About Athom
Athom is a company based in Enschede (Netherlands) founded in 2014 was acquired by LG in July 2024.. Athom has raised $1.1 million across 1 funding round from investors including LG. Athom operates in a competitive market with competitors including Sweepr, Josh.ai, SmartBeings, Cosine Labs and Morpheos, among others.
- Headquarter Enschede, Netherlands
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Athom
Athom has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in June 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.1M
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First Round
First Round
(16 Jun 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2015 | Amount | Seed - Athom | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Athom
Athom has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Brand of home appliances, consumer electronics, IT hardware, and mobile communications products
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Athom
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Athom
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Athom Comparisons
Competitors of Athom
Athom operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sweepr, Josh.ai, SmartBeings, Cosine Labs and Morpheos, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sweepr is focused on AI-powered digital customer care solutions.
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| domain | founded_year | HQ Location |
Voice-controlled home automation is enabled through AI-based devices.
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| domain | founded_year | HQ Location |
Offers AI voice assistants for hotel guest services and senior care solutions.
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| domain | founded_year | HQ Location |
Gesture and voice control technology for smart homes is developed.
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| domain | founded_year | HQ Location |
AI-enabled smart home hub with standalone security features
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Athom
Frequently Asked Questions about Athom
When was Athom founded?
Athom was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Athom located?
Athom is headquartered in Enschede, Netherlands. It is registered at Enschede, Overijssel, Netherlands.
Is Athom a funded company?
Athom is a funded company, having raised a total of $1.1M across 1 funding round to date. The company's 1st funding round was a Seed of $1.1M, raised on Jun 16, 2015.
What does Athom do?
Athom was founded in 2014 in Enschede, Netherlands, within the home automation sector. A compact spherical device called Homey is offered, enabling connections to household devices across brands and technologies such as Sony, Philips, LG, and Samsung, with support for over 50,000 products. Operations include customization via a mobile app companion. Funding exceeding 220,000 was secured through Kickstarter crowdfunding.
Who are the top competitors of Athom?
Athom's top competitors include Josh.ai, Sweepr and Cosine Labs.
Who are Athom's investors?
Athom has 1 investor. Key investors include LG.
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