Afero

Private

Los Altos, CaliforniaAI, Data & Cloud Infrastructurehttps://www.afero.io

Last Round

Series C

Dec 8, 2021

Total Funding Raised

$70.3M

Momentum Score

25 /100

Company Overview

Afero is an IoT technology company that offers a sensor-to-cloud software platform for accessing, controlling, and managing IoT devices, streamlining operations and enhancing the integration of connected devices into business processes.

Sector

AI, Data & Cloud Infrastructure

Verticals

Platform-as-a-Service, IoT Security, IoT Hardware, Smart Buildings

Business Model

B2B

Customer Profile

Hardware + Subscription, Subscription SaaS, Hardware Sales

AI Layer

Non-AI

Keywords

IoT PaaSIoT platformembedded securityIoT securityIoT hardware modulessecure IoT connectivityIoT device managementIoT developer toolssmart home platformconnected productssmart productsIoT infrastructuremobile app SDKIoT stackPlatform-as-a-ServicePaaS

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Afero Comps

Public and private peers based on sector, stage, and business model.

Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Afero Funding Rounds

Historical fundraising activity

Round	Date	Amount Raised	Valuation	Investors	Sources
Series C	Dec 8, 2021
Series A	May 18, 2016

View all Funding Rounds

Key People

Founding team and executive leadership

Eric R. Ludwig

Chief Financial Officer

Executive Team

Afero Investors

Notable investors and investment history

Investor	Rounds
The Home Depot FutureBuilder	Series C
The Home Depot	Series C
Assembly Partners	Series A
SoftBank Group	Series A
Fenox Venture Capital	Series A
Crosspoint Capital Partners	Series C
Presidio Ventures	Series A

View all Investors

Market signals

Structured signals derived from secondary market and firmographic data.

Mar 10, 2026
Will attend Embedded World 2026 Exhibition & Conference in Nuremberg, Germany.
Jan 6, 2026
Developing a secure IoT platform with Texas Instruments.

View all signals

Afero Filings

SEC and related filings with document metadata.

Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation
Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation	Sign Up to view	Mock Valuation

Afero Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Afero's valuation, stock price, and market status.

Firmographic Details

HeadquartersLos Altos, California

Employee Range47

Year Founded2014

Last FundingDec 8, 2021

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.