When was Afero founded?

Afero was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is Afero located?

Afero is headquartered in Los Altos, United States. It is registered at Los Altos, California.

Who is the current CEO of Afero?

Joe Britt of Afero. They have also founded 1 company.

How many employees does Afero have?

As of Jul 31, 2026, the latest employee count at Afero is 55.

Is Afero a funded company?

Afero is a funded company, having raised a total of $73.2M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 17, 2016.

When was the latest funding round of Afero?

Afero's latest funding was a $***** Series C round on Dec 08, 2021, with participation from 2 investors. Its primary sector is Cybersecurity. In United States, the Cybersecurity sector has seen $7.01B in funding in 2026 to date.

Where does Afero rank among its competitors?

Afero ranks 11th amongst 1109 active competitors, of which 64 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Brilliant, which secured $9.7M in Sep, 2025.

Who are the top competitors of Afero?

Afero's top competitors include Vivint, Nest and Wyze. Among them, Brilliant secured the most recent funding round in September, 2025.

Afero - 2026 Company Profile, Team, Funding & Competitors

Afero is a series C company based in Los Altos (United States), founded in 2014 by Shin Matsumura and Joe Britt. It operates as a Provider of a cloud-based end-to-end IoT platform. Afero has raised $73.2M in funding from Crosspoint Capital Partners and Samsung Catalyst Fund. The company has 1109 active competitors, including 64 funded and 65 that have exited. Its top competitors include companies like Vivint, Nest and Wyze.

Company Details

Provider of a cloud-based end-to-end IoT platform. It has developed a Bluetooth low energy module including a developer board, an SDK and developer tool, and a cloud platform plus APIs to tie everything together. It will aid developers to focus on the core functionality of their smart product by taking care of the connectivity layer. Its products have an embedded Hardware Security Module which encrypts all data transmitted between Afero enabled devices and the Cloud, with the claim of no speed degradation and dissipating less power. Its modules can be embedded into product design connecting the product to the company's distributed cloud. Data from the cloud can be accessed using customizable mobile applications.

Website: afero.io
Social
Registered Address: Los Altos, California

Key Metrics

Founded Year

2014

Location

Los Altos, United States

Stage

Series C

Total Funding

$73.2M in 2 rounds

Latest Funding Round

Series C, Dec 08, 2021, $*****

Investors

Crosspoint Capital Partners & 14 more

Ranked

11^th among 1109 active competitors

Employee Count

55 as on Jul 31, 2026

Similar Companies

Vivint & 1074 more

View Afero's full profile

Afero is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Afero, Inc. CIN: 6484029 , United States, Active	May 12, 2022	-	-	-
Afero, Inc. CIN: 470965663 , United States, Active	Dec 31, 1999	-	48 (As on Dec 31, 2024)	-

Afero has raised a total funding of $73.2M over 2 rounds. Its first funding round was on May 17, 2016. Its latest funding round was a Series C round on Dec 08, 2021 for $*****. 2 investors participated in its latest round. Afero has 14 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Afero:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 08, 2021	3974209	Series C	8156782	9103829	7970315	8336823
May 17, 2016	2474725	Series A	1106041	2667509	Samsung Catalyst Fund	Presidio Ventures & 5 more

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View details of Afero's funding rounds and investors

The founders of Afero are Shin Matsumura and Joe Britt. Joe Britt is the CEO of Afero.

Here are the details of Afero's key team members:

Shin Matsumura: Co-Founder & Chief Business Officer of Afero. They serve on the board of 1 company.
Contact Info: 1 email address
Joe Britt: Co-Founder & CEO of Afero.
Contact Info: 1 email address

Afero's Board of Directors

Afero's board has 5 active members. Taizo Son, Shin Matsumura, Joe F. Britt, Albert Pimentel and Hugh Thompson are independent board members.

Here is the list of Afero's board of directors:

Name	Type	Representing	Status	Duration
Taizo Son	Independent board member	-	Current	4y 8m
{ongrlx	Independent board member	-	Current	1y 5m
onmccmd	Independent board member	-	Current	5y 5m
ustgvzs	Independent board member	-	Current	3y 8m
lsywhut	Independent board member	-	Current	6y 1m

View details of Afero's Founder profiles and Board Members

Afero's employee count trend

Afero has 55 employees as of Jul 26. Here is Afero's employee count trend over the years:

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Top competitors of Afero include Vivint, Nest and Wyze. Here is the list of Top 10 competitors of Afero, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vivint 1999, Provo (United States), Acquired	Manufacturer of cloud-based smart security cameras for home applications	$172M	Goldman Sachs, Zions Bank & 13 others	82/100
2nd	Nest 2010, Palo Alto (United States), Acquired	Provider of hardware and software for monitoring home energy consumption	$80M	Kleiner Perkins, Shasta Ventures & 12 others	78/100
3rd	Wyze 2017, Kirkland (United States), Series B	Manufacturer of cloud-based smart security cameras for video surveillance	$146M	Norwest, Marcy Venture Partners & 6 others	77/100
4th	ADT 1874, Boca Raton (United States), Public	Provider of cloud-based surveillance products for home security	$24.1M	ATP Private Equity Partners, Fisher Lynch Capital ... & 5 others	77/100
5th	Alarm.com 2000, Tysons (United States), Public	Provider of a cloud-based video intercom and physical security systems	$137M	TCV	74/100
6th	Eureka Forbes 1982, Mumbai (India), Public	Manufacturer of water purification systems and residential cleaning equipment units	-	SP Group, Europa	73/100
7th	Netatmo 2011, Boulogne-Billancourt (France), Acquired	Provider of diversified smart home products	$37.8M	Legrand, IRIS & 3 others	70/100
8th	TP-Link 1996, Shenzhen (China), Acquired	Manufacturer of networking equipment, smart home devices, and surveillance solutions	-	-	69/100
9th	Brilliant 2015, San Mateo (United States), Acquired	Provider of smart home automation and control system technologies	$70.7M	Celesta Capital, Next47 & 15 others	69/100
10th	Control4 2003, Salt Lake City (United States), Acquired	Provider of smart home automation and control systems for residences	$56.2M	Mercato Partners, SuRo Capital & 10 others	63/100
11th	Afero 2014, Los Altos (United States), Series C	Provider of a cloud-based end-to-end IoT platform	$73.2M	Samsung Catalyst Fund, Pegasus Tech Ventures ... & 13 others	62/100