SwitchBee
Smart Home Systems
StartupSwitchBee is a Netanya-based startup in the Energy Tech sector, established in 2013. Smart Home Systems. The company has raised a total of $2.5M across 1 funding round, currently at the Mature stage. SwitchBee was founded by Amichay Ziv and Eyal Isman. Key investors include iStartup Angels Group. The company has 1-10 employees. Core technologies: Platforms & Interfaces, Mobile, Communications, IOT.
With $2.5M in total funding, SwitchBee is a Mature-stage company operating in Energy Tech. The company follows a B2C/B2B business model. Product stage: Released. The company holds 1 patent.
- StageMature
- ProductReleased
- ModelB2C, B2B
- Employees1-10
- HQNetanya
- DistrictCenter District
- Last Round$2.5M
- iStartup Angels Group
Amichay ZivCo-founder & CEO
Eyal IsmanCo-founder (No longer with the company)
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What does SwitchBee do?
SwitchBee is a centralized platform that enables control over a range of devices such as switches and sockets. It utilizes cloud technology and a secure server for operations. By installing SwitchBee's smart module, any switch can be transformed into a smart switch within a few minutes. The module is easily connected to the switch using provided wires and basic assembly instructions. The central system is connected to the home Internet and communicates with the smart units via radio frequency transmission. Through the SwitchBee app, commands are sent from a mobile phone to the central unit either through Wi-Fi or cellular network (LTE/3G), depending on the phone's location.
How much funding has SwitchBee raised?
SwitchBee has raised $2.5M in total funding across 1 rounds. The company is currently at the Mature stage. Key investors include iStartup Angels Group.
Who founded SwitchBee?
SwitchBee was founded in 2013 by Amichay Ziv (Co-founder & CEO), Eyal Isman (Co-founder (No longer with the company)).
What sector is SwitchBee in?
SwitchBee operates in Energy Tech, Energy Consumption & Efficiency, Climate Tech, Energy Transition, Eco-Efficient Energy Usage, Industrial Technologies, Microelectronics & Photonics Solutions, with core technologies in Platforms & Interfaces, Mobile, Communications, IOT. Target customers: Real Estate & Construction, Management, Residential, Commercial, Consumers, Financial & Real Estate, Tenants & Landlords.
Where is SwitchBee located?
SwitchBee is based in HaMelacha 2, Netanya, Israel, Center District.