About OpenMotics
OpenMotics is a company based in Gentbrugge (Belgium) founded in 2007 by Frederick Ryckbosch and Kenneth Henderick.. OpenMotics offers products and services including Ventilation Systems, Smart Living App, and Zonwering Screens. OpenMotics operates in a competitive market with competitors including SmartThings, Savant Systems, IOTAS, Dwelo and Aliste, among others.
- Headquarter Gentbrugge, Belgium
- Founders Frederick Ryckbosch, Kenneth Henderick
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Renson Ventilation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$409.28 K (USD), Grant
Oct 01, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of OpenMotics
OpenMotics offers a comprehensive portfolio of products and services, including Ventilation Systems, Smart Living App, and Zonwering Screens. 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.
Provides mechanical ventilation for healthy indoor air quality.
App for managing home devices and energy consumption remotely.
Screens that offer natural cooling and privacy control.
Funding Insights of OpenMotics
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $409,283
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First Round
First Round
(01 Oct 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2019 | Amount | Grant - OpenMotics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in OpenMotics
OpenMotics has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 OpenMotics
| 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 - OpenMotics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Openmotics Comparisons
Competitors of OpenMotics
OpenMotics 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 SmartThings, Savant Systems, IOTAS, Dwelo and Aliste, 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 |
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| domain | founded_year | HQ Location |
Home automation is enabled through internet-connected devices and sensors.
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Connected devices are managed via an app and hub system.
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Various connected devices are integrated via a smart home hub.
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Smart apartment management solutions are offered for managers and residents.
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Smart home automation systems and control apps are provided.
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A platform for rule-based automation of IoT applications is offered.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about OpenMotics
When was OpenMotics founded?
OpenMotics was founded in 2007 and raised its 1st funding round 12 years after it was founded.
Where is OpenMotics located?
OpenMotics is headquartered in Gentbrugge, Belgium. It is registered at Gentbrugge, East Flanders, Belgium.
Who is the current CEO of OpenMotics?
Pieter De Clerck is the current CEO of OpenMotics.
What does OpenMotics do?
OpenMotics provides automation solutions for smart homes, buildings, and communities. It is a software and hardware platform for automation. Through the platform, it provides the possibility for communication that results in automation and optimization. It creates a central platform for monitoring, consulting and controlling all technologies. It claims to provide hardware modules such as temperature modules for controlling temperature, light, and humidity, input modules that receive its input from up to 8 connected switches, motion detectors or any other device, output modules has 8 built-in bi-stable relays that can toggle 8 electrical circuits or 4 roller shutters, power meter that measures 12VDC power supply, and gateway module that connects home automation and power sources. The gateway connects to the cloud platform through the ethernet connection.
Who are the top competitors of OpenMotics?
OpenMotics's top competitors include Savant Systems, SmartThings and IOTAS.
What products or services does OpenMotics offer?
OpenMotics offers Ventilation Systems, Smart Living App, and Zonwering Screens.
Who are OpenMotics's investors?
OpenMotics has 1 investor. Key investors include European Union.