FundedIQ
Information Technology

Meter: Funding, Investors & Team (Oct 2026)

Meter provides internet infrastructure for businesses. Its full-stack approach combines hardware, software, and operations so that any company can seamlessly run on a reliable and modern network. Its goal is to make secure enterprise-grade networks more accessible, and to help innovative organizations get and stay online seamlessly. Fullstacks ambition is to turn Meter’s infrastructure into a turnkey utility––when a company moves into any commercial space, the internet and WiFi just works.

www.meter.com LinkedIn San Francisco, United States 51-100 employees
Total raised
$243M
Rounds
3
Latest
Series C
Jun 2025

Meter has raised $243M across 3 funding rounds on record, the most recent a Series C of $170M announced in Jun 2025.

That round is above the $6.2M median round size for Information Technology companies tracked on FundedIQ over the last two years.

Meter Company Profile and Key Stats

Total funding raised
$243M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series C
$170M in Jun 2025
Employees
51-100
reported band
Headquarters
San Francisco, United States

Latest funding round on record: Jun 2025.

Meter Funding Rounds

Date
Round
Amount
Series C
$170M
Undisclosed round
$35.0M
Series B
$38.0M

Meter raised $38.0M in a Series B announced in May 2022.

1.8 years later, an undisclosed round of $35.0M was announced in Feb 2024.

1.3 years later, a Series C of $170M was announced in Jun 2025.

Meter Founders and Leadership Team

Name
Role
Contact
Anil Varanasi
Founder
Locked
Sunil Varanasi
Founder
—

Contact details for the Meter team: 1 of 2 have an email address on file.

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Meter Funding Compared to Other Information Technology Startups

Segment
Companies
Median round
30,234
$7.6M
1,869
$60M

Meter's latest round of $170M is above the median round in Information Technology. Medians cover the last 24 months of disclosed rounds.

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Meter Funding FAQs

What does Meter do?

Meter provides internet infrastructure for businesses. Its full-stack approach combines hardware, software, and operations so that any company can seamlessly run on a reliable and modern network. Its goal is to make secure enterprise-grade networks more accessible, and to help innovative organizations get and stay online seamlessly. Fullstacks ambition is to turn Meter’s infrastructure into a turnkey utility––when a company moves into any commercial space, the internet and WiFi just works.

How much funding has Meter raised?

Meter has raised $243M across 3 rounds on record. The most recent is a Series C of $170M announced in Jun 2025.

When did Meter last raise funding?

Meter's most recent funding round on record is a Series C of $170M, announced in Jun 2025.

Who founded Meter?

FundedIQ lists Anil Varanasi (Founder), Sunil Varanasi (Founder) at Meter.

Where is Meter headquartered?

Meter is based in San Francisco, California, United States.

How many employees does Meter have?

Meter is in the 51-100 employee band.

How does Meter's funding compare to other Information Technology startups?

Meter's latest round of $170M is above the $6.2M median round size for Information Technology companies on FundedIQ across 3,146 tracked companies over the last two years.

About FundedIQ's Meter Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Meter is left off this page rather than filled in.

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