Total raised
$2.5M
Last: Seed 2015-05
Stage
Mature
Founded
2013
Headcount
8
HQ
Netanya
Sector
Energy Tech
About
SwitchBee is a centralized platform that enables control over a range of devices such as switches and sockets. It utilizes cloud technology and a secure server for operations. By installing SwitchBee's smart module, any switch can be transformed into a smart switch within a few minutes. The module is easily connected to the switch using provided wires and basic assembly instructions.
The central system is connected to the home Internet and communicates with the smart units via radio frequency transmission. Through the SwitchBee app, commands are sent from a mobile phone to the central unit either through Wi-Fi or cellular network (LTE/3G), depending on the phone's location.
Funding history · 1 round · $2.5M total
2015-05
Seed
$2.5M
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Consumption & EfficiencyClimate TechEnergy TransitionEco-Efficient Energy UsageIndustrial TechnologiesMicroelectronics & Photonics Solutions
Technologies
Platforms & InterfacesMobileCommunicationsIOT
Target customers
Real Estate & ConstructionManagementResidentialCommercialConsumersFinancial & Real EstateTenants & Landlords
Business model
B2CB2B
Highlights
1 PatentsVerified
Tags
lightinghome-appliancesmobile-applicationssmart-homeclimate-techiotelectronic-manufacturingenergy-usage