About Caavo
Caavo is a company based in Milpitas (United States) founded in 2015.. Caavo has raised $34.5 million across 3 funding rounds from investors including Sky, SVB and Hearst. The company has 39 employees as of April 02, 2024. Caavo offers products and services including JubileeTV Control Center and Support Services. Caavo operates in a competitive market with competitors including Brooklinen, Dormify, Bond Home, Mud Pie and Miliboo, among others.
- Headquarter Milpitas, United States
- Employees 39 as on 02 Apr, 2024
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Sectors
TechnologyConsumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Caavo Labs India Private Limited
- Date of Incorporation 03 Mar, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.95 M (USD)14.97as on Mar 31, 2023
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Net Profit
$361.82 K (USD)20.4as on Mar 31, 2023
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EBITDA
$552.27 K (USD)2.64as on Mar 31, 2023
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Total Equity Funding
$34.5 M (USD)
in 3 rounds
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Latest Funding Round
$17.5 M (USD), Series B
Dec 19, 2017
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Investors
Sky
& 7 more
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Employee Count
39
as on Apr 02, 2024
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Products & Services of Caavo
Caavo offers a comprehensive portfolio of products and services, including JubileeTV Control Center and Support Services. 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.
TV-based system for senior living support and family interactions.
Platform for account cancellation and accessory ordering.
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Funding Insights of Caavo
Caavo has successfully raised a total of $34.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $17.5 million completed in December 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 3
- Last Round Series B — $17.5M
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First Round
First Round
(11 Oct 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Series B - Caavo | Valuation | Time Warner Investments | |
| Feb, 2017 | Amount | Series A - Caavo | Valuation | Hearst | |
| Oct, 2016 | Amount | Seed - Caavo | Valuation | Sky |
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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 Caavo
Caavo has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Sky, SVB and Hearst. 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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Early to mid-stage ventures are funded by the firm.
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Founded Year | Domain | Location | |
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Founded Year | Domain | Location | |
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Venture capital firm specializing in early-stage tech investments and founder support.
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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 Caavo
| 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 - Caavo
| 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 |
Caavo Comparisons
Competitors of Caavo
Caavo 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 Brooklinen, Dormify, Bond Home, Mud Pie and Miliboo, 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 |
Internet-first brand of home textiles
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| domain | founded_year | HQ Location |
Internet first brand offering home improvement products
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| domain | founded_year | HQ Location |
Smart home solutions are provided through connected devices and apps.
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| domain | founded_year | HQ Location |
Internet fist brand offering multi-category fashion and home improvement products
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| domain | founded_year | HQ Location |
Contemporary furniture is manufactured and sold online by Miliboo.
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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 Caavo
Frequently Asked Questions about Caavo
When was Caavo founded?
Caavo was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Caavo located?
Caavo is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Is Caavo a funded company?
Caavo is a funded company, having raised a total of $34.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Oct 11, 2016.
How many employees does Caavo have?
As of Apr 02, 2024, the latest employee count at Caavo is 39.
What is the annual revenue of Caavo?
Annual revenue of Caavo is $2.95M as on Mar 31, 2023.
What does Caavo do?
Caavo is a private label brand of universal remote controllers. It provides a control center, universal remote, power supplies, and IR blasters. The control center can be used for TV controls, streaming (OTT VOD), and gaming (consoles). The device has a centralized content library and allows users to check for recommendations from their friends. It organizes and lets users search access all available content, both locally on the internet. Its voice-activated TV remote can be used to control the devices which are connected to the TV. It additionally offers a home theatre kit including the hub, universal remote HDMI cables and claims to provide lifetime service plans along with them. Its offerings are compatible with voice assistants like Alexa Google Assistant, smart televisions from brands such as Apple, Roku Amazon, soundbars, and more.
Who are the top competitors of Caavo?
Caavo's top competitors include Brooklinen, Dormify and Bond Home.
What products or services does Caavo offer?
Caavo offers JubileeTV Control Center and Support Services.
Who are Caavo's investors?
Caavo has 8 investors. Key investors include Sky, SVB, Hearst, Time Warner Investments, and DCM.
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