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How Switchee CEO Adam Fudakowski grew Switchee to $11.6M revenue with a 76 person team in 2023.

Switchee is on a mission to make housing better for everyone. Positioned as a socially conscious technology innovator, Switchee is dedicated to finding elegant solutions to housing issues. By developing and supplying connected devices and analytics for landlords and their residents, Switchee aims to empower landlords to create exceptional homes, focusing on enhancing comfort, affordability, security, and safety for residents. In 2015, Switchee launched its first product, a smart thermostat, tailored as an enterprise solution for the housing sector. Before embarking on the design of this product, the Switchee team engaged in comprehensive research. They conducted expert interviews with senior housing professionals from various sectors, including Local Authorities, Housing Associations, contractors, and consultants. The aim was to gain an in-depth understanding of the challenges these professionals encountered in promoting the health and wellbeing of residents and in maintaining large, complex housing portfolios. Since its introduction to the market, Switchee's smart thermostat has experienced rapid adoption among some of the U.K.'s largest landlords, with notable first commercial rollouts in Peabody and Flagship beginning in 2017. To date, more than 45 social landlords have installed over 5,000 Switchee thermostats in housing association and local authority homes across the country. This widespread adoption signals a strong endorsement of Switchee's innovative approach to improving the standard of living through technology.

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Switchee Revenue

In 2023, Switchee's revenue reached $11.6M. Since its launch in 2015, Switchee has shown consistent revenue growth.

Switchee Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M201520162017201820192020202120222023$0$12MSource: GetLatka.com
YearMilestone
2023Switchee Hit $11.6m revenue in December 2023
2015Launched with $0 revenue

Switchee Valuation, Funding Rounds

Switchee is a bootstrapped IoT Device Management Platforms startup. Founded in 2015, Switchee has grown to $11.6M in revenue without raising any venture capital or outside funding.

As a self-funded IoT Device Management Platforms SaaS company, Switchee has built its business with no outside investment.

Switchee Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120152015 cumulative: $0 • 2015 Founded: $02015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Switchee Employees & Team Size

Switchee employs approximately 76 people as of 2026, up from 41 in 2022.

Switchee has 76 total employees in different roles and functions.

Switchee Team GrowthReported headcount over time0204060802015201620172018201920202021202220230041417676Source: GetLatka.com
YearMilestone
2023Reached 76 employees (December 2023)
2022Reached 41 employees (December 2022)

Founder / CEO

Adam Fudakowski

Adam Fudakowski is listed as Founder / CEO at Switchee.

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Customers

We do not have customer count information for Switchee yet.

Frequently Asked Questions about Switchee

What is Switchee's revenue?

Switchee generates $11.6M in revenue.

Who founded Switchee?

Switchee was founded by Adam Fudakowski.

Who is the CEO of Switchee?

The CEO of Switchee is Adam Fudakowski.

How much funding does Switchee have?

Switchee raised $0.

How many employees does Switchee have?

Switchee has 76 employees.

Where is Switchee headquarters?

Switchee is headquartered in London, United Kingdom.

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Compare Switchee to the industry

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