Tuya

Santa Clara, United States Founded: 2014 • Age: 12 yrs
A platform for smart device ecosystems is developed and managed.
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About Tuya

Tuya is a company based in Santa Clara (United States) founded in 2014 by Leo Chen, Alex Yang, and Jerry Wang.. Tuya has raised $200 million across 3 funding rounds from investors including CICC, Future Fund and NEA. The company has 1,440 employees as of December 31, 2024. Tuya operates in a competitive market with competitors including SensiML, Cedalo, Zenodys, Grandeur and Cloneable, among others.

  • Headquarter Santa Clara, United States
  • Employees 1440 as on 31 Dec, 2024
  • Founders Leo Chen, Alex Yang, Jerry Wang
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tuya, Inc. Sponsored Adr Class A
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
    $298.77 M
    30.02
    as on Dec 31, 2024
  • Net Profit
    $5 M
    108.3
    as on Dec 31, 2024
  • EBITDA
    $-53.92 M
    51.02
    as on Dec 31, 2024
  • Total Equity Funding
    $200 M (USD)

    in 3 rounds

  • Latest Funding Round
    $200 M (USD), Series C

    Jul 23, 2018

  • Investors
    CICC

    & 7 more

  • Employee Count
    1440

    as on Dec 31, 2024

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IPO & Listings of Tuya

Tuya is a publicly listed company on the NYSE with ticker symbol TUYA in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: TUYA . Sector: Technology services · USA
People of Tuya
Headcount 500-1000
Employee Profiles 58
Board Members and Advisors 5
Employee Profiles
People
Jessie Liu
CFO & Board Director
People
Amy Law
Senior Business Development Manager
People
Becker Hao
Director Of Business Development
People
Ruixin Zhou
Co-Founder & CTO

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Board Members and Advisors
people
Qiu Changheng
Independent Non-Executive Director
people
Kuok Meng Xiong
Independent Non-Executive Director
people
Yip Pak Tung Jason
Independent Non-Executive Director
people
Huang Sidney Xuande
Independent Non-Executive Director

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Funding Insights of Tuya

Tuya has successfully raised a total of $200M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $200 million completed in July 2018. 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
  • Total Rounds 3
  • Last Round Series C — $200.0M
  • First Round
  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2018 Amount Series C - Tuya Valuation Future Fund
Oct, 2017 Amount Series B - Tuya Valuation CICC , Quadrille Capital
Sep, 2015 Amount Series A - Tuya Valuation New Enterprise Associates
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tuya

Tuya has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include CICC, Future Fund and NEA. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are offered to startups by NEA.
Founded Year Domain Location
Venture capital firm investing in TMT & other tech sectors
Founded Year Domain Location
A technology growth capital firm is operated for market access.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tuya

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tuya

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tuya Comparisons

Employees
+
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Competitors of Tuya

Tuya 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 SensiML, Cedalo, Zenodys, Grandeur and Cloneable, 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
Provider of no-code based development platforms for IoT Devices
domain founded_year HQ Location
No-code platform for IoT development
domain founded_year HQ Location
An end-to-end platform for building IoT products is offered.
domain founded_year HQ Location
Cloud-based IoT development platform is provided for hardware prototyping.
domain founded_year HQ Location
AI tools are offered for developing drone and edge software.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tuya

Frequently Asked Questions about Tuya

When was Tuya founded?

Tuya was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Tuya located?

Tuya is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Who is the current CEO of Tuya?

Jerry Wang is the current CEO of Tuya. They have also founded this company.

Is Tuya a funded company?

Tuya is a funded company, having raised a total of $200M across 3 funding rounds to date.

How many employees does Tuya have?

As of Dec 31, 2024, the latest employee count at Tuya is 1,440.

What is the annual revenue of Tuya?

Annual revenue of Tuya is $298.77M as on Dec 31, 2024.

What does Tuya do?

Founded in 2014 and headquartered in Santa Clara, United States, Tuya operates in the Internet of Things sector. A comprehensive platform is provided for smart device development, including tools for app building, cloud service integration, and protocol support. Sub-devices are connected to gateways, while data analytics, real-time voice and video features, and SaaS tools are facilitated for ecosystem management.

Who are the top competitors of Tuya?

Tuya's top competitors include SensiML, Cedalo and Grandeur.

Is Tuya publicly traded?

Yes, Tuya is publicly traded on NYSE under the ticker symbol TUYA.

Who are Tuya's investors?

Tuya has 8 investors. Key investors include CICC, Future Fund, NEA, CBC Capital, and Global Bridge Capital.

What is Tuya's ticker symbol?

The ticker symbol of Tuya is TUYA on NYSE.

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