Caavo

Milpitas, United States Founded: 2015 • Age: 11 yrs
Private label brand of universal remote controllers

About Caavo

Caavo is a Technology company based in Milpitas (United States) founded in 2015. Private label brand of universal remote controllers. It operates in the Technology and Consumer sectors. Caavo has raised $34.5 million across 3 funding rounds from investors including Sky, SVB and Hearst. The company has 39 employees. Its Indian entity Caavo Labs India Private Limited reported revenue of β‚Ή21.36 Cr. Caavo offers products and services including JubileeTV Control Center and Support Services. Its focus areas include Retail, Home Improvements, B2C Commerce and Horizontal. Its competitors include Brooklinen, Dormify and Bond Home; 2 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics
  • Indian entity revenue
    ₹21.36 Cr

    FY 2025 · -14% YoY

  • Indian entity net profit
    ₹2.12 Cr

    FY 2025 · 10% margin

  • Indian entity EBITDA
    ₹3.55 Cr

    FY 2025 · 17% margin

  • Total Equity Funding
    $34.5M (USD)

    in 3 rounds

  • Latest Funding Round
    $17.5M (USD), Series B

    Dec 2017

  • Investors
    Sky

    & 7 more

  • Employee Count
    39

Products & Services of Caavo

Caavo offers a comprehensive portfolio of products and services, including JubileeTV Control Center and Support Services.

JubileeTV Control Center
Communication Platform

TV-based system for senior living support and family interactions.

Support Services
Customer Assistance

Platform for account cancellation and accessory ordering.

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 $34.5M
  • Total Rounds 3
  • Last Round Series B β€” $17.5M
  • First Round $2M

    (Oct 2016)

  • Investors Count 8

All 3 funding rounds of Caavo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2017$17.5MSeries B–Time Warner Investments
Feb 2017$15MSeries A–Hearst
Oct 2016$2MSeed–Sky
–
Valuation history

8 investors in total: 6 institutional and 2 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early to mid-stage ventures are funded by the firm.
timewarner.com/company/time-warner-investmentsNew York, United States
Tech-focused seed, early, and mid-stage VC investments are made globally.
dcm.comMenlo Park, United States
Venture capital firm specializing in early-stage tech investments and founder support.
1965greylock.com
Sky is recognized as a provider of TV, broadband, and mobile services.
1990sky.comIsleworth, United Kingdom
Banking services are provided to innovative companies, investors, and individuals.
1983svb.comSanta Clara, United States
Media conglomerate
1887hearst.comNew York, United States

Jason Krikorian

Angel investor, co-founder of Sling Media, active in Indian startups
unknown_0ed504aae7334611a

David Sze

Venture capitalist at Greylock Partners, early investor in LinkedIn and Facebook
unknown_cfb181da3af14dc38
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Investor details for Caavo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Caavo Labs India Private Limited (Caavo)

Caavo Labs India Private Limited is the primary company behind Caavo. The board of Caavo Labs India Private Limited currently have 2 directors; the longest-serving is Vinod Karunathil Gopinath, appointed in 2015. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vinod Karunathil Gopinath
DIN 02676373
Whole-time director03 Mar 201511 yrs 8 moCaavo Labs India Private Limited
Ashish Dharampal Aggarwal
DIN 02505591
Director03 Mar 201511 yrs 8 moCaavo Labs India Private Limited

People of Caavo

35 people are tracked at Caavo (10 in leadership, 25 in team); the tracked headcount is 39.

NameRoleGroup
Roger Chung
VP, FinanceLeadership
Milan Bhalala
VP, GrowthLeadership
Sharath Hariharpur Satheesh
Director, Software EngineeringLeadership
Michelle Wright
VP, MarketingLeadership
CO-Founder, EngineeringLeadership
Paul Knutson
VP, Customer SupportLeadership
Co-Founder & CEOLeadership
Azhakeson Viyagappan
Director - ManufacturingLeadership
Amrit Pal Singh
Sr. Director, Cloud SoftwareLeadership
Narayanan Bhattathiripad
Sr. Director, HardwareLeadership
Mary Norton
Knowledge EngineerTeam
Sai Murali
Software Test EngineerTeam
Manish B
Engineer II, TestTeam
Conrad Gomes
Principal EngineerTeam
Aravintha Narayanan
Testing EngineerTeam
Jinesh M C
Software Test EngineerTeam
Murali Thirumalachar
Senior Manager AdministrationTeam
Bitto Niclavose
Senior Principal EngineerTeam
Kelly McAteer
Team Project Manager / Technical SupportTeam
S Shankara Raman
EngineerTeam

15 more people are available in the full profile.

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Complete people profiles for Caavo

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Financials of Caavo

Figures of Caavo Labs India Private Limited, the primary company behind Caavo, for FY 2025. Revenue was ₹21.36 Cr (-14% year on year). Net profit was ₹2.12 Cr (10% margin). EBITDA was ₹3.55 Cr (17% margin). Revenue has grown at a compounded annual rate of 0% over three years and +4% over five years.

  • ₹21.36 CrRevenue · FY 2025 · -14% YoY
  • ₹2.12 CrNet profit · 10% margin
  • ₹3.55 CrEBITDA · 17% margin
  • ₹1 LakhPaid-up capital
  • 39Employees (provident fund records)
  • 0%Revenue CAGR, 3 years
  • +4%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Caavo Labs India Private Limited are on its company page.

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Detailed financial statements for Caavo

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Caavo

3 dated milestones of Caavo across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Caavo is founded.
  2. Funding First funding round of $2.0M.
  3. Funding Latest funding round, Series B, of $17.5M.

Competitors of Caavo

Caavo has 3 listed competitors in our database, 2 of them funded. They include Brooklinen, Dormify and Bond Home.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
brooklinen.com2013New York, United States$60M
Internet-first brand of home textiles
dormify.com2011Rockville, United States$12.98M15
Internet first brand offering home improvement products
bondhome.io2016Cresskill, United States
Smart home solutions are provided through connected devices and apps.
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Detailed competitors of Caavo

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Verified entity values are shown only after access is granted.

Web traffic of Caavo

The website of Caavo (caavo.com) receives about 6K visits a month.

  • Monthly visits
    6K

    ▼ 32.1% vs previous month

Top companies in Sensors & Smart Devices

3 companies that operate in the same segment as Caavo (Sensors & Smart Devices) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart fitness equipment and streaming platforms are provided.
2011New York, New York, United StatesUSD 995.53 MUSD 2.45 B2,894
VR-based head-mounted displays for gaming are provided by Oculus.
2012Menlo Park, California, United StatesUSD 107.05 M
Cloud-based business telephony and home security services are provided.
2004Palo Alto, California, United StatesUSD 87.97 MUSD 273.6 M1,190
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Related news about Caavo

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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. The company's 1st funding round was a Seed of $2M, raised on Oct 2016.

Caavo has 39 employees.

The primary company behind Caavo, Caavo Labs India Private Limited, reported revenue of β‚Ή21.36 Cr for FY 2025, down 14% year on year.

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.

Caavo operates through Caavo Labs India Private Limited.

The legal entities of Caavo currently have 2 directors, including Vinod Karunathil Gopinath, Ashish Dharampal Aggarwal.

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