About IOTAS
IOTAS is a Business Services company based in Portland (United States) founded in 2014, and was acquired by ADT in June 2022. Various connected devices are integrated via a smart home hub. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. IOTAS has raised $17.91 million across 10 funding rounds from investors including ADT, Liberty Global and TELUS Ventures. The company has 30 employees. IOTAS offers products and services including Resident App, Smart Lighting, Smart Locks, Smart Thermostats, and Leak Detection. Its focus areas include Real Estate and Construction Tech, Property Management Tech, Community Management and Smart Devices Integrated. Its legal entity is IOTAS INC. Its competitors include Vivint, Particle and MRI Software; 3 of its 3 listed competitors have raised funding.
Company details
IOTAS was founded in 2014 in Portland, United States, within the Internet of Things sector. A proprietary smart home hub is offered to connect and control devices such as outlets, switches, sensors, and thermostats. Home appliances are automated through this platform, with machine learning applied to adapt to user patterns. Operations focus on device integration and centralized management for residential settings.
- Headquarters Portland, United States
- Employees 30
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction Technology
- Email••••••••
- Phone•••• ••••
- Website iotashome.com
- Social LinkedIn X Facebook
- Acquired by ADT (Jun 2022)
- Legal Name Iotas Inc.
Products & Services of IOTAS
IOTAS offers a comprehensive portfolio of products and services, including Resident App, Smart Lighting, Smart Locks, Smart Thermostats, and Leak Detection.
App for controlling smart apartment devices remotely.
System for energy-saving lighting control via apps.
Locks managed remotely for secure apartment access.
Thermostats for automated temperature adjustments.
Sensors to detect leaks and prevent damage.
Funding Insights of IOTAS
IOTAS has successfully raised a total of $17.91M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $2.76 million completed in April 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 $17.91M
- Total Rounds 10
- Last Round Series A — $2.76M
- First Round $645,000
(Nov 2014)
- Investors Count 8
All 10 funding rounds of IOTAS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $2.76M | Series A | – | – | – |
| Oct 2019 | $8.5M | Series A | – | TELUS Ventures | |
| Nov 2018 | $700,000 | Series A | – | – | – |
| Nov 2017 | $5.3M | Series A | – | Rogue Venture Partners, Oregon Venture Fund | – |
| Nov 2017 | Series A | – | Intel Capital | – | |
| Apr 2017 | $727,647 | Grant | – | – | |
| Jan 2017 | $727,647 | Grant | – | – | |
| Jan 2016 | $179,999 | Grant | – | – | |
| Dec 2015 | Seed | – | – | ||
| Nov 2014 | $645,000 | Seed | – | – | – |
9 investors in total: 9 institutional.
Investors in IOTAS
IOTAS has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include ADT, Liberty Global and TELUS Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in multiple sectors are directed by TELUS Ventures. | telus.com/ventures | Vancouver, Canada | ||
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
| roguevp.com | ||||
Funding is provided to innovative startups in Oregon. | oregonventurefund.com | United States | ||
Venture capital fund backed by the US Government | seedfund.nsf.gov | Alexandria, United States | ||
US-based startups are accelerated and funded via venture capital support. | portlandseedfund.com | Portland, United States | ||
Mobile communication and broadband network services are provided worldwide. | 2005 | libertyglobal.com | London, United Kingdom | |
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
Cloud-based surveillance solutions for home and business security are provided. | 1874 | adt.com | Boca Raton, United States |
Investor details for IOTAS
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People of IOTAS
5 people are tracked at IOTAS (1 in leadership, 4 in team); the tracked headcount is 30.
| Name | Role | Group |
|---|---|---|
Jeremy Steinhauer | Founder and VP of Data | Leadership |
Brandon Acosta | Data Engineer | Team |
Lloyd Hickey | Regional Sales Manager | Team |
Bill Seaman | Lead iOS Developer | Team |
Taylor Jones, RCDD, PMP | Strategic Consultant | Team |
Complete people profiles for IOTAS
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Timeline of IOTAS
4 dated milestones of IOTAS across 8 years, from founding to its latest funding, stage changes and deals.
- Founded IOTAS is founded.
- Funding First funding round of $645K.
- Funding Latest funding round, Series A, of $2.8M.
- Exit Acquired by ADT.
Competitors of IOTAS
IOTAS has 3 listed competitors in our database, 3 of them funded. They include Vivint, Particle and MRI Software.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vivint.com | 1999 | Provo, United States | $172M | 11,275 | Cloud-based smart security cameras are manufactured for home use. | |
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| mrisoftware.com | 1971 | Solon, United States | $125M | 781 | Property management software is provided for residential and commercial properties. |
Detailed competitors of IOTAS
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Web traffic of IOTAS
The website of IOTAS (iotashome.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 47.8% vs previous month
Top companies in Facility Management Platforms
3 companies that operate in the same segment as IOTAS (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | 2,458 | ||
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | 463 | ||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Related news about Iotas
Complete news archive for IOTAS
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Frequently Asked Questions about IOTAS
IOTAS was founded in 2014.
IOTAS is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
IOTAS is a funded company, having raised a total of $17.91M across 10 funding rounds to date. The company's 1st funding round was a Seed of $645K, raised on Nov 2014.
IOTAS has 30 employees.
IOTAS was founded in 2014 in Portland, United States, within the Internet of Things sector. A proprietary smart home hub is offered to connect and control devices such as outlets, switches, sensors, and thermostats. Home appliances are automated through this platform, with machine learning applied to adapt to user patterns. Operations focus on device integration and centralized management for residential settings.
IOTAS's top competitors include Vivint, Particle and MRI Software.
IOTAS offers Resident App, Smart Lighting, Smart Locks, Smart Thermostats, and Leak Detection.
IOTAS has 9 investors. Key investors include ADT, Liberty Global, TELUS Ventures, Intel Capital, and Rogue Venture Partners.
IOTAS operates through Iotas Inc..
Yes. IOTAS was acquired by ADT in June 2022.