Sensor Networks
IoT platform for smart home risk management and insurance claim reduction
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.
Key Features
- Portfolio-level risk analytics
- Claims correlation and loss prevention insights
- Integration with insurance backend systems
- Real-time alerts and escalation workflows
Target Users: Insurance carriers, claims managers
At a Glance
- Founded
- 2015
- Headquarters
- Cape Town, South Africa
- Employees
- 11-50
- Funding
- Series A
Category & Focus
- Category
- Customer Engagement
- Subcategories
- IoT monitoring risk mitigation claims prevention
- Insurance Verticals
- P&C Personal
- Target Customers
- Carriers, Financial Institutions
Customers
- Santam Insurance
- Nedbank
- Standard Bank (LookSee Home)
- Ariston (hardware integration partner)
- BlockPower
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Last updated: 2026-06-17