Valuation · 2016
$5.5M
2024 Revenue
$15.6M(Est.)
Funding
$116.7M
Team · 2023
38
Founded
2014
Dwelo Revenue, Valuation & Funding (2024)
Dwelo generated an estimated $15.6M in annual revenue in 2024. Source: GetLatka estimate
Developer of an open smart home platform intended to simplify home automation for apartments. The company's cloud-based platform connects with unit devices like lights, locks, thermostats, appliances and digital assistants through the internet in order to streamline remote control and operations through digital credentials, enabling apartment owners and dwellers to control smart devices and increase the safety and convenience of their apartment.
Last updated
Dwelo Revenue
Dwelo generated an estimated $15.6M in annual revenue in 2024. GetLatka previously estimated $3M in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Dwelo Hit $15.6m revenue in November 2024 | Estimated |
| 2023 | Dwelo Hit $3m revenue in December 2023 | Estimated |
| 2021 | Dwelo Hit $3.4m revenue in April 2021 | Not recorded |
Dwelo Valuation, Funding Rounds
Dwelo reached a $5.5M valuation in 2016, set during its Seed round.
Dwelo has raised $116.7M in total funding across 6 rounds, most recently a $100M Series C round in 2021.
| Year | Round | Amount | Valuation | Source |
|---|---|---|---|---|
| 2021 | Series C | $100M | - | Not recorded |
| 2019 | Venture | $4.8M | - | Not recorded |
| 2018 | Venture | $2.3M | - | Not recorded |
| 2017 | Venture | $4.9M | - | Not recorded |
| 2016 | Seed | $2.9M | $5.5M | Not recorded |
| 2016 | Seed | $1.8M | - | Not recorded |
Founder / CEO
Michael Rovito
CEO
Mike Rovito is CEO of Dwelo, a leading provider of smart apartment solutions. As CEO, Mike oversees all aspects of the business, including engineering, sales, and operations. Dwelo now services nearly every major market west of Chicago, turning ordinary apartments into smart apartments with their proprietary software and service platform. Prior to Dwelo, Mike led efficiency program policy efforts at ERS, a boutique consulting firm that services utilities and state governments in their efforts to promote energy-saving technology in the built environment. Mike has a systems engineering degree from the University of Pennsylvania.
Dwelo Leadership Team & Contacts
Michael Rovito is the CEO of Dwelo. GetLatka tracks 1 person at Dwelo (1 founder, 1 executive), with job titles, tenure and LinkedIn profiles.
| Name | Title | Position | Location | Start | End | ||
|---|---|---|---|---|---|---|---|
| Michael Rovito | CEO | Founder, CEO | - | Sign up to view | - | - |
How to contact Dwelo
- Headquarters
- Redwood City, California, United States
- Website
- dwelo.com
Verified work emails for the Dwelo people listed above are available to GetLatka members; public listings show a masked address only. Listed here and want your details removed? Request removal.
Dwelo Competitors & Alternatives
The closest alternatives to Dwelo are FleetUp, Raven Connected and Robust.AI. Dwelo generates $15.6M in revenue with 38 employees. Every one of the 20 alternatives below is compared with Dwelo on revenue, funding, customers, team size and founding year.
Dwelo vs its top alternatives
Dwelo is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.
| Company |  DweloThis company |  FleetUp |  Raven Connected |  Robust.AI | Raven Connected |  EIVA a/s |  Cenosco |  Senet | Senet |  Ground Control |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.6M | $15.4M | $15.4M | $15.4M | $15.4M | $15.8M | $15.3M | $16M | $16M | $15.2M |
| Valuation | $5.5M | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Funding raised | $116.7M | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | $44.8M | $44.8M | Not disclosed |
| Team size | 38 | 62 | 35 | 66 | 35 | 144 | 139 | 29 | 29 | 138 |
| Founded | 2014 | 2013 | 2015 | 2019 | 2015 | Not disclosed | 2000 | 2009 | 2009 | 2002 |
| HQ | Redwood City, United States | United States | Canada | United States | Canada | Denmark | Netherlands | United States | United States | United Kingdom |
Top IoT Platforms companies similar to Dwelo
1. FleetUp
United States · IoT Platforms
Developer of a fleet management tool designed to provide service and distribution companies with unprecedented insight into their operations. The company's tool monitors all…
- Revenue
- $15.4M
- Team size
- 62
- Founded
- 2013
2. Raven Connected
Canada · IoT Platforms
Raven Connected provides vehicle tracking and driver monitoring system services, offering secure, AI-augmented video telematics with end-to-end ownership and control of the entire…
- Revenue
- $15.4M
- Team size
- 35
- Founded
- 2015
3. Robust.AI
United States · IoT Platforms
Robust.AI combines AI, robotics, and human-centered design to make robots that help manufacturing and warehouse facilities increase production and support dynamic workflows for…
- Revenue
- $15.4M
- Team size
- 66
- Founded
- 2019
4. Raven Connected
Canada · IoT Platforms
Raven Connected provides vehicle tracking and driver monitoring system services, offering secure, AI-augmented video telematics with end-to-end ownership and control of the entire…
- Revenue
- $15.4M
- Team size
- 35
- Founded
- 2015
5. EIVA a/s
Denmark · IoT Platforms
Developer and provider of software, equipment and integrated system solutions supporting the maritime industries.
- Revenue
- $15.8M
- Team size
- 144
6. Cenosco
Netherlands · IoT Platforms
Cenosco delivers solutions for asset integrity that gives you full control over all integrity and reliability related risks, while boosting your asset productivity and lifecycle…
- Revenue
- $15.3M
- Team size
- 139
- Founded
- 2000
7. Senet
United States · IoT Platforms
Senet offers a low cost, long distance sensor network, and high-value SaaS applications on a subscription .
- Revenue
- $16M
- Funding
- $44.8M
- Team size
- 29
- Founded
- 2009
8. Senet
United States · IoT Platforms
Senet offers a low cost, long distance sensor network, and high-value SaaS applications on a subscription .
- Revenue
- $16M
- Funding
- $44.8M
- Team size
- 29
- Founded
- 2009
9. Ground Control
United Kingdom · IoT Platforms
Bringing together three internationally respected connectivity brands - UK-based Wireless Innovation and Rock Seven, US-based Ground Control - Ground Control Technologies is a…
- Revenue
- $15.2M
- Team size
- 138
- Founded
- 2002
10. Ground Control
United Kingdom · IoT Platforms
Bringing together three internationally respected connectivity brands - UK-based Wireless Innovation and Rock Seven, US-based Ground Control - Ground Control Technologies is a…
- Revenue
- $15.2M
- Team size
- 138
- Founded
- 2002
11. Advantix Solutions Group
United States · IoT Platforms
A managed connectivity experience provider specializing in wireless enablement for enterprises, providing cellular connectivity solutions supported with proprietary SaaS tools
- Revenue
- $16.1M
- Team size
- 107
- Founded
- 2001
12. RYSE SmartShade
United States · IoT Platforms
RYSE is an IoT company that develops smart shade solutions, creating devices to motorize window blinds, shades & curtains, controllable via smartphone, schedules, voice, or…
- Revenue
- $16.1M
- Team size
- 72
13. RYSE SmartShade
United States · IoT Platforms
RYSE is an IoT company that develops smart shade solutions, creating devices to motorize window blinds, shades & curtains, controllable via smartphone, schedules, voice, or…
- Revenue
- $16.1M
- Team size
- 72
14. Mapon
United States · IoT Platforms
Mapon is one of the leading fleet management and asset tracking solution providers in Northern Europe. We develop professional solutions to meet our clients' and partners'…
- Revenue
- $16.2M
- Team size
- 147
- Founded
- 2006
15. Mapon
United States · IoT Platforms
Mapon is one of the leading fleet management and asset tracking solution providers in Northern Europe. We develop professional solutions to meet our clients' and partners'…
- Revenue
- $16.2M
- Team size
- 147
- Founded
- 2006
16. Implicity
France · IoT Platforms
Implicity developed a universal remote monitoring platform for cardiac patients with connected pacemakers and implantable defibrillators.
- Revenue
- $15M
- Funding
- $4.5M
- Customers
- 60
- Team size
- 31
- Founded
- 2016
17. LockState
United States · IoT Platforms
Provider of connected access control systems for commercial and residential markets designed to control access to any door. The company's systems offers Wifi enabled remote lock…
- Revenue
- $15M
- Funding
- $25.3M
- Team size
- 76
- Founded
- 2004
18. Green Power Labs
Canada · IoT Platforms
Green Power Labs is a predictive energy management technology, SaaS developer, and service provider.
- Revenue
- $15M
- Funding
- $7.4M
- Team size
- 4
- Founded
- 2004
19. FRACTTAL
Spain · IoT Platforms
Provider of a cloud-based enterprise asset management software intended to manage the maintenance of business assets. The company's asset management software monitors the…
- Revenue
- $15M
- Team size
- 190
- Founded
- 2015
20. Tenna
United States · IoT Platforms
Developer of an industrial Internet of Things (IIoT) technology platform designed to simplify digitizing, tracking and managing of physical assets and the processes that impact…
- Revenue
- $15M
- Team size
- 124
- Founded
- 2015
Dwelo vs the IoT Platforms market
Dwelo ranks #80 of 701 IoT Platforms companies by annual revenue, putting it in the top 11% of the market.
- Companies tracked
- 701
- Median revenue
- $2.3M
- Median funding
- $6.2M
- Median team size
- 19
Dwelo Employees & Team Size
Dwelo employs approximately 38 people as of 2023, down from 47 in 2022, including 5 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 38 employees (December 2023) | |
| 2022 | Reached 47 employees (December 2022) | |
| 2021 | Reached 52 employees (December 2021) | |
| 2021 | Reached 67 employees (April 2021) | Not recorded |
Frequently Asked Questions about Dwelo
What is Dwelo's revenue?
As of 2024, Dwelo generated an estimated $15.6M in annual revenue.
What is Dwelo's valuation?
As of 2016, Dwelo was valued at $5.5M.
Who founded Dwelo?
Dwelo was founded by Michael Rovito.
When was Dwelo founded?
Dwelo was founded in 2014.
Who is the CEO of Dwelo?
The CEO of Dwelo is Michael Rovito.
How much funding does Dwelo have?
Dwelo raised $116.7M across 6 rounds.
How many employees does Dwelo have?
As of 2023, Dwelo had 38 employees.
Where is Dwelo headquartered?
Dwelo is headquartered in Redwood City, California, United States.
How do I contact Dwelo?
You can reach Dwelo through its website at dwelo.com. GetLatka members can also view verified work emails for the people listed on this page.
What companies are similar to Dwelo?
The closest alternatives to Dwelo are FleetUp, Raven Connected and Robust.AI, all active in IoT Platforms. The profile compares each of them with Dwelo on revenue, funding, customers and team size.
What is the best alternative to Dwelo?
FleetUp is the closest alternative to Dwelo, generating $15.4M in revenue. Which alternative fits best depends on budget and company size, so compare all 20 alternatives before choosing.
Is Dwelo bigger than FleetUp?
Yes. Dwelo generates $15.6M in revenue versus $15.4M at FleetUp.
Compare Dwelo to the industry
Dwelo operates across multiple industries. Browse revenue, funding, and growth data for Dwelo in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
AmpUp
We make EV charging as simple and reliable as LED lights
WakeCap Technologies
Provider of an enterprise technology intended to improve safety and productivity on construction...
Inbolt
Inbolt is the pioneer of real-time robot guidance solutions, using AI-powered 3D vision to help...
First Due
Developer of an online data sending platform designed to protect the lives of firefighters. The...
WINGS ICT Solutions
WINGS is an SME that focuses on the development of solutions (software and hardware) for various...
Kontakt.io
Kontakt.io Inc. is the global leader in Bluetooth LE IoT devices and indoor location solutions that...
