Expeto
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 2.5m | 3.4m | 4.5m |
% growth | - | 36 % | 32 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
$1.3m | Early VC | ||
$3.9m | Series A | ||
N/A | N/A | Seed | |
N/A | N/A | - | |
CAD10.0m | Series A | ||
N/A | Series B | ||
* | $12.0m | Series B | |
* | CAD1.0m | Grant | |
Total Funding | €23.0m |
Recent News about Expeto
EditExpeto operates in the enterprise mobile networking sector, providing a software platform that delivers business-critical hybrid private and public LTE/5G connectivity. The company serves enterprises across various industry verticals, including mining, manufacturing, and logistics, helping them modernize operations and drive business innovation. Expeto's platform ensures complete visibility and control of connected assets, enhancing security through IoT sensors, CCTV cameras, and drones. The business model revolves around offering a subscription-based service for its connectivity solutions, generating revenue from enterprises seeking to leverage next-generation connected assets for improved safety, efficiency, and operational outcomes. Expeto's team comprises experts in enterprise and mobile networks, dedicated to disrupting the industry and enabling enterprises to achieve their modernization goals.
Keywords: LTE/5G connectivity, enterprise networking, IoT security, hybrid networks, business modernization, mining operations, manufacturing automation, logistics optimization, connected assets, industry innovation.