CA
130
As of 2016
00000
000
0000-00-00
000000&0
00000
eero Competitors (11)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
TP-Link | Corporation | Tsim Sha Tsui, Hong Kong | 0000 | |||
000 0000000 00000 | Private Equity-Backed | Irvine, CA | 000 | 000000000000 | ||
000000 | Formerly VC-backed | Boston, MA | 000 | 00000 | 000000000 | 00000 |
00000000 | Venture Capital-Backed | Reno, NV | 00 | 00.00 | 00000 00000 | 00.00 |
00000 00000 | Formerly PE-Backed | Poznan, Poland | 000 | 000.00 | 000000&0 | 000.00 |
eero Executive Team (8)
eero Signals
eero Former Investors (18)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
AME Cloud Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
First Round Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Garry Tan | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Great Oaks Venture Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
Grishin Robotics | Venture Capital | Minority | 000 0000 | 000000 0 |
eero Investments & Acquisitions (2)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
0000 | 05-Nov-2020 | 0000 00000 | 000 | Electronics (B2C) | |
Thington | 28-Jul-2017 | Merger/Acquisition | Application Software | 00000000 |
eero Subsidiaries (1)
Company Name | Industry | Location | Founded |
---|---|---|---|
00000000 | Application Software | San Francisco, CA | 0000 |