deviceLab
Latest round
- Series A
Last raised
- Jul 2017
Total raised
- $0.7M
Investors
- 1
About deviceLab
deviceLab is a company focused on developing innovative home automation solutions that enhance everyday living.Founded in 2013 and headquartered in Rio de Janeiro, Brazil, deviceLab specializes in smart home technology. The company underwent a significant development phase after its initial product launch in 2021, focusing on enhancing its market presence. Ben Seven, the founder, has a history of entrepreneurial ventures.DeviceLab specializes in the development of innovative home automation solutions designed to enhance the convenience and efficiency of everyday living. Their core product offerings include a range of smart home devices that integrate seamlessly with existing home infrastructure, enabling users to control lighting, climate, security, and appliances through a unified platform. The primary use cases addressed by deviceLab's products focus on energy management, home security, and user comfort. These devices cater to a diverse customer base, including tech-savvy homeowners, property management companies, and real estate developers, primarily in North America and Europe.DeviceLab generates revenue through a combination of direct-to-consumer sales and strategic partnerships with retailers. Customers typically engage in transactions by purchasing individual devices or bundles of products, supported by subscription services for ongoing software updates and enhanced features. The pricing structure reflects a tiered model, allowing customers to choose between entry-level smart devices and premium models with advanced functionalities. Partnerships with wholesalers and retailers further expand distribution, enabling deviceLab to reach a broader audience while maintaining a robust sales pipeline.deviceLab is focused on launching new products designed to expand its smart home device offerings, with plans for a product launch in the upcoming year. The company is also targeting market expansion into additional regions in North America and Europe by 2025.3 million will be utilized to support these new product developments and market expansion initiatives.
Who invested in deviceLab
1 investor across 1 round
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Funding rounds
Series A
Jul 6, 2017
Amount
$0.7M
Investors
Questions about deviceLab
Who invested in deviceLab?
deviceLab has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has deviceLab raised?
deviceLab has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did deviceLab last raise money?
deviceLab's most recent round on record is a Series A, in Jul 2017.
What does deviceLab do?
deviceLab is a company focused on developing innovative home automation solutions that enhance everyday living.
Where is deviceLab headquartered?
deviceLab is headquartered in Rio de Janeiro, Brazil.
Which VCs invest in companies like deviceLab?
Among active investors with capital left to deploy, LIV Capital, Canary, Invest Tech and Wollef back telecoms companies at deviceLab's stage. Their profiles are linked below.
VCs backing telecoms startups at Series A
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