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High Tech Series C Founded 2013

Microshare

Microshare provides an IoT data management platform that digitizes real-world industries through its EverSmart suite of AI-powered sensor solutions. The Microshare Platform processes data from networked sensors to identify out-of-pattern behavior, generating event notifications and tickets for swift staff response. The EverSmart product line addresses pest management (rodent, flying insect, crawling insect, and…

📍 Philadelphia, United States · Internet of Things Infrastructure,

Funding snapshot

Last roundSeries C
Amount$6M
Date9 February 2024
Total raised$39M
Team size44

About

Microshare provides an IoT data management platform that digitizes real-world industries through its EverSmart suite of AI-powered sensor solutions. The Microshare Platform processes data from networked sensors to identify out-of-pattern behavior, generating event notifications and tickets for swift staff response. The EverSmart product line addresses pest management (rodent, flying insect, crawling insect, and bedbug monitoring), facility hygiene and washroom maintenance, leak and water damage detection, temperature and humidity alerts, and building security monitoring. The platform serves airports, multifamily real estate, convenience stores, hospitals, hotels, restaurants, food production facilities, and warehouses, with deployments at major venues including Zurich Airport. SOC 2 audited and compliant, the company combines LoRaWAN and other IoT connectivity with AI-driven analytics to deliver predictive intelligence that improves productivity, efficiency, and sustainability. Founded in 2013 and headquartered in Philadelphia, United States, with offices in Boston, London, and Pune, the company has raised approximately $39.0M in Series C funding from investors including Motley Fool Ventures, Avenue Capital Group, Semtech, Kerlink, and Microsoft Accelerator.

Business model

PaaS > BaaS > Integrated,

Internet of Things Infrastructure > IoT Platforms > Data Platforms

Institutional investors

Motley Fool Ventures Avenue Capital Group Semtech Kerlink Endeavour Ventures Microsoft Accelerator

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