About Peel
Peel is a company based in Mountain View (United States) founded in 2009. Peel has raised $86.7 million across 4 funding rounds from investors including Alibaba Group, TransLink Capital and Redpoint Ventures. The company has 12 employees as of April 08, 2024. Peel has completed 1 acquisition, including Mozitek. Peel operates in a competitive market with competitors including Caavo, Seven Hugs, Bond Home, Unified Remote and Xped, among others.
- Headquarter Mountain View, United States
- Employees 12 as on 08 Apr, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Peel Technologies (India) Private Limited
- Date of Incorporation 14 May, 2015
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$1.52 M (USD)103.27as on Mar 31, 2017
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Net Profit
$137.21 K (USD)78as on Mar 31, 2017
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EBITDA
$380.78 K (USD)210.02as on Mar 31, 2017
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Total Equity Funding
$86.7 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series D
Oct 09, 2014
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Investors
Alibaba Group
& 3 more
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Employee Count
12
as on Apr 08, 2024
- Investments & Acquisitions
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Funding Insights of Peel
Peel has successfully raised a total of $86.7M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $50 million completed in October 2014. 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 Funding
- Total Rounds 4
- Last Round Series D — $50.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2014 | Amount | Series D - Peel | Valuation | Alibaba Group |
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| Apr, 2013 | Amount | Series C - Peel | Valuation |
investors |
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| May, 2011 | Amount | Series B - Peel | Valuation |
investors |
Investors in Peel
Peel has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba Group, TransLink Capital and Redpoint Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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US & Asia focused seed, early & expansion stage VC firm
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Founded Year | Domain | Location | |
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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in early-stage startups in the US
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Founded Year | Domain | Location |
Investments & Acquisitions by Peel
Peel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mozitek.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based platform for media sharing
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2018 |
Financial Statements - Peel
Peel Comparisons
Competitors of Peel
Peel 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 Caavo, Seven Hugs, Bond Home, Unified Remote and Xped, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Private label brand of universal remote controllers
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| domain | founded_year | HQ Location |
Developer of home automation solutions
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| domain | founded_year | HQ Location |
Smart home solutions are provided through connected devices and apps.
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| domain | founded_year | HQ Location |
Remote control apps for PCs and TVs are developed.
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| domain | founded_year | HQ Location |
Hardware and software connectivity solutions for IoT applications are provided.
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Frequently Asked Questions about Peel
Peel was founded in 2009.
Peel is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Peel is a funded company, having raised a total of $86.7M across 4 funding rounds to date. The company's 1st funding round was a Series B of $16.7M, raised on Jan 01, 2009.
As of Apr 08, 2024, the latest employee count at Peel is 12.
Annual revenue of Peel is $1.52M as on Mar 31, 2017.
Peel was founded in 2009 and is headquartered in Mountain View, United States. A mobile application is provided by the company for remote control of televisions, gaming consoles, and AV receivers. Functionality is enabled through internet connectivity or infrared capabilities on smartphones and tablets, serving the consumer electronics sector. Operations focus on universal remote solutions for home entertainment systems.
Peel's top competitors include Caavo, Bond Home and Seven Hugs.
Peel has made 1 acquisition, including Mozitek.
Peel has 4 investors. Key investors include Alibaba Group, TransLink Capital, Redpoint Ventures, and Harrison Metal.