How much funding has SwitchBot raised?

SwitchBot has raised $17.6M in total funding, most recently a Venture Round.

Who are SwitchBot's investors?

SwitchBot's investors include Source Code Capital.

Where is SwitchBot headquartered?

SwitchBot is headquartered in Shenzhen, China.

What industry is SwitchBot in?

SwitchBot operates in Hardware, IoT.

How many employees does SwitchBot have?

SwitchBot has 501-1000 employees.

SwitchBot

IPO

Simplify your world with smart home technology

Shenzhen, China · Founded 2015 · $17.6M raised

Hardware

IoT

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

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 has raised $17.6M in total across 1 round, most recently a $17.6M Venture Round round in Jan 2021. Investors include Source Code Capital.

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