Vays is now worth four million euros

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

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

With the money raised, the founders of Vays hope to become a leading smart home company. The investors want this too: "Smart home is a hot 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 specific problems and provides customers with very clear benefits," says Jürgen Pleteit, Managing Director of investor Plimo Ventures.

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