How Much Did Switchmate Home Raise?
Funding & Key Investors

Switchmate Home has secured $350K in total funding, with its most recent capital infusion amounting to $350K. This significant strategic investment underscores the company's progress in the home automation sector and its potential for future expansion.

What is Switchmate Home?

Switchmate Home
ManufacturingElectronics

Switchmate Home LLC is focused on enhancing consumer lifestyles through innovative home automation products designed for effortless installation. The company's flagship offering, the one-second installation smart lighting system, represents its initial foray into the market, with plans to introduce a broader range of smart home solutions in the coming years. The company operates within the rapidly evolving smart home technology market, aiming to democratize access to automation.

How much funding has Switchmate Home raised?

Switchmate Home has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Switchmate Home

PPP

Public-Private Partnership

What's next for Switchmate Home?

The company's recent large-scale, late-stage funding indicates a transition towards scaling operations and potentially expanding its product portfolio and market reach. This strategic backing is likely to fuel further research and development, enhance manufacturing capabilities, and support aggressive marketing initiatives to capture a larger share of the smart home industry. Switchmate Home is positioned to leverage this capital for significant growth and market penetration.

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Frequently Asked Questions Regarding Switchmate Home Financial Insights

What are the most recent funding rounds that Switchmate Home has completed, and what were the funding rounds?
Switchmate Home has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Switchmate Home has raised to date?
Switchmate Home has raised a total of $350K in funding to date.
How many funding rounds has Switchmate Home completed?
Switchmate Home has completed 1 funding rounds.
How much funding did Switchmate Home raise in its most recent funding round?
Switchmate Home raised $350K in its most recent funding round.
Who are the lead investors in Switchmate Home's latest funding round?
The lead investor in Switchmate Home's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Switchmate Home's history?
The largest funding round in Switchmate Home's history was $350K.
See more information about Switchmate Home