# AlertMe

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alertme

- Industry: Software
- Headquarters: London, UK
- Website: www.alertme.com
- Total disclosed funding: $37M
- Latest round: Series B (Oct 7, 2010)
- Investors on record: 6

## About

AlertMe develops smart home solutions, focusing on security and energy management, allowing users to control and monitor their homes remotely through integrated smart devices.Founded in 2006 in London, UK, AlertMe specializes in smart home technologies. The company was acquired by British Gas in February 2015 for GBP 65 million. The firm has completed four deals in total, with the most recent deal occurring in February 2015. No additional subsidiaries or pivots have been documented in public records.AlertMe specializes in providing innovative smart home solutions designed to enhance security, energy management, and overall home automation. The core product offerings include a sophisticated home monitoring system that integrates with various smart devices, allowing users to manage energy consumption and monitor their homes remotely. These systems are aimed at solving the challenges of home security and energy efficiency, catering to tech-savvy homeowners who seek to optimize their living environments. The products typically feature user-friendly interfaces and mobile applications to facilitate seamless control and monitoring from anywhere. AlertMe's solutions are marketed primarily in the United Kingdom and select European markets, where there is a growing demand for smart home technology among residential customers and property management organizations.In 2022, AlertMe generated revenue of GBP 61,717,216. The company's subscription-based model allows customers access to smart home services, including premium monitoring features and advanced energy management tools, ensuring a streamlined experience for users. The pricing structure is competitive, offering monthly or annual plans based on customer needs.With the acquisition by British Gas in 2015, AlertMe has prepared for future growth by exploring the development of new smart home products aimed at enhancing security and energy management solutions. The company plans to expand its reach into new markets, particularly in Europe, where the demand for smart home technologies is rising. Recent funding from British Gas will support initiatives to enhance product offerings and increase market penetration.

## Funding rounds

- Series B, Oct 7, 2010, $24M — Index Ventures, VantagePoint Capital, Cofra, SET Ventures, British Gas
- Series A, Jun 1, 2009, $13M — Index Ventures, VantagePoint Capital, Good Energies Inc.

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B
- VantagePoint Capital (https://capitalatlas.ai/funds/vantagepoint-capital) — Series A, Series B
- Good Energies Inc. — Series A
- Cofra — Series B
- SET Ventures (https://capitalatlas.ai/funds/set-ventures) — Series B
- British Gas — Series B
