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August Home

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August Smart Locks and Wifi Doorbell Camera

San Francisco, United StatesFounded 2013Home Living
Valuation $100–250M Last recorded · 2017
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for August Home and the history behind them.

About August Home

August Home Inc. materialized in the smart home market in 2012, co-founded by industrial designer Yves Behar and technology entrepreneur Jason Johnson. The company's inception was driven by the founders' vision to create a more secure and convenient way to manage home access, blending elegant design with robust technology. Behar, a renowned designer, brought his aesthetic and user-centric design philosophy to the hardware, while Johnson provided the technological and business strategy. This fusion of design and tech became a core tenet of the August Home brand.

The firm established itself as a key player in the smart lock industry, targeting homeowners and renters seeking to upgrade their home security with keyless entry solutions. Its business model centers on the direct-to-consumer sale of its hardware products through its website and major retail partners. The primary revenue stream is generated from the sale of smart locks and accessories like keypads and doorbell cameras.

August Home’s flagship product line consists of smart locks that retrofit to existing deadbolts, a design choice that significantly lowers the barrier to adoption for consumers. A key feature is the ability to grant or revoke access remotely via a smartphone app, creating virtual keys for family, friends, or service providers. The system also maintains a 24/7 activity log, allowing users to track who enters and leaves their home. Another signature feature is Auto-Unlock, which uses Bluetooth and Wi-Fi to detect the user's approach and unlock the door automatically, and Auto-Lock, which secures the door after a set period. The ecosystem extends to include the August Connect Wi-Fi Bridge, which enables remote operation and integration with voice assistants like Amazon Alexa, Google Assistant, and Apple HomeKit.

A significant milestone in the company's trajectory occurred in November 2017, when it was acquired by Assa Abloy, the world's largest lock manufacturer. This acquisition integrated August Home into a global powerhouse in the access solutions market, providing substantial resources and distribution channels. Following the acquisition, Jason Johnson continued to lead the company as CEO, ensuring continuity in its mission and product development. The company now operates as a brand under the Yale residential business of Assa Abloy, leveraging the parent company's extensive experience in security and lock manufacturing.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
San Francisco, United States
Employees
104
Open positions
None listed
Dealroom signal
60.8/100
Industry
Home Living
Sector
Home Living, Home Automation, WiFi, Consumer Electronics, Smart Home, Hard Tech, DT and LS
Technology
IoT InternetOfThings, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Oct 2017 $0 — Assa Abloy ↗
SERIES COther financing Jul 2017 $25M $100M Bessemer Venture Partners · Comcast Ventures · AGL Energy · Maveron —
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Growth signals

August Home website traffic

Latest recorded traffic for August Home is 150K monthly website visits, down 6.3% over the last three months. August Home's team grew 0% over the past year.

Latest monthly visits150K 3-month web change-6.3% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

25 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed7 investors entered at this stage

Series A12 investors entered at this stage

Series B and later5 investors entered at this stage

Other known investors1 additional known investor

  • Assa Abloy
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇺🇸 United States95.9%
🇭🇰 Hong Kong2%
🇯🇵 Japan2%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about August Home on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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