When was Pingthings founded?

Pingthings was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is Pingthings located?

Pingthings is headquartered in Washington, United States.

Who is the current CEO of Pingthings?

Sean Patrick Murphy of Pingthings. They have also founded 1 company.

How many employees does Pingthings have?

As of Jun 30, 2026, the latest employee count at Pingthings is 25.

Is Pingthings a funded company?

Pingthings is a funded company, having raised a total of $4.14M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 21, 2014.

When was the latest funding round of Pingthings?

Pingthings' latest funding was a $***** Seed round on Sep 22, 2021, with participation from 1 investor.

Where does Pingthings rank among its competitors?

Pingthings ranks 9th amongst 103 active competitors, of which 27 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Amperon, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Pingthings?

Pingthings' top competitors include Amperon, BluWave-ai and Vitria Technology. Among them, Amperon secured the most recent funding round in January, 2026.

Pingthings - 2026 Company Profile, Team, Funding & Competitors

Pingthings is a seed company based in Washington (United States), founded in 2014 by Rich Sootkoos and Sean Patrick Murphy. It operates as an AI-driven platform offering solutions for predictive analytics for managing assets in the utility industry. Pingthings has raised $4.14M in funding from investors like General Electric, Frost Data Capital and ChampionX. The company has 103 active competitors, including 27 funded and 12 that have exited. Its top competitors include companies like Amperon, BluWave-ai and Vitria Technology.

Company Details

AI-driven platform offering solutions for predictive analytics for managing assets in the utility industry. The platform identifies and mitigates risks from both natural and man-made events such as solar storms and transformer fails that can severely disrupt and damage electrical systems.

Website: pingthings.io
Social
Email ID: *****@pingthings.io
Phone Number: +1 **********

Key Metrics

Founded Year

2014

Location

Washington, United States

Stage

Seed

Total Funding

$4.14M in 5 rounds

Latest Funding Round

Seed, Sep 22, 2021, $*****

Investors

General Electric & 7 more

Ranked

9^th among 103 active competitors

Employee Count

25 as on Jun 30, 2026

Similar Companies

Mnubo & 51 more

View Pingthings' full profile

Pingthings is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PINGTHINGS, INC. CIN: 465326787 , United States, Active	Dec 31, 1999	-	12 (As on Dec 31, 2024)	-

Pingthings has raised a total funding of $4.14M over 5 rounds. Its first funding round was on Apr 21, 2014. Its latest funding round was a Seed round on Sep 22, 2021 for $*****. 1 investor participated in its latest round. Pingthings has 8 institutional investors.

Here is the list of recent funding rounds of Pingthings:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 22, 2021	7716297	Seed	6981536	4813136	7432435	2589324
Apr 02, 2020	4871575	Seed	2745991	9596754	5721636	3032293
Apr 23, 2015	1566397	Seed	4557909	8152969	Frost Data Capital & 1 more	8190559

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View details of Pingthings's funding rounds and investors

The founders of Pingthings are Rich Sootkoos and Sean Patrick Murphy. Sean Patrick Murphy is the CEO of Pingthings.

Here are the details of Pingthings' key team members:

Rich Sootkoos: Founder of Pingthings.
Sean Patrick Murphy: Founder & CEO of Pingthings.
Contact Info: 1 email address

View details of Pingthings's Founder profiles and Board Members

Pingthings' employee count trend

Pingthings has 25 employees as of Jun 26. Here is Pingthings's employee count trend over the years:

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Top competitors of Pingthings include Amperon, BluWave-ai and Vitria Technology. Here is the list of Top 10 competitors of Pingthings, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Amperon 2017, New York City (United States), Series B	Provider of energy forecasting and analytics solutions for grid reliability	$30M	HSBC, Blackhorn Ventures & 27 others	58/100
2nd	BluWave-ai 2017, Ottawa (Canada), Series A	Developer of artificial intelligence software for optimizing energy grid operations	$17.8M	Sustainable Development Technology Canada, Capital Angels Network ... & 7 others	52/100
3rd	Vitria Technology 1994, Sunnyvale (United States), Funding Raised	Provider of AI-driven operations intelligence and automation platform for enterprises	-	Weston Presidio, Sutter Hill Ventures	51/100
4th	HAKOM 1991, Vienna (Austria), Acquired	Provider of time series management software and services. It develops and offers software solutions for the analysis, prediction, and visualization of time series data. The company also provides professional services and support for its software, including cloud-based and on-premises options. Its technology is designed for scalability and interoperability with various data sources and formats. The focus is on enabling clients to derive actionable insights from their time series data.	-	EIC Fund, Europa	46/100
5th	Sixth Energy Technologies 2003, Bengaluru (India), Unfunded	AI-enabled IoT platform for infrastructure monitoring and management	-	-	44/100
6th	Grid Status 2023, Chicago (United States), Series A	Cloud based dashboard creation software for energy industry	$8M	Energize Capital, Rayburn Electric & 3 others	42/100
7th	Exacter 2005, Columbus (United States), Series B	Provider of asset intelligence data analytics solutions	$16M	Lighter Capital, North Coast Ventures & 4 others	41/100
8th	Watty 2013, Stockholm (Sweden), Acquired	Energy usage data analytics for smart homes and buildings	$4.47M	Loudspring, EQT & 4 others	41/100
9th	Pingthings 2014, Washington (United States), Seed	AI-driven platform offering solutions for predictive analytics for managing assets in the utility industry	$4.14M	Bonfire Ventures, Raptor Group & 6 others	40/100
10th	Xompass 2014, Palo Alto (United States), Seed	SaaS & IoT-based cloud platform for field intelligence	$45K	Boomtown Accelerators, Right Side Capital Management ... & 3 others	40/100