About Domatic
Domatic is a company based in Palo Alto (United States) founded in 2019 by Jim Baldwin and Gladys Wong.. Domatic has raised $5.96 million across 5 funding rounds from investors including URBAN-X and Alchemist Accelerator. Domatic offers products and services including Low-Voltage DC Bus, Domatic-Enabled Fixtures, Domatic Power Hub, Domatic Cloud, and Fixture Development Kit. Domatic operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, MRI Software and Savant Systems, among others.
- Headquarter Palo Alto, United States
- Founders Jim Baldwin, Gladys Wong
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction Technology
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Email
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Phone
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Website
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Social
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- Legal Name Domatic, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.96 M (USD)
in 5 rounds
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Latest Funding Round
$100 K (USD), Series A
Apr 11, 2025
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Investors
URBAN-X
& 1 more
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Employee Count
Employee Count
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Products & Services of Domatic
Domatic offers a comprehensive portfolio of products and services, including Low-Voltage DC Bus, Domatic-Enabled Fixtures, Domatic Power Hub, Domatic Cloud, and Fixture Development Kit. 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.
Delivers power and data via low-voltage cable for building networks.
Controls lights, fans, and sensors in a unified smart network.
Centralizes power delivery and management for efficient operations.
Provides cloud-based insights into building performance metrics.
Enables creation of compatible fixtures for smart building integration.
Supports software development for Domatic's smart building features.
Facilitates access to cloud data for external applications.
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Funding Insights of Domatic
Domatic has successfully raised a total of $5.96M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $100 thousand completed in April 2025. 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 5
- Last Round Series A — $100,000
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First Round
First Round
(20 May 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2025 | Amount | Series A - Domatic | Valuation |
investors |
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| Oct, 2022 | Amount | Series A - Domatic | Valuation |
investors |
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| Jan, 2021 | Amount | Seed - Domatic | Valuation | URBAN-X |
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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 Domatic
Domatic has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include URBAN-X and Alchemist Accelerator. 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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Founded Year | Domain | Location | |
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Enterprise startups are accelerated via a 6-month program.
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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 Domatic
| 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 - Domatic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Domatic Comparisons
Competitors of Domatic
Domatic 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, Landis+Gyr, MRI Software and Savant Systems, 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 |
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 |
Connected devices are managed via an app and hub system.
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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 Domatic
When was Domatic founded?
Domatic was founded in 2019.
Where is Domatic located?
Domatic is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of Domatic?
Jim Baldwin is the current CEO of Domatic. They have also founded this company.
Is Domatic a funded company?
Domatic is a funded company, having raised a total of $5.96M across 5 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on May 20, 2019.
What does Domatic do?
Domatic was founded in 2019 in Palo Alto, United States, focusing on the smart building sector. A unified low-voltage system is offered for wiring and networking fixtures such as lights, fans, and sensors through a single cable that handles power and data. Plug-and-play installation is enabled, along with real-time management, energy optimization, and data analysis for building performance insights. Design, installation, and maintenance processes are streamlined across operations.
Who are the top competitors of Domatic?
Domatic's top competitors include Particle, Landis+Gyr and Signify.
What products or services does Domatic offer?
Domatic offers Low-Voltage DC Bus, Domatic-Enabled Fixtures, Domatic Power Hub, Domatic Cloud, and 3 more products and services.
Who are Domatic's investors?
Domatic has 2 investors. Key investors include URBAN-X, and Alchemist Accelerator.