Company profile: Sevenhugs
1.1 - Company Overview
Company description
- Provider of universal smart remote controls for TV and smart home, including Smart Remote, Smart Remote X with Point Mode, and Smart Remote U, compatible with infrared, Bluetooth, and Wi-Fi; supported by room sensors enabling Point Mode and a mobile app for configuration. All products and services have been discontinued and are no longer supported or sold.
Products and services
- Smart Remote X: An enhanced, sensor-enabled universal remote featuring Point Mode that automatically displays device controls when pointed at a device, relies on Room Sensors, later discontinued and no longer supported
- Smart Remote: A multi-protocol universal remote engineered to manage multiple devices via infrared, Bluetooth, and Wi‑Fi compatibility, subsequently discontinued, no longer supported or sold
- Room Sensors: Point Mode–enabling sensors that work with Smart Remote to let it automatically display the correct controls when pointed at a device, no longer supported
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Sevenhugs
SmartThings
HQ: United States
Website
- Description: Provider of wireless cloud-based software and a smartphone app enabling users to monitor and control domestic affairs remotely, supported by easy-to-use sensors for home, office, and car that communicate with each other.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full SmartThings company profile →
Butterfleye
HQ: United States
Website
- Description: Provider of an AI-powered, cloud-connected wireless security camera for businesses, featuring 1080p streaming, motion and sound detection, facial recognition, privacy mode, 2-way audio, a built-in rechargeable battery, 16GB onboard storage, and free cloud HD.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Butterfleye company profile →
Wisave
HQ: Italy
Website
- Description: Provider of Internet of Things solutions focused on smart energy and efficiency, manufacturing equipment and systems for remote control of cloud infrastructure, enabling remote monitoring of buildings and supporting highly scalable business operations.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Wisave company profile →
Eve
HQ: United States
Website
- Description: Provider of connected home products and digital lifestyle solutions that deliver comfort, safety, and control, engineered in-house to combine software and hardware and integrate with Apple HomeKit.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Eve company profile →
LifeWhere
HQ: United States
Website
- Description: Provider of predictive analytics for home utilities via LifePulse technology that attaches to home machines to monitor utility health, using applications and cloud analytics to alert service providers to problems before they happen.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full LifeWhere company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Sevenhugs
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Buyer group 2: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Sevenhugs
2.2 - Growth funds investing in similar companies to Sevenhugs
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4 - Top valuation comps for Sevenhugs
4.2 - Public trading comparable groups for Sevenhugs
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