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
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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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- Legal Name Tuya, Inc. Sponsored Adr Class A
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Annual Revenue
$298.77 M (USD)30.02as on Dec 31, 2024
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Net Profit
$5 M (USD)0as on Dec 31, 2024
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EBITDA
-$53.92 M (USD)51.02as on Dec 31, 2024
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Total Equity Funding
$200 M (USD)
in 3 rounds
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Latest Funding Round
$200 M (USD), Series C
Jul 23, 2018
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Investors
CICC
& 7 more
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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.
People of Tuya
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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 Funding
- Total Rounds 3
- Last Round Series C — $200.0M
- First Round 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 |
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Venture capital firm investing in TMT & other tech sectors
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Founded Year | Domain | Location | |
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A technology growth capital firm is operated for market access.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tuya
Financial Statements - Tuya
Tuya Comparisons
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of no-code based development platforms for IoT Devices
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| domain | founded_year | HQ Location |
No-code platform for IoT development
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| domain | founded_year | HQ Location |
An end-to-end platform for building IoT products is offered.
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| domain | founded_year | HQ Location |
Cloud-based IoT development platform is provided for hardware prototyping.
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| domain | founded_year | HQ Location |
AI tools are offered for developing drone and edge software.
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Frequently Asked Questions about Tuya
Tuya was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Tuya is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Jerry Wang is the current CEO of Tuya. They have also founded this company.
Tuya is a funded company, having raised a total of $200M across 3 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Tuya is 1,440.
Annual revenue of Tuya is $298.77M as on Dec 31, 2024.
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.
Yes, Tuya is publicly traded on NYSE under the ticker symbol TUYA.
Tuya has 8 investors. Key investors include CICC, Future Fund, NEA, CBC Capital, and Global Bridge Capital.
The ticker symbol of Tuya is TUYA on NYSE.