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IOTAS - About the company

IOTAS is an acquired company based in Portland (United States), founded in 2014 by Chau Doan, Sce Pike and Jeremy Steinhauer. It operates as a Provider of a smart home hub for integrating various connected devices on one platform. IOTAS has raised $17.5M in funding from investors like Intel Capital, Rogue Venture Partners and TELUS Ventures. The company has 5722 active competitors, including 705 funded and 471 that have exited. Its top competitors include companies like Mygate, Vivint and Landis+Gyr.

Company Details

Provider of a smart home hub for integrating various connected devices on one platform. The company automates home appliances by installing smart outlets, switches sensors, thermostats, and more. All these devices are controlled using a proprietary hub that can connect many devices at once. The software leverages machine learning to learn about user activities.
Social
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Email ID
*****@iotashome.com
Phone Number
+1 **********
Registered Address
Portland, Oregon
Key Metrics
Founded Year
2014
Location
Portland, United States
Stage
Acquired
Total Funding
$17.5M in 10 rounds
Latest Funding Round
Ranked
Employee Count
2,510 as on May 31, 2026
Similar Companies
Exit Details
Acquired by ADT (Jun 13, 2022)

IOTAS's acquisition details

IOTAS got acquired by ADT on Jun 13, 2022.
Click here to take a look at IOTAS's acquisition in detail
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IOTAS's funding and investors

IOTAS has raised a total funding of $17.5M over 10 rounds. Its first funding round was on Nov 28, 2014. IOTAS has 16 institutional investors.

Here is the list of recent funding rounds of IOTAS:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 08, 2021
4504853
Series A
4253427
4643085
9205227
9216668
Oct 01, 2019
2852871
Series A
4302931
5074706
8502652
Nov 21, 2018
7664635
Series A
2711914
7451190
7851179
2628445
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IOTAS's founders and board of directors

Founder? Claim Profile
The founders of IOTAS are Chau Doan, Sce Pike and Jeremy Steinhauer.
Here are the details of IOTAS's key team members:

IOTAS's employee count trend

IOTAS has 2,510 employees as of May 26. Here is IOTAS's employee count trend over the years:
Employee count trend for IOTAS
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IOTAS's Competitors and alternates

Top competitors of IOTAS include Mygate, Vivint and Landis+Gyr. Here is the list of Top 10 competitors of IOTAS, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mygate
Mygate
2016, Bengaluru (India), Series B
Provider of a community management and residential living platform
$93.8M
85/100
2nd
Logo for Vivint
Vivint
1999, Provo (United States), Acquired
Manufacturer of cloud-based smart security cameras for home applications
$172M
82/100
3rd
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
77/100
4th
Logo for SmartRent
SmartRent
2017, Scottsdale (United States), Public
Provider of smart home automation solutions for multifamily rental properties
$138M
76/100
5th
Logo for Enel X
Enel X
2001, Boston (United States), Acquired
Developer of utility-scale renewable energy projects
$168M
75/100
6th
Logo for Metronome
Metronome
2020, San Francisco (United States), Acquired
Usage-based invoice management solutions for small businesses
$128M
73/100
7th
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
73/100
8th
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Smart energy platform providing real-time electricity usage insights for homes and utilities
$177M
71/100
9th
Logo for Savant Systems
Savant Systems
2005, Barnstable (United States), Late Stage
App and hub for connected device management
$90M
71/100
10th
Logo for Phononic
Phononic
2009, Durham (United States), Series F
Providing solid state thermal management solutions
$230M
70/100
101st
Logo for IOTAS
IOTAS
2014, Portland (United States), Acquired
Provider of a smart home hub for integrating various connected devices on one platform
$17.5M
56/100
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IOTAS's Investments and acquisitions

IOTAS has made no investments or acquisitions yet.

Reports related to IOTAS

Here is the latest report on IOTAS's sector:

News related to IOTAS

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IOTAS Expands Executive TeamBusiness Wire•Jun 06, 2018•IOTAS
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