Meter
Meter provides internet infrastructure for businesses through its Network as a Service model, a full-stack solution managing hardware and software.
Secondary Market Price
Secondary Market Price
How Meter Measures Up
To help you manage your Meter equity, Prospect has run the company through our machine learning model.
Prospect Rating
4X
Our rating projects Meter could be worth 4X its current value in four years. As an employee with equity, this means the value of your stock options could potentially increase by a similar multiple.
Exit Risk
High Risk
Our 'High Risk' rating for Meter is based on the intense competition from established players in the enterprise networking market, which increases the risk that the company may not achieve a liquidity event for employees compared to other startups.
Funding Stage
Series C
A Series C company like Meter has moved past the initial startup chaos, offering a more stable environment with established processes. This means you'll find a balance between the rapid growth of a startup and the structure of a more mature company.
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Prospect Projected Future Meter Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Meter's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Meter provides internet infrastructure for businesses using a Network as a Service (NaaS) model. The company offers a full-stack solution that combines its own hardware, such as switches and wireless access points, with software and operational services. This approach includes network design, installation, and ongoing management for a single monthly fee, aiming to simplify enterprise networking to the level of a standard utility. The company serves customers in sectors including retail, manufacturing, and education across more than 125 cities. Founded in 2015 in San Francisco, Meter was established by brothers Anil and Sunil Varanasi.
Recent developments indicate a focus on expansion, supported by a $170 million Series C funding round. The company launched Meter Command, a natural language interface for network management, and made its platform available for deployment through the Azure Marketplace. Meter has also formed partnerships with Exclusive Networks and Lumen Technologies to expand its reach. The company's forward-looking plans involve investing in AI-driven network management by developing networking-specific models intended to ensure accuracy and reliability in production environments.
- Sequoia Capital
- General Catalyst
- Lachy Groom
- Sam Altman
- Microsoft
- Co-Founder, CEO Anil Varanasi
- Co-Founder, Co-Founder Sunil Varanasi
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Meter worth joining?
Meter shows strong signs of growth, having raised significant funding from top-tier investors and expanded its customer base across North America. To make a fully informed decision, you can use a platform like Prospect to analyze the potential value of your equity offer using data-driven models.
What should I do with my Meter stock?
Deciding what to do with private company stock involves weighing factors like tax implications and potential future value. Equity management platforms like Prospect offer tools for scenario modeling and tax optimization to help you create a personalized strategy for your shares.
Can you sell Meter stock?
As Meter is a private company, its stock is not traded on public exchanges, but employees may occasionally have opportunities to sell shares through secondary markets or company-approved tender offers. Tools like those offered by Prospect can help you navigate these sales in a tax-optimal way.
How can I find the value of my Meter stock?
While Meter's latest company valuation is between $300-$400M, the specific value of your shares depends on the total number of shares and your grant details. You can use Prospect's predictive models, which analyze VC-grade data, to get an independent projection of your equity's potential worth.
What is Meter's equity worth?
The company was recently valued between $300 million and $400 million, but the value of an individual equity grant can vary significantly. Platforms like Prospect use comprehensive data to provide independent projections on what your specific equity in a startup is likely to be worth.
What is Meter's stock ticker symbol?
Meter is a private company and does not have a stock ticker symbol. Ticker symbols are used to identify publicly traded companies on a stock exchange.
Can I buy or sell Meter stock?
Because Meter is a private company, its stock is not available for purchase or sale on public stock markets. Selling is sometimes possible for employees during specific events like tender offers, which platforms like Prospect can help you manage.
What is the criteria to buy or invest in Meter stock?
Investment in private companies like Meter is typically restricted to accredited investors and venture capital firms during organized funding rounds. The general public cannot invest in the company at this stage.
