About Daintree
Daintree is a company based in Los Altos (United States) founded in 2003 was acquired by Current by GE in April 2016.. Daintree has raised $8 million across 2 funding rounds from investors including Lendlease and Current by GE. Daintree offers products and services including Albeo, Daintree, and Tetra. Daintree operates in a competitive market with competitors including Particle, Signify, Danfoss, Landis+Gyr and MRI Software, among others.
- Headquarter Los Altos, United States
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Current Lighting Solutions, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Debt – Conventional
Mar 11, 2011
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Investors
Lendlease
& 1 more
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Employee Count
Employee Count
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Acquired by
Current by GE
(Apr 21, 2016)
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Products & Services of Daintree
Daintree offers a comprehensive portfolio of products and services, including Albeo, Daintree, and Tetra. 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.
Advanced LED lighting for industrial environments
Smart control systems for lighting networks
LED solutions for commercial signage applications
Funding Insights of Daintree
Daintree has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4 million completed in March 2011. 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 2
- Last Round Debt – Conventional — $4.0M
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First Round
First Round
(16 Apr 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2011 | Amount | Debt – Conventional - Daintree | Valuation |
investors |
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| Apr, 2010 | Amount | Series A - Daintree | Valuation | Lendlease |
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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 Daintree
Daintree has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lendlease and Current by GE. 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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Sustainable project development and maintenance services are provided worldwide.
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Founded Year | Domain | Location | |
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Energy management solutions are provided for commercial and industrial sectors.
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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 Daintree
| 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 - Daintree
| 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 |
Daintree Comparisons
Competitors of Daintree
Daintree 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 Particle, Signify, Danfoss, Landis+Gyr and MRI Software, 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 |
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
Manufacturer of energy efficiency products
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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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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Frequently Asked Questions about Daintree
When was Daintree founded?
Daintree was founded in 2003 and raised its 1st funding round 7 years after it was founded.
Where is Daintree located?
Daintree is headquartered in Los Altos, United States. It is registered at Los Altos, California, United States.
Is Daintree a funded company?
Daintree is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Apr 16, 2010.
What does Daintree do?
Daintree was founded in 2003 in Los Altos, United States, focusing on the energy management sector. Products for wireless control automation in buildings are provided, including an energy management system with software and hardware components. The Wireless Area Controller is utilized to handle communications and local control for devices such as switches, sensors, and thermostats. Acquisition by Current, powered by GE, occurred in April 2016.
Who are the top competitors of Daintree?
Daintree's top competitors include Particle, Landis+Gyr and Danfoss.
What products or services does Daintree offer?
Daintree offers Albeo, Daintree, and Tetra.
Who are Daintree's investors?
Daintree has 2 investors. Key investors include Lendlease, and Current by GE.