Wyze Labs

Wyze Labs

Wyze Labs is on a mission to make smart home technology accessible to everyone. Learn more
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DateInvestorsAmountRound
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N/A

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N/A

Seed

$20.0m

Series A
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$10.0m

Series A

$5.0m

Valuation: $50.0m

Series A

$110m

Series B
Total FundingCAD198m

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Wyze is a consumer technology company that operates in the smart home market. The company offers a wide range of affordable smart home products, including security cameras, lighting, routers, and wellness devices. Wyze's primary customers are homeowners and renters looking to enhance their home's security and convenience through smart technology.

The company's business model is centered around selling hardware devices directly to consumers through its website. These devices range from security cameras like the Wyze Cam OG and Wyze Battery Cam Pro, which offer high-definition video and easy installation, to smart lighting solutions like the Wyze Bulb Color and Wyze Cam Floodlight Pro. Wyze also offers health and lifestyle products, as well as home monitoring services, adding to its comprehensive smart home ecosystem.

In addition to selling hardware, Wyze also generates revenue through its home monitoring services, which provide added security and peace of mind for customers. The company frequently offers deals and discounts, such as their Cyber Monday sale, which can save customers up to 50% on select products.

In summary, Wyze operates in the smart home market, serving customers who desire a more secure and convenient living environment. The company makes money by selling smart home devices and offering home monitoring services.

Keywords: Smart Home, Security Cameras, Lighting, Routers, Wellness Devices, Home Monitoring Services, Direct-to-Consumer, Affordable, Deals, Home Security.

Tech stack

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