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smartthings.com

Stage

Acquired | Acquired

Total Raised

$16.71M

Valuation

$0000 

About SmartThings

SmartThings is building an open platform for smart homes and the consumer Internet of Things. SmartThings makes a hub, cloud platform, and client applications (such as smart devices).

SmartThings Headquarters Location

665 Clyde Ave

Mountain View, California, 94043,

United States

800-726-7864

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Expert Collections containing SmartThings

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SmartThings is included in 2 Expert Collections, including Smart Cities.

S

Smart Cities

1,216 items

Smart building tech covers energy management/HVAC tech, occupancy/security tech, connectivity/IoT tech, construction materials, robotics use in buildings, and the metaverse/virtual buildings.

S

Smart Home & Consumer Electronics

1,199 items

This Collection includes companies developing smart home devices, wearables, home electronics, and other consumer electronics.

SmartThings Patents

SmartThings has filed 6 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/21/2016

8/20/2019

Home automation, Computer network security, Wireless networking, Building automation, Sensors

Grant

Application Date

11/21/2016

Grant Date

8/20/2019

Title

Related Topics

Home automation, Computer network security, Wireless networking, Building automation, Sensors

Status

Grant

Latest SmartThings News

Samsung’s SmartThings devices exceed 10 million units

Sep 28, 2022

| (Samsung Electronics) Samsung Electronics’ smart home platform SmartThings has hit the 10 million mark in connecting devices and home appliances around the world as of Sept. 12, the South Korean tech giant said Wednesday. Launched in 2018, the app aims to connect small and larger appliances from refrigerators and washing machines to air purifier and dishwashers via smartphones. More recently, Samsung is increasingly teaming up with other brands to bolster connectivity. The number of connected devices has doubled every year since 2019, and Samsung estimates the number could exceed 20 million units by the end of next year. Samsung said the surge comes as more diversified features are being added to enhance the user experience. Younger consumers, especially millennials and Generation Z who have become the main users of Samsung’s latest home appliances, are responding positively to added features like the pet care function for a robot vacuum cleaner and the barcode-based food scanning function that offers cooking information for home meal replacements. Amid soaring energy bills and growing calls for sustainable growth, its electricity consumption monitoring function is also gaining popularity, with the monthly user number doubling during the summer season. Samsung said it aims to connect more devices with the SmartThings platform, and ultimately even devices from industry rivals. Currently, a total of 13 brands including GE, Haier, Electrolux and LG Electronics have joined a Samsung-led smart home initiative called the Home Connectivity Alliance. At the IFA trade show held in Berlin earlier this month, Samsung Electronics CEO Han Jong-hee said this year will mark the beginning of mass adoption of SmartThings, saying that the number of users will surge to 5 billion over the next five years from the current 2.3 billion. By Lee Ji-yoon ( jylee@heraldcorp.com )

  • Where is SmartThings's headquarters?

    SmartThings's headquarters is located at 665 Clyde Ave, Mountain View.

  • What is SmartThings's latest funding round?

    SmartThings's latest funding round is Acquired.

  • How much did SmartThings raise?

    SmartThings raised a total of $16.71M.

  • Who are the investors of SmartThings?

    Investors of SmartThings include Samsung NEXT, Slow Ventures, BoxGroup, Greylock Partners, Highland Capital Partners and 25 more.

  • Who are SmartThings's competitors?

    Competitors of SmartThings include EVRYTHNG, Wink, Abode Systems, Vivint Smart Home, Control4 and 11 more.

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