Dwelo Overview
- Founded
-
2014
- Status
-
Acquired/Merged
- Employees
-
90
- Latest Deal Type
-
M&A
Dwelo General Information
Description
Developer of an open smart home platform intended to simplify home automation for apartments. The company's platform connects with various electronic devices including lights, locks, thermostats, appliances, and digital assistants through the internet in order to streamline remote control and operations through digital credentials, enabling apartment owners and dwellers to control smart devices and increase the safety and convenience of their apartment.
Contact Information
Website
www.dwelo.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Business/Productivity Software
Parent Company
Primary Office
- 67 West 13490 South
- Suite 140
- Draper, UT 84020
- United States
+1 (415) 000-0000
Dwelo Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 10-Nov-2021 | 000.00 | Completed | Generating Revenue | ||
| 8. Later Stage VC | 02-Aug-2021 | 00.00 | 000.00 | Completed | Generating Revenue | |
| 7. Secondary Transaction - Private | 000.00 | Completed | Generating Revenue | |||
| 6. Debt - PPP | 11-Apr-2020 | 00.000 | 000.00 | Completed | Generating Revenue | |
| 5. Later Stage VC (Series A1) | 09-Mar-2020 | 00.000 | 000.00 | 000.00 | Completed | Generating Revenue |
| 4. Early Stage VC (Series A) | 14-Aug-2018 | 00.000 | 000.00 | 000.00 | Completed | Generating Revenue |
| 3. Seed Round | 03-Nov-2016 | 00.000 | 00.00 | 00.000 | Completed | Generating Revenue |
| 2. Seed Round | 12-Feb-2016 | $1.81M | $1.85M | 00.00 | Completed | Generating Revenue |
| 1. Accelerator/Incubator | 08-Sep-2015 | $40K | $40K | Completed | Generating Revenue |
Dwelo Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Seed | 8,764,296 | $0.000100 | $0.05 | $0.64 | $0.64 | 1x | $0.64 | 25.87% |
Dwelo Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of an open smart home platform intended to simplify home automation for apartments. The company's platform con
Business/Productivity Software
Draper, UT
90
As of 2021
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Los Angeles, CA
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Provo, UT
0
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Add Comparison
Dwelo Competitors (11)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Rently | Private Equity-Backed | Los Angeles, CA | 000 | 0000 | 0000000 0000 | 0000 |
| 00000000 | Formerly VC-backed | Provo, UT | 0 | 000000&0 | ||
| 0000000 000 | Formerly VC-backed | Philadelphia, PA | 00 | 00.000 | 000000&0 | 00.000 |
| 00000000 (0000 000 | Venture Capital-Backed | Kansas City, MO | 000 | 00000 | 000000000000 | 00000 |
| 00000000000 | Formerly VC-backed | Mountain View, CA | 00 | 000.00 | 000000&0 | 000.00 |
Dwelo Patents
Dwelo Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-10848334-B2 | Automatic transitions in automation settings | Active | 30-Aug-2016 | 00000000000 | 00 |
| US-20180062870-A1 | Automatic transitions in automation settings | Granted | 30-Aug-2016 | 00000000000 | 00 |
| US-20210051040-A1 | Automatic transitions in automation settings | Pending | 30-Aug-2016 | 00000000000 | |
| US-20180063150-A1 | Connected device rights management administration | Granted | 30-Aug-2016 | 0000000000 | 0 |
| US-20200053092-A1 | Connected device rights management administration | Granted | 30-Aug-2016 | H04L63/102 |
Dwelo Executive Team (7)
Dwelo Board Members (6)
| Name | Representing | Role | Since |
|---|---|---|---|
| David Beenfield | Dwelo | Co-Founder, Chief Fulfillment Officer & Board Member | 000 0000 |
| David Jenkins | Self | Board Member | 000 0000 |
| Jarom Johnson | Wasatch Energy Group | Board Member | 000 0000 |
| Michael Rovito | Dwelo | Chief Executive Officer & Board Member | 000 0000 |
| Scott Stettler | Wasatch Energy Group | Board Member | 000 0000 |
Dwelo Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Dwelo Former Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| AIM Ventura Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 | |
| GSD Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Moderne Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Motive Accelerator | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
| Perot Jain | Venture Capital | Minority | 000 0000 | 000000 0 |