Candy House

Palo Alto, United States Founded: 2014 • Age: 12 yrs
Developer of smart locks for homes

About Candy House

Candy House is a company based in Palo Alto (United States) founded in 2014.. Candy House offers products and services including SESAME 5, SESAME Touch, SESAME Touch Pro, SESAME Open Sensor, and SESAME Bike 2. Candy House operates in a competitive market with competitors including Assa Abloy, Level, Gate Labs, igloohome and Nuki Home Solutions, among others.

  • Headquarter Palo Alto, United States
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Candy House, Inc.
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    ITOCHU

    & 2 more

  • Employee Count
    Employee Count
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Products & Services of Candy House

Candy House offers a comprehensive portfolio of products and services, including SESAME 5, SESAME Touch, SESAME Touch Pro, SESAME Open Sensor, and SESAME Bike 2. 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.

Primary

Redefines smart locks for home security with app control.

Enables access via fingerprint, IC card, or PIN code.

Offers durable smart lock for enhanced business usability.

Serves as a gatekeeper for monitoring and access control.

Provides smart locking for bicycles with app integration.

Customizable robot for lifestyle automation tasks.

Facilitates remote control and new features for devices.

Allows wireless operation of smart locks and sensors.

People of Candy House
Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Jerming Gu
Founder and CEO

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Funding Insights of Candy House

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Seed - Candy House Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Candy House

Candy House has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include ITOCHU, Apaman and Wiz. 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.

All
Institutional
Investor Description Founded Year Domain Location
Diversified trading and procurement solutions are offered across multiple sectors.
Founded Year Domain Location
-
Founded Year Domain Location
Rental housing brokerage company
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Candy House

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Candy House

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Candy House Comparisons

Employees
+
Add Comparison
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Competitors of Candy House

Candy House 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 Assa Abloy, Level, Gate Labs, igloohome and Nuki Home Solutions, 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
Provider of cloud-based access control systems
domain founded_year HQ Location
Smart locks are designed and sold by Level.
domain founded_year HQ Location
Camera-equipped smart locks are developed for home entry.
domain founded_year HQ Location
Keyless smart locks are developed for consumer and commercial applications.
domain founded_year HQ Location
Cloud-based smart door locks are manufactured for remote access.
domain founded_year HQ Location
Provider of smart locks for diversified purposes
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Candy House

Frequently Asked Questions about Candy House

When was Candy House founded?

Candy House was founded in 2014 and raised its 1st funding round 8 years after it was founded.

Where is Candy House located?

Candy House is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

What does Candy House do?

Developer of smart locks for homes. Its device fits over the lock thus controlling its motion. Its device communicates with the users smartphone via bluetooth and locks the gate automatically whenever the user passes by. It lets check the status of the lock using the companion app. It also offers for a companion wifi dongle to gain remote access to the lock via wifi.

Who are the top competitors of Candy House?

Candy House's top competitors include igloohome, Assa Abloy and Level.

What products or services does Candy House offer?

Candy House offers SESAME 5, SESAME Touch, SESAME Touch Pro, SESAME Open Sensor, and 4 more products and services.

Who are Candy House's investors?

Candy House has 3 investors. Key investors include ITOCHU, Apaman, and Wiz.

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