Shelly - About the company
Shelly is a funded company based in Sofia (Bulgaria), founded in 2004. It operates as a Smart home control hub. , with a current valuation of $*****. The company has 562 active competitors, including 43 funded and 23 that have exited. Its top competitors include companies like Savant Systems, SmartThings and Keus.
Company Details
Smart home control hub. It develops software that helps users remotely monitor and manage smart home appliances.
- Website
- www.shelly.com/
Key Metrics
Founded Year
2004
Location
Sofia, Bulgaria
Stage
Funding Raised
Post Money Valuation
$***** as on Jun 05, 2025
Investors
Ranked
9th among 562 active competitors
Employee Count
354 as on Oct 31, 2026
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Shelly's funding and investors
Shelly is a funded company. Shelly has 1 institutional investor.
View details of Shelly's funding rounds and investors
Shelly's founders and board of directors
Founder? Claim ProfileShelly's employee count trend
Shelly has 354 employees as of Oct 26. Here is Shelly's employee count trend over the years:
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Shelly's Competitors and alternates
Top competitors of Shelly include Savant Systems, SmartThings and Keus. Here is the list of Top 10 competitors of Shelly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Savant Systems 2005, Barnstable (United States), Late Stage | App and hub for connected device management | $90M | 71/100 | |
2nd | SmartThings 2012, Washington, DC (United States), Acquired | Samsung: Smart home technology, appliances, electronics, and mobile devices | $27.9M | 64/100 | |
3rd | Provider of smart home automation solutions | $18.1M | 63/100 | ||
4th | Home Assistant 2013, San Diego (United States), Unfunded | Home Assistant | - | - | 58/100 |
5th | Complete home automation system | - | - | 57/100 | |
6th | IOTAS 2014, Portland (United States), Acquired | Provider of a smart home hub for integrating various connected devices on one platform | $17.5M | 56/100 | |
7th | Manufacturer of powerline adapters and Wi-Fi extenders | - | - | 53/100 | |
8th | Sorcerics 2022, Dover (United States), Seed | Virtual smart home assistant | - | 51/100 | |
9th | Smart home control hub | - | 51/100 | ||
10th | Online retailer of smart home controls and switches for lighting | $4M | 51/100 |
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Shelly's Investments and acquisitions
Shelly has made no investments or acquisitions yet.
Reports related to Shelly
Here is the latest report on Shelly's sector:
News related to Shelly
Media has covered Shelly for a total of 33 events in the last 1 year, 20 of them have been about company updates and 3 about people movement.
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Schneider Electric makes acquisition offer for Shelly Group; MTU, Siemens also in focusmanager magazin•Sep 24, 2026•Siemens, Shelly
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Shelly Announces Brilliant Integration for Sensors and DevicesResidential Systems•Sep 02, 2026•Brilliant, Shelly
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Shelly Group Strengthens European Market Reach Through Partnership With Leading Technology Distributor ALSONewMediaWire•Aug 20, 2026•ALSO Holding AG, Shelly
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Shelly Group SE: Information about Mr. Svetlin Todorov's shareholdingsWebDisclosure•Aug 18, 2026•Shelly
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Shelly Group Reports Strong Revenue and Earnings Growth for the First Half of 2026WebDisclosure•Aug 12, 2026•Shelly
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Schneider Electric in talks to acquire smart home device maker Shelly Group for €1.3 billionMoneycontrol•Jul 29, 2026•Schneider Electric, Shelly
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Shelly Group to acquire remaining 24% stake in Slovenian subsidiary Shelly TechWebDisclosure•Jul 27, 2026•Shelly
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