# ConnectedYard

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

- Industry: Consumer Products
- Headquarters: Campbell, US
- Website: www.get.phin.co
- Total disclosed funding: $9.2M
- Latest round: Series A (Dec 2, 2016)
- Investors on record: 3

## About

ConnectedYard Inc. specializes in innovative IoT solutions that enhance pool management through real-time monitoring and analytics, improving user experience and operational efficiency.Founded in 2014 in Campbell, US, ConnectedYard Inc. creates smart solutions for pool management. The company successfully raised USD 7.000 mn in Series A funding on December 2, 2016, with investments from Lonza Group Ltd., Playground Global, LLC, and Tandem Capital, bringing the total amount raised to USD 7.000 mn. The company has been involved in 2 deals to date, with a current valuation of USD 25.824 mn.ConnectedYard Inc. offers a range of products aimed at enhancing pool management through digital solutions. Their primary service includes a platform that allows users to monitor pool conditions in real-time, ensuring optimal maintenance and safety. Their solutions cater to various clientele, including residential pool owners and commercial pool operators, focusing on improving efficiency and user engagement.ConnectedYard Inc. employs a subscription-based revenue model, allowing clients to access their services for a recurring fee. This model fosters predictable revenue and encourages long-term client relationships. Clients typically enter annual contracts, which provide various service levels tailored to their needs, including enhanced performance and security features that contribute to the company's revenue streams.Following the recent Series A funding round completed in December 2016, ConnectedYard Inc. plans to invest in developing new IoT products to enhance its service offering. The company targets expansion into North American and European markets by 2025, aiming to broaden its customer base. The capital raised will support these product developments and market entry initiatives.

## Funding rounds

- Series A, Dec 2, 2016, $7M — Lonza Group Ltd., Tandem Capital, Playground Global, LLC
- Seed, Aug 27, 2015, $2.2M — Tandem Capital, Playground Global, LLC

## Investors

- Tandem Capital (https://capitalatlas.ai/funds/tandem-capital) — Seed, Series A
- Playground Global, LLC — Seed, Series A
- Lonza Group Ltd. — Series A