HaptX - About the company
HaptX is a series B company based in San Luis Obispo (United States), founded in 2012 by Jake Rubin and Robert Crockett. It operates as a Provider of wearable devices for motion tracking. HaptX has raised $58M in funding from investors like Verizon, Keeler Investments Group and Dawn Patrol Ventures. The company has 63 active competitors, including 17 funded and 6 that have exited. Its top competitors include companies like Shadow Robot, Noitom and Diver-X.
Company Details
Provider of wearable devices for motion tracking. It uses its patented microfluidic technology that lets the user track movement, texture, and temperature of objects. It consists of multiple pneumatic actuators and embedded microfluidic air channels that provide feedback by pushing against the users' skin. Its technology can be integrated into fabrics such as gloves and full bodysuits.
- Website
- haptx.com
- Email ID
- *****@haptx.com
- Registered Address
- San Luis Obispo, California
Key Metrics
Founded Year
2012
Location
San Luis Obispo, United States
Stage
Series B
Total Funding
$58M in 8 rounds
Latest Funding Round
Ranked
1st among 63 active competitors
Employee Count
25 as on Dec 31, 2022
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Legal entities associated with HaptX
HaptX is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Haptx Inc. CIN: 814098289 , United States, Active | Dec 26, 999 | - | 36 (As on Dec 31, 2023) | - |
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HaptX's funding and investors
HaptX has raised a total funding of $58M over 8 rounds. Its first funding round was on 2014. Its latest funding round was a Grant (prize money) round on Sep 30, 2023 for $*****. 1 investor participated in its latest round. HaptX has 16 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of HaptX:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 30, 2023 | 8662511 | Grant (prize money) | 7572349 | 2369681 | 7899304 | 9719261 |
Sep 15, 2022 | 8910077 | Series B | 4858703 | 2928579 | 8479428 | |
Nov 24, 2021 | 8060896 | Conventional Debt | 1218635 | 5177312 | 8481975 |
View details of HaptX's funding rounds and investors
HaptX's founders and board of directors
Founder? Claim ProfileHere are the details of HaptX's key team members:
- Jake Rubin: Co-Founder & CEO of HaptX and founder of 1 other company. Contact Info: 2 email addresses
- Robert Crockett: Co-Founder of HaptX.
HaptX's Board of Directors
HaptX's board has 12 active members. Amit Kapur, Simon Zhu, Rick Rubin, Jake Rubin, Paul Matthaeus, tom rubin, Mark Kroese, Marc Droppert, Robert Crocket, Cynthia Hartwig, Alicia Evans and Joe Michaels are independent board members.Here is the list of HaptX's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 8y 3m | |
zhmontw | Independent board member | - | Current | 1y 8m |
ohrmdyu | Independent board member | - | Current | 9y 1m |
jgjgddf | Independent board member | - | Current | 7y 7m |
lkg{tlj | Independent board member | - | Current | 7y 2m |
{{cxwfn | Independent board member | - | Current | 9y 3m |
gxqjo{p | Independent board member | - | Current | 8y 6m |
sstsmxl | Independent board member | - | Current | 3y 5m |
cqhohmr | Independent board member | - | Current | 9y 4m |
w{za{c{ | Independent board member | - | Current | 2y 3m |
gbhjtde | Independent board member | - | Current | 4y 3m |
pxrsrtz | Independent board member | - | Current | 7y 2m |
View details of HaptX's Founder profiles and Board Members
HaptX's employee count trend
HaptX has 25 employees as of Dec 22. The total employee count is 79.0% more than what it was in Dec 21. Here is HaptX's employee count trend over the years:
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HaptX's Competitors and alternates
Top competitors of HaptX include Shadow Robot, Noitom and Diver-X. Here is the list of Top 10 competitors of HaptX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HaptX 2012, San Luis Obispo (United States), Series B | Provider of wearable devices for motion tracking | $58M | 65/100 | |
2nd | Shadow Robot 1987, London (United Kingdom), Funding Raised | Developer of advanced dexterous robotic hands and teleoperation systems | - | 53/100 | |
3rd | Developer of motion capture systems and related technologies | $25M | 51/100 | ||
4th | Developer of haptic gloves for VR input | - | 49/100 | ||
5th | Cybernetyx 2009, Rinteln (Germany), Unfunded | Provider of glove based gesture tracking solution for VR applications | - | - | 43/100 |
6th | MetaVC Partners 2020, United States, Unfunded | Provider of a touchless and wireless system for various industries | - | - | 42/100 |
7th | SensAble Technologies 1993, Woburn (United States), Acquired | Developer of 3D touch-enabled modelling system | $34.9M | 41/100 | |
8th | Novasentis 2006, Berkeley (United States), Series D | Online platform offering electro-mechanical polymer based haptic actuators | $30.4M | 38/100 | |
9th | OMMO 2015, Dallas (United States), Seed | Developer of 3D tracking technology powered by permanent magnets | $1M | 37/100 | |
10th | AnthroTronix 1999, United States, Funding Raised | Wearable computing and robotic control systems and simulation tools | - | 37/100 |
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HaptX's Investments and acquisitions
HaptX has made no investments or acquisitions yet.
Reports related to HaptX
Here is the latest report on HaptX's sector:
News related to HaptX
Media has covered HaptX for 1 event in last 1 year, It was about company updates.
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HaptX: Closes $23M Funding RoundFintechinshorts•Sep 18, 2022•HaptX, AIS, Crescent Cove Advisors, Verizon and 1 other
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Haptx raises $23M for full-body VR touch platformVentureBeat•Sep 15, 2022•HaptX, AIS, Crescent Cove Advisors, Verizon and 4 others
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Crescent Cove Provides $4MM Investment in HaptXABFJournal•Nov 24, 2021•HaptX, Crescent Cove Advisors, Verizon Ventures, Taylor Frigon Capital Management and 1 other
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Redmond startup calls out Meta over touchy technologyThe Business Journals•Nov 23, 2021•Facebook, HaptX
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HaptX Advances Vision for Full-Body Haptics With Haption PartnershipVRFocus•Oct 27, 2021•HaptX, Haption
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