About Resideo
Resideo is a company based in Wilmington (United States) founded in 2018.. The company has 14,600 employees as of December 31, 2024. Resideo has completed 10 acquisitions, including Arrow Wire & Cable, BTX and Buoy. Resideo offers products and services including Smart Thermostat, Security Camera, and Water Leak Detector. Resideo operates in a competitive market with competitors including Particle, ecobee, MRI Software, Savant Systems and Signify, among others.
- Headquarter Wilmington, United States
- Employees 14600 as on 31 Dec, 2024
- Stage Public
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Sectors
Industrial Goods & ManufacturingBusiness Services Energy & Utilities Technology Real Estate & Construction
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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 Resideo Technologies, Inc.
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Annual Revenue
$6.76 B8.31as on Dec 31, 2024
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Net Profit
$116 M-44.76as on Dec 31, 2024
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EBITDA
$716 M4.22as on Dec 31, 2024
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Latest Funding Round
$500 M (USD), Post-IPO
Apr 16, 2024
- Investors
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Employee Count
14600
as on Dec 31, 2024
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Investments & Acquisitions
Arrow Wire & Cable
& 9 more
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IPO & Listings of Resideo
Resideo is a publicly listed company on the NYSE with ticker symbol REZI in USA, operating in the Distribution services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Resideo
Resideo offers a comprehensive portfolio of products and services, including Smart Thermostat, Security Camera, and Water Leak Detector. 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.
Device for remote temperature control and energy savings.
Camera for monitoring home activities via app.
Sensor to detect and alert on water leaks.
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Software Development Team
224 people
Sales and Marketing
93 people
Product Management Team
50 people
Leadership Team
46 people
Senior Team
31 people
Human Resources and Administration
31 people
Finance and Accounting
27 people
Creative and Marketing Team
22 people
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Funding Insights of Resideo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $500.0M
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First Round
First Round
(16 Apr 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Post-IPO - Resideo | 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 |
investors |
Investors in Resideo
Resideo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CD&R. 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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A private equity firm focused on building long-term business value.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 Resideo
Resideo has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Arrow Wire & Cable, BTX and Buoy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Remote HVAC systems in homes are monitored for malfunctions.
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2016 | ||||
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Water usage and leaks are monitored by connected home devices.
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2015 | ||||
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Vision system solutions for camera development are provided.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Resideo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Resideo Comparisons
Competitors of Resideo
Resideo 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 Particle, ecobee, MRI Software, Savant Systems and Signify, 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 |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
Connected devices are managed via an app and hub system.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
Cloud-based smart security cameras are manufactured for home use.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Resideo
Frequently Asked Questions about Resideo
When was Resideo founded?
Resideo was founded in 2018 and raised its 1st funding round 6 years after it was founded.
Where is Resideo located?
Resideo is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Who is the current CEO of Resideo?
Jay Geldmacher is the current CEO of Resideo.
How many employees does Resideo have?
As of Dec 31, 2024, the latest employee count at Resideo is 14,600.
What is the annual revenue of Resideo?
Annual revenue of Resideo is $6.76B as on Dec 31, 2024.
What does Resideo do?
Resideo was founded in 2018 and is headquartered in Wilmington, United States. Operations focus on the smart home technology sector, where a range of products including thermostats, security systems, leak detectors, and accessories is developed and distributed. Solutions address air quality control, water management, and energy efficiency. Mobile apps enable remote monitoring and control, while professional installation support and related services are offered to users.
Who are the top competitors of Resideo?
What products or services does Resideo offer?
Resideo offers Smart Thermostat, Security Camera, and Water Leak Detector.
Is Resideo publicly traded?
Yes, Resideo is publicly traded on NYSE under the ticker symbol REZI.
How many acquisitions has Resideo made?
Resideo has made 10 acquisitions, including Arrow Wire & Cable, BTX, and Buoy.
Who are Resideo's investors?
Resideo has 1 investor. Key investors include CD&R.
What is Resideo's ticker symbol?
The ticker symbol of Resideo is REZI on NYSE.
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