Founded in June 2014 by Wang Xueji and Chen Liaohan, Tuya Smart is a technology‑driven global intelligent platform offering one‑stop AI+IoT solutions including smart module integration, IoT cloud services and app development. The company develops an IoT OS with Plug‑and‑Play capabilities intended to accelerate product development and global deployment, and reports dramatically shortened development cycles for certain lighting/electrical solutions (from months to as little as one hour). Tuya builds localization across product, channel, supply and after‑sales to support market entry (example: Japan) and operates an ecosystem that invites partners onto its platform and provides talent and capital programs. As of its 2017 B round disclosures, the platform reached nearly 200 countries/regions, sold smart products to 100+ countries, served over 10,000 customers, supported ~11,000 smart products, processed over 20 billion device requests per day, handled 6 million daily voice AI interactions and accumulated ~1 PB of data. The company plans to leverage its AI+IoT technology and data to deepen deployment in three verticals—Smart Home, Smart Business and Smart City—and to continue enabling B2B and public‑sector smartization.

Total raised

$200M

Funding rounds

1

Latest round

Series C

Latest activity

Jul 2018