White Stagg, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

White Stagg, LLC - overview

Established

2012

Location

-, NC, US

Primary Industry

Hardware

About

White Stagg, LLC operates as Halo Smart Labs, focusing on smart home technology solutions that enhance security and automation for consumers. Their innovative devices integrate seamlessly into existing home systems, providing convenience and energy efficiency. Founded in 2012 in Pineville, US, White Stagg, LLC specializes in smart home technology, evolving its business strategy to focus on consumer-centered automation products. The company raised USD 3.


14 mn in VENTURE DEBT funding in April 2017, with a total of three deals executed. The founder's history remains unspecified, and there are no known subsidiaries or parent companies. Halo Smart Labs specializes in innovative technological solutions designed to enhance home automation and security. Their core product offerings focus on smart home devices that integrate seamlessly with existing home systems, allowing users to control various aspects of their living environments remotely.


These products are designed to provide convenience, energy efficiency, and enhanced security. The company targets a diverse client base, including homeowners, renters, and property managers, and markets its products to consumers in North America, Europe, and select markets in Asia, aiming to position itself within the smart home industry. Halo Smart Labs generates revenue through a mix of direct-to-consumer sales and partnerships with retailers. The company’s primary revenue stream comes from the sale of its flagship smart home devices, with options for subscription models and one-time purchases.


Clients can subscribe to services that enhance device functionality, such as advanced security monitoring or energy management analytics, with pricing plans designed to cater to a wide range of budgets while ensuring accessibility for their target market. Moving forward, Halo Smart Labs plans to introduce new products aimed at enhancing energy management and security functionalities in smart homes, with anticipated releases in early 2024. The company is targeting expansion into additional markets in Europe and Asia by mid-2024. The recent VENTURE DEBT funding of USD 3.


14 mn will be utilized to support the development of new products and facilitate entry into these new geographic regions.


Primary Industry

Hardware

Sub Industries

Consumer Products, Hardware, Analytics & Performance Software, Monitoring & Security Software

Website

www.halosmartlabs.com

Verticals

Mobile Apps

Total Amount Raised

Subscriber access only

White Stagg, LLC - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.