What is AMP Smart?
AMP Smart is a Utah-based company specializing in advanced smart home security systems. Their offerings include voice-controlled features and smartphone applications for continuous 24-hour surveillance, alongside detection capabilities for smoke and carbonation. The company operates within the rapidly evolving smart home technology market, aiming to provide comprehensive security solutions for residential consumers.
How much funding has AMP Smart raised?
AMP Smart has raised a total of $61M across 2 funding rounds:
Debt
$1M
Other Financing Round
$60M
Debt (2020): $1M with participation from PPP
Other Financing Round (2020): $60M led by Seacoast Capital Partners Limited Partnership and St. Cloud Capital LLC
Key Investors in AMP Smart
PPP
Public-Private Partnership
Seacoast Capital Partners Limited Partnership
A capital partner involved in AMP Smart's financing rounds, likely focusing on growth-stage companies.
St. Cloud Capital LLC
A financial firm that has provided investment capital to AMP Smart, supporting its strategic objectives.
What's next for AMP Smart?
The recent major strategic investment positions AMP Smart for accelerated growth and market expansion. This enterprise-level backing suggests a focus on scaling operations, enhancing product development, and potentially broadening its service offerings. The company is poised to leverage this capital to further solidify its presence in the competitive smart home security landscape, likely focusing on technological innovation and customer acquisition strategies.
See full AMP Smart company page