SmartThings
Mountain View, California, United States
2021 Revenue
$12M
Funding
$18.5M
Team
242
Founded
2012
SmartThings Revenue & Funding (2021)
SmartThings generated $12M in revenue 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.
| Year | Milestone | Source |
|---|---|---|
| 2021 | SmartThings Hit $12m revenue in April 2021 | Not recorded |
| 2012 | Launched with $0 revenue |
SmartThings Valuation, Funding Rounds
SmartThings has not publicly disclosed its valuation. The company has raised $18.5M in total funding to date.
SmartThings has raised $18.5M in total funding across 3 rounds, with its most recent round in 2013.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2013 | Funding round | $12.5M | - | - | Not recorded |
| 2012 | Funding round | $3M | - | - | Not recorded |
| 2012 | Funding round | $3M | - | - | Not recorded |
Founder / CEO
Ki Nam Kim
CEO
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.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 242 employees (April 2021) | Not recorded |
Frequently Asked Questions about SmartThings
Who owns SmartThings?
SmartThings is owned by Samsung Electronics, which acquired it.
What is SmartThings's revenue?
As of 2021, SmartThings generated $12M in revenue.
Who founded SmartThings?
SmartThings was founded by Ki Nam Kim.
When was SmartThings founded?
SmartThings was founded in 2012.
How much funding does SmartThings have?
SmartThings raised $18.5M across 3 rounds.
How many employees does SmartThings have?
As of 2021, SmartThings had 242 employees.
Where is SmartThings headquartered?
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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