About SmartThings
SmartThings is a Technology company based in Washington (United States) founded in 2012, and was acquired by Samsung in August 2014. Home automation is enabled through internet-connected devices and sensors. SmartThings has raised $27.92 million across 3 funding rounds from investors including Samsung, Lerer Hippeau and Greylock Partners. The company has 217 employees. Its website smartthings.com draws about 3 million monthly visits. SmartThings offers products and services including Galaxy Smartphone, SmartThings App, Samsung TV, Refrigerator, and Jet Bot Vacuum. Its focus areas include High Tech, Smart Homes, Home Automation Controllers and Hubs. Its legal entity is SMARTTHINGS, INC. Its competitors include Savant Systems, IOTAS and Dwelo; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Washington, United States
- Employees 217
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology
- Website smartthings.com
- Social LinkedIn X Facebook
- Acquired by Samsung (Aug 2014)
- Legal Name Smartthings, Inc.
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.
Smartphone for communication and entertainment features
App for controlling and monitoring home devices
Television with AI energy-saving capabilities
Appliance with smart monitoring and energy features
Robot vacuum for automated floor cleaning
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.
- Total Funding $27.92M
- Total Rounds 3
- Last Round Series A — $12.42M
- First Round $3M
(Dec 2012)
- Investors Count 7
All 3 funding rounds of SmartThings with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2013 | $12.42M | Series A | – | – | – |
| Nov 2013 | $12.5M | Series A | – | – | |
| Dec 2012 | $3M | Seed | – | First Round Capital |
8 investors in total: 8 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | ||
Venture capital investment and entrepreneur support services. | hcp.com | |||
US focused seed and early-stage VC firm | firstround.com | San Francisco, United States | ||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Stage-agnostic investments in US tech sectors are pursued. | agradeinvestments.com | Los Angeles, United States | ||
USA focused VC firm investing in seed and early stage startups | 2010 | lererhippeau.com | New York, United States | |
Early-stage tech-focused VC firm investing primarily in the US | tuesday.vc | San Francisco, United States | ||
Multi-category electronic products are manufactured globally by the company. | 1969 | samsung.com | Suwon-si, South Korea |
Investor details for SmartThings
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of SmartThings
798 people are tracked at SmartThings (354 in leadership, 12 in board & advisors, 432 in team); the tracked headcount is 217.
| Name | Role | Group |
|---|---|---|
Kunal Shukla | Head Of Ecommerce - Mobile Enhancement & Eco-system Biz | Leadership |
Chahat Gupta | Chief Engineer | Leadership |
Yoon-Ho Choi | President & CFO | Leadership |
Cho Zin Maw | Head Of Product Management & Marketing Mobile Experience Group | Leadership |
Sudheer Gowda | Director - Human Resources | Leadership |
Dinie Zulfadhli | Head Of Media And Paid Digital Performance | Leadership |
Jas A | Regional Sales & Distribution Head | Leadership |
Jonathan Koh | Head Of Strategic Planning, Visual Display & Sound Devices | Leadership |
Amit Aggarwal | Head Of Product Planning & Strategy | Leadership |
Adrienne Walsh Eckert | Director | Leadership |
Mustafa Tolunay Aslan | Marketing Director | Leadership |
Petrik Oh | Senior Director Of Global Performance Marketing & Analytics | Leadership |
Hiram Moncivais | Vice-president | Leadership |
Vsevolod Plokhov | Chief Marketing Officer | Leadership |
Venkata Raju I | Senior Director | Leadership |
Jiho Jang | VP | Leadership |
Nitin Chopra | General Manager - Modern Trade Biz | Leadership |
Sean Ryan | Marketing Director / Austria | Leadership |
Jinoy George | Director | Leadership |
Gary Hui | SEAO - Head Of Ecommerce Commercial | Leadership |
778 more people are available in the full profile.
Complete people profiles for SmartThings
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of SmartThings
4 dated milestones of SmartThings across 2 years, from founding to its latest funding, stage changes and deals.
- Founded SmartThings is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series A, of $12.4M.
- Exit Acquired by Samsung.
Competitors of SmartThings
SmartThings has 3 listed competitors in our database, 3 of them funded. They include Savant Systems, IOTAS and Dwelo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| savant.com | 2005 | Barnstable, United States | $90M | 168 | Connected devices are managed via an app and hub system. | |
| iotashome.com | 2014 | Portland, United States | $17.91M | 30 | Various connected devices are integrated via a smart home hub. | |
| dwelo.com | 2014 | San Jose, United States | $19.39M | 49 | Smart apartment management solutions are offered for managers and residents. |
Detailed competitors of SmartThings
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of SmartThings
The website of SmartThings (smartthings.com) receives about 3M visits a month and ranks #22,713 among all websites worldwide, #2,923 in Computers Electronics and Technology.
- Monthly visits3M
▲ 11.8% vs previous month
- Unique visitors1.5M
per month
- Global rank#22,713
among all websites
- Category rank#2,923
Computers Electronics and Technology · Computers Electronics and Technology
- Bounce rate43%
- Pages per visit2.6
- Average visit1 min 56 sec
- DevicesDesktop 10% · Mobile 90%
Websites whose visitors overlap most with SmartThings. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ifttt.com | 100% | 1.4M | #35,786 | View details | |
| revolv.com | 100% | 2.3K | #8,985,903 | View details | |
| arrayent.com | 83% | View details | |||
zootool.com | zootool.com | 78% | – | ||
| control4.com | 78% | 250.9K | #139,996 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SmartThings
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Sensors & Smart Devices
3 companies that operate in the same segment as SmartThings (Sensors & Smart Devices) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | |||
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 |
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Related news about Smartthings
Complete news archive for SmartThings
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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. The company's 1st funding round was a Seed of $3M, raised on Dec 2012.
SmartThings has 217 employees.
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.
SmartThings operates through Smartthings, Inc..
Yes. SmartThings was acquired by Samsung in August 2014.
The website of SmartThings receives about 3 million visits a month and ranks #22,713 among all websites worldwide.