
Leaf Technologies
closedAir: Your Smarter home | Leaf Technologies.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
$250k | Early VC | ||
Total Funding | 000k |
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Leaf Technologies Private Limited was a technology company focused on the smart home sector, incorporated in Mumbai, India on July 30, 2014. The company was founded by Srijan Dhare, Ashish Talewar, Tarun Sahu, and Vaibhav Tolia. Its stated mission was to develop products that could revolutionize home interaction, making homes that learn and adapt to user needs for enhanced comfort and safety.
The firm's core business was centered on developing smart home products designed to identify and reduce energy waste, thereby helping users save on electricity costs. These products allowed users to control their home appliances through a smartphone application, aiming to improve both the security and functionality of their homes. Leaf Technologies operated in the consumer electronics and smart home market.
Throughout its operation, the company secured a total of $2.88 million in funding over two rounds. The first was a seed round on October 1, 2014, which raised $870K. This was followed by a Series A round on October 8, 2015, which brought in an additional $2.01 million, led by investor Sequoia Capital. Other investors included Tessellate Ventures, ADATA Technology, and several angel investors. As of October 2015, the company had a last known valuation of $14.1 million. According to corporate filings, the company remains active, with Vaibhav Pankaj Tolia and Ashish Talewar listed as current directors. However, multiple sources now classify Leaf Technologies as a deadpooled company.
Keywords: smart home, energy savings, home automation, consumer electronics, appliance control, electricity management, Mumbai startup, Sequoia Capital portfolio, smart security, home technology, IoT devices, venture capital, Series A, energy efficiency, mobile application control, deadpooled