About WiZ
WiZ is a company based in Kowloon (China) founded in 2015 by Jean Philippe Gal was acquired by Signify in April 2019. It operates as a Direct-to-Consumer (D2C). WiZ offers products and services including WiZ Smart Lights and WiZ App. WiZ operates in a competitive market with competitors including Vivint, ecobee, Particle, Signify and Landis+Gyr, among others.
- Headquarter Kowloon, China
- Founders Jean Philippe Gal
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction Technology
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Phone
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Website
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Social
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- Legal Name Signify Holding
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Products & Services of WiZ
WiZ offers a comprehensive portfolio of products and services, including WiZ Smart Lights and WiZ App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Smart lighting solutions are provided for daily living.
Lighting control is enabled through a smart app.
Funding Insights of WiZ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WiZ
WiZ has secured backing from 1 investor. Prominent investors backing the company include Signify. 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.
| Investor | Description | Founded Year | Domain | Location |
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Signify is recognized as a global leader in lighting solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WiZ
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WiZ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wiz Comparisons
Competitors of WiZ
WiZ 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, ecobee, Particle, Signify and Landis+Gyr, 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 |
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| domain | founded_year | HQ Location |
Cloud-based smart security cameras are manufactured for home use.
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Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Property management software is provided for residential and commercial properties.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wiz
Frequently Asked Questions about WiZ
When was WiZ founded?
WiZ was founded in 2015.
Where is WiZ located?
WiZ is headquartered in Kowloon, China. It is registered at Kowloon, Hong Kong, China.
What does WiZ do?
Smart lighting products are developed by WiZ, a brand under Signify Holding, focusing on enhancing daily living through innovative lighting solutions. A range of products including bulbs, lightstrips, luminaires, and accessories is provided. Integration with major smart home ecosystems is supported, and control through the WiZ app is enabled for user convenience. The company also partners with entities like the Mercedes-AMG PETRONAS F1 Team as their official lighting partner.
What products or services does WiZ offer?
WiZ offers WiZ Smart Lights and WiZ App.
Who are WiZ's investors?
WiZ has 1 investor. Key investors include Signify.
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