/Companies

Lotus Labs

Techstars '23

San Jose, US · 3 known investors

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Lotus makes a wearable ring that controls smart home devices through pointing gestures, requiring no app, WiFi setup, or complex installation. It is designed as assistive technology for home control and independence.

Also known as Lotus

Founders & leadership

ANAnjali Nennelli
Anjali NennelliFounderAnjali Nennelli has over two decades of experience in mobile and emerging technologies, including roles developing software solutions and co-founding Mokriya, a product creation studio that worked with companies including Intel, Google, and Verizon. She is founder of Lotus Labs, which makes a wearable ring for smart home control designed as assistive technology.

Investors · 3

Company profile

researched Sep 2026

Lotus Labs develops a wearable ring that lets users operate objects in the home by pointing at them and clicking a thumb-operated button. The system has two parts: the Lotus Ring, worn on the pointer finger, and magnetically attachable Lotus Switch Covers that snap onto the screws of an existing wall switch. The switch cover face also functions as a large push button that can be pressed anywhere to activate the switch. Any ring works with any switch cover.

The product is positioned as assistive technology for home control and independence, requiring no app, no WiFi and no setup or rewiring. Because it operates offline, the company states no internet connection is needed and user data stays local. Stated hardware attributes include IPX8 waterproofing, all-day wear comfort and months-long battery life, with roughly three one-hour charges needed per year. The company markets the kit as portable across homes, rental properties, family visits and hotel stays, and claims users save over 11 hours of work and 70 percent of typical smart home costs relative to conventional installations.

An outside company-research profile describes the core technology as infrared-based, comparable to a television remote, and characterizes the target market as homeowners and renters seeking portable, minimalist smart home control.

Business model

Lotus Labs sells consumer hardware directly to end users through its own online store. The flagship offering is the Lotus Kit, priced at $499 and containing one ring plus three switch covers, backed by a 45-day money-back guarantee. Rings and switch covers are cross-compatible, so customers can expand coverage by adding more units. Outside research classifies the company's revenue approach as transactional and consumer-facing, and its ownership as bootstrapped.

One-time hardware sales of the Lotus Kit ($499) and its components, sold directly to consumers; an outside profile classifies the revenue type as transactional.

Traction

Company-reported pilot results include 98 percent of pilot users finding setup easy, 94 percent finding the product easy to use, 93 percent reporting increased independence and 90 percent reporting reduced fall risk, alongside a stated 96 percent Net Promoter Score. The company reports 20x growth in organizational partnerships between 2022 and 2025. External listings show 12 employees as of February 2024 and a headcount band of 11-50.

Latest developments

The company is selling the Lotus Kit online with a 45-day return guarantee and publishing pilot-program outcome statistics, including 98 percent of pilot users reporting easy setup, 94 percent reporting ease of use, 93 percent reporting greater independence, 90 percent reporting reduced fall risk, and a 96 percent Net Promoter Score. Its partnership growth chart extends through 2025.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Positioned at the intersection of assistive technology and smart home control, competing with or adjacent to companies such as Intecular, HomeWare, Lono and Brilliantly according to an outside company-research profile, which classifies the main product category as home automation and tags the company as hardware and IoT at pre-seed stage.

The system avoids the installation, connectivity and configuration burden of conventional smart home platforms: no app, no WiFi pairing, no rewiring, and magnet-mounted switch covers that attach over existing wall switches. Operating fully offline is presented as a privacy advantage, and long battery life (about three charges per year) plus IPX8 waterproofing and universal ring-to-cover compatibility are cited as practical benefits for daily assistive use.

Technology

A wearable ring with a thumb-accessible button that directionally targets a paired magnetic switch cover mounted over an existing wall switch. An outside profile describes the underlying mechanism as infrared, similar to a TV remote. The system runs entirely offline without internet connectivity. Hardware specifications cited by the company include IPX8 waterproofing and battery life supporting roughly three one-hour charges per year for both ring and switch covers.

Go-to-market

Direct-to-consumer sales via the company's website, supported by video testimonials from users including wheelchair users, people with multiple sclerosis, amputees, veterans with low vision and caregivers. The company also cites endorsements from disability-services leaders, including the executive director of Southern Adirondack Independent Living and a director at Adapt Community Network, and reports growth in organizational partnerships since 2022, indicating a parallel channel through independent-living and disability service organizations. Participation in the Techstars Future of Longevity accelerator in 2023 connects the company to the aging and longevity ecosystem.

People with mobility, dexterity or vision limitations and their caregivers -- including wheelchair users, people with multiple sclerosis, spinal cord injuries, amputations and post-surgical fall risk, veterans with low vision, and independent seniors -- as well as disability-service and independent-living organizations. An outside profile also describes homeowners and renters seeking portable, minimalist smart home control.

Geography

Headquartered in San Jose, California, with additional location listings in San Jose (Stokes). The online store transacts in US dollars for the United States; an outside profile characterizes the company's geographic exposure as global.

History

The company was founded in 2021 and is headquartered in San Jose, California. Its own materials chart growth in organizational partnerships from 2022 through 2025, describing a roughly twentyfold increase over that period. In 2023 it participated in the Techstars Future of Longevity accelerator. Third-party profiles listed 12 employees as of February 2024 and a headcount band of 11-50, with the company categorized at pre-seed stage.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesFeb 202412 people
Growth in organizational partnerships since 2022Jan 202520x
Headcount rangeJan 202511-50 employees
Lotus Kit priceJan 2025$499
Net Promoter ScoreJan 202596%
Pilot users reporting ease of useJan 202594%
Pilot users reporting easy setupJan 202598%
Pilot users reporting increased independenceJan 202593%
Pilot users reporting reduced fall riskJan 202590%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 2

launches, deals, and filings
Jan 2025
Lotus Kit offered for sale at $499 (1 ring + 3 switch covers)

The company sells the Lotus Kit, comprising one Lotus Ring and three magnetically attachable Switch Covers, directly through its website with a 45-day money-back guarantee.

$499 source ↗

Jan 2023
Participated in Techstars Future of Longevity accelerator

Lotus Labs took part in the Techstars: Future of Longevity accelerator program in 2023.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Lotus Labs do?
Lotus Labs makes a wearable ring and magnetic switch covers that let users control home devices by pointing, with no app or WiFi.
Who founded Lotus Labs?
Lotus Labs was founded by Anjali Nennelli.
Who are Lotus Labs's investors?
Lotus Labs's investors include 1843 Capital, Cake Ventures, Techstars.
Where is Lotus Labs headquartered?
Lotus Labs is headquartered in San Jose, US.