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Dwelo

acquired by Level Home

Pleasant Grove, US · Founded 2014 · Delaware corporation · 5 known investors

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Ambient provides a smart apartment platform for multifamily property owners and developers, offering access control, home automation, and building intelligence alerts across both retrofit and new-build communities. Its tools help staff manage daily operations while giving residents a connected living experience.

IoTPropTechSaaS

Founders & leadership

Dwelo was founded in 2014 by Mike Rovito.

MR
Mike RovitoOutgoing CEO / Advisor
DB
David BeenfieldCEO (Co-Founder & COO of Dwelo)
EW
Eric WoodNamed on SEC filing

Investors · 5

Peterson VenturesreportedSalt Lake City · $250K – $2.5M

How we know: a partner's Signal profile · Not right? Tell us

Also in the syndicate · 3

Cox CommunicationsleadLennarWalmart

Funding

SEC filings, press & company announcements

$114.6M disclosed across 6 of 7 rounds · 2015–2021

  • $100MSeries CNov 2021 · 4 sources

    Cox Communications (lead), Lennar, Walmart

    Source ↗
▶$5.6MraisedAug 2021 · 43 investors · Business Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Scott StettlerDirector
  • Jarom JohnsonDirector
  • Eric WoodExecutive Officer, Director, Promoter
  • David BeenfieldExecutive Officer, Director, Promoter
  • Michael RovitoExecutive Officer, Director
Offering amount
$5.6M
Amount sold
$5.6M
First sale
Feb 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.8MraisedMar 2020 · 34 investors · Business Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael RovitoExecutive Officer, Director
  • Eric WoodExecutive Officer, Director, Promoter
  • David BeenfieldExecutive Officer, Director, Promoter
  • Scott StettlerDirector
  • Jarom JohnsonDirector
Offering amount
$6.6M
Amount sold
$4.8M
First sale
Nov 2019
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.3MraisedDec 2018 · 6 investors · Business Services
Rule 506(b)
Officers, directors & promoters on the filing
  • David JenkinsDirector
  • Scott StettlerDirector
  • Michael RovitoExecutive Officer, Director
  • David BeenfieldExecutive Officer, Director, Promoter
  • Eric WoodExecutive Officer, Director, Promoter
Offering amount
$9.3M
Amount sold
$2.3M
First sale
Dec 2018
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.8MraisedFeb 2016 · 19 investors · Business Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Eric WoodExecutive Officer, Director, Promoter
  • David JenkinsDirector
  • David BeenfieldExecutive Officer, Director, Promoter
Offering amount
$2.2M
Amount sold
$1.8M
First sale
Feb 2016
Incorporated
Corporation, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$105KraisedMar 2015 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Eric WoodExecutive Officer, Director
  • David BeenfieldExecutive Officer, Director
Offering amount
$300K
Amount sold
$105K
First sale
Mar 2015
Incorporated
Limited Liability Company, California, 2014
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 4

Zendesk New YorkThis is Zendesk's internal belonging/diversity and inclusion program page, not a company profile page for an external company. It describes Zendesk's internal culture initiatives and leadership development programs.
AqaraAqara provides smart home and IoT solutions with over 1,000 connected devices and platforms that integrate spatial intelligence, advanced sensors, and AI to enable spaces to adapt to occupants' needs. The company serves residential, commercial, and public environments globally through products, cloud services, and customizable software platforms.
VivintVivint offers smart home security systems for residential customers, including security hubs, sensors, cameras, and smart locks with professional installation. The company provides 24/7 professional monitoring, home automation controls, and financing options across the United States.
August Home Inc.August manufactures Wi-Fi-enabled smart locks and keypads that allow homeowners to remotely control door access and integrate with voice assistants like Alexa, Siri, and Google Assistant. The company designs smart home security devices for residential consumers without requiring hardware replacement.

Companies working in the same space as Dwelo.

In the news

Level Home, Inc. Acquires and Merges with Dwelo, Inc., Secures $100+M Series Cglobenewswire.com · Nov 2021

Frequently asked questions

What does Dwelo do?
Ambient provides a smart apartment platform for multifamily property owners and developers, offering access control, home automation, and building intelligence alerts across both retrofit and new-build communities. Its tools help staff manage daily operations while giving residents a connected living experience.
Who founded Dwelo?
Dwelo was founded by Mike Rovito in 2014.
Who are Dwelo's investors?
Dwelo's investors include Moderne Ventures, Peterson Ventures.
How much funding has Dwelo raised?
Dwelo has disclosed $114.6M raised across 6 of its 7 known rounds.
Who acquired Dwelo?
Dwelo was acquired by Level Home.
Where is Dwelo headquartered?
Dwelo is headquartered in Pleasant Grove, US.