About Smitch
Smitch is a company based in Coimbatore (India) founded in 2016 by Pragadheesh Raj. Smitch has raised $1.6 million across 6 funding rounds from investors including LetsVenture, Suneeta Peela and Anthill Ventures. The company has 38 employees as of June 30, 2023. Smitch operates in a competitive market with competitors including Vivint, ADT, Alarm.com, ecobee and Nest, among others.
- Headquarter Coimbatore, India
- Employees 38 as on 30 Jun, 2023
- Founders Pragadheesh Raj
- Stage Minicorn
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Sectors
Technology
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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
$17.34 K (USD)69as on Mar 31, 2024
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Net Profit
-$1.06 M (USD)-44as on Mar 31, 2024
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EBITDA
-$1.03 M (USD)-56as on Mar 31, 2024
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Total Equity Funding
$1.6 M (USD)
in 6 rounds
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Latest Funding Round
$54.89 K (USD), Angel Round
Mar 28, 2021
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Investors
LetsVenture
& 15 more
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Employee Count
38
as on Jun 30, 2023
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People of Smitch
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Funding Insights of Smitch
Smitch has successfully raised a total of $1.6M across 6 strategic funding rounds. The most recent funding activity was a Angel Round of $54.89 thousand completed in March 2021. 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 Smitch
Smitch has secured backing from 16 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include LetsVenture, Suneeta Peela and Anthill Ventures.
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Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
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Investor details for Smitch
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Investments & Acquisitions by Smitch
Investment portfolio details for Smitch
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Financial Statements - Smitch
Detailed financials for Smitch
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Smitch Comparisons
Peer comparison for Smitch
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Competitors of Smitch
Smitch 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 Vivint, ADT, Alarm.com, ecobee and Nest, among others.
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Cloud-based smart security cameras are manufactured for home use.
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Cloud-based surveillance solutions for home and business security are provided.
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Cloud-based video intercoms and physical security systems are provided.
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Provider of smart thermostats for commercial and residential applications
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Provider of hardware and software for monitoring home energy consumption
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Energy-efficient ceiling fans and smart home appliances are provided.
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Detailed competitors of Smitch
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Latest news on Smitch
Complete news archive for Smitch
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Frequently Asked Questions about Smitch
Smitch was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Smitch is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
Sanath Kumar is the current CEO of Smitch.
Smitch is a funded company, having raised a total of $1.6M across 6 funding rounds to date.
As of Jun 30, 2023, the latest employee count at Smitch is 38.
Annual revenue of Smitch is $17.34K as on Mar 31, 2024.
Provider of smart home automation products. Its products include smart bulbs, smart plugs, smart switches, and smart remote. It can be operated through My Smitch mobile app and it uses wifi technology and enables users to change the colors as per their requirement and also sync lights to favorite music where the lights react to the rhythm. It is compatible with Amazon Alexa and Google Assistant.
Smitch has 16 investors. Key investors include LetsVenture, Suneeta Peela, Anthill Ventures, Satyapreethi Gadde, and Mahesh Balani.
The valuation of Smitch is $8.72M as of Aug 2020.