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Shipshape Secures Strategic Investment from Aeotec Americas, A Leading Smart Home Device Maker


News provided by

Shipshape Solutions

May 03, 2023, 09:35 ET

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Aeotec Americas Invests in Shipshape Solutions
Aeotec Americas Invests in Shipshape Solutions

Shipshape, a software company revolutionizing the smart home industry, has secured a strategic investment from Aeotec Americas, a leading smart home hardware provider. The investment solidifies a powerful partnership to accelerate Shipshape's innovation in the smart home space and its mission to help homeowners use technology to save energy, money, and time.

AUSTIN, Texas, May 3, 2023 /PRNewswire-PRWeb/ -- Shipshape, a company on a mission to make all homes safe, reliable, and efficient, today announced that it has secured a strategic investment from Aeotec Americas, a leading provider of smart home hardware solutions. This collaboration will empower homeowners to save money on maintenance and energy by integrating an ecosystem of smart home hardware and other sources of data to power advanced analytics, recommend actions, and connect service providers to reduce risks and improve system performance.

This announcement is timely as consumers are looking to get more out of their smart home devices. According to research from Parks Associates and Connectivity Standards Alliance (CSA) research, for the majority of homeowners with connected devices, the benefit is convenience. For example, smart speakers or smart lighting systems primarily give users the ability to remotely control devices from their mobile phones. Consumers want more value from the smart home. In the same report, Parks and the CSA note that customers are interested in services that go beyond smart home devices, like performance monitoring for their HVAC system and filter change services for their refrigerators.

“Shipshape has created an innovative platform with a straightforward approach that offers homeowners real visibility into the well-being and efficient operation of what is likely their greatest asset,” said Colin Marshall, President of Aeotec Americas.

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This partnership between Shipshape and Aeotec Americas helps consumers unlock the value of their connected products and find new ways to save money on the operation of their homes to reduce home maintenance risks, improve system performance and increase energy efficiency. The platform includes an easy-to-use app, powered by artificial intelligence, and developed by experts with decades of experience in home maintenance and energy management.

"Shipshape has created an innovative platform with a straightforward approach that offers homeowners real visibility into the well-being and efficient operation of what is likely their greatest asset," said Colin Marshall, President of Aeotec Americas.

This investment comes following investment from several industry-leading companies, founders, CEOs, and family offices. Shipshape's Seed Round investors include Alabama Power Company, a subsidiary of Southern Company the second biggest utility in the United States, the President of Signature Homes which is one of the biggest homebuilders in the Southeast, and Glenn Krevlin a consumer expert and former board member of Restoration Hardware.

Aeotec Americas offers a unique depth and breadth of experience in consumer internet of things (IoT). Their team brings decades of experience and proven track record delivering the highest quality, most secure hardware devices available." said Alexander Linn, Shipshape's Founder and CEO.

For over 16 years, Aeotec is known for designing and manufacturing reliable, easy-to-use, and innovative smart home devices. Their products are compatible with a wide range of the most popular smart home platforms. Some of Aeotecs' most popular offerings include their range of Z-Wave and Zigbee smart home sensors and controllers, energy monitoring devices, and smart lighting solutions. Notably, they are the hardware provider that makes a smart home hub for the Samsung SmartThings platform.

As Shipshape continues to form strategic partnerships and secure investments, it further solidifies its position as the leader in next-generation smart home solutions with unprecedented intelligence, advanced analytics, actionable recommendations, and a network of trusted service providers.

About Shipshape Solutions Inc.
Shipshape is on a mission to make homes smart enough to take care of themselves with a vision for every home to be safe, reliable, efficient, and well-maintained. Shipshape's software platform unlocks the value of connected device data to enable a whole new era of the smart home. The company offers solutions to help homeowners save money on maintenance and energy by integrating an ecosystem of smart home hardware and other sources of data to power advanced analytics, recommend actions and connect service providers to reduce risks and improve system performance. The company was founded with philanthropy and sustainability at its core and includes a 2-2-2 model to donate time, money, and product to help give back to the community. For more information, visit shipshape.ai (https://www.shipshape.ai).

About Aeotec Americas.
Aeotec Americas is the exclusive licensee in North America for Aeotec, a leading provider of smart home automation solutions founded in 2006. Aeotec specializes in designing and manufacturing devices that allow homeowners to control and monitor various aspects of their homes, including lighting, security, temperature, and energy usage. Their products are known for their reliability, ease of use, and innovative features, and are compatible with popular smart home platforms, such as Amazon Alexa, and Google Home among others. Aeotec's offerings include Z-Wave and Zigbee smart home sensors and controllers, energy monitoring devices, and smart lighting solutions. For more information, visit: (https://aeotec.us/).

Media Contact

Adam Morrisey, Shipshape Solutions, (205) 207-5775, [email protected]

SOURCE Shipshape Solutions

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