SwitchBot
IPOSimplify your world with smart home technology
SwitchBot was founded in 2015, is headquartered in Shenzhen, China, lists 501–1000 employees, and has $17.6M in recorded funding across 1 round.
- Headquarters
- Shenzhen
- Employees
- 501–1000
- Founded
- 2015
- Business Model
- B2C / B2B2C Hardware + Ecosystem
- Website
- switch-bot.com
- Total Funding
- $17.6M
- Last Round
- $17.6M Venture RoundJan 2021
- Rounds
- 1
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.
About
SwitchBot was founded in 2015 by Connery Lee and Richard Mou in Shenzhen, China. The company launched its flagship product — the SwitchBot Bot, a compact robotic switch actuator — via a Kickstarter campaign, enabling users to control legacy switches and appliances via smartphone or voice commands with zero installation. SwitchBot has since grown into a full smart home ecosystem with curtain robots, smart locks, thermostats, hubs, and more, sold in 90+ countries. The company has 501–1,000 employees and is considering a Hong Kong IPO after reaching $1.3B+ in cumulative revenue. Its developer platform (OpenWonderLabs on GitHub) provides open APIs for smart home integrations.
Summary
SwitchBot is a Hardware company based in Shenzhen, China, founded in 2015. It lists 501–1000 employees. It has raised $17.6M in total across 1 round, most recently a $17.6M Venture Round in Jan 2021. Investors include Source Code Capital and Yintai Capital.
Tech & App Stack
8 technologies & apps tracked
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Funding & Exit History
Dec 2025
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Funding: Venture Round. Amounts, valuations, and investors where available.
Investors
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