Dwelo

San Jose, United States Founded: 2014 • Age: 12 yrs Acquired By Level
Smart apartment management solutions are offered for managers and residents.
Request Access

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
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Dwelo, Inc
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Real Estate & Construction → Property Technology (PropTech)
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • 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)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Dwelo

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

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

Unlock access to complete

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.

  • Total Funding
  • Total Rounds 7
  • Last Round Series A — $5.6M
  • First Round

    (20 Mar 2015)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Series A - Dwelo Valuation

investors

Mar, 2020 Amount Series A - Dwelo Valuation

investors

Dec, 2018 Amount Series A - Dwelo 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 Dwelo

Dwelo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Level, Peterson Partners and Moderne Ventures. 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
Venture Fund
Investor Description Founded Year Domain Location
Seed-stage investments in US tech and offline companies are targeted.
Founded Year Domain Location
Early-stage investments are provided to US tech and offline companies.
Founded Year Domain Location
Smart locks are designed and sold by Level.
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 Dwelo

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 - Dwelo

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

Dwelo Comparisons

Employees
+
Add Comparison
Available on Premium

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. 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
Cloud-based smart security cameras are manufactured for home use.
domain founded_year HQ Location
Connected devices are managed via an app and hub system.
domain founded_year HQ Location
Home automation is enabled through internet-connected devices and sensors.
domain founded_year HQ Location
Smart home products for security and energy efficiency are provided.
domain founded_year HQ Location
Cloud-based smart home management solutions for rentals are provided.
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 Dwelo

Frequently Asked Questions about Dwelo

When was Dwelo founded?

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

Where is Dwelo located?

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

Is Dwelo a funded company?

Dwelo is a funded company, having raised a total of $19.39M across 7 funding rounds to date. The company's 1st funding round was a Series A of $2.29M, raised on Mar 20, 2015.

How many employees does Dwelo have?

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

What does Dwelo do?

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.

Who are the top competitors of Dwelo?

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

What products or services does Dwelo offer?

Dwelo offers Ambient Platform.

Who are Dwelo's investors?

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

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available