About Flo Technologies
Flo Technologies is a company based in Culver City (United States) founded in 2015 by Henry Halimi was acquired by Moen in July 2020.. Flo Technologies has raised $39.21 million across 3 funding rounds from investors including Plug and Play Tech Center, Anthemis Group and Fortune Brands. Flo Technologies operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
- Headquarter Culver City, United States
- Founders Henry Halimi
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Sectors
EnvironmentBusiness Services Energy & Utilities Technology Real Estate & Construction
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.21 M (USD)
in 3 rounds
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Latest Funding Round
$28.21 M (USD), Series B
Jan 04, 2019
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Investors
Plug and Play Tech Center
& 5 more
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Employee Count
Employee Count
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Acquired by
Moen
(Jul 08, 2020)
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Funding Insights of Flo Technologies
Flo Technologies has successfully raised a total of $39.21M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $28.21 million completed in January 2019. 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 3
- Last Round Series B — $28.2M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Series B - Flo Technologies | Valuation | Fortune Brands Home & Security |
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| Nov, 2017 | Amount | Series A - Flo Technologies | Valuation | Crosslink Capital | |
| Oct, 2015 | Amount | Seed - Flo Technologies | Valuation | Plug and Play Tech Center |
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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 Flo Technologies
Flo Technologies has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Anthemis Group and Fortune Brands. 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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Venture capital is invested in various sectors by Crosslink Capital.
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Founded Year | Domain | Location | |
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Early and growth-stage startups are funded by Anthemis Group.
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Founded Year | Domain | Location | |
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Early-stage investments are directed toward fintech, insurtech, and AI startups.
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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 Flo Technologies
| 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 - Flo Technologies
| 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 |
Flo Technologies Comparisons
Competitors of Flo Technologies
Flo Technologies 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, ecobee, Signify, Landis+Gyr and Span.IO, 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 |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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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 |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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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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Latest news on Flo Technologies
Frequently Asked Questions about Flo Technologies
When was Flo Technologies founded?
Flo Technologies was founded in 2015.
Where is Flo Technologies located?
Flo Technologies is headquartered in Culver City, United States. It is registered at Culver City, California, United States.
Is Flo Technologies a funded company?
Flo Technologies is a funded company, having raised a total of $39.21M across 3 funding rounds to date.
What does Flo Technologies do?
Connected water-monitoring solution for smart home applications. It consists of a Wi-Fi-connected device, to be installed on the main water supply line, that continually monitors the flow, pressure, and temperature of water in the home. Uses machine learning to proactively detect leaks and automatically shuts off the supply in response to a pipe burst, flooding, or other irregularities. Also learns the homes water usage pattern to conserve water. It also offers a companion application, compatible with both iOS and Android, for controlling conservation, monitoring, and security settings.
Who are the top competitors of Flo Technologies?
Flo Technologies's top competitors include ecobee, Particle and Landis+Gyr.
Who are Flo Technologies's investors?
Flo Technologies has 6 investors. Key investors include Plug and Play Tech Center, Anthemis Group, Fortune Brands, Crosslink Capital, and USAA Corporate Development.
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