Pylon
OperatingPylon is a comprehensive utility management platform powering millions of smart meters in some of the world’s largest emerging markets.
- Infrastructure Management
- Cairo, Egypt
- Seed
- Founded 2017
- pylonump.com ↗
- Total raised
- $19M
- disclosed
- Last round
- $19M
- Debt Financing
- Rounds
- 3
- since 2017
- Investors
- 4
- on record
- Employees
- 51-200
About Pylon
Pylon is a comprehensive utility management platform powering millions of smart meters in some of the world’s largest emerging markets. We transform conventional water and electricity utilities in emerging markets into efficient, interoperable and data driven ones. With a myriad of challenges from energy waste, theft and tampering to an increase in CO2 emissions, Pylon takes a wholesome approach to tackling these utility management challenges in emerging markets.
Pylon funding3 rounds
All 3 rounds →Pylon has raised $19M across 3 disclosed rounds. The latest is a $19M Seed announced 12 Apr 2022, led by Endure Capital.
Who has invested in Pylon
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 12 Apr 2022 | Pylon Seed | Endure Capital +3 | $19M |
| 12 Apr 2022 | Pylon Debt Financing | Not disclosed | Not disclosed |
| 01 Jan 2021 | Pylon Funding Round | LoftyInc Capital Management | Not disclosed |
Pylon founders & team
- Ahmed AshourCo-Founder & CEO
- Omar Mohamed RadiCo-Founder & CTO
Pylon competitorssame sector · similar funding
- SahlGiza, Egypt
Frequently asked about Pylon
- Where is Pylon based and when was it founded?
- Pylon is headquartered in Cairo, Egypt and was founded in 2017.
- Who founded Pylon?
- Pylon was founded by Ahmed Ashour (Co-Founder & CEO) and Omar Mohamed Radi (Co-Founder & CTO).
- Who is the CEO of Pylon?
- Ahmed Ashour is Pylon's Co-Founder & CEO.
- How much funding has Pylon raised?
- Pylon has raised $19M across 3 disclosed rounds. Its latest, a $19M Seed, was announced on Apr 12, 2022.
- Who has invested in Pylon?
- Backers include LoftyInc Capital Management, Khwarizmi Ventures, Endure Capital and Cathexis Ventures.
- What sector is Pylon in?
- Pylon operates in Infrastructure Management, Power and Utilities.
