Dwelo is a Smart Device Management (SDM) platform tailored exclusively for the multifamily sector. The company's innovative platform integrates with switches, thermostats, and locks, pairing them with its hub to offer robust web and mobile software solutions. This allows residents to experience advanced living, while enabling property managers to streamline their tasks and property owners to realize substantial returns, ultimately enhancing the Net Operating Income. Founded in 2014 and based in Draper, Utah, Dwelo has recently attracted significant attention in the investment community, securing a $100.00M Series C investment on 10 November 2021. The investment was led by major players such as Walmart and Cox Communications. With its focus on IoT and real estate industries, Dwelo is well-positioned to continue providing smart home amenities while optimizing operational efficiency.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $100.00M | 2 | Cox Communications | 10 Nov 2021 |
Venture Round | $4.79M | - | 04 Nov 2019 | |
Venture Round | $2.29M | 2 | Constance Freedman | 10 Dec 2018 |
Seed Round | $4.90M | 1 | 02 Jan 2017 | |
Seed Round | $1.81M | 1 | 01 Feb 2016 |
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