Homrun is a technology company.
Homrun has raised $3.0M across 1 funding round.
Homrun has raised $3.0M in total across 1 funding round.
Homrun has raised $3.0M in total across 1 funding round.
Homrun's investors include Array Ventures, Buckley Ventures, Endeavor8, Golan Ventures, LGF, Race Capital, Recursive Ventures, Todd and Rahul's Angel Fund, Vitalize Venture Group, Zero Capital, Aaron Rosenson, Elad Kushnir.
HomeRun is a technology company founded in 2015, specializing in artificial intelligence-driven smart pet products.[1] It develops and manufactures AI pet feeders, smart pet companion robots, and various smart pet hardware, serving family pet owners worldwide by providing humanized smart living experiences.[1] The company solves everyday pet care challenges like feeding, hydration, and grooming through innovative, user-friendly devices, with strong growth evidenced by online sales exceeding 200 million yuan by 2022, 70% of its 17 products becoming top sellers on platforms like Tmall and JD.com, and expansion to over 30 countries including the US, Japan, and Germany.[1] Key successes include its smart feeder ranking #1 in its category, over 500,000 units sold of the smart water dispenser, and nearly 1 million pet drying boxes, alongside a 50%+ user repurchase rate and 85%+ recommendation rate, achieving profitability.[1]
HomeRun was founded in 2015 by Kun Liu as an independent R&D-focused company in the AI space, initially prioritizing research, development, and production of smart pet hardware.[1] The idea emerged from a strategic focus on pet care automation, tapping into growing demand for intelligent home solutions to enhance pet-owner interactions.[1] Early traction built through rigorous product development—spanning user insights, prototyping, trials, and market launches—leading to explosive models and word-of-mouth growth; by 2022, it had evolved into a global player with a 100-person R&D team, 146 patents (including 15 invention patents), and national high-tech enterprise status in China.[1]
HomeRun rides the wave of the AI pet tech boom, fueled by rising pet humanization trends, e-commerce growth in emerging markets like China, and global demand for smart home devices post-pandemic.[1] Timing aligns with explosive pet industry expansion—projected to hit billions amid urbanization and pet ownership surges—where AI addresses pain points like remote monitoring and automated care amid busy lifestyles.[1] Market forces favoring HomeRun include China's dominant e-commerce infrastructure, cross-border sales potential, and IP protections (146 patents), positioning it to influence the ecosystem by setting benchmarks for AI hardware in pet care and inspiring similar innovations in adjacent smart home categories.[1]
HomeRun's trajectory points to deeper globalization and product diversification, leveraging its R&D prowess to launch advanced AI robots and expand beyond hardware into software ecosystems for pet health monitoring.[1] Trends like AI integration in consumer IoT, sustainable pet tech, and North American/European market penetration will shape its path, potentially amplifying influence through partnerships and further patent expansions.[1] As a profitability-proven leader in a high-growth niche, HomeRun exemplifies how focused AI R&D turns pet care frustrations into scalable, humanized solutions—primed to dominate the smart pet revolution.
Homrun has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in September 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2018 | $3.0M Seed | Array Ventures, Buckley Ventures, Endeavor8, Golan Ventures, LGF, Race Capital, Recursive Ventures, Todd and Rahul's Angel Fund, Vitalize Venture Group, Zero Capital, Aaron Rosenson, Elad Kushnir, Ran Makavy |