Garageio

Columbus, United States Founded: 2013 • Age: 13 yrs
Remote control of garage doors is enabled via smartphone app.
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About Garageio

Garageio is a company based in Columbus (United States) founded in 2013.. Garageio has raised $250 thousand across 1 funding round from investors including Amazon. Garageio operates in a competitive market with competitors including Genie Company, myQ, Chamberlain Group, Chamberlain and Homy Hub, among others.

  • Headquarter Columbus, United States
  • Sectors
    Industrial Goods & Manufacturing
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Alottazs Labs, Llc
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $250 K (USD)

    in 1 rounds

  • Latest Funding Round
    $250 K (USD), Seed

    Jun 23, 2015

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Garageio

Garageio has successfully raised a total of $250K through 1 strategic funding round. The most recent funding activity was a Seed round of $250 thousand completed in June 2015. 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 1
  • Last Round Seed — $250,000
  • First Round

    (23 Jun 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2015 Amount Seed - Garageio Valuation Amazon
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 Garageio

Garageio has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Amazon. 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
Institutional
Investor Description Founded Year Domain Location
Multi-category products are offered through an online marketplace.
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 Garageio

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 - Garageio

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

Garageio Comparisons

Employees
+
Add Comparison
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Competitors of Garageio

Garageio 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 Genie Company, myQ, Chamberlain Group, Chamberlain and Homy Hub, 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
Device to monitor and control garage door
domain founded_year HQ Location
Offers smart solutions for garage control systems.
domain founded_year HQ Location
Cloud-based garage entry control systems and hardware are provided.
domain founded_year HQ Location
Developer of garage door openers
domain founded_year HQ Location
Manufacturer of garage entry control systems
domain founded_year HQ Location
Develops innovative connected technologies for controlling gates and garage doors.
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 Garageio

Frequently Asked Questions about Garageio

When was Garageio founded?

Garageio was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is Garageio located?

Garageio is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.

Is Garageio a funded company?

Garageio is a funded company, having raised a total of $250K across 1 funding round to date. The company's 1st funding round was a Seed of $250K, raised on Jun 23, 2015.

What does Garageio do?

Garageio, a product of Alottazs Labs, was established in 2013 in Columbus, United States. The device facilitates automated operation of up to three garage doors through a dedicated smartphone application. An internet connection is required for remote functionality. Access to the system can be extended to up to 10 individuals, allowing them to manage door opening and closing. Operations focus on smart home integration for residential garage management.

Who are the top competitors of Garageio?

Garageio's top competitors include Chamberlain Group, Genie Company and Chamberlain.

Who are Garageio's investors?

Garageio has 1 investor. Key investors include Amazon.

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