DREO
DREO Home Ecosystem | Air Comfort, Smart Kitchen
DREO was founded in 2020, is headquartered in Shenzhen, China, lists 51–200 employees, and has $1.0M in recorded funding across 1 round.
- Headquarters
- Shenzhen
- Employees
- 51–200
- Founded
- 2020
- Business Model
- B2C
- Website
- dreo.com
- Total Funding
- $1.0M
- Last Round
- $1.0M Equity CrowdfundingMay 2023
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round for this company. The full record is or through the API.
About
Dreo is the house brand of Shenzhen Hesung Innovation Technology, a small-appliance maker started by Wei Lihu, formerly a rotating CEO at Shenzhen e-commerce group Sunvalley. The brand built its position on Amazon, where it claims the top-selling household fan brand in the US for three consecutive years, and has expanded from tower fans and space heaters into air purifiers, humidifiers, ceiling fans, air conditioners, and kitchen lines including combi fryers, milk frothers, and water filters. Dreo runs localized direct-to-consumer storefronts for the US, Canada, UK, Germany, France, Spain, and Turkey, pairs its Wi-Fi-connected appliances with a companion smartphone app, and lists its US office address in Clifton, New Jersey.
Summary
DREO is a Hardware company based in Shenzhen, China, founded in 2020. It lists 51–200 employees. It has raised $1.0M in total across 1 round, most recently a $1.0M Equity Crowdfunding round in May 2023.
Tech & App Stack
6 technologies & apps tracked
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Funding History
May 2023
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