Cointime

IOTAS

company

About

Creating Ready-to-Use Smart Apartments for the Multifamily Real Estate Industry

  • 11 - 50

Highlights

Total Funding Amount
$1.90M
Funding Rounds
3
Investors
1

Details

Last Funding Type
Grant
Last Funding Money Raised
$179.99K
Industries
Computer,Internet of Things,Software
Founded date
Mar 31, 2014
Number Of Employee
11 - 50
Operating Status
Active

IOTAS is a Portland, Ore.-based developer of a premier smart home technology platform that delivers a fully-connected, smart home experience for residents and property managers that integrates IoT technology directly into multifamily units. IOTAS enables property developers to quickly install numerous smart devices by streamlining the set-up and deployment process. With this premium offering, building owners and operators attract new tenants at premium rents, while lowering utility and management costs. Residents have smart home technology as they move in that is managed from one app, voice control, and automation.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$1.90M
IOTAS has raised a total of $1.90M in funding over 2 rounds. Their latest funding was raised on Apr 6, 2017 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 6, 2017 Grant $727.64K 1 National Science Foundation — Detail
Dec 4, 2015 Grant $179.99K 1 National Science Foundation — Detail
Jun 16, 2015 Seed $1M 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
2
1
IOTAS is funded by 1 investors. National Science Foundation are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant
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