When was Rithmio founded?

Rithmio was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Rithmio located?

Rithmio is headquartered in Champaign, United States.

How many employees does Rithmio have?

As of Jul 01, 2024, the latest employee count at Rithmio is 11 - 50.

Is Rithmio a funded company?

Rithmio is a funded company, having raised a total of $4.24M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Sep 25, 2014.

When was the latest funding round of Rithmio?

Rithmio's latest funding was a $***** Grant (prize money) round on Jan 01, 2016, with participation from 1 investor. Its primary sector is Wearable Technology. In United States, the Wearable Technology sector has seen $1.06B in funding in 2026 to date.

Where does Rithmio rank among its competitors?

Rithmio ranks 5th amongst 9 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Motion Capture Group, which secured $15M in Oct, 2019.

Who are the top competitors of Rithmio?

Rithmio's top competitors include Hillcrest Labs, WeRUN and Thalchemy. Among them, Motion Capture Group secured the most recent funding round in October, 2019.

Rithmio - 2026 Company Profile, Team, Funding & Competitors

Rithmio is a deadpooled company based in Champaign (United States), founded in 2013 by Prashant Mehta and Adam Tilton. It operates as an Application provider for wearable smart device. Rithmio has raised $4.24M in funding. The company has 9 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Hillcrest Labs, WeRUN and Thalchemy.

Company Details

Rithmio developed gesture recognition software for developers to be integrated into smart wearable devices. The company also developed its app called Edge, which can track and record player's motion, like for basketball players how many jump shots they took, athletes and weightlifters can track their workouts and measure progress. In 2013 the company had raised $3.6 million from investors such as KGC Capital Intel Capital, MAS Capital Pvt Ltd., etc. Its app is no longer available in the Play Store and as of May 2019, the website is also non-responsive.

Website: rithmio.com
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Key Metrics

Founded Year

2013

Location

Champaign, United States

Stage

Deadpooled

Total Funding

$4.24M in 3 rounds

Latest Funding Round

Grant (prize money), Jan 01, 2016, $*****

Investors

Intel Capital & 11 more

Ranked

5^th among 9 active competitors

Employee Count

11 - 50 as on Jul 01, 2024

Similar Companies

Hillcrest Labs & 18 more

View Rithmio's full profile

Rithmio has raised a total funding of $4.24M over 3 rounds. Its first funding round was on Sep 25, 2014. Its latest funding round was a Grant (prize money) round on Jan 01, 2016 for $*****. 1 investor participated in its latest round. Rithmio has 12 institutional investors.

Here is the list of recent funding rounds of Rithmio:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2016	5534655	Grant (prize money)	8090221	1435704	9588629	2599603
Jun 25, 2015	9864621	Seed	4187014	3930606	2114346	Intel Capital & 8 more
Sep 25, 2014	3440011	Angel	7266621	6855066	6923408	Fox Ventures & 3 more

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View details of Rithmio's funding rounds and investors

The founders of Rithmio are Prashant Mehta and Adam Tilton.

Here are the details of Rithmio's key team members:

Prashant Mehta: Founder & CTO of Rithmio and founder of 1 other company. They are also an angel investor in 8 startups.
Contact Info: 1 email address
Adam Tilton: Founder of Rithmio and founder of 1 other company.

View details of Rithmio's Founder profiles and Board Members

Rithmio's employee count trend

Rithmio has 11 - 50 employees as of Jul 24. Here is Rithmio's employee count trend over the years:

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Top competitors of Rithmio include Hillcrest Labs, WeRUN and Thalchemy. Here is the list of Top 10 competitors of Rithmio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hillcrest Labs 2001, Rockville (United States), Acquired	Provider of software and hardware for motion control applications	$60.7M	AllianceBernstein, Columbia Capital & 5 others	47/100
2nd	WeRUN 2018, Osaka (Japan), Unfunded	Provider of health management software for the employees	-	-	43/100
3rd	Thalchemy 2012, Menlo Park (United States), Seed	Provider of software for mobile devices and wearables for tracking activities	$650K	Venture Investors, wingspanventures.com & 1 others	36/100
4th	VimoLabs 2013, Santa Clara (United States), Seed	Motion gesture recognition solutions for fitness, sports, and wearables	$1M	-	35/100
5th	Rithmio 2013, Champaign (United States), Deadpooled	Application provider for wearable smart device	$4.24M	Intel Capital, Serra Ventures & 10 others	35/100
6th	Mudra 2018, Tel Aviv (Israel), Unfunded	Provider of a wearable device for gesture recognition	-	-	33/100
7th	Motion Capture Group 2017, Heidelberg (Germany), Series A	Digital solution for chronic MSK conditions	$15M	-	31/100
8th	Kiwi Wearable Technologies 2013, Toronto (Canada), Deadpooled	Motion Recognition Software	$2.5M	Real Ventures, IncWell & 1 others	28/100
9th	Halterix 2018, Toronto (Canada), Unfunded	Provider of AI-based motion recognition software for wearables	-	-	26/100
10th	Gait Up 2013, Renens (Switzerland), Acquired	Provider of digital motion analytics platform	-	MassChallenge, European Innovation Council	24/100