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Iotas

Iotas
2014 FOUNDED
PRIVATE STATUS
1-10 EMPLOYEES
Seed LATEST DEAL TYPE
$5M LATEST DEAL AMOUNT
$5.12M TOTAL AMOUNT RAISED
Description

Developer of a sensor smart home platform created to deliver a connected home experience regardless of technological expertise. The company's sensor based home appliances and home automation systems enabled property developers to easily install smart outlets, switches, thermostats, door locks, sensors by streamlining the set-up and deployment process helping save energy and electricity, delivering a connected home experience for renters.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronics (B2C)
Other Industries
Other Software
Primary Office
2547 North East 16th Avenue
Portland, OR 97212
United States

+1 (567) 694-6827
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Iotas Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Seed Round 17-May-2017 $5M $5.12M 0000 Completed Generating Revenue
2. Grant 01-Jan-2016 00000 00000 Completed Generating Revenue
1. Accelerator/Incubator $120k $120k Completed Startup
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Iotas Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Seed 00,000,000 00.000000 00.0 00.0 00 00.0 00.000
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Iotas Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Creative Ventures Venture Capital Minority 000 0000 000000 0
Flex's Lab IX Accelerator/Incubator 000 0000 000000 0
National Science Foundation Government 000 0000 000000 0
Oregon Angel Fund Venture Capital Minority 000 0000 000000 0
Portland Seed Fund Venture Capital Minority 000 0000 000000 0
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Iotas Executive Team (6)

Name Title Board
Seat
Contact
Info
Scevhur Pike Co-Founder, Board Member & Chief Executive Officer
Nathan Sacco Technical Director
Jeremy Steinhauer Co-Founder & Vice President, Data Science
Geoff Fishman Vice President, Business Development
James Motley Vice President, Engineering
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Iotas Board Members (1)

Name Representing Role Since Contact
Info
Timothy Enwall Self Board Member 000 0000