SmartThings

Washington, United States Founded: 2012 • Age: 14 yrs Acquired By Samsung
Home automation is enabled through internet-connected devices and sensors.
Annual revenue - Latest available
Total funding $27.9M 3 rounds
Employees 217 Tracked headcount
Investors 8 Known backers
Products 5 Services tracked
Competitors 9 Brand Intelligence

About SmartThings

SmartThings is a company based in Washington (United States) founded in 2012 was acquired by Samsung in August 2014. SmartThings has raised $27.92 million across 3 funding rounds from investors including Samsung, Lerer Hippeau and Greylock Partners. The company has 217 employees as of December 31, 2021. SmartThings offers products and services including Galaxy Smartphone, SmartThings App, Samsung TV, Refrigerator, and Jet Bot Vacuum. SmartThings operates in a competitive market with competitors including Savant Systems, IOTAS, Dwelo, Aliste and Stringify, among others.

  • Headquarter Washington, United States
  • Employees 217 as on 31 Dec, 2021
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Smartthings, Inc.
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $27.92 M (USD)

    in 3 rounds

  • Latest Funding Round
    $12.42 M (USD), Series A

    Dec 31, 2013

  • Investors
    Samsung

    & 7 more

  • Employee Count
    217

    as on Dec 31, 2021

  • Acquired by
    Samsung

    (Aug 14, 2014)

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Products & Services of SmartThings

SmartThings offers a comprehensive portfolio of products and services, including Galaxy Smartphone, SmartThings App, Samsung TV, Refrigerator, and Jet Bot Vacuum.

Product name locked
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Primary

Smartphone for communication and entertainment features

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App for controlling and monitoring home devices

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Television with AI energy-saving capabilities

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Appliance with smart monitoring and energy features

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Robot vacuum for automated floor cleaning

People of SmartThings

Headcount 10000+
Employee Profiles 788
Board Members and Advisors 12
Employee Profiles
People
Liav Yehoshua
Information Technology Staff
People
Safa Hurayn
Software Developer
People
Kunal Shukla
Head Of Ecommerce - Mobile Enhancement & Eco-system Biz
People
Paulina Terlecka
Starszy Koordynator Ds. HR

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Board Members and Advisors
people
Byung-Gook Park
Independent Director
people
Sun-Uk Kim
Independent Director
people
Jun-Sung Kim
Independent Director
people
Wha-Jin Han
Independent Director

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Funding Insights of SmartThings

SmartThings has successfully raised a total of $27.92M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12.42 million completed in December 2013. 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.

Investors in SmartThings

SmartThings has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Samsung, Lerer Hippeau and Greylock Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm specializing in early-stage tech investments and founder support.
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Venture capital investment and entrepreneur support services.
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US focused seed and early-stage VC firm
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Investor details for SmartThings

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by SmartThings

Investments
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Investment portfolio details for SmartThings

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - SmartThings

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Detailed financials for SmartThings

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  • Profit trends
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Smartthings Comparisons

SmartThings Primary company
Description
Home automation is enabled through internet-connected device...
Location
Washington, United States
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
217
As of 2021
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Peer comparison for SmartThings

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of SmartThings

SmartThings 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 Savant Systems, IOTAS, Dwelo, Aliste and Stringify, among others.

Company Name Domain Founded year HQ Location Description
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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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Detailed competitors of SmartThings

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  • Domains and locations
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Latest news on Smartthings

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Complete news archive for SmartThings

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about SmartThings

SmartThings was founded in 2012.

SmartThings is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.

SmartThings is a funded company, having raised a total of $27.92M across 3 funding rounds to date.

As of Dec 31, 2021, the latest employee count at SmartThings is 217.

SmartThings has created a variety of easy-to-use sensors that can be placed in homes, office, and car. Has opened up its developer tool kit to third-parties and built an online shop where customers could find devices that leverage its technology. The startup is building a platform for developers to connect everyday objects. Raised 1.2M on Kickstarter in Sept 2012. Won the Spark of Genius award at the 2012 Dublin Web Summit.

SmartThings's top competitors include Savant Systems, IOTAS and Dwelo.

SmartThings offers Galaxy Smartphone, SmartThings App, Samsung TV, Refrigerator, and Jet Bot Vacuum.

SmartThings has 8 investors. Key investors include Samsung, Lerer Hippeau, Greylock Partners, Highland Capital Partners, and First Round Capital.

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