Wyze

Wyze

On a mission to make smart home technology accessible to everyone

Founded 2017

Kirkland, United States 219 employees Series B Total: $155.00M Consumer Electronics, Hardware +1

Wyze is a United States-based startup in the Consumer Electronics industry, founded in 2017. The company is driven by the mission to democratize smart home technology, as reflected in its slogan "On a mission to make smart home technology accessible to everyone." The company's founding members, who previously worked at Amazon, have instilled Amazon's core principles in Wyze's DNA. They aim to be the most customer-centric technology company, offering high-quality products at great prices. Wyze's flagship product, Wyze Cam, was born out of the co-founder's struggle to find an affordable and reliable smart home camera. This led to the realization that established brands were overpriced while cheaper alternatives were unreliable. This experience fueled the mission of Wyze to provide consumers with better options. Having received a $110.00M Series B investment on 30 July 2021, with participation from Marcy Venture Partners and American Family Ventures, Wyze is on a trajectory for growth. The company's vision extends beyond Wyze Cam, aiming to launch a range of high-quality, affordable tech products that enhance people's lives and ensure accessibility to great technology for all. As Wyze continues to expand its product line and presence in the market, it is positioned to be a disruptive force in the consumer electronics and smart home technology space by offering innovative yet affordable solutions to a broad customer base.

Funding Stage	Amount	Investors	Lead Investors	Date
Series B	$110.00M	2	Marcy Venture Partners, American Family Ventures	30 Jul 2021
Series A	$15.00M	4	Marcy Venture Partners, Norwest Venture Partners +2	29 Jul 2020
Series A	$10.00M	2	Norwest Venture Partners, American Family Ventures	27 May 2020
Series A	$20.00M	1	Norwest Venture Partners	04 Jan 2019
Seed Round	Undisclosed	1	iSeed Ventures	11 Aug 2017

Funding Stage

Amount

Investors

Lead Investors

Date

Series B

$110.00M

Marcy Venture Partners, American Family Ventures

30 Jul 2021

Series A

$15.00M

Marcy Venture Partners, Norwest Venture Partners +2

29 Jul 2020

Series A

$10.00M

Norwest Venture Partners, American Family Ventures

27 May 2020

Series A

$20.00M

Norwest Venture Partners

04 Jan 2019

Seed Round

Undisclosed

iSeed Ventures

11 Aug 2017

FAQ About Wyze

On a mission to make smart home technology accessible to everyone

Wyze was founded in 2017.

Wyze is headquartered in Kirkland, United States.

Wyze operates in Consumer Electronics, Hardware and Autonomous and Sensor Tech. Its work centres on Smart home technology, Affordable products, Tech startup and Customer-centric.

Wyze has approximately 219 employees.

Wyze has completed 5 funding rounds, raising a total of $155.00M. The latest funding stage is Series B.

Top alternatives and competitors to Wyze include SmashToast, Inc., Moona, Sevenhugs, Dropcam, SmartFoam. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Wyze and SmashToast, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (5)

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FAQ About Wyze