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Smart Home

Top 24 Startups in the Smart Home Industry

Here's an extensive list of 24 startups in the Smart Home industry that have rapidly grown in the past years.

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There are a lot of things to consider when building a new startup - where to get funding, how to validate your idea, and what features should the product have.

One of the challenges, however, is finding a market that is willing to pay for your solution without even knowing what it is yet.

While some people say this makes your idea too vague and hard to monetize, there’s actually good news.

There’s more money in this space than ever before by angels investing in early-stage companies.

If you're building a Smart Home startup, you must check these 24 fast-growing companies.


24 Smart Home Startups

1) Latch

1) Latch

Latch is a company that specializes in keyless entry security systems that allow you to open and operate all of the doors in your apartment building from your smartphone.

Details of the startup:

  • Country: United States
  • City: New York
  • Started in: 2014
  • Founders: Brian Jones, Luke Schoenfelder, Thomas Meyerhoffer
  • Number of employees: 251-500
  • Funding amount: $152,000,000
  • Number of funding rounds: 6
  • Number of investors: 28

You can find their website here.

2) Houzz

2) Houzz

Houzz is a website that specializes in house renovation, architecture, interior design, decorating, gardening, and other home improvement projects.

Details of the startup:

  • Country: United States
  • City: Palo Alto
  • Started in: 2009
  • Founders: Adi Tatarko, Alon Cohen
  • Number of employees: 1001-5000
  • Funding amount: $613,600,000
  • Number of funding rounds: 8
  • Number of investors: 22

You can find their website here.

3) SimpliSafe

3) SimpliSafe

SimpliSafe is a company that creates, engineers, and sells wireless security alarm systems, cameras, and services for homes.

Details of the startup:

  • Country: United States
  • City: Boston
  • Started in: 2006
  • Founders: Chad Laurans, Eleanor Laurans
  • Number of employees: 501-1000
  • Funding amount: $187,000,000
  • Number of funding rounds: 3
  • Number of investors: 2

You can find their website here.

4) Sense

4) Sense

For its customers, Sense specializes in designing and delivering tracking devices and home automation systems.

Details of the startup:

  • Country: United States
  • City: Cambridge-US
  • Started in: 2013
  • Founders: Christopher Micali, Mike Phillips, Ryan Houlette
  • Number of employees: 251-500
  • Funding amount: $46,999,998
  • Number of funding rounds: 4
  • Number of investors: 13

You can find their website here.

5) Wyze Labs

5) Wyze Labs

Wyze Labs is a smart home device business with the goal of making smart home technology more accessible to the general public.

Details of the startup:

  • Country: United States
  • City: Kirkland
  • Started in: 2017
  • Founders: Dave Crosby, Dongsheng Song, Elana Fishman, Yun Zhang
  • Number of employees: 101-250
  • Funding amount: $45,000,000
  • Number of funding rounds: 4
  • Number of investors: 5

You can find their website here.

6) tado°

6) tado°

Tado° provides smart thermostats and apps that adapt to residents' real-time activity in private homes and small companies.

Details of the startup:

  • Country: Germany
  • City: Munich
  • Started in: 2011
  • Founders: Christian Deilmann, Johannes Schwarz, Leopold von Bismarck, Valentin Sawadski
  • Number of employees: 101-250
  • Funding amount: $157,482,651
  • Number of funding rounds: 9
  • Number of investors: 15

You can find their website here.

7) Pro.com

7) Pro.com

Pro.com is a digitally savvy general contractor.

Details of the startup:

  • Country: United States
  • City: Seattle
  • Started in: 2013
  • Founders: Dean Falconer, Eric Wilson, Greg Meyer, Gregor Purdy, Matt Williams
  • Number of employees: 51-100
  • Funding amount: $60,500,000
  • Number of funding rounds: 5
  • Number of investors: 18

You can find their website here.

8) Openpath

8) Openpath

For businesses and landlords, Openpath Security offers a mobile and cloud-based access management system.

Details of the startup:

  • Country: United States
  • City: Culver City
  • Started in: 2016
  • Founders: Alex Kazerani, James Segil, Phil Goldsmith, Rob Peters, Samy Kamkar
  • Number of employees: 51-100
  • Funding amount: $63,000,000
  • Number of funding rounds: 4
  • Number of investors: 12

You can find their website here.

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9) Nanoleaf

9) Nanoleaf

Nanoleaf is a technology and IoT business that is revolutionizing the lighting industry with cutting-edge lighting solutions that are smarter by design.

Details of the startup:

  • Country: Canada
  • City: Toronto
  • Started in: 2012
  • Founders: Christian Yan, Gimmy Chu, Tom Rodinger
  • Number of employees: 101-250
  • Funding amount: $5,630,733
  • Number of funding rounds: 4
  • Number of investors: 3

You can find their website here.

10) Notion

10) Notion

Notion is a smart self-monitoring technology that allows homeowners to take control of their spaces, people, and belongings.

Details of the startup:

  • Country: United States
  • City: Denver
  • Started in: 2013
  • Founders: Brett Jurgens, Ryan Margoles
  • Number of employees: 11-50
  • Funding amount: $15,980,000
  • Number of funding rounds: 8
  • Number of investors: 36

You can find their website here.

11) Ring

11) Ring

Ring is an outdoor home security company that offers a variety of preventative security doorbells and cameras to homes.

Details of the startup:

  • Country: United States
  • City: Santa Monica
  • Started in: 2012
  • Founders: James Siminoff
  • Number of employees: 1001-5000
  • Funding amount: $203,700,000
  • Number of funding rounds: 5
  • Number of investors: 23

You can find their website here.

12) Endel

12) Endel

Endel is an audio ecosystem that works across multiple platforms.

Details of the startup:

  • Country: Germany
  • City: Berlin
  • Started in: 2018
  • Founders: Oleg Stavitsky
  • Number of employees: 1-10
  • Funding amount: $7,501,762
  • Number of funding rounds: 5
  • Number of investors: 13

You can find their website here.

13) Silvan Innovation Labs

13) Silvan Innovation Labs

Silvan is a technology business that specializes in offering home, office, and hotel automation solutions.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2008
  • Founders: Avinash Gautam
  • Number of employees: 101-250
  • Funding amount: $2,040,863
  • Number of funding rounds: 4
  • Number of investors: 4

You can find their website here.

14) IKEA

14) IKEA

IKEA Systems has a large selection of well-designed and useful home furnishings.

Details of the startup:

  • Country: The Netherlands
  • City: Delft
  • Started in: 1943
  • Founders: Ingvar Kamprad
  • Number of employees: 10001+

You can find their website here.

15) Design Cafe

15) Design Cafe

Execution + Design A company that creates stunning and unique home interior designs for any budget.

Details of the startup:

  • Country: India
  • City: Bengaluru
  • Started in: 2015
  • Founders: Gita Ramanan, Shezan Bhojani
  • Number of employees: 501-1000
  • Funding amount: $28,522,266
  • Number of funding rounds: 2
  • Number of investors: 5

You can find their website here.

16) KIWI

16) KIWI

For big multi-tenant buildings, KIWI provides safe, keyless access.

Details of the startup:

  • Country: Germany
  • City: Berlin
  • Started in: 2012
  • Founders: Christian Bogatu, Claudia Nagel, Peter Dietrich
  • Number of employees: 51-100
  • Funding amount: € 14,000,000
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

17) SwitchBot

17) SwitchBot

With smart home goods, SwitchBot aids in the creation of a comfortable environment.

Details of the startup:

  • Country: China
  • City: Shenzhen
  • Started in: 2015
  • Number of employees: 11-50
  • Funding amount: CN¥3,000,000
  • Number of funding rounds: 1
  • Number of investors: 2

You can find their website here.

18) Soapbox Labs

18) Soapbox Labs

SoapBox Labs' privacy-first speech recognition software allows kids of different ages, accents, and dialects to have voice-enabled experiences.

Details of the startup:

  • Country: Ireland
  • City: Dublin
  • Started in: 2013
  • Founders: Patricia Scanlon
  • Number of employees: 11-50
  • Funding amount: $11,777,501
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

19) Setter

19) Setter

Setter is a home service that handles all of your home's upkeep and repairs.

Details of the startup:

  • Country: Canada
  • City: Toronto
  • Started in: 2015
  • Founders: David Steckel, Guillaume Laliberte
  • Number of employees: 11-50
  • Funding amount: $12,000,000
  • Number of funding rounds: 3
  • Number of investors: 10

You can find their website here.

20) Igloohome

20) Igloohome

Igloohome is a company that makes security locks for both residential and business use.

Details of the startup:

  • Country: Singapore
  • City: Singapore
  • Started in: 2015
  • Founders: Anthony Chow, Kelvin Ho, Sharon Goh
  • Number of employees: 11-50
  • Funding amount: $20,275,000
  • Number of funding rounds: 6
  • Number of investors: 18

You can find their website here.

21) Glue Home

21) Glue Home

While you're away, Glue allows smart access to your house for people, products, and services.

Details of the startup:

  • Country: Sweden
  • City: Stockholm
  • Started in: 2014
  • Founders: Carl Johan Grandinson, Diego Oliva
  • Number of employees: 11-50
  • Funding amount: $12,588,426
  • Number of funding rounds: 3
  • Number of investors: 8

You can find their website here.

22) Minut

22) Minut

Minut is a computer software firm that focuses on product design, hardware, electronics, software, the Internet of Things, and smart home technology.

Details of the startup:

  • Country: Sweden
  • City: Malmö
  • Started in: 2014
  • Founders: Fredrik Ahlberg, Marcus Ljungblad, Martin Loof, Nils Mattisson
  • Number of employees: 11-50
  • Funding amount: $10,745,941
  • Number of funding rounds: 6
  • Number of investors: 12

You can find their website here.

23) Chuangmi Technology

23) Chuangmi Technology

Chuangmi Technology is a high-tech company that specializes in smart home technology.

Details of the startup:

  • Country: China
  • City: Shanghai
  • Started in: 2014
  • Founders: Jianxin Li
  • Number of employees: 101-250
  • Funding amount: $14,471,535
  • Number of funding rounds: 2
  • Number of investors: 4

You can find their website here.

24) SmartMi International Limited

24) SmartMi International Limited

SmartMi International Limited is a Chinese smart home appliance maker.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2014
  • Founders: Su Jun
  • Number of employees: 11-50
  • Funding amount: $50,000,000
  • Number of funding rounds: 3
  • Number of investors: 3

You can find their website here.

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