Sevenhugs

Consumer ProductsSeries ASan Francisco, USsevenhugs.com

Latest round

Series A

Last raised

Jun 2016

Total raised

$16M

Investors

7

About Sevenhugs

Sevenhugs Inc.Founded in 2014 in San Francisco, US, Sevenhugs Inc. developed innovative smart remote control products.00 mn.Sevenhugs developed a suite of smart remote control products aimed at simplifying the management of connected home devices. The Smart Remote, its flagship product, integrated controls for various smart home devices.Sevenhugs generated revenue primarily through direct-to-consumer sales for its smart remote products, structured as one-time purchases.Although Sevenhugs has ceased its product operations, the acquisition by Qorvo in November 2020 may signal future integration opportunities within the smart home technology sector. Specific plans for new product launches or market expansions have not been disclosed.

Who invested in Sevenhugs

7 investors across 2 rounds

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Funding rounds

  1. Series A

    Jun 22, 2016

    Amount

    $15M

    Investors

    Locked

  2. Seed

    Mar 31, 2015

    Amount

    $1.6M

    Investors

    Locked

Questions about Sevenhugs

Who invested in Sevenhugs?

Sevenhugs has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sevenhugs raised?

Sevenhugs has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Sevenhugs last raise money?

Sevenhugs's most recent round on record is a Series A, in Jun 2016.

What does Sevenhugs do?

Sevenhugs is a consumer products company.

Where is Sevenhugs headquartered?

Sevenhugs is headquartered in San Francisco, US.

Which VCs invest in companies like Sevenhugs?

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

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