We’ve got some news: MyGate just raised $56 million in a Series B round, from Tiger Global, JSoros, Prime Venture Partners, among others. This is a momentous event in our journey, and a testament to the positive change we’re bringing to gated communities across the country.
In just over three years, Mygate has evolved into a trusted all-in-one platform for gated communities, going far beyond security. Every day, households rely on Mygate to seamlessly manage visitors, communicate with neighbours, handle salary payments for domestic staff, discover local services, pay society bills, track accounts, and access a wide range of community features. By combining security, convenience, and ERP-driven management into a single solution, Mygate has redefined the way urban communities function.
A snapshot of our scale and the extent to which our features are used is a further indication of how large a part of everyday life MyGate has become:
– Over 1.2 million homes across 5,000 gated communities are now on MyGate;
– Over 45 million visitors are validated through our app every month;
– Over 60,000 requests are processed by our systems every minute.
Of course, this is only the beginning.
With the fresh round of funding, Mygate will focus on strengthening its comprehensive ERP platform by further enhancing security, convenience, and community management for households. The investment will also enable Mygate to expand into more cities and scale its workforce to support the growing adoption across India.
– If your gated community is interested in adopting MyGate, our representatives are always available to give you a demo.
– If you’re interested in joining our team, take a look at the list of open positions.
– If you want to partner with us or think that MyGate should be in your city, tell us why by writing in to [email protected].
To read the official press release, click here.