Dwelo
Redwood City, California, United States
How Dwelo hit $3M revenue with a 38 person team in 2023.
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.
2014
Founded
$3M
2023 Revenue
-6.2%
YOY
$116.7M
Funding
Dwelo Revenue
In 2023, Dwelo revenue run rate hit $3M in revenue.
-
2023
Dwelo hit $3M in revenue in 2023
-
2021
Dwelo hit $3.4M in revenue in 2021
-
2014
Dwelo launched in 2014 with $0 revenue
Dwelo Funding History
-
2021 Series C
Dwelo raised a Series C of in November, 2021
-
2019 Venture Round
Dwelo raised a Venture Round of in November, 2019
-
2018 Venture Round
Dwelo raised a Venture Round of in December, 2018
-
2017 Venture Round
Dwelo raised a Venture Round of in January, 2017
-
2016 Seed Round
Dwelo raised a Seed Round of in November, 2016
-
2016 Seed Round
Dwelo raised a Seed Round of in February, 2016
-
2015 Convertible Note
Dwelo raised a Convertible Note of in March, 2015
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| November, 10 2021 | Series C | ||
| November, 04 2019 | Venture Round | ||
| December, 10 2018 | Venture Round | ||
| January, 02 2017 | Venture Round | ||
| November, 07 2016 | Seed Round | ||
| February, 01 2016 | Seed Round | ||
| March, 20 2015 | Convertible Note |
Team
Dwelo has 38 total employees and 5 sales reps that carry a quota. an engineering team of 12 and a marketing team of 2.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 38 |
| Engineer | 12 (32%) |
| Sales | 5 (13%) |
| Marketing | 2 (5%) |
Founder / CEO
Michael Rovito
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.
Q&A
-
What's your age?
-
-
Favorite online tool?
-
-
Favorite book?
-
-
Favorite CEO?
-
-
Advice for 20 year old self
-
Customers
Churn
Dwelo Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Michael Rovito | CEO | - | - |
Dwelo Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Michael Rovito | CEO | - | - |
Frequently Asked Questions about Dwelo
-
When was Dwelo founded?
Dwelo was founded in 2014.
-
How much revenue does Dwelo generate?
Dwelo generates $3M in revenue.
-
Who is the CEO of Dwelo
The CEO of Dwelo is Michael Rovito.
-
How much funding does Dwelo have?
Dwelo raised $116.7M.
-
How many employees does Dwelo have?
Dwelo has 38 employees.
-
Where is Dwelo headquarters?
Dwelo is headquartered at Redwood City, California, United States
People Also Viewed
ENACT SYSTEMS INC
Software Platform for Solar and Storage, Software Platform for Solar & Storage
Pinpo
Developer of an online platform designed to match tenants and real estate agents. The company's matching application saves automatically all contacts received by email, provides ads, no manual entry is required and engages all contacts within 5 minutes of request, enabling tenants and real estate agents to meet with each other easily and conveniently.
KITE
KITE SRM - startup relationship management is designed specifically for enterprises, consultants and accelerators who need powerful tools to manage increasing numbers of startup interactions and navigate the complex, constantly changing startup landscape. The company's customers trust KITE to super-charge their startup management and discovery process. KITE works with leading innovators including Comcast NBCUniversal, Estee Lauder Companies Online, PMI, Unilever, and Visa. KITE makes it easy to track startup relationships and access industry experts so any business can stay current on the startup ecosystem. KITE was founded in 2013 to address the fundamental disconnect between startups and enterprises. Innovation-hungry corporations were having trouble navigating the vast startup ecosystem.
Give and Take
Developer of software designed to help organizations build a culture of generosity at work, leading to better employee engagement and productivity. The company's software application applies the concepts of generalized reciprocity to enterprises in an accessible, scalable way, in order to improve knowledge sharing, boost social capital, foster a giving culture, drive better business outcomes and capture organizational memory, enabling businesses to increase employee efficiency, productivity, retention, and engagement
DataChat
Developer of an enterprise search chat bot designed to synthesize data from multiple sources on demand. The company's platform simplifies the enterprise search process by removing the need for coding skills, enabling business professionals to access multiple data sources via a customizable chatbot.
Rova
Rova is an enterprise software as a service, business strategy performance and attribution platform and bus dev tool for agencies