IOTAS
Latest round
- Series A
Last raised
- Oct 2019
Total raised
- $8.5M
Investors
- 3
About IOTAS
IOTAS, Inc.Founded in 2014 and headquartered in Portland, US, IOTAS, Inc. develops technology for smart living.IOTAS provides advanced smart technology solutions tailored for multifamily residential buildings, including smart locks, intelligent lighting systems, smart thermostats, and leak detection devices. These products are controlled through a user-friendly mobile application, allowing residents in urban markets such as New York City, Los Angeles, and Chicago to manage their homes remotely.IOTAS generates revenue through a subscription-based model in partnership with property management firms. Their tailored smart technology packages include installation, ongoing support, and system upgrades, enabling both B2B engagement and direct consumer interaction.In June 2022, IOTAS, Inc. was acquired by ADT LLC, marking a significant step in its growth strategy. The recent investments will be directed toward developing new smart technology products and expanding into additional urban markets across North America. As part of this initiative, IOTAS aims to introduce enhanced solutions by 2023, leveraging the resources and expertise of ADT to bolster their market presence.
Who invested in IOTAS
3 investors across 1 round
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Funding rounds
Series A
Oct 1, 2019
Amount
$8.5M
Investors
Questions about IOTAS
Who invested in IOTAS?
IOTAS has 3 investors 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 IOTAS raised?
IOTAS has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did IOTAS last raise money?
IOTAS's most recent round on record is a Series A, in Oct 2019.
What does IOTAS do?
IOTAS is a software company.
Where is IOTAS headquartered?
IOTAS is headquartered in Portland, US.
Which VCs invest in companies like IOTAS?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at IOTAS's stage. Their profiles are linked below.
VCs backing software startups at Series A
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