Canary

company

About

Canary is a NYC-based subsidiary of Smartfrog Group the original consumer IoT SaaS pioneer with IoT users in over 180 countries.

  • 101 - 250

Details

Last Funding Type
Series C
Last Funding Money Raised
$31M
Industries
Cloud Computing,Consumer,Consumer Applications,Elder Care,Elderly,Internet,Internet of Things,SaaS,Software
Founded date
Jan 1, 2012
Number Of Employee
101 - 250
Operating Status
Active

Canary is a Consumer IoT SaaS business and an IoT category leader with IoT users in over 180 countries. The company's mission is to enhance consumers' lives by making modern technologies useful, easy, affordable and safe - IoT for everyone. The company offers DIY smart home security and monitoring SaaS subscription bundles that include 24/7 watch live video, AI driven motion alerts, video history and many more advanced features. All bundles also include FREE device from the company's award-winning designed HD wi-fi enabled cameras, for indoor & outdoor, both battery powered & wired. The subscribers can choose depending on their individual needs a subscription with a basic camera or an all-in-one device with sensors such as air quality monitoring and a siren. The subscription plans are available as prepaid or auto-renewed monthly, 1 & 2 year plans. Founded in 2012, the company was acquired by its peer Smartfrog in 2018. The two businesses were then merged into Smartfrog & Canary Holdings, headquartered in NYC. The group's full-stack platform and value chain is end-to-end controlled and protected by over 100 patents. The platform enables data-driven businesses, offering SaaS solutions across product areas, supporting people from infancy to seniority, accompanying them through their whole life. Starting with Smart Home Security, the business is gradually scaling to new verticals such as Smart Locks & Access, Last Mile In-Home Delivery, Baby & Child Care, Pet Care, Elder- and Healthcare. The group grows both organically and through mergers and acquisitions.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$31M
Canary has raised a total of $31M in funding over 2 rounds. Their latest funding was raised on Nov 23, 2016 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 23, 2016 Series C $31M 1 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Canary has made 1 investments. Their most recent investment was on Nov 1, 2014, when October raised €8M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 1, 2014 October
Seed €8M Consumer Lending

Investors

Number of Lead Investors
Number of Investors
1
Canary is funded by 1 investors. Colle Capital Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Colle Capital Partners Series C