Spowrty

Austin, United States Founded: 2016 • Age: 10 yrs
Offers a connected power strip for smart home automation and energy management.

About Spowrty

Spowrty was a Consumer company based in Austin (United States) founded in 2016. It offers a connected power strip for smart home automation and energy management. It operates on a B2C model. The company is recorded as dissolved. Its focus areas include Consumer Goods, Electronics, Home Appliances and Smart Devices. Its legal entity in India is Amf Wellness Tech Private Limited (U74140HR2015PTC057100). Similar companies include Particle, Span.IO and Resideo; 2 of its 3 listed similar companies have raised funding.

Company details

Spowrty offers a connected power strip for smart home automation and energy management, focusing on producing consumer products, electronics, home appliances, and producing smart devices. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Operational Areas
Key Metrics
  • Indian entity revenue
    ₹32,020

    FY 2020 · +7211% YoY

  • Indian entity net loss
    -₹7.2 Lakh

    FY 2020 · -2252% margin

  • Indian entity EBITDA
    -₹7.2 Lakh

    FY 2020 · -2240% margin

Board of directors of Amf Wellness Tech Private Limited (Spowrty)

Amf Wellness Tech Private Limited is the primary company behind Spowrty. The board of Amf Wellness Tech Private Limited currently have 2 directors; the longest-serving is Parminder Kaul, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Parminder Kaul
DIN 02643568
Director30 Jan 20197 yrs 8 moAmf Wellness Tech Private Limited
Veer Jee Kaul
DIN 03378280
Director30 Jan 20197 yrs 8 moAmf Wellness Tech Private Limited

Financials of Spowrty

Figures of Amf Wellness Tech Private Limited, the primary company behind Spowrty, for FY 2020. Revenue was ₹32,020 (+7211% year on year). Net loss was -₹7.2 Lakh (-2252% margin). EBITDA was -₹7.2 Lakh (-2240% margin). Revenue has grown at a compounded annual rate of -50% over three years.

  • ₹32,020Revenue · FY 2020 · +7211% YoY
  • -₹7.2 LakhNet loss · -2252% margin
  • -₹7.2 LakhEBITDA · -2240% margin
  • ₹2.4 LakhPaid-up capital
  • -50%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Amf Wellness Tech Private Limited are on its company page.

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Detailed financial statements for Spowrty

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Similar companies to Spowrty

Spowrty has 3 listed similar companies in our database, 2 of them funded. They include Particle, Span.IO and Resideo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
particle.io2011San Francisco, United States$134.87M109
IoT connectivity platform from prototype to production is developed.
span.io2014San Francisco, United States$255.56M
Smart panels for home energy management are provided by Span.IO.
resideo.com2018Wilmington, United States293
Smart home products for security and energy efficiency are provided.
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Top companies in Consumer Electronics

3 companies that operate in the same segment as Spowrty (Consumer Electronics) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Microsoft is recognized for software, hardware, and gaming solutions.
1975Redmond, Washington, United StatesUSD 281.72 B228,000
Consumer electronics, computers, and software are designed and sold worldwide.
1976Cupertino, California, United StatesUSD 416.16 B164,000
Consumer electronics and entertainment products are designed for global markets.
1946New York, New York, United StatesUSD 78.25 B112,300
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Frequently Asked Questions about Spowrty

Spowrty was founded in 2016.

Spowrty is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

The primary company behind Spowrty, Amf Wellness Tech Private Limited, reported revenue of β‚Ή32,020 for FY 2020, up 7211% year on year.

Spowrty offers a connected power strip for smart home automation and energy management, focusing on producing consumer products, electronics, home appliances, and producing smart devices. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Spowrty's top competitors include Particle, Span.IO and Resideo.

Spowrty operates through Amf Wellness Tech Private Limited.

The legal entities of Spowrty currently have 2 directors, including Parminder Kaul, Veer Jee Kaul.

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