Marcy Venture Partners

Venture Capital and Private Equity Principals

Facts

HQ
San Francisco, California, US
Sectors
Venture Capital and Private Equity Principals
Founded
2018
Employees
5

Wyze Labs starts preorders for $29.99 AI-enabled Wyze Floor Lamp as startup reveals rapid product growth

Seattle-based Wyze Labs began preorders for a $29.99 Wyze Floor Lamp with an AI-learning Bluetooth remote and has launched 17 products in the past year as part of 30 total products. The four-year-old startup employs about 160 people, has over 5 million community users, and has raised $36 million to date including a $15 million round in July 2020 with investment from Marcy Venture Partners.

Wyze Labs raises $15M in Series A-1 (additional $5M) with investment from Jay-Z’s Marcy Venture Partners, plans thermostat and video doorbell

Wyze Labs raised an additional $5 million in a Series A-1 round—bringing $15 million in new funds—to expand its smart-home products, with investment from Marcy Venture Partners, co-founded by Jay-Z. The Seattle startup plans new devices including a thermostat and video doorbell and has raised $36 million to date.

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