Dwelorevenue, valuation & funding
IoT PlatformsRedwood City, CaliforniaFounded 2014CEO Michael Rovito
Dwelo is an IoT Platforms company based in Redwood City, founded in 2014.
Dwelo revenue
Dwelo has not published its revenue. ZoomInfo puts it at about $15.6M a year (November 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $3.4M | – |
| Dec 2023 | $3MEST. | GetLatka estimate |
| Nov 2024 | $15.6MEST. | ZoomInfo estimate |
– source not recorded
Dwelo valuation
Dwelo is privately held, so there is no Dwelo stock to buy. Investors valued it at $5.5M in its November 2016 Seed round.
Dwelo funding rounds & investors
Dwelo has raised $116.7M across six rounds since 2016. The latest was a $100M Series C in November 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Nov 2021 | Series C | $100M | – |
| Nov 2019 | Venture | $4.8M | – |
| Dec 2018 | Venture | $2.3M | – |
| Jan 2017 | Venture | $4.9M | – |
| Nov 2016 | Seed | $2.9M | $5.5M |
| Feb 2016 | Seed | $1.8M | – |
| Total raised | $116.7M |
Dwelo CEO, founders & employees
Michael Rovito founded Dwelo in 2014 and runs it as CEO. Dwelo had 38 employees (December 2023, LinkedIn), down from 47 a year earlier.
- Michael RovitoFounder & CEO
All 4 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2023 | 38 | |
| Dec 2022 | 47 | |
| Dec 2021 | 52 | |
| Apr 2021 | 67 | – |
Dwelo FAQ
What is Dwelo's revenue?
ZoomInfo estimates Dwelo's revenue at about $15.6M a year (November 2024). The company hasn't published its own figure.
What is Dwelo's valuation?
Investors valued Dwelo at $5.5M in its November 2016 Seed round.
How much funding has Dwelo raised?
Dwelo has raised $116.7M across six funding rounds. The latest was a $100M Series C in November 2021.
Is Dwelo publicly traded?
No. Dwelo is a private company, so its shares aren't traded on a stock exchange.
How many employees does Dwelo have?
Dwelo had 38 employees in December 2023, according to LinkedIn.
Who is the CEO of Dwelo?
Michael Rovito is the CEO of Dwelo and founded the company in 2014.
Who founded Dwelo?
Michael Rovito founded Dwelo in 2014.
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How this page is sourced
3 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 10, 2026Data disclaimerReport a correctionClaim this profileRun Dwelo? Join the podcast