About IOTAS
IOTAS is a company based in Portland (United States) founded in 2014 was acquired by ADT in June 2022. IOTAS has raised $17.91 million across 10 funding rounds from investors including ADT, Liberty Global and TELUS Ventures. The company has 30 employees as of December 31, 2022. IOTAS offers products and services including Resident App, Smart Lighting, Smart Locks, Smart Thermostats, and Leak Detection. IOTAS operates in a competitive market with competitors including Vivint, Particle, Signify, Landis+Gyr and MRI Software, among others.
- Headquarter Portland, United States
- Employees 30 as on 31 Dec, 2022
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Business ServicesEnergy & Utilities Real Estate & Construction Technology
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- Legal Name Iotas Inc.
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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.
People of IOTAS
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Data Analysis and Operations Team
2 people
Sales and Marketing
1 people
Lead Team
1 people
Strategic Team
1 people
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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.
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.
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Investments in multiple sectors are directed by TELUS Ventures.
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Investment in technology startups focusing on compute, AI, and related innovations.
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Investor details for IOTAS
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Investments & Acquisitions by IOTAS
Investment portfolio details for IOTAS
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Financial Statements - IOTAS
Detailed financials for IOTAS
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Iotas Comparisons
Peer comparison for IOTAS
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Competitors of IOTAS
IOTAS 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, Particle, Signify, Landis+Gyr and MRI Software, among others.
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Cloud-based smart security cameras are manufactured for home use.
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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Connected devices are managed via an app and hub system.
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Detailed competitors of IOTAS
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Latest news on 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.
As of Dec 31, 2022, the latest employee count at IOTAS is 30.
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 Landis+Gyr.
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.