N

Netatmo

Direct-to-consumer IoT smart home devices

Overview

Netatmo makes smart home devices for safety, comfort, and energy management, selling directly to consumers and through its with Netatmo program to embed products in buildings. Its devices—cameras, sensors, thermostats, valves, and weather stations—work with on-device processing to protect privacy, while weather stations feed a crowdsourced hyperlocal weather map for other companies. It sets itself apart by combining direct-to-consumer sales with building-industry partnerships and by keeping most features usable without a subscription. Its goal is to grow a connected, energy-efficient, and safe home ecosystem through product development and Eliot program collaborations backed by Legrand.

Work here?Claim your company

About Netatmo

Simplify's Rating
Why Netatmo is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsHardwareConsumer SoftwareConsumer Goods

Company Size

201-500

Company Stage

Series B

Total Funding

$38M

Headquarters

Boulogne-Billancourt, France

Founded

2011

Get referred to Netatmo

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • January 2026 Thermostat Original and Outdoor Camera Original refresh dated products and pricing.
  • Legrand's H1 2026 sales rose 17% excluding currency, funding more connected-home investment.
  • Home + Control and Home + Security unify Netatmo devices, improving retention and upsell.

What critics are saying

  • Netatmo shut U.S. and Canada e-commerce on June 1, 2026, shrinking North American reach.
  • The 2026 smart lock competes directly with Yale, Nuki, and Somfy in Europe.
  • Legrand's 2026 growth focus centers datacenters and energy transition, leaving Netatmo strategically secondary.

What makes Netatmo unique

  • Netatmo's Matter-enabled 2026 Original lineup keeps subscription-free controls and privacy-first processing.
  • Legrand's 2018 acquisition gives Netatmo manufacturing scale and distribution through Eliot and with Netatmo.
  • The 2026 smart lock uses encrypted Bluetooth, Euro cylinders, and offline operation against hacking.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$38M

Below

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$33M
$45M
$65M
$100M

Benefits

  • Health Insurance
  • Meal Benefits
  • Commuter Benefits
  • Remote Work Options
  • Gym Membership
  • Professional Development Budget
  • Training Programs
  • Home Office Stipend
  • Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
T3
Oct 19th, 2023
Netatmo launches first ever smart door lock that will convert smart lock sceptics

Netatmo launches first ever smart door lock that will convert smart lock sceptics.

Mighty Gadget
Oct 12th, 2023
Netatmo Finally Launches Its Long-Awaited Smart Door Lock & Keys After 3 Year Wait

Now after a lengthy development period, Netatmo has finally released the smart lock system in select European countries.

HomeKit News and Reviews
Oct 10th, 2023
Netatmo (Finally) Releases its First Smart Lock

Netatmo today released its first smart lock for Eurocylinder-style doors, in what can only be described as a long wait for, well, not much to show for it.

Digital Journal
Sep 13th, 2023
Smart Lock Market Worth $5.53 Billion by 2029 - Exclusive Report by Meticulous Research®

For instance, in 2020, Netatmo, a French home-based smart device manufacturer, launched its Smart Door Lock and Keys that support Apple's HomeKit standard.

9to5Mac
May 12th, 2023
Netatmo launches HomeKit Smart AC Controller

Ahead of summer arriving in the Northern Hemisphere, Netatmo has launched its clever new Smart AC Controller that works with virtually any air conditioner that has an infrared remote with a screen.

Recently Posted Jobs

Sign up to get curated job recommendations

Netatmo is Hiring for 6 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs