Wyze

On a mission to make smart home technology accessible to everyone

General Information
Company Name
Wyze
Founded Year
2017
Location (Offices)
Kirkland, United States +1
Founders / Decision Makers
Number of Employees
219
Industries
Consumer Electronics, Hardware, Autonomous and Sensor Tech
Funding Stage
Series B
Social Media

Wyze - Company Profile

Wyze is a United States-based startup in the Consumer Electronics industry, founded in 2017. The company is driven by the mission to democratize smart home technology, as reflected in its slogan "On a mission to make smart home technology accessible to everyone." The company's founding members, who previously worked at Amazon, have instilled Amazon's core principles in Wyze's DNA. They aim to be the most customer-centric technology company, offering high-quality products at great prices. Wyze's flagship product, Wyze Cam, was born out of the co-founder's struggle to find an affordable and reliable smart home camera. This led to the realization that established brands were overpriced while cheaper alternatives were unreliable. This experience fueled the mission of Wyze to provide consumers with better options. Having received a $110.00M Series B investment on 30 July 2021, with participation from Marcy Venture Partners and American Family Ventures, Wyze is on a trajectory for growth. The company's vision extends beyond Wyze Cam, aiming to launch a range of high-quality, affordable tech products that enhance people's lives and ensure accessibility to great technology for all. As Wyze continues to expand its product line and presence in the market, it is positioned to be a disruptive force in the consumer electronics and smart home technology space by offering innovative yet affordable solutions to a broad customer base.

Taxonomy: Smart home technology, Affordable products, Tech startup, Customer-centric, High-quality, Innovative, Amazon principles, Smart home camera, Accessible technology, Start-up culture, Consumer electronics, Customer satisfaction, Quality products, Connected devices, Inclusive technology

Funding Rounds & Investors of Wyze (5)

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Funding Stage Amount No. Investors Investors Date
Series B $110.00M 2 30 Jul 2021
Series A $15.00M 4 29 Jul 2020
Series A $10.00M 2 27 May 2020
Series A $20.00M 1 04 Jan 2019
Seed Round Unknown 1 11 Aug 2017

Latest News of Wyze

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No recent news or press coverage available for Wyze.

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