August Home

Consumer ProductsSeries CSan Francisco, USaugust.com

Latest round

Series C

Last raised

Apr 2017

Total raised

$73M

Investors

21

About August Home

August Home, Inc.August Home, Inc. specializes in smart lock technology, providing intelligent access systems for residential properties. Founded in 2012 and headquartered in San Francisco, US, the company was established by Yves Behar, who has a history of founding other companies. and Bessemer Venture Partners.August Home specializes in smart lock technology, focusing on providing keyless entry systems designed for convenience and enhanced security. Their core offerings include a range of smart locks that seamlessly integrate with existing deadbolts, allowing users to maintain traditional key access while enjoying the features of smart technology. The locks are equipped with capabilities such as auto-unlock and compatibility with various smart home systems, including voice assistants and home automation platforms like Samsung SmartThings and Philips Hue. The company primarily serves homeowners, renters, and vacation rental hosts, addressing common entry challenges faced by families, property managers, and individuals who often misplace keys.August Home generates revenue through direct-to-consumer sales of its smart lock systems and associated accessories, including the Wi-Fi Smart Lock, Yale Approach Lock, and various bundles that enhance the smart home experience.99. Their transaction structure is primarily B2C, with customers purchasing products directly from the August Home website or through partnered retail channels.In October 2017, August Home was acquired by ASSA ABLOY AB, aiming to strengthen its residential smart door strategy with smart locks, video doorbells, and home delivery solutions. With this acquisition, August Home is expected to leverage ASSA ABLOY's resources to design and launch new smart lock products that will enhance user experience and security.

Who invested in August Home

21 investors across 4 rounds

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Funding rounds

  1. Series C

    Apr 5, 2017

    Amount

    $25M

    Investors

    Locked

  2. Series B

    Mar 26, 2015

    Amount

    $38M

    Investors

    Locked

  3. Series A

    Nov 19, 2013

    Amount

    $8M

    Investors

    Locked

  4. Seed

    Mar 1, 2013

    Amount

    $2M

    Investors

    Locked

Questions about August Home

Who invested in August Home?

August Home has 21 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has August Home raised?

August Home has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did August Home last raise money?

August Home's most recent round on record is a Series C, in Apr 2017.

What does August Home do?

August Home is a consumer products company.

Where is August Home headquartered?

August Home is headquartered in San Francisco, US.

Which VCs invest in companies like August Home?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at August Home's stage. Their profiles are linked below.

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