STRATIS (Business/Productivity Software) Overview
- Year Founded
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2013
- Status
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Acquired/Merged
- Employees
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78
- Latest Deal Type
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M&A
- Latest Deal Amount
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$64.8M
STRATIS (Business/Productivity Software) General Information
Description
Developer of an internet-of-things platform intended to provide smart access and automation management for multifamily and student housing. The company's platform integrates with the door lock hardware to create secure and convenient access and integrates with smart thermostats, lighting, and sensor technology to control energy usage across communities, enabling property managers and residents to monitor and optimize energy usage, reducing energy bills and mitigating damage in the event of an incident.
Contact Information
Website
www.stratis.com(Operating Subsidiary)
Corporate Office
- 2201 Lakeside Boulevard
- Richardson, TX 75082
- United States
Corporate Office
- 2201 Lakeside Boulevard
- Richardson, TX 75082
- United States
STRATIS (Business/Productivity Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 31-Aug-2020 | $64.8M | Completed | Generating Revenue | ||
| 5. Debt - PPP | 28-Apr-2020 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 01-Jan-2020 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 26-Aug-2019 | Completed | Generating Revenue | |||
| 2. Seed Round | 01-Oct-2016 | $2.6M | $2.6M | Completed | Startup | |
| 1. Spin-Off | 01-Jan-2013 | Completed | Generating Revenue |
STRATIS (Business/Productivity Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Seed-2 | ||||||||
| Seed | 1,000,002 | $0.000010 | $0.08 | $1 | $1.5 | 1x | $1 | 13.12% |
STRATIS (Business/Productivity Software) Comparisons
Industry
Financing
Details
STRATIS (Business/Productivity Software) Competitors (13)
One of STRATIS (Business/Productivity Software)’s 13 competitors is Rently (Business/Productivity Software), a Private Equity-Backed company based in Los Angeles, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Rently (Business/Productivity Software) | Private Equity-Backed | Los Angeles, CA | ||||
| SmartRent | Formerly VC-backed | Scottsdale, AZ | ||||
| EnergyHub | Formerly PE-Backed | Brooklyn, NY | ||||
| Ayla Networks | Private Equity-Backed | San Jose, CA | ||||
| IOTAS | Private Equity-Backed | Portland, OR |
STRATIS (Business/Productivity Software) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
STRATIS (Business/Productivity Software) Patents
STRATIS (Business/Productivity Software) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20190147157-A1 | Smart lock system | Active | 14-Nov-2017 | ||
| US-12008095-B2 | Smart lock system | Active | 14-Nov-2017 |
STRATIS (Business/Productivity Software) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
STRATIS (Business/Productivity Software) Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| BuLogics | Corporation | Majority | ||
| Angel (individual) | Minority | |||
| Jumpstart NJ Angel Network | Angel Group | Minority | ||
| Tech Council Ventures | Venture Capital | Minority | ||
| Wells Fargo Innovation Incubator | Accelerator/Incubator |
STRATIS (Business/Productivity Software) FAQs
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When was STRATIS (Business/Productivity Software) founded?
STRATIS (Business/Productivity Software) was founded in 2013.
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Where is STRATIS (Business/Productivity Software) headquartered?
STRATIS (Business/Productivity Software) is headquartered in Richardson, TX.
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What is the size of STRATIS (Business/Productivity Software)?
STRATIS (Business/Productivity Software) has 78 total employees.
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What industry is STRATIS (Business/Productivity Software) in?
STRATIS (Business/Productivity Software)’s primary industry is Business/Productivity Software.
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Is STRATIS (Business/Productivity Software) a private or public company?
STRATIS (Business/Productivity Software) is a Private company.
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What is the current valuation of STRATIS (Business/Productivity Software)?
The current valuation of STRATIS (Business/Productivity Software) is .
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What is STRATIS (Business/Productivity Software)’s current revenue?
The current revenue for STRATIS (Business/Productivity Software) is .
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How much funding has STRATIS (Business/Productivity Software) raised over time?
STRATIS (Business/Productivity Software) has raised $8.85M.
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Who are STRATIS (Business/Productivity Software)’s investors?
BuLogics, , Jumpstart NJ Angel Network, Tech Council Ventures, and Wells Fargo Innovation Incubator have invested in STRATIS (Business/Productivity Software).
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Who are STRATIS (Business/Productivity Software)’s competitors?
Rently (Business/Productivity Software), SmartRent, EnergyHub, Ayla Networks, and IOTAS are some of the 13 competitors of STRATIS (Business/Productivity Software).
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When was STRATIS (Business/Productivity Software) acquired?
STRATIS (Business/Productivity Software) was acquired on 31-Aug-2020.
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Who acquired STRATIS (Business/Productivity Software)?
STRATIS (Business/Productivity Software) was acquired by RealPage.
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