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SmartThings - About the company

SmartThings is an acquired company based in Washington, DC (United States), founded in 2012 by Andrew Brooks, Alex Hawkinson, Jeff Hagins, Jesse O'neill-Oine and James Stolp. It operates as a Samsung: Smart home technology, appliances, electronics, and mobile devices. SmartThings has raised $27.9M in funding from First Round Capital. The company has 628 active competitors, including 45 funded and 24 that have exited. Its top competitors include companies like Savant Systems, Keus and Home Assistant.

Company Details

Samsung: Smart home technology, appliances, electronics, and mobile devices. They offer a wide array of products, including smartphones, tablets, laptops, TVs, audio devices, refrigerators, washing machines, and more. They focus on innovation, offering features like AI-powered energy saving, smart home integration through SmartThings, and seamless device connectivity. They provide options for both consumers and businesses, with services like Samsung Care+, trade-in programs, and business account options. The company emphasizes sustainability and offers support resources like manuals, repair services, and a community forum. They provide a comprehensive ecosystem of interconnected devices and services, enhancing user experience and convenience. The website offers features like search, cart, account login/creation, order tracking, and product registration.
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Part Of
Registered Address
Mountain View, California
Key Metrics
Founded Year
2012
Location
Washington, DC, United States
Stage
Acquired
Total Funding
$27.9M in 3 rounds
Latest Funding Round
Ranked
Employee Count
235 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Samsung (Aug 14, 2014)

SmartThings's acquisition details

SmartThings got acquired by Samsung on Aug 14, 2014 at an acquisition amount of $*****.
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SmartThings's funding and investors

SmartThings has raised a total funding of $27.9M over 3 rounds. Its first funding round was on Dec 04, 2012. SmartThings has 13 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of SmartThings:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 31, 2013
5696562
Series A
4535642
9782255
7447826
4981315
Nov 12, 2013
8319783
Series A
1093170
9259169
7339877
Dec 04, 2012
2075504
Seed
9039320
8361249
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SmartThings' founders and board of directors

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Here are the details of SmartThings' key team members:

SmartThings' employee count trend

SmartThings has 235 employees as of Sep 26. Here is SmartThings's employee count trend over the years:
Employee count trend for SmartThings
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SmartThings's Competitors and alternates

Top competitors of SmartThings include Savant Systems, Keus and Home Assistant. Here is the list of Top 10 competitors of SmartThings, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Savant Systems
Savant Systems
2005, Barnstable (United States), Late Stage
App and hub for connected device management
$90M
71/100
2nd
Logo for SmartThings
SmartThings
2012, Washington, DC (United States), Acquired
Samsung: Smart home technology, appliances, electronics, and mobile devices
$27.9M
64/100
3rd
Logo for Keus
Keus
2017, Hyderabad (India), Series B
Provider of smart home automation solutions
$18.1M
63/100
4th
Logo for Home Assistant
Home Assistant
2013, San Diego (United States), Unfunded
Home Assistant
-
-
60/100
5th
Logo for Loxone
Loxone
2008, Kollerschlag (Austria), Unfunded
Complete home automation system
-
-
57/100
6th
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
52/100
7th
Logo for Senic
Senic
2013, Berlin (Germany), Seed
Online retailer of smart home controls and switches for lighting
$4M
52/100
8th
Logo for Sorcerics
Sorcerics
2022, Dover (United States), Seed
Virtual smart home assistant
-
51/100
9th
Logo for Shelly
Shelly
2004, Sofia (Bulgaria), Funding Raised
Smart home control hub
-
51/100
10th
Logo for devolo
devolo
2002, Aachen (Germany), Acquired
Manufacturer of powerline adapters and Wi-Fi extenders
-
-
50/100
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SmartThings's Investments and acquisitions

SmartThings has made no investments or acquisitions yet.

Reports related to SmartThings

Here is the latest report on SmartThings's sector:

News related to SmartThings

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SmartThings app on iOS now supports MatterAppleInsider•Jan 31, 2023•Samsung, SmartThings, Apple
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