About Carv
Carv is a company based in London (United Kingdom) founded in 2013 by Pruthvikar Reddy and Jamie Grant. It operates as a Product-as-a-Service. Carv has raised $20.84 million across 9 funding rounds from investors including Consensys, OKX and Tribe Capital. The company has 30 employees as of July 31, 2022. Carv offers products and services including Carv 2. Carv operates in a competitive market with competitors including NURVV, FeetMe, ReTiSense, Snowcookie and Lympik, among others.
- Headquarter London, United Kingdom
- Employees 30 as on 31 Jul, 2022
- Founders Pruthvikar Reddy, Jamie Grant
- Stage Minicorn
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Sectors
Media & EntertainmentTechnology Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Motion Metrics Limited
- Date of Incorporation 24 Sep, 2013
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.84 M (USD)
in 9 rounds
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Latest Funding Round
$10 M (USD), Series A
Apr 25, 2024
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Investors
Consensys
& 9 more
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Employee Count
30
as on Jul 31, 2022
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Products & Services of Carv
Carv offers a comprehensive portfolio of products and services, including Carv 2. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A device providing real-time skiing technique feedback.
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Funding Insights of Carv
Carv has successfully raised a total of $20.84M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series A — $10.0M
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First Round
First Round
(27 Sep 2014)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Carv | Valuation | Tribe Capital , IOSG Ventures | |
| May, 2022 | Amount | Series A - Carv | Valuation |
investors |
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| Jul, 2021 | Amount | Series A - Carv | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Carv
Carv has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Consensys, OKX and Tribe Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Hiro Capital is engaged in venture capital investments.
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Venture capital and accelerator services are provided across multiple sectors.
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Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Carv
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Carv
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carv Comparisons
Competitors of Carv
Carv operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NURVV, FeetMe, ReTiSense, Snowcookie and Lympik, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides wearable garments for monitoring health and fitness data.
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| domain | founded_year | HQ Location |
Provider of smart-connected insoles for gait analysis
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| domain | founded_year | HQ Location |
IoT wearables for fitness monitoring and analytics are developed.
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| domain | founded_year | HQ Location |
Sensor-based devices for tracking ski performance parameters are provided.
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| domain | founded_year | HQ Location |
A video-based analytics platform for sports performance is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Carv
Frequently Asked Questions about Carv
When was Carv founded?
Carv was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Carv located?
Carv is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Carv?
Jamie Grant is the current CEO of Carv. They have also founded this company.
Is Carv a funded company?
Carv is a funded company, having raised a total of $20.84M across 9 funding rounds to date. The company's 1st funding round was a Series A of $1.29M, raised on Sep 27, 2014.
How many employees does Carv have?
As of Jul 31, 2022, the latest employee count at Carv is 30.
What does Carv do?
Carv is established as a provider of digital ski coaching technology. The solution focuses on enhancing skiing techniques through wearable sensors and AI-driven analysis. Personalized tips and real-time audio feedback are delivered to users while skiing. The product caters to skiers of all levels, from beginners to experts, within the sports technology sector. A community of over 50,000 skiers is supported, fostering continuous improvement in skiing skills.
Who are the top competitors of Carv?
Carv's top competitors include FeetMe, Snowcookie and ReTiSense.
What products or services does Carv offer?
Carv offers Carv 2.
Who are Carv's investors?
Carv has 10 investors. Key investors include Consensys, OKX, Tribe Capital, Hiro Capital, and SOSV.
What is Carv's valuation?
The valuation of Carv is $28.9M as of May 2022.