Sensibo’s core product is Sensibo Inside, a turnkey IoT solution that lets OEMs and distributors make any appliance smart without lengthy R&D or product redesign. The solution can be preinstalled at the factory or retrofitted into existing appliances in under 60 seconds. Sensibo Inside enables remote monitoring and control, scheduling, autonomous operations and advanced energy savings such as auto-off when homes are empty and pre-warm/pre-cool before arrival. The platform includes an analytics engine that turns device data into actionable reports, supports malfunction alerts and maintenance notifications, and can integrate with utilities’ demand response systems. It also connects with third-party platforms including IFTTT, SmartThings, Amazon Echo and Apple HomeKit. Sensibo announced a partnership with Blue Star to integrate Sensibo Inside into air conditioners across India. The company reported a $2.6 million seed funding round led by Motus Ventures with participation from Lool Ventures. Sensibo sells a small IR-compatible blaster and hub that connects to a smartphone app to remotely control air-conditioner settings and automate home climate. The product offers location-based activation, timers, and a learning algorithm the company says can save up to 40% on heating and cooling bills by learning user habits. It can detect room occupancy to turn units off and monitors temperature and humidity locally to adjust when the AC unit cannot. The company ran an Indiegogo campaign that raised over $165,000, more than doubling its $70,000 target, and is accepting pre-orders. Pricing in the article lists a starter kit at $159 (hub plus control unit) with additional units priced at $80 each to expand coverage. Sensibo plans to ship the first batch of units later this month and reports manufacturing plans are on track; it faces competition from startups including Ambi Climate and Tado.

Total raised

$3M

Funding rounds

2

Latest round

Seed

Latest activity

Sep 2016