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Smartfrog Group

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Consumer IoT SaaS pioneer offering affordable DIY Smart Home security with global reach and patented technology

New York City, United StatesFounded 2014
Total funding $50–100M Disclosed equity funding
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About Smartfrog Group

Smartfrog Group, also known as Smartfrog Canary Holding Inc., is a leading consumer IoT (Internet of Things) SaaS (Software as a Service) pioneer. The company operates in the smart home security market, providing easy-to-use and affordable DIY (Do It Yourself) security solutions. Initially launched in 2015, Smartfrog introduced a subscription-based smart home security service that includes a free device, starting at just $7 per month. The company has since expanded its operations globally, with users in over 180 countries. In 2018, Smartfrog expanded to the US market by acquiring Canary Connect, merging the two businesses and establishing its headquarters in New York City.

Smartfrog's business model revolves around a subscription service, where customers pay a monthly fee for access to their smart home security solutions. This model ensures a steady stream of recurring revenue. The company's full-stack platform and value chain are end-to-end controlled, protected by over 100 patents, ensuring a competitive edge in the market.

Smartfrog serves a diverse range of clients, from individual homeowners to small businesses, providing them with reliable and cost-effective security solutions. The company's mission is to make modern technologies useful, easy, affordable, and safe for everyone.

Source: Dealroom company data

At a glance

Founded
2014
Headquarters
New York City, United States

Investors

7 investors on the cap table

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

Series A1 investor entered at this stage

Series B and later6 investors entered at this stage

Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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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
🇺🇸 United States · New York City HQ
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Market sentiment

Posts on X, past 7 days

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