Comcast

Comcast Corporation, headquartered in Philadelphia, is a global media and technology company with two main divisions: Comcast Cable and NBCUniversal. Comcast Cable provides video, high-speed internet, phone, wireless security, and automation services to residential and business customers under the XFINITY brand. NBCUniversal operates news, entertainment, and sports cable networks, broadcast networks NBC and Telemundo, television production operations, station groups, Universal Pictures, and Universal Parks and Resorts. Comcast Ventures, established in 1999, is the venture capital affiliate of Comcast Corporation, investing in transformative consumer and enterprise companies across various sectors, typically from seed to late-stage growth, with initial investments ranging from $2 million to $25 million.

Michelle Chang

Partner

Rocky Gupta

EVP - Treasurer

Broderick D. Johnson

EVP Of Public Policy and Digital Equity

Gorav Khanna

Associate

James Kosta

Executive Director, Comcast Innovation Labs Silicon Valley

Ryan Lee

Principal

Sophia Marshall

Senior Vice President, Division Communications

Shivani Mathur

Associate

Kyle Peters

Director, Finance

Marc Silberman

Partner

Dalila Wilson-Scott

EVP, Chief Diversity Officer and President, Comcast NBCUniversal Foundation

Past deals in Smart Home

Haven Energy

Series A in 2024
Haven Energy is a climate technology company that is accelerating home energy storage adoption. Haven walks homeowners through the process of selecting, quoting, and financing a home battery system, and then connects them with vetted, qualified electricians to complete the installation. Haven works with homeowners after installation to integrate their batteries into an aggregated virtual power plant, allowing customers to monetize grid participation and significantly reduce their electricity costs.

Branch Energy

Seed Round in 2021
Branch Energy is a company focused on promoting renewable energy through local wind and solar projects. By leveraging data analytics and smart home technology, it aims to reduce power consumption and support clean energy initiatives. The company has developed a green energy platform that not only helps consumers save on their energy bills but also encourages the transition to sustainable energy sources. Through its efforts, Branch Energy seeks to enable individuals to lower their energy costs while simultaneously decreasing their carbon footprint, contributing to a cleaner energy future.

Tovala

Series C in 2021
Tovala is a Chicago-based company that offers a unique combination of a smart oven and a fresh meal delivery service, aiming to simplify dinner preparation for busy individuals. Founded in 2015 and launched in 2017, Tovala's system features an internet-connected countertop steam oven designed for multi-step cooking, paired with gourmet chef-prepared meals. This innovative approach allows users to enjoy healthy, home-cooked meals with minimal effort, requiring only the scanning of a barcode to initiate the cooking process. Tovala's service addresses the growing demand for convenient and nutritious meal solutions in today’s fast-paced lifestyle.

Tovala

Series B in 2020
Tovala is a Chicago-based company that offers a unique combination of a smart oven and a fresh meal delivery service, aiming to simplify dinner preparation for busy individuals. Founded in 2015 and launched in 2017, Tovala's system features an internet-connected countertop steam oven designed for multi-step cooking, paired with gourmet chef-prepared meals. This innovative approach allows users to enjoy healthy, home-cooked meals with minimal effort, requiring only the scanning of a barcode to initiate the cooking process. Tovala's service addresses the growing demand for convenient and nutritious meal solutions in today’s fast-paced lifestyle.

Notion

Acquisition in 2020
Notion is a company that specializes in home monitoring systems, providing property owners with tools to safeguard their spaces and belongings. Founded in 2013 by Brett Jurgens and Ryan Margoles and based in Denver, Colorado, Notion offers a multi-function, compact sensor that delivers real-time alerts for various issues, including motion detection, temperature changes, water leaks, and alarms. The system is designed to enhance home awareness through an intuitive user experience and comprehensive data analytics, allowing customers to proactively address potential problems in their homes.

Hippo Insurance

Series D in 2019
Hippo Insurance Services is a home insurance provider that aims to redefine homeowner protection through a comprehensive approach. The company utilizes real-time data and smart home technology to create an integrated home protection platform designed to alleviate the concerns associated with homeownership. Headquartered in Palo Alto, California, with additional offices in Austin and Dallas, Hippo offers its insurance products to over 80 percent of U.S. homeowners across 37 states. The company covers a wide range of assets, including electronics, home offices, and appliances, while also providing unique coverage options for water backup and service lines. Hippo operates through various segments, with the majority of its revenue generated from its Insurance-as-a-Service platform, which supports third-party managing general agents. As a licensed property casualty insurance agent, Hippo collaborates with multiple insurance companies to underwrite its products.

Xogo

Non Equity Assistance in 2019
Xogo is a hardware and software platform aimed at empowering individuals, particularly those with disabilities, to effectively engage with technology. It provides a versatile solution by enabling connections between a wide variety of devices, including standard USB, Bluetooth, WiFi, and 3.5mm jack inputs. This compatibility allows users to integrate and control diverse technologies, such as cable boxes, smart home devices, and video game consoles, according to their specific needs and preferences. By addressing issues of device incompatibility and usability, Xogo helps users to maximize the functionality of their technology, fostering a more inclusive and user-friendly experience.

Hippo Insurance

Series C in 2018
Hippo Insurance Services is a home insurance provider that aims to redefine homeowner protection through a comprehensive approach. The company utilizes real-time data and smart home technology to create an integrated home protection platform designed to alleviate the concerns associated with homeownership. Headquartered in Palo Alto, California, with additional offices in Austin and Dallas, Hippo offers its insurance products to over 80 percent of U.S. homeowners across 37 states. The company covers a wide range of assets, including electronics, home offices, and appliances, while also providing unique coverage options for water backup and service lines. Hippo operates through various segments, with the majority of its revenue generated from its Insurance-as-a-Service platform, which supports third-party managing general agents. As a licensed property casualty insurance agent, Hippo collaborates with multiple insurance companies to underwrite its products.

Hippo Insurance

Series B in 2018
Hippo Insurance Services is a home insurance provider that aims to redefine homeowner protection through a comprehensive approach. The company utilizes real-time data and smart home technology to create an integrated home protection platform designed to alleviate the concerns associated with homeownership. Headquartered in Palo Alto, California, with additional offices in Austin and Dallas, Hippo offers its insurance products to over 80 percent of U.S. homeowners across 37 states. The company covers a wide range of assets, including electronics, home offices, and appliances, while also providing unique coverage options for water backup and service lines. Hippo operates through various segments, with the majority of its revenue generated from its Insurance-as-a-Service platform, which supports third-party managing general agents. As a licensed property casualty insurance agent, Hippo collaborates with multiple insurance companies to underwrite its products.

Stringify

Acquisition in 2017
Stringify is a technology company focused on creating a platform that connects both physical and digital elements seamlessly. By leveraging automation services for the Internet of Things, Stringify enables users to discover, design, and control their experiences by linking the aspects of their lives that matter most. The platform provides customers with convenient access to their connected devices without the need for additional hardware, allowing for a hassle-free experience. Through its innovative solutions, Stringify aims to enhance daily living by simplifying the connectivity of diverse technologies.

August Home

Series C in 2017
August Pro is a division of August Home Inc., a company that specializes in smart home access products designed to enhance home security and user control. Founded in 2012 and based in San Francisco, August Home develops innovative solutions like the August Smart Lock, which enables users to replace traditional keys with smartphone access. This technology allows homeowners to create virtual keys for various individuals, such as house cleaners and delivery services, and manage access duration remotely via smartphones or computers. August Pro specifically caters to professional smart home installers, providing them with the tools and products needed to implement these advanced access systems effectively. As a subsidiary of ASSA ABLOY AB, August Home continues to focus on creating seamless and secure home environments.

Plume Design

Series C in 2017
Plume Design, Inc. is a technology company that specializes in adaptive home Wi-Fi solutions and the manufacture of Wi-Fi devices. Founded in 2015 and headquartered in Palo Alto, California, Plume provides a software-as-a-service platform designed for communications service providers. This platform facilitates the delivery of enhanced services for connected homes, including features such as optimal Wi-Fi performance, parental controls, and motion sensing capabilities. Plume's mobile application allows users to customize and manage their Wi-Fi networks, including controlling device access and managing passwords. The company's focus is on enhancing the smart home experience while supporting service providers with backend applications.

iControl Networks

Acquisition in 2016
iControl Networks is a technology company that specializes in providing a software platform for service providers and home security companies, facilitating the delivery of connected home solutions to households globally. Founded in 2003 and based in Redwood City, California, iControl offers a range of services including device management, remote access, task scheduling, and video management. Its solutions allow users to remotely control and manage home security systems through various devices such as web browsers, smartphones, and tablets. Additionally, the company provides home awareness, energy management, and health monitoring solutions for the elderly. One of its notable products is Piper, a Wi-Fi-enabled device that integrates video, home automation, and environmental sensors. iControl also supports collaboration through its OpenHome Partner program, which connects application and device makers on a unified platform.

Plume Design

Series A in 2015
Plume Design, Inc. is a technology company that specializes in adaptive home Wi-Fi solutions and the manufacture of Wi-Fi devices. Founded in 2015 and headquartered in Palo Alto, California, Plume provides a software-as-a-service platform designed for communications service providers. This platform facilitates the delivery of enhanced services for connected homes, including features such as optimal Wi-Fi performance, parental controls, and motion sensing capabilities. Plume's mobile application allows users to customize and manage their Wi-Fi networks, including controlling device access and managing passwords. The company's focus is on enhancing the smart home experience while supporting service providers with backend applications.

August Home

Series B in 2015
August Pro is a division of August Home Inc., a company that specializes in smart home access products designed to enhance home security and user control. Founded in 2012 and based in San Francisco, August Home develops innovative solutions like the August Smart Lock, which enables users to replace traditional keys with smartphone access. This technology allows homeowners to create virtual keys for various individuals, such as house cleaners and delivery services, and manage access duration remotely via smartphones or computers. August Pro specifically caters to professional smart home installers, providing them with the tools and products needed to implement these advanced access systems effectively. As a subsidiary of ASSA ABLOY AB, August Home continues to focus on creating seamless and secure home environments.

Spectrum

Acquisition in 2014
Spectrum is a cable telecommunications company that provides a diverse array of home entertainment and information services. Its offerings include video on-demand, digital video recording, high-speed internet access, and various communication tools, as well as home automation and monitoring services. In addition to residential services, Spectrum also caters to business clients with data and network services, video programming, and music services. Established in 1989 and headquartered in Herndon, Virginia, Spectrum operates in multiple regions, including New York State, the Carolinas, Ohio, Kentucky, Wisconsin, Southern California, and Texas. The company has grown to serve approximately 15 million customers.

iControl Networks

Series D in 2011
iControl Networks is a technology company that specializes in providing a software platform for service providers and home security companies, facilitating the delivery of connected home solutions to households globally. Founded in 2003 and based in Redwood City, California, iControl offers a range of services including device management, remote access, task scheduling, and video management. Its solutions allow users to remotely control and manage home security systems through various devices such as web browsers, smartphones, and tablets. Additionally, the company provides home awareness, energy management, and health monitoring solutions for the elderly. One of its notable products is Piper, a Wi-Fi-enabled device that integrates video, home automation, and environmental sensors. iControl also supports collaboration through its OpenHome Partner program, which connects application and device makers on a unified platform.

iControl Networks

Series C in 2009
iControl Networks is a technology company that specializes in providing a software platform for service providers and home security companies, facilitating the delivery of connected home solutions to households globally. Founded in 2003 and based in Redwood City, California, iControl offers a range of services including device management, remote access, task scheduling, and video management. Its solutions allow users to remotely control and manage home security systems through various devices such as web browsers, smartphones, and tablets. Additionally, the company provides home awareness, energy management, and health monitoring solutions for the elderly. One of its notable products is Piper, a Wi-Fi-enabled device that integrates video, home automation, and environmental sensors. iControl also supports collaboration through its OpenHome Partner program, which connects application and device makers on a unified platform.

Intellon Corporation

Venture Round in 2006
Intellon Corporation, a fabless semiconductor company, engages in the design, develop, manufacture, and marketing of integrated circuits (ICs) for powerline communications or high-speed communications over existing electrical wiring in the United States and internationally. They provides HomePlug-based ICs for home networking, networked entertainment, broadband over powerline access, ethernet-over-coax, smart grid management, and other commercial applications. The HomePlug-based ICs provide connectivity between broadband modems or routers and personal computers, set-top boxes, gaming consoles, and other electronic products within a home; and monitors electrical distribution system, as well as helps in distributing Internet, video-on-demand, and other services.

Intellon Corporation

Venture Round in 2004
Intellon Corporation, a fabless semiconductor company, engages in the design, develop, manufacture, and marketing of integrated circuits (ICs) for powerline communications or high-speed communications over existing electrical wiring in the United States and internationally. They provides HomePlug-based ICs for home networking, networked entertainment, broadband over powerline access, ethernet-over-coax, smart grid management, and other commercial applications. The HomePlug-based ICs provide connectivity between broadband modems or routers and personal computers, set-top boxes, gaming consoles, and other electronic products within a home; and monitors electrical distribution system, as well as helps in distributing Internet, video-on-demand, and other services.
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