Dwelo

San Jose, United States Founded: 2014 • Age: 12 yrs Acquired By Level
Smart apartment management solutions are offered for managers and residents.
Annual revenue - Latest available
Total funding $19.4M 7 rounds
Employees 49 Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 8 Brand Intelligence

About Dwelo

Dwelo is a company based in San Jose (United States) founded in 2014 was acquired by Level in November 2021. Dwelo has raised $19.39 million across 7 funding rounds from investors including Level, Peterson Partners and Moderne Ventures. The company has 49 employees as of December 31, 2020. Dwelo offers products and services including Ambient Platform. Dwelo operates in a competitive market with competitors including Vivint, Savant Systems, SmartThings, Resideo and SmartRent, among others.

  • Headquarter San Jose, United States
  • Employees 49 as on 31 Dec, 2020
  • Sectors
    Energy & Utilities
    Real Estate & Construction Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Dwelo, Inc
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $19.39 M (USD)

    in 7 rounds

  • Latest Funding Round
    $5.6 M (USD), Series A

    Feb 10, 2021

  • Investors
    Level

    & 2 more

  • Employee Count
    49

    as on Dec 31, 2020

  • Acquired by
    Level

    (Nov 10, 2021)

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Products & Services of Dwelo

Dwelo offers a comprehensive portfolio of products and services, including Ambient Platform.

Product name locked
Category locked
Primary

Service that enhances apartment living via operational and engineering integration.

People of Dwelo

Headcount 50-200
Employee Profiles 17
Employee Profiles
People
Glenn de Falkenberg
Business Development Manager
People
Cade Carter
VP of Sales
People
Westley Stoddard
Regional Sales Manager
People
Ryan Gamache
SDR | Sales Operations

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Funding Insights of Dwelo

Dwelo has successfully raised a total of $19.39M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $5.6 million completed in February 2021. 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 Dwelo

Dwelo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Level, Peterson Partners and Moderne Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Seed-stage investments in US tech and offline companies are targeted.
Locked Locked Locked
Early-stage investments are provided to US tech and offline companies.
Locked Locked Locked
Smart locks are designed and sold by Level.
Locked Locked Locked
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Investor details for Dwelo

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  • Investor domains
  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Dwelo

Investments
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Investment portfolio details for Dwelo

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  • Transaction dates
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Financial Statements - Dwelo

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Detailed financials for Dwelo

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  • Profit trends
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Dwelo Comparisons

Dwelo Primary company
Description
Smart apartment management solutions are offered for manager...
Location
San Jose, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
49
As of 2020
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Peer comparison for Dwelo

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Competitors of Dwelo

Dwelo 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 Vivint, Savant Systems, SmartThings, Resideo and SmartRent, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based smart security cameras are manufactured for home use.
Locked Locked Locked
Connected devices are managed via an app and hub system.
Locked Locked Locked
Home automation is enabled through internet-connected devices and sensors.
Locked Locked Locked
Smart home products for security and energy efficiency are provided.
Locked Locked Locked
Cloud-based smart home management solutions for rentals are provided.
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Detailed competitors of Dwelo

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Latest news on Dwelo

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Complete news archive for Dwelo

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Frequently Asked Questions about Dwelo

Dwelo was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Dwelo is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Dwelo is a funded company, having raised a total of $19.39M across 7 funding rounds to date.

As of Dec 31, 2020, the latest employee count at Dwelo is 49.

Dwelo was founded in 2014 in San Jose, United States, within the proptech sector. A hub is utilized in apartments to connect with automation devices such as lighting, locks, and thermostats. Property managers are enabled to oversee vacant units and grant tenant access via the platform. Residents are allowed to control home devices through the same system. Operations follow a subscription model, supplemented by upfront costs for smart devices.

Dwelo's top competitors include Vivint, Savant Systems and Resideo.

Dwelo offers Ambient Platform.

Dwelo has 3 investors. Key investors include Level, Peterson Partners, and Moderne Ventures.

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