# ConnectedH

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

- Industry: Software
- Headquarters: Gurgaon, India
- Website: www.connectedh.com
- Total disclosed funding: $2.9M
- Latest round: Seed (Sep 29, 2021)
- Investors on record: 7

## About

Based in India, Leading Bird Web Services Private Limited provides innovative technology solutions focused on enhancing connectivity within smart home environments through their interconnected devices and central management platforms.Founded in 2017 in Gurgaon, India, Leading Bird Web Services Private Limited specializes in offering smart home technology solutions. The firm has successfully completed 3 deals, with the most recent funding round, Seed, raising USD 2.30 mn on August 2, 2023. The investors included Anicut Capital, First Cheque, Incubate Fund, Kalaari Capital, Mars Shot Ventures, and PointOne Capital. The company was co-founded by Rahul Kumar and Suresh Singh, who bring diverse expertise to its operations.ConnectedH specializes in delivering innovative technology solutions tailored to enhance connectivity within smart home environments. Their core offerings include a range of interconnected devices that facilitate seamless communication between home appliances and systems, thereby enabling users to control, monitor, and optimize their home environments through a central platform. These products are designed to address common challenges such as energy efficiency, security, and user convenience, and cater to both residential and commercial clients. The company markets its products primarily in North America and Europe, targeting tech-savvy consumers, property developers, and businesses looking to implement smart technologies. Since their initial launch, ConnectedH has expanded its product line to include advanced smart home hubs, sensors, and automation software, enhancing the functionality and accessibility of their ecosystem.In the most recent fiscal year of 2022, ConnectedH reported a revenue of USD 270,437.90 and an EBITDA of USD -793,336.50. The company generates revenue through a combination of direct consumer sales and strategic partnerships within the retail sector. Customers typically engage with the company's products through a subscription model that provides ongoing software updates and premium features, ensuring users have access to the latest advancements. Additionally, the company collaborates with various distributors and retailers, enabling wider reach and availability of their flagship products.In August 2023, ConnectedH discontinued its operations. There are no forthcoming plans for product launches or market expansions available at this time, and the future utilization of the recently raised funding of USD 2.30 mn remains unclear given the company's operational discontinuation.

## Funding rounds

- Seed, Sep 29, 2021, $2.3M — Kalaari Capital, Incubate Fund, Anicut Capital, First Cheque, PointOne Capital, Mars Shot Ventures
- Seed, Feb 29, 2020, $0.6M — Sprout Group, First Cheque, PointOne Capital

## Investors

- Sprout Group (https://capitalatlas.ai/funds/sprout-group) — Seed
- First Cheque (https://capitalatlas.ai/funds/first-cheque) — Seed
- PointOne Capital (https://capitalatlas.ai/funds/pointone-capital) — Seed
- Kalaari Capital (https://capitalatlas.ai/funds/kalaari-capital) — Seed
- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Seed
- Anicut Capital (https://capitalatlas.ai/funds/anicut-capital) — Seed
- Mars Shot Ventures (https://capitalatlas.ai/funds/mars-shot-ventures) — Seed