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The smart home industry is expanding with companies focused on security, energy management, and automation. This field includes home security leaders like SimpliSafe and specialized hardware makers across the globe.
Massive investment is flowing into the space, with companies such as Plume Design securing over $722M. These businesses are actively shaping how we interact with our homes.
Below is our list of 32 Smart Home startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50SimpliSafe provides wireless home security systems that customers can easily install themselves. Their products range from security cameras and smart locks to a variety of alarm sensors, offering a complete DIY security setup.
Ring builds a suite of smart home security devices, best known for its video doorbells and outdoor cameras. Their products allow homeowners to monitor their property remotely and connect with others in their neighborhood through the Neighbors app.
SwitchBot creates a range of smart home products designed to automate and simplify daily routines. Their signature device, a small robot that can mechanically press any button or switch, makes it easy to retrofit existing appliances into a smart home ecosystem.
Brilliant develops a smart home control system designed to replace a standard light switch. Their all-in-one panels provide a central touchscreen to manage lighting, climate, music, and home security.
Plume Design builds a SaaS platform that enables internet service providers to deliver new smart home services to their subscribers. The company’s cloud-controlled solution powers everything from adaptive WiFi to cybersecurity and motion detection for connected homes.
Aqara creates a wide range of hardware and software for building a connected smart home. The company is known for its ecosystem of affordable devices, including sensors, cameras, and controllers, that work together to automate the home.
Rachio develops smart sprinkler controllers that help homeowners automate their lawn care and conserve water. Their system uses smart technology, like local weather forecasts, to create tailored watering schedules that reduce water waste.
viboo develops a cloud-based service that uses machine learning for the predictive control of building systems. Their technology helps optimize energy consumption and maintain comfortable indoor climates in smart buildings and homes.
Sense creates a home energy monitor that gives homeowners real-time insights into their electricity use, down to the individual appliance. Their system helps people track their consumption to save money and reduce their home's carbon footprint.
Boldr develops smart home technology that helps households reduce their energy consumption. Their system is designed to make homes a proactive part of the energy grid, helping to balance power supply and demand.
Our top picks offer a glimpse into the smart home scene, but there's a lot more happening. Companies are working on everything from AI to energy management, and together have raised over $1.3 billion.
Some are newer companies just getting started, while others are already well-known names. Here’s a look at the other startups shaping how we live in our homes.
| Startup | Main Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Real Estate | 2014 | $108.5M | Private Equity | |
| AI | 2015 | $145M | Venture Round | |
| Real Estate | 1976 | $750M | Debt Financing | |
| Retail | 2017 | — | Series A | |
| Media | 2018 | CA$11.5M | Private Equity | |
| Hardware | 2020 | £467.5k | Seed | |
| Energy | 2011 | $250.1M | Corporate Round | |
| AI | 2021 | $5.4M | — | |
| Fintech | 2020 | €6.2M | Seed | |
| Hardware | 2014 | $18.9M | Secondary Market | |
| Data | 2017 | $19.5M | Convertible Note | |
| Energy | 2015 | $19.1M | Series B | |
| Energy | 2022 | £3.8M | Seed | |
| AI | 2009 | €11.6M | Series D | |
| AI | 2021 | €2M | Seed | |
| Hardware | 2014 | €1.5M | Seed | |
| Hardware | 2022 | €644.6k | Product Crowdfunding | |
| Hardware | 2018 | $727.1k | Grant | |
| Retail | 2018 | $950k | Seed | |
| Energy | 2010 | $2.2M | Series B | |
| AI | 2017 | — | — | |
| Hardware | 2020 | — | Pre-Seed |
