About Buoy
Buoy is an Environment company based in Santa Cruz (United States) founded in 2015 by Hilary Bryant, and was acquired by Resideo in March 2019. It operates as a water usage and leaks are monitored by connected home devices. It operates on a Product-as-a-Service model in Environment and Technology sectors. Buoy has raised $413 thousand across 2 funding rounds from investors including Resideo. Its chief executive is Jay Geldmacher. Buoy offers products and services including Buoy Water Controller and Smart Thermostat. Its focus areas include Smart Home and Home Automation. Its legal entity is Resideo Technologies Inc. Its competitors include FIDO, Phyn, Alert Labs, Flo Technologies and Banyan Water and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Smart home technologies are developed by Buoy under Resideo Technologies Inc. Solutions for air quality, security, water management, and energy efficiency are offered. Products like the Buoy Water Controller and smart thermostats are designed to enhance home automation. The focus is placed on creating sustainable and secure living environments. Although some products like the Buoy Water Controller are discontinued, next-generation solutions for leak detection are being planned.
Products & Services of Buoy
Buoy offers a comprehensive portfolio of products and services, including Buoy Water Controller and Smart Thermostat.
Water usage is tracked and leaks are detected automatically.
Home temperature is managed for energy efficiency and comfort.
Apps and channels of Buoy
its YouTube channel Resideo Customer Support has 6.39K subscribers and 30 videos.
Videos from Buoy
The most watched videos on Buoy's YouTube channel, Resideo Customer Support (6.39K subscribers). Click a video to play it here.
More on Resideo Customer Support.
Funding Insights of Buoy
Buoy has successfully raised a total of $413K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $353 thousand completed in May 2018. 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 $413,000
- Total Rounds 2
- Last Round Seed — $353,000
- First Round $60,000
(Mar 2016)
All 2 funding rounds of Buoy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $353,000 | Seed | – | – | – |
| Mar 2016 | $60,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Buoy
Buoy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Resideo.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Smart home products for security and energy efficiency are provided. | 2018 | resideo.com | Wilmington, United States |
Investor details for Buoy
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People of Buoy
2 people are tracked at Buoy (2 in leadership).
| Name | Role | Group |
|---|---|---|
Hilary Bryant | Co-Founder | Leadership |
Jay Geldmacher | CEO | Leadership |
Complete people profiles for Buoy
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Timeline of Buoy
4 dated milestones of Buoy across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Buoy is founded.
- Funding First funding round of $60K.
- Funding Latest funding round, Seed, of $353K.
- Exit Acquired by Resideo.
Competitors of Buoy
Buoy has 8 listed competitors in our database, 7 of them funded. They include FIDO, Phyn, Alert Labs, Flo Technologies and Banyan Water, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fido.tech | 2014 | Bicester, United Kingdom | $27.8M | 56 | AI-driven SaaS solutions for acoustic leak detection are offered. | |
| phyn.com | 2016 | Torrance, United States | $10M | – | Connected water pressure monitoring system for smart homes | |
| alertlabs.com | 2015 | Kitchener, Canada | $30,000 | 74 | A range of connected sensors for basement monitoring is developed. | |
| meetflo.com | 2015 | Culver, United States | $39.21M | – | Connected water-monitoring solution for smart home applications | |
| banyanwater.com | 2011 | Austin, United States | $4.76M | 15 | Smart water management solutions are offered for usage optimization. | |
| h2odegree.com | 2007 | Bensalem, United States | – | – | H2O Degree is engaged in providing wireless utility submetering and leak detection systems. | |
| inflowmatix.com | 2015 | Chilworth, United Kingdom | $17.75M | 13 | Inflowmatix is engaged in providing water pressure monitoring solutions. | |
| aquarobur.com | 2014 | Gothenburg, Sweden | $816,398 | – | IoT-based solutions for water network monitoring and management are provided. |
Detailed competitors of Buoy
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Top companies in Waste & Water Management Systems
10 companies that operate in the same segment as Buoy (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Related news about Buoy
Complete news archive for Buoy
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Frequently Asked Questions about Buoy
Buoy was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Buoy is headquartered in Santa Cruz, United States. It is registered at Santa Cruz, California, United States.
Jay Geldmacher is the current CEO of Buoy.
Buoy is a funded company, having raised a total of $413K across 2 funding rounds to date. The company's 1st funding round was a Seed of $60K, raised on Mar 2016.
Smart home technologies are developed by Buoy under Resideo Technologies Inc. Solutions for air quality, security, water management, and energy efficiency are offered. Products like the Buoy Water Controller and smart thermostats are designed to enhance home automation. The focus is placed on creating sustainable and secure living environments. Although some products like the Buoy Water Controller are discontinued, next-generation solutions for leak detection are being planned.
Buoy's top competitors include FIDO, Phyn and Alert Labs.
Buoy offers Buoy Water Controller and Smart Thermostat.
Buoy has 1 investor. Key investors include Resideo.
Buoy operates through Resideo Technologies Inc..
Yes. Buoy was acquired by Resideo in March 2019.