Nana Technologies Inc
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Nana Technologies Inc - overview
Established
2017
Location
Oakland, CA, US
Primary Industry
Consumer Services
About
Nana Technologies Inc is a US-based company that specializes in innovative home solutions, focusing on intelligent home management systems that enhance energy efficiency, security, and convenience for modern households. Nana Technologies Inc, founded in 2017 and headquartered in Oakland, California, offers smart home management solutions. The company was established by David Zamir and Vageesh Setty. They have completed 2 deals, with the latest funding round being a Seed round totaling USD 10.
70 mn, led by Spero Ventures along with Burst Capital, Learn Capital, and Next Play Ventures. Their total amount raised stands at USD 10. 70 mn, with a current company valuation of USD 29. 90 mn.
NanaHome specializes in a diverse range of innovative home solutions designed to enhance everyday living. Their core product offerings include intelligent home management systems that integrate smart technology for energy efficiency, security, and convenience. These systems cater to modern families seeking to optimize their living environments, targeting homeowners and renters in urban markets across North America and Europe who prioritize sustainability and ease of use. NanaHome's revenue model is built on direct-to-consumer sales combined with B2B partnerships with retailers and home improvement stores.
Sales occur through one-time purchases and subscription-based services for ongoing software updates and premium features. Their flagship product, the SmartHome Hub, is offered at a competitive price point, with additional smart devices available for bundling. Strategic partnerships with local distributors enhance market reach, ensuring product accessibility across key regions. Following the acquisition of Nana Technologies Inc by Domestic & General Group Limited in December 2023, the company aims to leverage this transition to strengthen its capabilities in post-sale appliance care and protection.
Future growth is expected to focus on enhancing product offerings, expanding into new markets, and utilizing resources from the recent acquisition to drive innovation in home technology solutions.
Current Investors
Learn Capital, Spero Ventures, Burst Capital
Primary Industry
Consumer Services
Sub Industries
Home Repair Services, Education & Training Services
Website
www.nanahome.com/
Verticals
Artificial Intelligence, EdTech
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Nana Technologies Inc - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Nana Technologies Inc | - |
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