About August Home
August Home is a company based in San Francisco (United States) founded in 2012 was acquired by Fortune Brands Home & Security in December 2022. It operates as a Direct-to-Consumer (D2C). August Home has raised $73.09 million across 5 funding rounds from investors including Creative Artists Agency, Assa Abloy and Bessemer Venture Partners. August Home offers products and services including Wi-Fi Smart Lock, Yale Approach™ Lock with Wi-Fi, and Smart Lock + Connect + Keypad. August Home operates in a competitive market with competitors including Level, Gate Labs, Nuki Home Solutions, Loqed and Candy House, among others.
- Headquarter San Francisco, United States
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Sectors
Industrial Goods & ManufacturingTechnology
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Phone
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Website
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Social
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- Legal Name August Home
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$73.09 M (USD)
in 5 rounds
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Latest Funding Round
$25 M (USD), Series C
Jul 13, 2017
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Investors
Creative Artists Agency
& 24 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of August Home
August Home offers a comprehensive portfolio of products and services, including Wi-Fi Smart Lock, Yale Approach™ Lock with Wi-Fi, and Smart Lock + Connect + Keypad. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Smart lock enabling keyless entry with Wi-Fi connectivity.
Keyless smart lock with fingerprint access via keypad.
Smart lock with Wi-Fi bridge for extended battery.
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Funding Insights of August Home
August Home has successfully raised a total of $73.09M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in July 2017. 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 5
- Last Round Series C — $25.0M
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First Round
First Round
(01 Jun 2013)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Series C - August Home | Valuation | Bessemer Venture Partners , Comcast Ventures | |
| May, 2016 | Amount | Series C - August Home | Valuation | Liberty Mutual Strategic Ventures |
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| Mar, 2015 | Amount | Series B - August Home | Valuation | Bessemer Venture Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 August Home
August Home has secured backing from 25 investors, including venture fund and institutional investors. Prominent investors backing the company include Creative Artists Agency, Assa Abloy and Bessemer Venture Partners. 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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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Comcast Ventures is focused on investing in technology startups.
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Founded Year | Domain | Location | |
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Venture capital investments in consumer businesses, emphasizing technology and human behavior.
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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 August Home
| 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 - August Home
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
August Home Comparisons
Competitors of August Home
August Home 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 Level, Gate Labs, Nuki Home Solutions, Loqed and Candy House, 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 |
Smart locks are designed and sold by Level.
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| domain | founded_year | HQ Location |
Camera-equipped smart locks are developed for home entry.
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| domain | founded_year | HQ Location |
Cloud-based smart door locks are manufactured for remote access.
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| domain | founded_year | HQ Location |
Smart connected locks are operated via smartphone app.
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| domain | founded_year | HQ Location |
Developer of smart locks for homes
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| domain | founded_year | HQ Location |
Fingerprint-enabled smart padlocks with Bluetooth app access are developed.
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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 August Home
Frequently Asked Questions about August Home
When was August Home founded?
August Home was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is August Home located?
August Home is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is August Home a funded company?
August Home is a funded company, having raised a total of $73.09M across 5 funding rounds to date. The company's 1st funding round was a Series B of $38.09M, raised on Jun 01, 2013.
What does August Home do?
August Home is focused on developing smart lock technologies for convenient and secure keyless entry. Solutions are designed for homeowners, renters, and vacation rental hosts, integrating with smart home ecosystems like Samsung SmartThings and Philips Hue. Products cater to various needs with features like auto-unlock, fingerprint access, and remote control via mobile apps. The company operates primarily in the smart home security sector, offering innovative hardware for residential use in the US and Canada.
Who are the top competitors of August Home?
August Home's top competitors include Level, Gate Labs and Nuki Home Solutions.
What products or services does August Home offer?
August Home offers Wi-Fi Smart Lock, Yale Approach™ Lock with Wi-Fi, and Smart Lock + Connect + Keypad.
Who are August Home's investors?
August Home has 25 investors. Key investors include Creative Artists Agency, Assa Abloy, Bessemer Venture Partners, AGL Energy, and SanDisk.