Innovative Smart Lighting Haven Lighting's focus on fully customized, full-color smart lighting systems offers a compelling value proposition for clients seeking advanced, user-friendly exterior and landscape lighting solutions, presenting opportunities for upselling integrated smart technologies.
Expansion Potential The recent office expansion to Erlanger, Kentucky suggests growth momentum and an increased capacity to serve new markets or larger projects, opening avenues for targeted outreach to larger commercial developers and facility managers.
Technological Edge Leveraging a cloud-based platform with automatic feature updates and dedicated support positions Haven Lighting as a premium provider, enabling cross-selling of ongoing service or subscription-based offerings to enhance recurring revenue.
Market Differentiation Compared to larger competitors, Haven Lighting’s focus on innovative, fully customizable systems allows for niche marketing targeting boutique, high-end projects, and environmentally conscious clients interested in modern smart lighting solutions.
Financial Growth Opportunities With revenues estimated under $10M but significant industry presence, there is potential to expand sales efforts toward mid-sized commercial and municipal contracts, aligning product offerings with market demand for sustainable and smart outdoor lighting.