Hammerhead - About the company
Hammerhead is an acquired company based in New York City (United States), founded in 2012 by Laurence Wattrus, Pieter Morgan and Raveen Beemsingh. It operates as a Provider of smart bike navigation systems. Hammerhead has raised $18.3M in funding from KB Partners and Primary Venture Partner. The company has 14 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like See.Sense, BikeCompanion and Ride Spot.
Company Details
Hammerhead is a provider of smart bike navigation systems. It offers a tool that guides cyclists to & through the safest & bike routes with intuitive light patterns. Their app drives the device via Bluetooth from a safely stowed smartphone. The device works well with a smartphone connected to the internet for the route search. The device can also be used to share new routes and locations.
- Website
- www.hammerhead.io/
- Registered Address
- 1887 WHITNEY MESA DR,HENDERSON,NV,89014.0,0
Key Metrics
Founded Year
2012
Location
New York City, United States
Stage
Acquired
Total Funding
$18.3M in 4 rounds
Latest Funding Round
Investors
Ranked
2nd among 14 active competitors
Employee Count
62 as on May 31, 2026
Exit Details
Acquired by SRAM (Jan 19, 2022)
Legal entities associated with Hammerhead
Hammerhead is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HAMMERHEAD NAVIGATION INC CIN: 32079313451 , United States, Active | - | - | - |
Hammerhead's acquisition details
Hammerhead got acquired by SRAM on Jan 19, 2022.
Click here to take a look at Hammerhead's acquisition in detail
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Hammerhead's funding and investors
Hammerhead has raised a total funding of $18.3M over 4 rounds. Its latest funding round was a Angel round on May 26, 2021 for $*****. 1 investor participated in its latest round. Hammerhead has 13 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Hammerhead:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 26, 2021 | 5258864 | Angel | 7086223 | 7116081 | 4767523 | 9634392 |
Mar 07, 2019 | 4381272 | Seed | 4233179 | 5447745 | 5995371 | |
Dec 03, 2013 | 5238447 | Seed | 2882612 | 2847820 | 5165324 |
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Hammerhead's founders and board of directors
Founder? Claim ProfileHere are the details of Hammerhead's key team members:
- Laurence Wattrus: Co-Founder & Head of Program Mangement of Hammerhead.
- Pieter Morgan: Founder & CEO of Hammerhead.
- Raveen Beemsingh: Co-Founder of Hammerhead and founder of 1 other company. Contact Info: 1 email address
View details of Hammerhead's Founder profiles and Board Members
Hammerhead's employee count trend
Hammerhead has 62 employees as of May 26. Here is Hammerhead's employee count trend over the years:
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Hammerhead's Competitors and alternates
Top competitors of Hammerhead include See.Sense, BikeCompanion and Ride Spot. Here is the list of Top 10 competitors of Hammerhead, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | See.Sense 2013, Newtownards (United Kingdom), Seed | Develops smart lights for cycles, and sensors for collecting data about city road systems | $1.66M | 59/100 | |
2nd | Hammerhead 2012, New York City (United States), Acquired | Provider of smart bike navigation systems | $18.3M | 59/100 | |
3rd |  BikeCompanion 2022, France, Unfunded | Developer of a route planning platform for cycling | - | - | 45/100 |
4th |  Ride Spot 2012, Madison (United States), Seed | App-based platform offering navigation an activity recording for bicycle riders | $550K | - | 40/100 |
5th |  Urban Biker 2016, Zagreb (Croatia), Unfunded | App-based platform to keep a track of cycling and hiking activites | - | - | 37/100 |
6th | Bike navigation app | - | - | 37/100 | |
7th | AI-based bicycle safety solution for cyclists | - | - | 24/100 | |
8th |  Forenzo 2011, s Hertogenbosch (Netherlands), Unfunded | App-based platform offering activity recording for bicycle riders | - | - | 24/100 |
9th |  Trimm 2018, Seoul (South Korea), Funding Raised | Tech-enabled activity recording and route management solution for bicycles | - | 21/100 | |
10th |  Afstandmeten 2006, Netherlands, Unfunded | Online platform offering navigation and activity recording solutions | - | - | 20/100 |
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Hammerhead's Investments and acquisitions
Hammerhead has made no investments or acquisitions yet.
Reports related to Hammerhead
Here is the latest report on Hammerhead's geography:
News related to Hammerhead
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SRAM owned Hammerhead partners with Suunto to expand capabilitiesCyclingIndustry•Apr 22, 2022•Hammerhead, Suunto, SRAM
•
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SRAM acquires Hammerhead, maker of the Karoo 2 cycling computerCyclingIndustry•Jan 19, 2022•Hammerhead, SRAM
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Froome makes financial investment in Hammerhead, joins advisory boardBicycle Retailer•May 27, 2021•Hammerhead, Primary Venture Partner, KB Partners, Courtside Ventures
•
Oi partners with immersive media companyBailiwick Express•Apr 12, 2019•Hammerhead, Oi Group, Oi, Say It Now and 1 other
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Hammerhead raises $4.2M to build a smarter operating system for bikestechnewsuniverse.com•Mar 07, 2019•Hammerhead
•
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