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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 SmartThings 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.

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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 by year$0$3M$6M$9M$12M$15M201220142016201820202021$0$12MSource: GetLatka.com
YearMilestone
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$20M201220132012 cumulative: $3M • 2012 Funding round: $3M2012 cumulative: $6M • 2012 Funding round: $3M • 2012 Funding round: $3M2013 cumulative: $19M • 2012 Funding round: $3M • 2012 Funding round: $3M • 2013 Funding round: $13M$19MSource: GetLatka.com
YearRoundAmountValuation% Sold
2013Funding round$12.5M--
2012Funding round$3M--
2012Funding round$3M--

SmartThings Employees & Team Size

SmartThings employs approximately 242 people as of 2026.

SmartThings has 242 total employees in different roles and functions and 1 sales reps that carry a quota. They have 52M customers that rely on the company's solutions.

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

Founder / CEO

Ki Nam Kim

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

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Customers

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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.

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Compare SmartThings to the industry

SmartThings operates across multiple industries. Browse revenue, funding, and growth data for SmartThings in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .