Fundraising Fox

Afero

<UNKNOWN>, US · Founded 2014 · Delaware corporation · 3 known investors

afero.io ↗

Afero develops an IoT platform that enables manufacturers to build and secure connected devices across consumer, industrial, and enterprise applications. The platform powers millions of devices for 200+ product categories and provides security, reliability, AI-ready data, and over-the-air update capabilities.

AI & Machine LearningCybersecurityIoTin /afero

Founders & leadership

SM
Shin MatsumuraExecutive Officer, Director
JF
Joe F. BrittExecutive Officer, Director

Investors · 3

Alpha EdisonLos Angeles · $1M – $10M
Presidio VenturesSilicon Valley · $500K – $5M
Samsung Catalyst FundSan Jose

Reported raises · per SEC filings

Form D private placements
▶$52.9MraisedDec 2021 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joe F. BrittExecutive Officer, Director
  • Shin MatsumuraExecutive Officer, Director
  • Albert PimentelDirector
  • Taizo SonDirector
  • Hugh ThompsonDirector
Offering amount
$64.4M
Amount sold
$52.9M
First sale
Dec 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$19.1MraisedMay 2016 · 6 investors · Other Technology
Rule 506(b)
Samsung Leads $20M Investment in IoT Platform Startup Aferoforbes.com · May 2016
Officers, directors & promoters on the filing
  • Shin MatsumuraExecutive Officer, Director
  • Joe F. BrittExecutive Officer, Director
Offering amount
$27.6M
Amount sold
$19.1M
First sale
May 2016
Incorporated
Corporation, Delaware, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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