Wyze
Smart home technology
- 201-500 employees
- B2C
- Lifestyle
- Home improvement
- Consumer Goods
- eCommerce
- Accessibility
- Lakeview, Kirkland, WA
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Company mission
To make great technology accessible to everyone.
Our take
Wyze, which was co-founded by a trio of ex-Amazon managers, sells an ever-growing range of smart home products, from cameras to speakers, vacuum cleaners to lighting. The company has made its name by providing these products at considerably lower prices than its competitors.
Though Wyze’s affordable tech model has seen it grow tremendously since being founded in 2017, it hasn’t all been smooth sailing. Indeed, some stark security issues with its home cameras were uncovered in early 2022. There’s also been quite an uproar surrounding Google and Amazon’s admission to being open to sharing home camera data with the police without a warrant. It’s worth noting however that Wyze is one of a handful of smart home camera makers that have promised not to do this.
Despite a lack of trust in smart home cameras in some quarters, there is still a huge and growing consumer demand for smart home devices in general. It’s estimated that around 130 million households worldwide have at least one smart speaker for example – a number that’s forecast to treble over the next few years.
Wyze will no doubt continue to champion its range of cameras. Indeed it even recently committed to upgrading them with AI technology after a major round of funding. However, the fact that the company also supplies such a wide range of other products offers a great fall-back option.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Wyze employee product perks: When Wyze employees join, you will have the opportunity to select up to three products to try (pending availability based on inventory)
- 12 Holidays - 8 set holidays and 4 Floating Holidays for you to use however you choose
- For most roles, we support a 100% remote work environment for applicants who reside in the following states: California, Oregon, Pennsylvania, Texas, Utah, Virginia, and Washington.
- Wyze has a full benefits package through Premera Blue Cross. This includes Medical, Dental, Vision, Basic Life Insurance, Voluntary Life Insurance, EAP, Short-term disability, Long-term disability, FSA, and Daycare FSA. Employee premiums will be paid 100%, and 80% paid premium for dependents.
- 24 days of PTO every year
- Additional Wyze anniversary vacation days
- Principal 401k Plan
- Employees will also have the opportunity to sign up for Wyze software services once they are launched
- Rosetta Stone reimbursement if you'd like to learn Mandarin
- $50 a month reimbursed as a technology stipend - taxes apply
- Generous employee discount on Wyze products
Funding (last 2 of 4 rounds)
Jul 2021
$110m
SERIES B
Jul 2020
$5m
SERIES A
$145m
Total funding
This company has top investors
Leadership
Yun Zhang
(CEO)Industrial & System Engineering External Advisory Board Member at The University of Washington. Spent three years in management roles at Amazon, before co-founding two startups; drone and copter e-commerce company Coptershop, and marketing and sales agency LaunchWorks.
Dave Crosby
(CMO)Previously worked in Senior Creative roles for Atomic City and Autel Robotics. Former Senior Associate at accounting firm Teuscher Ruf & Walpole. Worked in Senior Management at Amazon, where they met Wyze co-founders Yun Zhang and Dongsheng Song.
Dongsheng Song
(CPO)Worked for Microsoft between 2008 and 2011, managing the global supply plan for the Xbox console, before joining Amazon as a Senior Instock Manager. Directed supply chain at Coptershop, then became Vice President of Autel Robotics.