Pylon
Infrastructure management software for water & electricity companies
Cairo, Egypt · Founded 2017 · $17.0M raised
- Headquarters
- Cairo
- Employees
- 11–50
- Founded
- 2017
- Business Model
- B2B
- Website
- usepylon.com
- Total Funding
- $17.0M
- Last Round
- $17.0M Series AAug 2024
- 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 $17.0M in total across 1 round, most recently a $17.0M Series A round in Aug 2024. Investors include Andreessen Horowitz, General Catalyst and Y Combinator Continuity Fund.
Tech & App Stack
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Funding History
Aug 2024
Investors
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