Vays is now worth four million euros

The smart home start-up also raised a six-figure sum. Investor Plimo Ventures is a new investor.

Seven months after its founding, the Hanover-based smart-home start-up Vays has closed its seed financing round with a valuation of four million euros. In the process, the company raised a mid-six-figure amount. The company did not disclose the exact amount. In the current round, the investor Plimo Ventures stepped in.

With the money raised, Vays' founders hope to become a leading smart home company. The investors hope so too: "Smart home is a current topic that offers great potential. That's why Vays convinced me right from the start as a provider of all-round carefree packages in the smart home sector, because it solves concrete problems and gives the customer a very clear benefit," says the managing director of investor Plimo Ventures Jürgen Pleteit.

Vays wants to offer its customers smart home packages that are to be independent of manufacturers. Part of it is personal consulting and processing by partner installers. CEO Joshua Helmchen and COO Mustafa Azim founded the start-up last year. The company builder Breakeven, based in Uetze in Lower Saxony, supports the company.