Netatmo

Founded: 2011 • Age: 15 yrs Acquired By Legrand
Diversified smart home products are manufactured and supplied by Netatmo.
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About Netatmo

Netatmo is a company founded in 2011 by Jean-Pierre Dumolard was acquired by Legrand in November 2018.. Netatmo has raised $37.8 million across 2 funding rounds from investors including Legrand, Bpifrance and IRIS. Netatmo offers products and services including Smart Outdoor Camera, Smart Thermostat, Smart Home Weather Station, Smart Indoor Camera, and Smart Door Lock. Netatmo operates in a competitive market with competitors including ecobee, Atomberg, Notion, AiDot and Hey Home, among others.

  • Founders Jean-Pierre Dumolard
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Netatmo
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $37.8 M (USD)

    in 2 rounds

  • Latest Funding Round
    $32 M (USD), Series B

    Nov 05, 2015

  • Investors
    Legrand

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Legrand

    (Nov 15, 2018)

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Products & Services of Netatmo

Netatmo offers a comprehensive portfolio of products and services, including Smart Outdoor Camera, Smart Thermostat, Smart Home Weather Station, Smart Indoor Camera, and Smart Door Lock. 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

Device for outdoor surveillance and intrusion detection.

Tool to optimize home heating and energy consumption.

System for monitoring environmental conditions like temperature.

Camera for indoor property monitoring and alerts.

Lock for secure and flexible home access control.

People of Netatmo
Headcount 200-500
Employee Profiles 103
Employee Profiles
People
Céline Bensahla-Tani
Lead Product Manager
People
David Martin
Head Of Legrand Smart Home Solutions
People
Ayça İnç Ünal
Product Manager
People
Lucas Champsaur
Product Manager

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Funding Insights of Netatmo

Netatmo has successfully raised a total of $37.8M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $32 million completed in November 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 2
  • Last Round Series B — $32.0M
  • First Round

    (06 Jun 2013)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2015 Amount Series B - Netatmo Valuation Legrand
Jun, 2013 Amount Series A - Netatmo 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 Netatmo

Netatmo has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Legrand, Bpifrance and IRIS. 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
Institutional
Angel
Investor Description Founded Year Domain Location
A venture capital firm focused on tech investments is operated.
Founded Year Domain Location
Electrical and digital solutions for building infrastructures are provided.
Founded Year Domain Location
Corporate consultancy, advisory, and funding services are provided to businesses.
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 Netatmo

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 - Netatmo

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

Netatmo Comparisons

Employees
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Competitors of Netatmo

Netatmo 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 ecobee, Atomberg, Notion, AiDot and Hey Home, 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
Provider of smart thermostats for commercial and residential applications
domain founded_year HQ Location
Energy-efficient ceiling fans and smart home appliances are provided.
domain founded_year HQ Location
Diversified smart home products including hubs and sensors are provided.
domain founded_year HQ Location
Delivers a cloud-based app for comprehensive smart home control.
domain founded_year HQ Location
Diversified smart home products including security and automation 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 Netatmo

Frequently Asked Questions about Netatmo

When was Netatmo founded?

Netatmo was founded in 2011 and raised its 1st funding round 2 years after it was founded.

Is Netatmo a funded company?

Netatmo is a funded company, having raised a total of $37.8M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.8M, raised on Jun 06, 2013.

What does Netatmo do?

Netatmo was founded in 2011 as a France-based company in the smart home sector. A range of products is manufactured, including home security devices such as surveillance cameras, smoke detectors, video doorbells, sensors, and smart locks; energy management solutions like thermostats and radiators; and environmental monitors for air quality, rain, and wind. Remote device control is enabled through a mobile application compatible with Android and iOS platforms.

Who are the top competitors of Netatmo?

Netatmo's top competitors include Atomberg, ecobee and Notion.

What products or services does Netatmo offer?

Netatmo offers Smart Outdoor Camera, Smart Thermostat, Smart Home Weather Station, Smart Indoor Camera, and Smart Door Lock.

Who are Netatmo's investors?

Netatmo has 4 investors. Key investors include Legrand, Bpifrance, IRIS, and Pascal Cagni.

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