Mindhelix makes Rico, a robot-like device that turns a spare smartphone into an affordable smart-home security system. Rico pairs an in-built processor with a phone and a companion app to enable live streaming, alerts, environmental tracking, and trend analysis. The device can detect smoke and temperature changes, monitor carbon monoxide, control smart sockets, and adjust humidity; it is priced at $99. The company plans to use recent crowdfunding proceeds for manufacturing and software development and expects to ship products by November next year. Mindhelix became operational in 2011, is headquartered in California, and maintains an office in Kochi. The firm previously developed a personal security app (Sentinel) and a GPS-based fare calculator (Tuk Tuk Meter).

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2014