About Caaresys
Caaresys is a Technology company based in Netanya (Israel) founded in 2016 by Vadim Kotlar, and was acquired by Harman International in September 2022. Developer of a sensor to monitor vital signs and track vehicle cabin occupancy. It operates in the Technology and Transportation, Automotive & Logistics sectors. The company was acqui-hired. Its focus areas include Connected Vehicles, Safety and Security, Cabin Monitoring and Auto Tech. Its competitors include Guardian Optical Technologies and ContinUse Biometrics; 2 of its 2 listed competitors have raised funding.
Company details
CaareSys was founded in 2016 in Netanya, Israel, focusing on automotive sensor technology. A dual-purpose contactless micro radar sensor is developed to track cabin occupancy and passenger numbers while measuring heart and respiratory rates. RF waves are emitted to transmit data for cloud-based analysis against stored logs, enabling condition interpretation. Alerts are issued to mobile devices or vehicle alarms upon detection of potential risks.
- Headquarters Netanya, Israel
- Founders Vadim Kotlar
- Stage Acquired
- SectorsTechnologyTransportation, Automotive & Logistics
- Website caaresys.com
- Social LinkedIn X
- Acquired by Harman International (Sep 2022)
- Latest Funding Round$55.99K (USD), Grant
Jun 2019
- InvestorsHarman International
& 1 more
- Acquired byHarman International
(Sep 2022)
Funding Insights of Caaresys
- Total Rounds 1
- Last Round Grant — $55,992
- First Round $55,992
(Jun 2019)
- Investors Count 1
All 1 funding rounds of Caaresys with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2019 | $55,992 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Caaresys
Caaresys has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Harman International and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Provider of infotainment and audio solutions for multiple sectors | 1980 | harman.com | Stamford, United States |
Investor details for Caaresys
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People of Caaresys
3 people are tracked at Caaresys (3 in leadership).
| Name | Role | Group |
|---|---|---|
Vadim Kotlar | Co-Founder & CTO | Leadership |
Ilya Sloushch | CEO | Leadership |
Alexander Arshavski | VP, R&D | Leadership |
Complete people profiles for Caaresys
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Timeline of Caaresys
3 dated milestones of Caaresys across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Caaresys is founded.
- Funding First funding round of $56K.
- Exit Acquired by Harman International.
Competitors of Caaresys
Caaresys has 2 listed competitors in our database, 2 of them funded. They include Guardian Optical Technologies and ContinUse Biometrics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| guardian-optech.com | 2014 | Tel Aviv, Israel | $10.7M | 3D optical sensor for in-car human motion detection is developed. | ||
| cu-bx.com | 2015 | Tel Aviv, Israel | $21M | Contactless biometric sensor for the continuous monitoring of biomedical parameters |
Detailed competitors of Caaresys
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Frequently Asked Questions about Caaresys
Caaresys was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Caaresys is headquartered in Netanya, Israel. It is registered at Netanya, Central District, Israel.
CaareSys was founded in 2016 in Netanya, Israel, focusing on automotive sensor technology. A dual-purpose contactless micro radar sensor is developed to track cabin occupancy and passenger numbers while measuring heart and respiratory rates. RF waves are emitted to transmit data for cloud-based analysis against stored logs, enabling condition interpretation. Alerts are issued to mobile devices or vehicle alarms upon detection of potential risks.
Caaresys's top competitors include Guardian Optical Technologies and ContinUse Biometrics.
Caaresys has 2 investors. Key investors include Harman International, and European Union.
Yes. Caaresys was acquired by Harman International in September 2022.