Dangold Investment Corporation
15th Broad Street, New York, NY, 10005, United States
Overview
Dangold Investment Corp is an exclusive Venture Capital and Private Equity firm HQ’ed in New York and present in London and Bangalore. The company invests in Seed and Series A capital in Tech, E-commerce, Retail and F&B companies.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Financial Services
- Venture Capital
Investment portfolio
- BeON Home
Led · Seed · Dec 2014
BeON Home develops the BeON Home Protection system, a Bluetooth Smart-enabled solution that embeds smart modules inside LED light bulbs to provide everyday safety lighting, emergency lighting during outages or smoke alarms, and preventative home security. The modules offer long-lived, energy-efficient lighting (the company cites 22 years of efficient lighting) and are sold with an Android mobile app and retail presence on Amazon. Founded in 2013 by Arvind Baliga, Martin Forest and Alexei Erchak and based in Cambridge, MA, the company recently expanded availability and added international shipping compatibility. BeON Home secured a $2.9M funding round led by Jopeko, LLC and said total funding to date is nearly $5M. The company intends to use the new funds to accelerate growth and expand its product line. No specific revenue or user metrics were reported in the article. BeON Home is a Cambridge, MA–based start-up whose first product is the BeON Burglar Deterrent, an LED-bulb system that simulates occupancy by learning and replaying lighting patterns. The bulbs install like normal light bulbs, work with existing wall switches, listen for doorbell rings to trigger lights, and include built-in rechargeable batteries that provide visible lighting for days during power outages. The company launched a Kickstarter campaign (running through December 19) and raised over $80K in the first four weeks toward a $100K goal. BeON also received a $1.5M investment from Dangold Investment Corporation to fast-track manufacturing. The company has secured manufacturing partners and a robust supply chain to produce initial products. Its team cites decades of experience manufacturing LED lighting and consumer electronics that have generated hundreds of millions in revenue to date.
Team
No current team members are available.