Pylon
Infrastructure management software for water & electricity companies
Cairo, Egypt · Founded 2017 · $19.0M raised
- Headquarters
- Cairo, California
- Employees
- 11–50
- Founded
- 2017
- Business Model
- B2B
- Website
- pylonump.com
- Total Funding
- $19.0M
- Last Round
- $19.0M SeedApr 2022
- Rounds
- 1
About
Pylon provides water and electricity distribution companies, in emerging markets, with a platform for reducing their losses as well as opening new revenue streams. These losses are coming from leakages, consumption thefts, and uncollected bills, amongst others. We have signed 11 utilities onto our platform across 2 countries and connected our systems to over 560k endpoints. Today our average client has reduced their aggregate revenue losses by 45% Expanding in Africa, LATAM, and SEA.
Summary
Pylon is an Artificial Intelligence company based in Cairo, Egypt, founded in 2017. It has raised $19.0M in total across 1 round, most recently a $19.0M Seed round in Apr 2022. Investors include Endure Capital, Cathexis Ventures and Khawarizmi Ventures.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Apr 2022
Investors
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