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.
- Website
- iotashome.com
- 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
Investors
Ranked
101st among 5722 active competitors
Employee Count
2,510 as on May 31, 2026
Exit Details
Acquired by ADT (Jun 13, 2022)
Legal entities associated with IOTAS
IOTAS is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
IOTAS INC. CIN: 465339996 , United States, Active | Mar 30, 2013 | - | 30 (As on Dec 31, 2020) | - |
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:
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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 |
View details of IOTAS's funding rounds and investors
IOTAS's founders and board of directors
Founder? Claim ProfileHere are the details of IOTAS's key team members:
- Chau Doan: Chief Architect of IOTAS.
- Sce Pike: Co-Founder & CEO of IOTAS.
- Jeremy Steinhauer: Co-Founder of IOTAS.
View details of IOTAS's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of a community management and residential living platform | $93.8M | 85/100 | ||
2nd | Vivint 1999, Provo (United States), Acquired | Manufacturer of cloud-based smart security cameras for home applications | $172M | 82/100 | |
3rd | Landis+Gyr 1896, Cham (Switzerland), Acquired | Manufacturer of electric meters and grid edge data management software | $1.03B | 77/100 | |
4th | SmartRent 2017, Scottsdale (United States), Public | Provider of smart home automation solutions for multifamily rental properties | $138M | 76/100 | |
5th | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 75/100 | |
6th | Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 73/100 | |
7th | SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 73/100 | |
8th | Sense 2013, Cambridge (United States), Series D | Smart energy platform providing real-time electricity usage insights for homes and utilities | $177M | 71/100 | |
9th | Savant Systems 2005, Barnstable (United States), Late Stage | App and hub for connected device management | $90M | 71/100 | |
10th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 70/100 | |
101st | IOTAS 2014, Portland (United States), Acquired | Provider of a smart home hub for integrating various connected devices on one platform | $17.5M | 56/100 |
Looking for more details on IOTAS's competitors? Click here to see the top ones
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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Amazon Launches Alexa for Residential BuildingsThe Street•Sep 03, 2020•Amazon, IOTAS, Stratis Platform, Sentinel Property Management, Inc.
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IOTAS Appoints Laura Lang to Board of DirectorsBusiness Wire•Jun 30, 2020•IOTAS, TimeInc, Digitas North America
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IOTAS hires James Johnson, former VP of RealPage, to lead Engineering, Product, and PartnershipsBusiness Wire•Jan 22, 2020•IOTAS, RealPage
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Iotas Raises $8.5m To Launch Iot-as-a-service For EnterpriseBusiness Wire•Oct 01, 2019•IOTAS, Telus, Liberty Global, Intel Capital and 2 others
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Balfour Beatty Campus Solutions Teams with IOTAS to Bring Smart Apartments to Students at Purdue UniversityBusiness Wire•Nov 26, 2018•bbcgrp.com, IOTAS
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Mobile Doorman, IOTAS Join Forces to Make Apartment Living Smarter… And EasierPRWeb•Nov 13, 2018•Mobile Doorman, IOTAS
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IOTAS, Intel-backed Portland startup, brings the digital home to thousands of apartmentsOregonLive.com•Apr 27, 2018•IOTAS
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