Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues<1m<1m<1m
% growth--157 %
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DateInvestorsAmountRound
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N/A

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$60.0k

Seed

$270k

Seed

N/A

Seed
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$4.0m

Early VC
Total Funding€3.9m

Recent News about Domatic

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More about Domaticinfo icon
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Domatic.io is a startup that operates in the building technology sector, providing an innovative electrical wiring and networking system for building fixtures. The company's primary clients are innovative builders working on multi-unit residential projects. Domatic's system is designed to make living spaces more affordable and environmentally friendly by improving energy efficiency and offering advanced control over building fixtures.

The company's product delivers both power and data using a shared low-voltage 2-conductor cable, which can control a wide range of fixtures, including lights, fans, blinds, sensors, door controllers, security cameras, speakers, and HVAC systems. This system simplifies the process of designing electrical layouts by allowing for software control over the entire system, reducing time-consuming IT work.

Domatic's business model revolves around selling this system to builders and property developers. The company makes money by selling the hardware and software necessary to implement its system, as well as through ongoing service and maintenance contracts.

One of the key selling points of Domatic's system is its potential for energy savings. By centralizing AC-DC conversion at the circuit breaker, the system can reclaim up to 40% of lost energy. When combined with a solar/storage system, it can further enhance energy savings.

In summary, Domatic.io is a promising startup in the building technology sector, offering an innovative solution that simplifies electrical layout design, improves energy efficiency, and offers advanced control over building fixtures.

Keywords: Building Technology, Energy Efficiency, Electrical Wiring, Networking System, Software Control, Innovative Builders, Residential Projects, AC-DC Conversion, Solar/Storage System, Fixture Control.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.