When was Meter founded?

Meter was founded in 2015 and became a unicorn in 2025, reaching the milestone in 10 years. It raised its 1st funding round 6 years after its incorporation.

Where is Meter located?

Meter is headquartered in San Francisco, United States.

How many employees does Meter have?

As of May 31, 2026, the latest employee count at Meter is 228.

Is Meter a funded company?

Meter is a funded company, having raised a total of $315M across 4 funding rounds to date. The company's 1st funding round was a $72.1M Series B round, raised on Sep 24, 2021.

How much is Meter worth?

The latest valuation of Meter is $1B as of Jun 12, 2025.

When was the latest funding round of Meter?

Meter's latest funding was a $170M Series C round on Jun 12, 2025, with participation from 9 investors.

Is Meter a Telecom Infrastructure Tech company?

The primary sector of Meter is Telecom Infrastructure Tech.

Where does Meter rank among its competitors?

Meter ranks 34th amongst 633 active competitors, of which 60 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Meter, which secured $170M in Jun, 2025.

Who are the top competitors of Meter?

Meter's top competitors include Cisco, Mavenir and Rapid7. Among them, Meter secured the most recent funding round in June, 2025.

Meter - 2026 Company Profile, Team, Funding & Competitors

Meter is a series C company based in San Francisco (United States), founded in 2015. It operates as a Provider of enterprise internet infrastructure, including hardware, software, and network management tools. Meter has raised $315M in funding from Sequoia Capital and General Catalyst, with a current valuation of $1B. The company has 633 active competitors, including 60 funded and 71 that have exited. Its top competitors include companies like Cisco, Mavenir and Rapid7.

Sectors and market segments that Meter operate in

Meter serves in the Telecom market segments.The primary business model of Meter is:

Telecom > Telecom Infrastructure Tech > ***** **** > ***** ******

Company Details

Provider of enterprise internet infrastructure, including hardware, software, and network management tools. It designs, manufactures, and installs network hardware, including security appliances, switches, access points, and power distribution units. The company offers software for network management, security, visibility, and control. It provides installation, support, and lifecycle management services through its team and partner network. The company's solutions cater to companies of various sizes, offering scalability for multi-site management and numerous devices.

Website: www.meter.com/
Email ID: *****@meter.com
Phone Number: +1 **********

Key Metrics

Founded Year

2015

Location

San Francisco, United States

Stage

Series C

Total Funding

$315M in 4 rounds

Latest Funding Round

Series C, Jun 12, 2025, $170M

Post Money Valuation

$1B as on Jun 12, 2025

Investors

Lachy Groom & 21 more

Ranked

34^th among 633 active competitors

Employee Count

228 as on May 31, 2026

Similar Companies

Mavenir & 96 more

View Meter's full profile

Meter has raised a total funding of $315M over 4 rounds. Its first funding round was on Sep 24, 2021. Its latest funding round was a Series C round on Jun 12, 2025 for $170M. 9 investors participated in its latest round. Meter has 8 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of Meter:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 12, 2025	$170M	Series C	$1B	-	General Catalyst	Baillie Gifford, Microsoft, Sequoia Capital, J P Morgan, Tishman Speyer, WndrCo, 53 Stations, Lachy Groom
Feb 14, 2024	$35M	Series B	$356M	-	Lachy Groom	Sequoia Capital, John Bicket, Sanjit B, Diane Greene, Sam Altman, Akshay Kothari
May 23, 2022	$38M	Series B	-	-	Sequoia Capital, Lachy Groom	John Bicket, Sanjit B, Diane Greene, Scott Belsky, John Collison, Sam Hinkie, Patrick Collison, Reid Hoffman, Sam Altman, Tobi Lutke

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View details of Meter's funding rounds and investors

Meter's employee count trend

Meter has 228 employees as of May 26. Here is Meter's employee count trend over the years:

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Top competitors of Meter include Cisco, Mavenir and Rapid7. Here is the list of Top 10 competitors of Meter, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cisco 1984, San Jose (United States), Public	Provider of AI infrastructure, secure networking, and software solutions	$2.5M	Greyrock Investments, Benson Family Private Equity ... & 27 others	83/100
2nd	Mavenir 2005, Richardson (United States), Acquired	Developer of cloud native software for mobile network operator infrastructure	$105M	North Bridge Venture Partners, Alloy Ventures ... & 11 others	82/100
3rd	Rapid7 2000, Boston (United States), Public	Provider of cybersecurity solutions for exposure management, threat intelligence, and response	$92.3M	Bain Capital Ventures, TCV & 4 others	77/100
4th	Imperva 2002, Redwood City (United States), Acquired	Provider of application and data security solutions for threat protection	$54M	Meritech, Sprout Capital Partners & 6 others	77/100
5th	Ericsson 1876, Stockholm (Sweden), Public	Provider of telecom equipment and software solutions	-	Kepha Partners, NIB & 8 others	75/100
6th	Quest Software 1987, Aliso Viejo (United States), Acquired	Provider of data management, cybersecurity, and platform modernization solutions for enterprises	$11.5M	Insight Partners, Fisher Lynch Capital & 3 others	74/100
7th	Dell Technologies 1998, Round Rock (United States), Public	Provider of a suite of cyber security solutions	-	Silver Lake, Temasek & 1 others	73/100
8th	Bitdefender 2001, Bucharest (Romania), Series B	Provider of cybersecurity software, threat intelligence, and managed security services	$7M	Vitruvian Partners, Axxess Capital & 1 others	73/100
9th	Barracuda 2003, Campbell (United States), Acquired	Cloud based network firewall solution for enterprise web and email	$176M	Sequoia Capital, Francisco Partners & 6 others	72/100
10th	Coro Cybersecurity 2014, Chicago (United States), Series D	Threat detection and prevention solution over wifi and cellular networks	$275M	Balderton Capital, JVP & 8 others	72/100
34th	Meter 2015, San Francisco (United States), Series C	Provider of enterprise internet infrastructure, including hardware, software, and network management tools	$315M	Baillie Gifford, Sequoia Capital & 20 others	59/100