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Valuation

$36.1M

2021 Revenue

$12M

Customers

52M

Funding

$18.5M

Avg ACV

$0

Team

242

Founded

2012

How SmartThings CEO Ki Nam Kim grew to $12M revenue and 52M customers in 2021.

Provider of a platform that enables customers to install connected devices and control them through a single mobile application. The company provides a kit that allows everyday objects, such as light switches and door locks, to be controlled through a smartphone application.

Last updated

SmartThings Revenue

In 2021, SmartThings's revenue reached $12M. Since its launch in 2012, SmartThings has shown consistent revenue growth.

SmartThings Revenue GrowthReported revenue / ARR over time$0$3M$6M$9M$12M$15M201220142016201820202021$0$12MSource: GetLatka.com
YearMilestoneQuote
2021SmartThings Hit $12m revenue in April 2021
2012Launched with $0 revenue

SmartThings Valuation, Funding Rounds

SmartThings's most recent disclosed valuation is $36.1M.

SmartThings has raised $18.5M in total funding across 3 rounds, with its most recent round in 2013.

SmartThings Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$4M$8M$12M$16M$20M20122013$19MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2013Funding round$12.5M--
2012Funding round$3M--
2012Funding round$3M--

Founder / CEO

Ki Nam Kim

Ki Nam Kim is listed as Founder / CEO at SmartThings.

Q&A

QuestionAnswer
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Customers

SmartThings serves 52M customers.

SmartThings Employees & Team Size

SmartThings employs approximately 242 people as of 2026, including 1 sales reps that carry a quota. It serves 52M customers that rely on its solutions.

SmartThings Team GrowthReported headcount over time06012018024030020122014201620182020202100242242Source: GetLatka.com
YearMilestone
2021Reached 242 employees (April 2021)

Frequently Asked Questions about SmartThings

What is SmartThings's revenue?

SmartThings generates $12M in revenue.

Who founded SmartThings?

SmartThings was founded by Ki Nam Kim.

Who is the CEO of SmartThings?

The CEO of SmartThings is Ki Nam Kim.

How much funding does SmartThings have?

SmartThings raised $18.5M.

How many employees does SmartThings have?

SmartThings has 242 employees.

Where is SmartThings headquarters?

SmartThings is headquartered in Mountain View, California, United States.

Compare SmartThings to the industry

SmartThings operates across multiple industries. Browse revenue, funding, and growth data for SmartThings 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.

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