Sensor Networks

IoT platform for smart home risk management and insurance claim reduction

Customer Engagement Growth Series A

Overview

Sensor Networks is a Cape Town-based IoT company that develops smart home hardware and cloud-based platforms for insurance risk management. The company partners with carriers and financial institutions to reduce claims through real-time monitoring and automated risk mitigation, with a primary focus on water damage prevention.

The platform combines bespoke IoT hardware with cloud connectivity and API integrations. Key products include Geyser Connect (smart geyser monitoring), Sensor Connect App (mobile monitoring with real-time alerts), and Sensor Desk (a risk management platform for insurance partners). The company has deployed over 10,000 devices and demonstrated 84% reduction in water damage claims among customer portfolios.

Sensor Networks has established partnerships with major regional carriers and financial institutions including Santam Insurance, Nedbank, and Standard Bank. The company has raised USD 1.03M-1.43M from investors including 4Di Capital, Edge Growth, ASISA ESD Fund, and other regional venture capital firms.

Products & Services

Geyser Connect

IoT-enabled smart geyser monitoring system that detects water leaks and pipe bursts, automatically shutting off water flow to prevent damage and water waste.

Key Features

Real-time burst detection and automated shutoff
Integration with existing geysers via retrofit technology
Cloud connectivity and mobile alerts
Energy consumption monitoring

Target Users: Carriers, homeowners, financial institutions

Sensor Connect App

Mobile application providing policyholders and insurance partners with real-time monitoring, alerts, and data visualization.

Key Features

Real-time push notifications for risk events
Historical monitoring data and trends
Integration with policyholder dashboards
Multi-device management

Target Users: Policyholders, insurance claim teams

Sensor Desk

Risk management platform designed for insurance carriers and claims teams to manage monitored properties, analyze risk data, and coordinate loss prevention.