When was Thalchemy founded?

Thalchemy was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Thalchemy located?

Thalchemy is headquartered in Menlo Park, United States.

How many employees does Thalchemy have?

As of Apr 30, 2026, the latest employee count at Thalchemy is 3.

Is Thalchemy a funded company?

Thalchemy is a funded company, having raised a total of $650K across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jul 01, 2013.

When was the latest funding round of Thalchemy?

Thalchemy's latest funding was a $***** Grant (prize money) round on Apr 01, 2017, with participation from 1 investor.

Where does Thalchemy rank among its competitors?

Thalchemy ranks 105th amongst 610 active competitors, of which 87 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Whoop, which secured an undisclosed amount in Mar, 2026.

Who are the top competitors of Thalchemy?

Thalchemy's top competitors include Withings, Fitbit and Whoop. Among them, Whoop secured the most recent funding round in March, 2026.

Thalchemy - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of software for mobile devices and wearables for tracking activities. The software can be integrated with the wearables to add gesture & voice control, and activity tracking features. The software also provides activity and exercise monitoring features using sensors in the device. The capabilities of a device can be easily expanded just by providing sensor data patterns.

Website: thalchemy.com
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Key Metrics

Founded Year

2012

Location

Menlo Park, United States

Stage

Seed

Total Funding

$650K in 5 rounds

Latest Funding Round

Grant (prize money), Apr 01, 2017, $*****

Investors

Venture Investors & 2 more

Ranked

105^th among 610 active competitors

Employee Count

3 as on Apr 30, 2026

Similar Companies

Withings & 965 more

View Thalchemy's full profile

Thalchemy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Thalchemy Corp CIN: 461226143 , United States, Active	Dec 31, 2011	-	-	-

Thalchemy has raised a total funding of $650K over 5 rounds. Its first funding round was on Jul 01, 2013. Its latest funding round was a Grant (prize money) round on Apr 01, 2017 for $*****. 1 investor participated in its latest round. Thalchemy has 3 institutional investors.

Here is the list of recent funding rounds of Thalchemy:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 01, 2017	4737597	Grant (prize money)	9135905	8621474	4787135	6357716
Jan 01, 2016	6264620	Grant (prize money)	7509344	9570083	3529233	National Science Foundation
Dec 01, 2014	3994404	Grant (prize money)	7701559	4213492	1699805	National Science Foundation

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View details of Thalchemy's funding rounds and investors

The founders of Thalchemy are Atif Hashmi, Mikko Lipasti and Andrew Nere.

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

Atif Hashmi: Co-Founder & CTO of Thalchemy.
Mikko Lipasti: Co-Founder & Chief Scientist of Thalchemy.
Andrew Nere: Co-Founder & CDO of Thalchemy.
Contact Info: 1 email address

View details of Thalchemy's Founder profiles and Board Members

Thalchemy's employee count trend

Thalchemy has 3 employees as of Apr 26. Here is Thalchemy's employee count trend over the years:

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Top competitors of Thalchemy include Withings, Fitbit and Whoop. Here is the list of Top 10 competitors of Thalchemy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Withings 2008, Moulineaux (France), Acquired	Developer of an array of connected products	$93.8M	Bpifrance, Gilde Healthcare & 8 others	83/100
2nd	Fitbit 2007, San Francisco (United States), Acquired	Internet-first brand offering smartwatches and fitness trackers	$65.1M	Felicis Ventures, SoftBank Capital & 17 others	78/100
3rd	Whoop 2012, Boston (United States), Series G	Provider of wearable fitness trackers that monitor health and wellness data	$979M	Collab Fund, Founder Collective & 68 others	74/100
4th	AliveCor 2010, Mountain View (United States), Series F	Developer of remote cardiac monitoring solutions and related analysis software	$114M	Mayo Clinic Business Accelerator, Khosla Ventures ... & 17 others	74/100
5th	Shot Scope 2014, Edinburgh (United Kingdom), Series B	Provider of wearable devices for golf performance tracking	$23.3M	Guinness Global Investors, Virgin Money & 34 others	67/100
6th	Garmin International 1989, Olathe (United States), Public	Provider of smartwatches, wearable technology, marine equipment, and aviation products	-	Europa	65/100
7th	Zepp Labs 2011, San Jose (United States), Acquired	Developer of wearable devices and digital health management platform solutions	$20M	GGV Capital, Morningside & 14 others	65/100
8th	STATSports 2008, Newry (United Kingdom), Acquired	Players performance tracking solution	-	Tech Nation	64/100
9th	Spacetalk 2003, Adelaide (Australia), Public	Provider of application, wearable devices, and mobile plans for families	-	-	62/100
10th	Suunto 1936, Vantaa (Finland), Acquired	Developer of smartwatches for sport and fitness activities	-	-	62/100
105th	Thalchemy 2012, Menlo Park (United States), Seed	Provider of software for mobile devices and wearables for tracking activities	$650K	Venture Investors, National Science Foundation ... & 1 others	36/100