When was Plexus Innovation founded?

Plexus Innovation was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is Plexus Innovation located?

Plexus Innovation is headquartered in Durham, United States.

Who is the current CEO of Plexus Innovation?

Steve Todd of Plexus Innovation. They have also founded 1 company.

How many employees does Plexus Innovation have?

As of Aug 31, 2026, the latest employee count at Plexus Innovation is 5.

Is Plexus Innovation a funded company?

Plexus Innovation is a funded company, having raised a total of $1.1M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 12, 2020.

When was the latest funding round of Plexus Innovation?

Plexus Innovation's latest funding was a $***** Seed round on Jul 22, 2022, with participation from 2 investors. Its primary sector is Sensors. In United States, the Sensors sector has seen $136M in funding in 2026 to date.

Where does Plexus Innovation rank among its competitors?

Plexus Innovation ranks 4th amongst 66 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Conserv, which secured $1.51M in Nov, 2025.

Who are the top competitors of Plexus Innovation?

Plexus Innovation's top competitors include Intellisense Systems, Primex and Conserv. Among them, Conserv secured the most recent funding round in November, 2025.

Plexus Innovation - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: www.plexus-innovation.com/
Social
Email ID: *****@plexus-innovation.com
Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

Durham, United States

Stage

Acquired

Total Funding

$1.1M in 2 rounds

Latest Funding Round

Seed, Jul 22, 2022, $*****

Investors

Maven Capital Partners & 1 more

Ranked

4^th among 66 active competitors

Employee Count

5 as on Aug 31, 2026

Similar Companies

Intellisense Systems & 81 more

Exit Details

Acquired by HSL Compliance (Feb 12, 2024)

View Plexus Innovation's full profile

Plexus Innovation got acquired by HSL Compliance on Feb 12, 2024.

Click here to take a look at Plexus Innovation's acquisition in detail

Plexus Innovation has raised a total funding of $1.1M over 2 rounds. Its first funding round was on Nov 12, 2020. Its latest funding round was a Seed round on Jul 22, 2022 for $*****. 2 investors participated in its latest round. Plexus Innovation has 2 institutional investors.

Here is the list of recent funding rounds of Plexus Innovation:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 22, 2022	2718164	Seed	1695085	6252795	2204065	3990841
Nov 12, 2020	5773420	Seed	3103895	4272004	Maven Capital Partners	1264788

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View details of Plexus Innovation's funding rounds and investors

The founders of Plexus Innovation is Steve Todd. Steve Todd is the CEO of Plexus Innovation.

Here are the details of Plexus Innovation's key team members:

Steve Todd: Co-Founder & CEO & MD of Plexus Innovation.
Contact Info: 1 email address

View details of Plexus Innovation's Founder profiles and Board Members

Plexus Innovation's employee count trend

Plexus Innovation has 5 employees as of Aug 26. Here is Plexus Innovation's employee count trend over the years:

Employee count trend for Plexus Innovation

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Top competitors of Plexus Innovation include Intellisense Systems, Primex and Conserv. Here is the list of Top 10 competitors of Plexus Innovation, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Intellisense Systems 2018, Torrance (United States), Funding Raised	Developer of environmental sensors	-	National Oceanic and Atmospheric Administration, OSTI ... & 1 others	49/100
2nd	Primex 1972, Lake Geneva (United States), Unfunded	Provider of remote monitoring platform for hospitals	-	-	46/100
3rd	Conserv 2019, Birmingham (United States), Series A	Provider of AI and SaaS-driven environmental monitoring sensors for organizations	$7.29M	Alabama Launchpad, Benson Capital Partners ... & 3 others	46/100
4th	Plexus Innovation 2017, Durham (United States), Acquired	Provider of digital transformation services	$1.1M	Maven Capital Partners, Mercia	43/100
5th	Ideal Sciences 2018, Bountiful (United States), Unfunded	Provider of IoT-enabled temperature and humidity sensors for multiple industries	-	-	40/100
6th	Sensorist 2012, Copenhagen (Denmark), Seed	Provider of wireless sensors that measure temperature and humidity	$1.86M	PreSeed Ventures, Accelerace & 2 others	33/100
7th	Whirlybird 2004, Mumbai (India), Seed	Provider of technology products for sensors	$15.8K	CIIE, IIT Kanpur & 3 others	33/100
8th	Delta Ohm 1978, Padua (Italy), Acquired	Develops various types of sensors for industrial measurements	-	-	33/100
9th	Veris 1992, Tualatin (United States), Acquired	Energy and environmental sensors for commercial HVAC and automation applications	-	-	32/100
10th	Validair 1974, Malvern (United Kingdom), Acquired	Provider of environmental monitoring solutions	-	Midlands Engine Investment Fund & 1 others	32/100