Pylon
PrivateLast Round
Seed
Apr 12, 2022
Est. Valuation
$1.79M
Total Funding Raised
$19.13M
Company Overview
Pylon is a technology company that develops and provides an infrastructure management platform for water and electricity distribution companies, primarily in emerging markets. Founded in 2017 and headquartered in Egypt, the company offers an end-to-end solution combining hardware and software to help utilities become more efficient and data-driven. Pylon's platform uses data and artificial intelligence to reduce financial and technical losses from theft, leakages, and uncollected bills, while also automating billing processes. The company, a Y Combinator alumnus from the Summer 2021 batch, aims to help utilities digitize their operations, improve revenue collection, and enhance sustainability by reducing carbon emissions.
Sector
Energy & Sustainability
Verticals
Smart Grid, Energy Management, Vertical SaaS, Enterprise Resource Planning
Business Model
B2B
Customer Profile
Hardware + Subscription, Subscription SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Pylon Comps
Public and private peers based on sector, stage, and business model.
Pylon Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Apr 12, 2022 | ||||
| Accelerator | Aug 31, 2021 |
Key People
Founding team and executive leadership
Pylon Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| LoftyInc Capital Management | Seed |
| Khawarizmi Ventures | Seed |
| Y Combinator | Seed, Accelerator |
| Endure Capital | Seed |
| Cathexis Ventures | Seed |
Pylon Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Pylon's valuation, stock price, and market status.
