Iwith

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Iwith - overview

Established

2016

Location

Shenzhen, Guangdong, China

Primary Industry

Consumer Products

About

Iwith is a technology company specializing in innovative solutions that enhance operational efficiencies across sectors through smart home devices, automation systems, and IoT applications. Founded in 2016 in Shenzhen, China, Iwith focuses on developing technology solutions that improve connectivity and user experience. The company has not undergone any significant strategic pivots and does not have any known parent or subsidiary companies. Shisheng Cheng serves as both the CEO and the founder of the company.


Iwith has successfully completed one deal, with its most recent deal occurring on December 28, 2017, which involved raising an undisclosed amount of funding from Shenzhen Oriental Fortune Capital. Iwith-Smart focuses on innovative technology solutions designed to enhance operational efficiencies across various sectors. The company’s core offerings include smart home devices, automation systems, and IoT applications aimed at improving connectivity and user experience. These products address specific challenges such as energy management, security, and real-time data monitoring, appealing to both residential and commercial clients.


Users of Iwith-Smart's products range from individual consumers seeking smart home solutions to businesses looking for advanced automation capabilities, particularly in urban areas known for high technology adoption rates. Iwith-Smart's revenue model is structured around direct sales and potential subscription services linked to their smart technology products. Clients engage in transactions through a direct-to-consumer approach for individual products, while businesses may enter into partnership agreements for bulk purchases or long-term service contracts. Their flagship offerings include various pricing tiers, reflecting standalone device sales and bundled solutions that incorporate ongoing support or updates, thereby creating recurring revenue streams from software licenses or premium service features.


Iwith plans to launch new products focusing on enhancing smart home functionalities within the next year. The company is also targeting expansion into international markets, specifically looking at regions with high technology adoption, such as Southeast Asia by 2025. The funding raised in December 2017 will be utilized to support these product development and market expansion initiatives.


Current Investors

Oriental Fortune Capital

Primary Industry

Consumer Products

Sub Industries

Consumer Electronics

Website

www.iwith-smart.cn

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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