About SmarTap
SmarTap is a company based in Haifa (Israel) founded in 2009 was acquired by Masco Corporation in May 2020.. SmarTap operates in a competitive market with competitors including Flo Technologies, Phyn, Alert Labs, Hero Labs and NextCentury, among others.
- Headquarter Haifa, Israel
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Sectors
EnvironmentTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Masco Corporation
& 1 more
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Employee Count
Employee Count
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Acquired by
Masco Corporation
(May 31, 2020)
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Funding Insights of SmarTap
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2009 | Amount | Seed - SmarTap | Valuation |
investors |
| 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 |
Investors in SmarTap
SmarTap has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Masco Corporation and Terra Venture Partners. 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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Founded Year | Domain | Location | |
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Cabinetry, plumbing, and architectural products are manufactured worldwide.
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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 SmarTap
| 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 - SmarTap
| 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 |
Smartap Comparisons
Competitors of SmarTap
SmarTap 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 Flo Technologies, Phyn, Alert Labs, Hero Labs and NextCentury, 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 |
Connected water-monitoring solution for smart home applications
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| domain | founded_year | HQ Location |
Connected water pressure monitoring system for smart homes
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| domain | founded_year | HQ Location |
A range of connected sensors for basement monitoring is developed.
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| domain | founded_year | HQ Location |
IoT solution for detecting, preventing, and stopping water leaks in home and businesses
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| domain | founded_year | HQ Location |
Leak detection systems are developed for residential and commercial applications.
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| domain | founded_year | HQ Location |
Water consumption is optimized by Hydrao's smart shower heads.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about SmarTap
When was SmarTap founded?
SmarTap was founded in 2009.
Where is SmarTap located?
SmarTap is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.
What does SmarTap do?
SmarTap provides a smart connected tap shower faucet which can be controlled via smartphones voice commands. Has developed a patented technology which learns water usage pattern adjusts the water parameters accordingly. Can be integrated with Amazon Alexa, Google Home other smart home products. Features include temperature flow controlling, shower sequencing, kids mode, pipe pressure monitoring built-in battery backup. The faucets can be remotely controlled through a smartphone application can perform diagnostic tests.
Who are the top competitors of SmarTap?
SmarTap's top competitors include Phyn, Alert Labs and Flo Technologies.
Who are SmarTap's investors?
SmarTap has 2 investors. Key investors include Masco Corporation, and Terra Venture Partners.