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.
TV-based system for senior living support and family interactions.
Platform for account cancellation and accessory ordering.
People of Caavo
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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.
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.
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Venture capital firm specializing in early-stage tech investments and founder support.
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Investor details for Caavo
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Investments & Acquisitions by Caavo
Investment portfolio details for Caavo
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Financial Statements - Caavo
Detailed financials for Caavo
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Caavo Comparisons
Peer comparison for Caavo
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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.
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Internet-first brand of home textiles
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Internet first brand offering home improvement products
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Smart home solutions are provided through connected devices and apps.
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Internet fist brand offering multi-category fashion and home improvement products
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Contemporary furniture is manufactured and sold online by Miliboo.
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Detailed competitors of Caavo
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Latest news on Caavo
Complete news archive for Caavo
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Frequently Asked Questions about Caavo
Caavo was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Caavo is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Caavo is a funded company, having raised a total of $34.5M across 3 funding rounds to date.
As of Apr 02, 2024, the latest employee count at Caavo is 39.
Annual revenue of Caavo is $2.95M as on Mar 31, 2023.
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.
Caavo's top competitors include Brooklinen, Dormify and Bond Home.
Caavo offers JubileeTV Control Center and Support Services.
Caavo has 8 investors. Key investors include Sky, SVB, Hearst, Time Warner Investments, and DCM.