Aqara
Xiaomi-Backed Smart Home Devices Provider.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | N/A | $304k Valuation: $775m | Late VC |
| Total Funding | 000k | ||
Aqara is a company that specializes in smart home devices, offering a range of products that includes sensors, controllers, and other home automation gadgets. The company's products are designed to be compatible with major smart home ecosystems such as Apple HomeKit, Google Assistant, and Amazon Alexa, which allows for wide-ranging integration and control.
The business model is centered on the sale of these hardware devices to consumers. Aqara targets homeowners who are looking to either start building a smart home or expand an existing one. The company generates revenue through the direct sale of its products via its website and third-party retailers.
The market for smart home devices is a competitive one, with many players offering similar products. Aqara differentiates itself by providing a broad portfolio of devices that work together seamlessly, creating a comprehensive and interconnected home automation system. The company's focus on compatibility and a wide product range allows users to create customized smart home setups that are tailored to their specific needs.
Keywords: smart home, IoT, home automation, sensors, controllers, smart hubs, smart plugs, smart locks, connected home, Zigbee
