What is On Controls?
On Controls, formerly known as iRule, is an application that transforms devices like iPads, iPhones, and Android phones into universal remote controls. It offers users a simple and reliable way to manage audio-video equipment, focusing on an intuitive user experience that empowers non-experts to create personalized control systems. The platform is designed to be fully upgradeable, adapting to evolving user needs.
How much funding has On Controls raised?
On Controls has raised a total of $3.9M across 3 funding rounds:
Series A
$1.3M
Series B
$100K
Private Equity
$2.5M
Series A (2013): $1.3M with participation from Detroit Venture Partners, Compuware Ventures, and Lis Ventures
Series B (2013): $100K led by IncWell
Private Equity (2014): $2.5M supported by Detroit Venture Partners
Key Investors in On Controls
Detroit Venture Partners
Detroit Venture Partners is a venture capital firm focused on seed and early-stage technology companies, with a particular emphasis on Detroit-based startups. They provide not only capital but also hands-on coaching and mentorship to drive growth.
Lis Ventures
Lis Ventures is an investment entity that participates in early-stage funding rounds, contributing capital to support the growth of emerging technology companies.
IncWell
IncWell is an investment firm that backs early-stage companies, providing the necessary financial backing and strategic support to help them achieve their growth objectives.
What's next for On Controls?
The recent major strategic investment suggests On Controls is poised for significant scaling and market expansion. This capital will likely fuel product development, enhance user acquisition strategies, and potentially explore new integrations or partnerships. The company's focus on a user-friendly interface for complex AV control positions it well to capture a broader consumer and professional market share, leveraging its adaptable technology to meet future demands.
See full On Controls company page
