Homely raised $1.3 million from Schibsted.

Norway Sweden Investments 04 December 2019
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Homely, an Oslo, Norway-based company providing a smart home alarm solution, announced that it secured a NOK 12M ($1.3 million) capital investment.

The money was provided by the investment arm of the Norwegian media company Schibsted, which will control 12% of the company's shares.

Homely, founded in 2019 by investor Nadir Nalbant, provides a subscription service for smart alarms for residential properties. Homely uses a modern platform connected to an FG approved alarm station. The platform is open, which provides, among other things, great flexibility in terms of which components can communicate with Homely's central.