HELTUN closes the first round of funding

We are proud to announce the closing of the first round of funding which will surge our efforts of creating the next generation of smart home products.

Over the past year, HELTUN has produced and distributed the first test batch of its Heating and Fan Coil Thermostats and Touch Panel Switches. From day one, we began regularly checking in with our distributors in order to glean customer feedback and identify how we can help our customers and distributors find the solutions they need. Now the time has come to incorporate all of that valuable information into our products. The insights we received from our customers helped us eliminate the major bottlenecks that they experienced while enriching our products with many new features to support these cases.

HELTUN plans to use this new capital injection for:

  • Redevelopment of existing products on the newest Z-Wave 700 platform

  • Development of new products

  • Launch of full-swing production

  • Expansion of distribution network

“We put the highest standards on ourselves in order to attain excellence at every customer touchpoint, from product packaging and rigorous production quality control to the very best customer service support we can provide,” said Ashot Mashuryan founder and CEO of HELTUN. “We’re going to enter the market with the best products, that will redefine home comfort control with uncompromising style and user experience.”