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§ Private Profile · Mountain View, CA, USA
SmartThings is a technology company.
SmartThings has raised $16.0M across 2 funding rounds.
Key people at SmartThings.
SmartThings was founded in 2012 by Jeff Hagins (Founder & CTO).
SmartThings has raised $16.0M in total across 2 funding rounds.
SmartThings provides a comprehensive platform for smart home device integration, enabling users to connect and control a diverse ecosystem of IoT products. It facilitates interoperability among various appliances and sensors, offering AI-powered automation and remote management. Supporting protocols like Matter, Zigbee, Z-Wave, and LAN, its robust architecture ensures a unified smart living experience.
Founded in 2012 by Andrew Brooks, Jeff Hagins, and Alex Hawkinson, SmartThings addressed the fragmented smart home market. Their insight focused on creating a centralized system for seamless communication among disparate connected devices, simplifying the complex home automation experience.
SmartThings serves millions of customers with a wide range of connected devices, including Samsung’s product line, and supports developers. The company’s vision aims to foster an integrated and impactful future, enriching daily life through intelligent, cohesive smart living solutions for a seamless connected world.
SmartThings is a smart home automation platform that enables users to monitor, control, and automate connected devices through a single mobile app, serving homeowners and consumers seeking efficient, secure "connected living."[2][4][5] Acquired by Samsung in 2014, it has evolved from a startup hub-and-app solution into a massive IoT ecosystem supporting hundreds of device brands, solving problems like remote home monitoring, energy management, and routine automation—originally inspired by a family home damaged by a power outage.[1][4] With over 350 million subscribers as of 2023 and 62 million active users noted earlier, it demonstrates strong growth momentum, expanding AI capabilities and interoperability standards like Matter to drive mass adoption in the smart home market.[2][4]
SmartThings was founded in 2012 by Alex Hawkinson after his family's Colorado home suffered extensive damage from a 2011 power outage, sparking the idea for a system to monitor and react to home conditions in real-time.[1][4] Hawkinson, along with co-founders, prototyped a hub that launched a record-breaking Kickstarter campaign in September 2012, raising $1.2 million from 5,700 backers—the second-largest smart home crowdfunding project at the time.[1][4] Early traction included product sales on their website in August 2013 and Amazon in September 2013, bolstered by hires like former Etsy CEO Maria Thomas as Chief Consumer Officer.[1] A pivotal moment came in August 2014 when Samsung acquired the company for an undisclosed amount (after raising $16.71M from investors like Greylock Partners and First Round Capital), relocating headquarters to Mountain View (later Palo Alto), California, and integrating it into Samsung's Open Innovation Center while keeping it independent under Hawkinson.[3][5]
SmartThings rides the IoT and smart home wave, capitalizing on rising demand for connected devices amid trends like AI personalization and energy efficiency in a post-pandemic world of remote living.[2][4] Its 2014 Samsung acquisition timed perfectly with exploding consumer interest in home automation, amplified by voice assistants and 5G, positioning it as a leader against fragmented competitors.[3] Market forces like Matter's standardization favor its open ecosystem, reducing silos and enabling partnerships that influence industry norms—e.g., integrating non-Samsung brands to push toward unified "connected living" for billions of devices.[4] By scaling Samsung's hardware with third-party compatibility, it accelerates ecosystem-wide adoption, setting benchmarks for security and scalability in the $150B+ smart home market.[2]
SmartThings is poised to dominate as the central hub for intelligent homes, with AI enhancements and Matter expansion driving further user growth beyond 350 million.[2][4] Trends like edge AI, sustainable energy management, and B2B IoT applications will shape its path, potentially integrating deeper with Samsung's ecosystem amid rising privacy demands. Its influence may evolve from consumer platform to enterprise backbone, influencing standards and partnerships—cementing its role as the backbone of everyday smart living that began with one family's outage-turned-innovation.[4]
Key people at SmartThings.
SmartThings was founded in 2012 by Jeff Hagins (Founder & CTO).
SmartThings has raised $16.0M in total across 2 funding rounds.
SmartThings's investors include Josh Elman, Manish Patel, BoxGroup, CrunchFund, Ensemble VC, General Catalyst, Long Journey Ventures, One Way Ventures, Slow Ventures, The House Fund, Tribe Capital, UpHonest Capital.
SmartThings has raised $16.0M across 2 funding rounds. Most recently, it raised $13.0M Series A in November 2013.