Western Technology Investment

Western Technology Investment is a principal investment firm based in Portola Valley, California, founded in 1980. The firm specializes in providing debt and lease financing to technology companies backed by venture capital, focusing on early-stage and mid-stage businesses in North America. With a strong track record, WTI has deployed over $3 billion in debt and equity capital, making investments ranging from $250,000 to $30 million. The firm structures its investments as fully usable, unrestricted growth capital and aims to support companies that are projected to achieve a minimum of $25 million in annual sales within five years. Additionally, WTI often secures warrants in client companies and may provide equity capital alongside its debt financing. The firm's notable investments include established names such as Facebook and Google, underscoring its significant role in the technology sector.

JoBeth Abecasis

Venture Partner

Jobeth Abecassis

Venture Partner

Jon Beizer

Investment Partner

Dylan Bern

Principal

Maddy Burleson

Principal

Jay Cohan

Partner

Ross Glasser

Principal

Greg Goldfarb

Investment Partner

Dave Gravano

Investment Partner

Allison Lee

Principal

Rishabh Nijhawan

Associate

Rudy Ruano

Investment Partner

Jared Thear

CFO and CCO

Ryan Turner

Investment Partner

Patrick Ward

Associate

Past deals in Smart Home

Plant Prefab

Debt Financing in 2021
Plant Prefab specializes in the construction of custom single and multifamily homes, emphasizing sustainability and health. The company offers a patented prefabricated building system that streamlines the construction process, significantly reducing build time compared to traditional methods. By collaborating with individuals, architects, and small developers, Plant Prefab provides efficient solutions for those looking to realize their housing projects. Clients can choose to work with their own architects, select from a range of standard designs, or engage with the company's design partners. As the first home factory in the United States dedicated exclusively to sustainable practices, Plant Prefab focuses on minimizing the environmental impact of home construction, including energy, water, and resource usage. The firm aims to ensure that homes are built with durability in mind, promoting a healthy living environment for residents while also reducing disruptions typically associated with on-site construction.

Smartfrog

Venture Round in 2020
Smartfrog is a technology company founded in 2014 by Abbas Sadegh, Andreas Rudyk, and Norbert Stangl, specializing in home surveillance solutions. It provides a comprehensive service that includes an application for both Android and iOS, a camera, and video storage capabilities. The company's offerings are designed to monitor various environments such as homes, apartments, and holiday properties, as well as to oversee children, pets, and business locations. Smartfrog focuses on consumer IoT solutions, aiming to make modern technologies accessible, affordable, and safe for users. Its DIY smart home security subscription services are user-friendly and cater to a wide demographic, supporting individuals throughout different life stages.

Smartfrog

Debt Financing in 2020
Smartfrog is a technology company founded in 2014 by Abbas Sadegh, Andreas Rudyk, and Norbert Stangl, specializing in home surveillance solutions. It provides a comprehensive service that includes an application for both Android and iOS, a camera, and video storage capabilities. The company's offerings are designed to monitor various environments such as homes, apartments, and holiday properties, as well as to oversee children, pets, and business locations. Smartfrog focuses on consumer IoT solutions, aiming to make modern technologies accessible, affordable, and safe for users. Its DIY smart home security subscription services are user-friendly and cater to a wide demographic, supporting individuals throughout different life stages.

Veev

Debt Financing in 2020
Veev Inc., established in 2017 and based in Minneapolis, Minnesota, is a hybrid real estate solutions company that focuses on transforming the construction and experience of homes. The company offers an innovative home operating system that integrates room-specific lighting, shade, and climate control, while also safeguarding against security threats and cybercrime. Veev employs a panelized building system that utilizes light gauge steel for framing and high-performance acrylic for surfaces, complemented by radiant climate control systems and a digital home ecosystem. Currently, Veev is concentrating on high-performance multifamily units and accessory dwelling units (ADUs), with a development pipeline exceeding 230 units and 620,000 gross building square feet. Their comprehensive approach includes asset management, architectural design, permitting, modular construction, installation, and a digital infrastructure that enhances safety, maintenance, and overall comfort for homeowners.

Ambient.ai

Seed Round in 2017
Ambient.ai specializes in real-time human-level perception technology, focusing on creating intelligent environments that prioritize safety, efficiency, and sustainability. Founded by experts in artificial intelligence, imaging, and deep learning from prominent institutions and companies, the company has garnered support from various Silicon Valley investors. Ambient.ai has developed an AI-powered security platform that enhances organizations' ability to prevent physical security incidents and improve their response capabilities. This platform features near real-time event detection, intuitive search, and cross-network search functionalities, allowing customers to effectively identify and respond to security threats, thereby strengthening their overall security posture.

100Plus

Seed Round in 2017
100Plus is a rapidly advancing remote patient monitoring platform designed to assist healthcare providers in managing chronic patients from a distance. By offering a fully configured medical device at no cost to patients or healthcare practices, 100Plus enables seamless monitoring without the need for smartphones, apps, Bluetooth, or WiFi. This approach allows for proactive engagement with high-risk seniors, reducing the need for expensive episodic care and enhancing overall patient quality of life. Additionally, the platform incorporates data analytics and game mechanics to promote healthy living, making it an innovative solution in the realm of personalized health prediction and management.

Hello Heart

Venture Round in 2016
Hello Heart Inc. is a health technology company that offers a comprehensive application designed to help individuals manage their blood pressure effectively. Founded in 2013 and based in Redwood City, California, the company provides users with a wireless blood pressure monitor paired with a smartphone application that delivers real-time, personalized health tips. The application is particularly aimed at individuals with high blood pressure, empowering them to understand and improve their heart health. By facilitating self-management and promoting behavior change, Hello Heart seeks to prevent serious health risks associated with hypertension, which is a major cost factor for employers. The program is clinically based, ensuring that users receive reliable guidance in an engaging manner.

Awair

Venture Round in 2016
Awair is a company focused on enhancing indoor health and safety through innovative air monitoring solutions. Founded in 2013 and headquartered in San Francisco, Awair designs products that seamlessly integrate into homes and offices while providing actionable insights into indoor air quality. Their devices monitor key environmental factors such as temperature, humidity, carbon dioxide, volatile organic compounds, and dust, enabling users to assess and optimize the air quality in their surroundings. By equipping individuals with personalized solutions, Awair aims to transform how indoor spaces are designed and constructed, empowering people to make informed decisions for healthier living.

Bluesmart

Seed Round in 2015
Bluesmart develops Internet connected travel products that include physical products combined with software. It offers Bluesmart app, a solution that allows users to control suitcases from their phones, receive smart alerts, and track their travel data to get insights about travel habits. Bluesmart also provides digital lock solutions for luggage and its contents; battery charging and location tracking solutions; and distance alerts and trip data. Alejo Verlini, Brian Chen, Diego Saez-Gil, Martin Diz, and Tomi Pierucci founded it on Novermber 5, 2013, with its headquarters in Mountain View in California.

Bluesmart

Debt Financing in 2015
Bluesmart develops Internet connected travel products that include physical products combined with software. It offers Bluesmart app, a solution that allows users to control suitcases from their phones, receive smart alerts, and track their travel data to get insights about travel habits. Bluesmart also provides digital lock solutions for luggage and its contents; battery charging and location tracking solutions; and distance alerts and trip data. Alejo Verlini, Brian Chen, Diego Saez-Gil, Martin Diz, and Tomi Pierucci founded it on Novermber 5, 2013, with its headquarters in Mountain View in California.

Canary

Series B in 2015
Canary Connect, Inc. is a New York City-based technology company specializing in home security systems designed to enhance safety and connectivity for users. Founded in 2012, the company develops a range of products, including the Canary, an all-in-one security solution featuring an HD camera, siren, and air monitor, and the Canary Flex, a versatile weatherproof camera suitable for both indoor and outdoor use. Additionally, Canary offers a web-based application called Canary Talk, which allows users to stream live footage and monitor their homes in real time. The company's products are available for purchase online and are designed to be affordable and easy to set up, catering to both renters and homeowners. With a focus on innovation, the team comprises experts in security, robotics, software, and design.

Bluesmart

Seed Round in 2015
Bluesmart develops Internet connected travel products that include physical products combined with software. It offers Bluesmart app, a solution that allows users to control suitcases from their phones, receive smart alerts, and track their travel data to get insights about travel habits. Bluesmart also provides digital lock solutions for luggage and its contents; battery charging and location tracking solutions; and distance alerts and trip data. Alejo Verlini, Brian Chen, Diego Saez-Gil, Martin Diz, and Tomi Pierucci founded it on Novermber 5, 2013, with its headquarters in Mountain View in California.

HomeLight

Series A in 2015
HomeLight, Inc. operates an online platform that connects homebuyers and sellers with real estate agents in the United States, utilizing data and agent reviews to facilitate informed decisions. Founded in 2011 and based in San Francisco, the company aims to simplify real estate transactions, making them more certain and satisfying. HomeLight offers a range of services, including agent matching, an investor platform called Simple Sale, consumer financing through HomeLight Home Loans, and various transactional tools via HomeLight Agent Services. The platform supports clients throughout the real estate journey, helping with all-cash offers, unlocking home equity, and streamlining the closing process. HomeLight has received recognition from industry publications for its innovative approach and commitment to enhancing the real estate experience.

EcoSMART Technologies

Debt Financing in 2010
EcoSMART Technologies, Inc. specializes in the manufacture of pesticide solutions and pet care products derived from natural ingredients. Founded in 1992 and headquartered in Atlanta, Georgia, the company offers a comprehensive range of pest control products, including insecticides for ants, roaches, bed bugs, fleas, ticks, mosquitoes, and various garden pests. EcoSMART's products are unique in that they utilize essential plant oils, leveraging natural defenses that plants have developed over millennia to combat insects and pathogens. The company emphasizes safety, providing a complete line of EPA-exempt pesticides that are effective without the use of synthetic chemicals or harmful residues. EcoSMART also markets pet care items such as shampoos, conditioners, and flea and tick control products. These offerings are available through online platforms and retail stores, catering to both residential and commercial markets. As a subsidiary of Kittrich Corporation, EcoSMART strives to lead the industry in safe and effective pesticide solutions.

Asoka

Series A in 2007
AsokaTech - Home
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.