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SwitchBot

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Smart home automation devices and AI-enabled home robots, also known as Woan Technology

Shenzhen, ChinaFounded 2021Robotics
Valuation $2.05B Market cap · 2025
Revenue $50–100M Latest reported FY

About SwitchBot

SwitchBot is a company that specializes in smart home automation products designed to simplify and enhance daily living. Operating in the consumer electronics market, SwitchBot serves tech-savvy homeowners and renters looking to integrate smart technology into their homes. The company offers a range of products including smart curtains, indoor cameras, humidifiers, and various sensors, all of which can be controlled via popular voice assistants like Alexa, Google Assistant, and Siri, as well as through IFTTT (If This Then That) automation. SwitchBot's business model revolves around direct-to-consumer sales through its website and major online retailers. Revenue is generated through the sale of these smart devices and accompanying accessories. The company also provides a mobile app for centralized control and management of its products, enhancing user experience and encouraging repeat purchases.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2021
Headquarters
Shenzhen, China
Listing
IPO 2025
Sector
Robotics
Power Law
Unicorn$1–10B valuation tierColt$25–100M revenue

Investors

2 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

  • China Mobile SDIC Innovation

Series B and later1 investor entered at this stage

  • Brizan Ventures
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
6 countries with
team presence
🇨🇳 China65.2%
🇭🇰 Hong Kong13%
🇫🇷 France8.7%
🇯🇵 Japan4.3%
🇺🇸 United States4.3%
Top 5 of 6 shown
Web traffic by country
850K monthly visits
across markets
🇯🇵 Japan28.9%
🇩🇪 Germany11.6%
🇺🇸 United States10.1%
🇬🇧 United Kingdom7.3%
🇮🇹 Italy5.9%
Top 5 markets shown

Patents

Estimated portfolio value
$12M

325 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

Explore the patent portfolioPatent records, technology areas and peer comparisonsBook a demo

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SwitchBot 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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