Switchee Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 103

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $6.34M

  • Investors
  • 18

Switchee General Information

Description

Developer of smart home device designed to assist property managers and landlords in maintaining their properties. The company's device uses software to provide real-time analytics that helps landlords to save tenants money by detecting occupancy and turning off the heating when a property is empty and engaging directly with their residents remotely, enabling property owners and landlords to better manage large-scale residential portfolios.

Contact Information

Website
www.switchee.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 57 Southwark Street
  • Office 405-406, Citybridge House
  • London SE1 1RU
  • England, United Kingdom
+44 0800
Primary Industry
Other Hardware
Other Industries
Business/Productivity Software
Vertical(s)
Advanced Manufacturing, Climate Tech, SaaS, Artificial Intelligence & Machine Learning, Real Estate Technology, Internet of Things
Corporate Office
  • 57 Southwark Street
  • Office 405-406, Citybridge House
  • London SE1 1RU
  • England, United Kingdom
+44 0800

Switchee Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Switchee Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
15. Later Stage VC (Series A) 07-Jun-2024 $6.34M Completed Generating Revenue
14. Later Stage VC 11-Oct-2022 Completed Generating Revenue
13. Secondary Transaction - Private 17-Aug-2022 Completed Generating Revenue
12. Secondary Transaction - Private 16-Dec-2021 Completed Generating Revenue
11. Later Stage VC 13-Jul-2021 Completed Generating Revenue
10. Grant 01-Jun-2020 Completed Generating Revenue
9. Later Stage VC (Series A) 13-Apr-2020 Completed Generating Revenue
8. Early Stage VC 01-Nov-2019 Completed Generating Revenue
7. Seed Round 04-Jul-2018 $1.76M $3.19M Completed Generating Revenue
6. Grant 01-Jun-2017 $81.7K $1.44M Completed Startup
To view Switchee’s complete valuation and funding history, request access »

Switchee Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
A Ordinary
A Ordinary
A Ordinary
A Ordinary
A Ordinary
A Ordinary
A Ordinary
A Ordinary 369,222 $0.000112 $2.13 $2.13 1x $2.13 14.51%
A Ordinary 178,629 $0.000112 $2.53 $2.53 1x $2.53 7.02%
To view Switchee’s complete cap table history, request access »

Switchee Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of smart home device designed to assist property managers and landlords in maintaining their properties. The c
Other Hardware
London, United Kingdom
103 As of 2024

Rockleigh, NJ
 

Santa Clara, CA
 
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Switchee Competitors (6)

One of Switchee’s 6 competitors is Crestron Electronics, a Corporation company based in Rockleigh, NJ.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Crestron Electronics Corporation Rockleigh, NJ
Enlighted Venture Capital-Backed Santa Clara, CA
Reonomy Formerly VC-backed New York, NY
Pelican Wireless Systems Corporation Livermore, CA
Latch Formerly VC-backed New York, NY
To view Switchee’s complete competitors history, request access »

Switchee Patents

  • 6

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • Pending

  • Expiring in next 12 mo

Switchee Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-2533646-B System and method for controlling energy consuming devices within a building Active 27-Dec-2014
GB-2554792-B System and method for controlling energy consuming devices within a building Active 27-Dec-2014
GB-2554792-A System and method for controlling energy consuming devices within a building Active 27-Dec-2014
GB-201712244-D0 System and method for controlling energy consuming devices within a building Active 27-Dec-2014
EP-3237978-A1 System and method for controlling energy consuming devices within a building Inactive 27-Dec-2014 G05B19/00
To view Switchee’s complete patent history, request access »

Switchee Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Switchee Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds
Octopus Ventures Venture Capital Minority
AXA Investment Managers Asset Manager Minority
Growth Strategy Venture Capital Minority
Ingenious Infrastructure Corporation Minority
MNL Nominees Corporation Minority
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Switchee FAQs

  • When was Switchee founded?

    Switchee was founded in 2015.

  • Where is Switchee headquartered?

    Switchee is headquartered in London, United Kingdom.

  • What is the size of Switchee?

    Switchee has 103 total employees.

  • What industry is Switchee in?

    Switchee’s primary industry is Other Hardware.

  • Is Switchee a private or public company?

    Switchee is a Private company.

  • What is Switchee’s current revenue?

    The current revenue for Switchee is .

  • How much funding has Switchee raised over time?

    Switchee has raised $21.3M.

  • Who are Switchee’s investors?

    Octopus Ventures, AXA Investment Managers, Growth Strategy, Ingenious Infrastructure, and MNL Nominees are 5 of 18 investors who have invested in Switchee.

  • Who are Switchee’s competitors?

    Crestron Electronics, Enlighted, Reonomy, Pelican Wireless Systems, and Latch are some of the 6 competitors of Switchee.

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