Nest Labs
2010
FOUNDED
M&A
STATUS
901-1000
EMPLOYEES
M&A
LATEST DEAL TYPE
$3.2B
LATEST DEAL AMOUNT
Description
Provider of learning thermostat focused designed to reduce home-energy consumption. The company's thermostat learns human behaviors and preferences, automatically adjusting the temperature, enabling users to stay comfortable while saving energy and money.
Website
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Household Appliances
Parent Company
Primary Office
- 3400 Hillview Avenue
- Palo Alto, CA 94304
- United States
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Nest Labs Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 07-Feb-2014 | $3.2B | 00000 | 00.00 | Completed | Generating Revenue |
| 5. Later Stage VC | 03-Jan-2014 | 00000 | Cancelled | Generating Revenue | ||
| 4. Later Stage VC (Series C) | 30-Jan-2013 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
| 3. Early Stage VC (Series B) | 26-Oct-2011 | 0000 | 000.00 | 00000 | Completed | Product Development |
| 2. Early Stage VC (Series A) | 20-Sep-2010 | $9.6M | $9.8M | 000.00 | Completed | Product Development |
| 1. Seed Round | 18-Aug-2010 | $250K | $250K | 00.00 | Completed | Startup |
Nest Labs Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series B | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A | 22,310,630 | $0.000100 | 8% | $0.39 | $0.39 | 1x | $0.38 | 12.82% |
| Seed | 9,396,990 | $0.000100 | 8% | $0.03 | $0.03 | 1x | $0.03 | 5.22% |
Nest Labs Investments & Acquisitions (5)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000000 000000 | 13-Aug-2017 | 000000000000000000 | Application Software | ||
| 000000 | 24-Oct-2014 | 000000000000000000 | Application Software | 0000000 000000 | |
| 0000000 | 02-Sep-2014 | 00000 00000 00 | 00000 | Multimedia and Design Software | |
| 0000000 | 20-Jun-2014 | 000000000000000000 | 00000 | Electronics (B2C) | 0000000 000000 |
| MyEnergy | 07-May-2013 | Merger/Acquisition | Database Software | 0000000 000000 |
Nest Labs Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 000000 | Application Software | Boulder, CO | 0000 |
Nest Labs Former Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Biz Stone | Angel (individual) | Minority | 000 0000 | 000000 0 | ||
| C4 Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Diego Berdakin | Angel (individual) | Minority | 000 0000 | 000000 0 | ||
| GV | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Generation Investment Management | PE/Buyout | Minority | 000 0000 | 000000 0 |
Nest Labs Executive Team (15)
10 Former Executives
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