About Doublepoint
Doublepoint is a company based in Helsinki (Finland) founded in 2020 by Eemil Visakorpi, Jamin Hu, Ohto Pentikainen, and Lauri Tuominen. It operates as a Product-as-a-Service. Doublepoint has raised $3.25 million across 1 funding round from investors including Finpro, FOV Ventures and Superhero Capital. Doublepoint offers products and services including Doublepoint Kit and WowMouse. Doublepoint operates in a competitive market with competitors including Vicara, Wearable Devices, H2L, Neurosteer and 6Degrees, among others.
- Headquarter Helsinki, Finland
- Founders Eemil Visakorpi, Jamin Hu, Ohto Pentikainen, Lauri Tuominen
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Sectors
Technology
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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 Doublepoint Technologies Oy
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.25 M (USD)
in 1 rounds
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Latest Funding Round
$3.25 M (USD), Seed
May 15, 2023
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Investors
Finpro
& 3 more
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Employee Count
Employee Count
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Products & Services of Doublepoint
Doublepoint offers a comprehensive portfolio of products and services, including Doublepoint Kit and WowMouse. 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.
Gesture recognition solution for AR/VR and wearables integration.
Gesture-based control system for intuitive device interaction.
Funding Insights of Doublepoint
Doublepoint has successfully raised a total of $3.25M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.25 million completed in May 2023. 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 1
- Last Round Seed — $3.3M
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First Round
First Round
(15 May 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Seed - Doublepoint | Valuation |
investors |
| 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 |
Investors in Doublepoint
Doublepoint has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Finpro, FOV Ventures and Superhero 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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Early-stage investments are made in computing technology ventures.
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Founded Year | Domain | Location | |
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Superhero Capital is focused on seed funding for startups.
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Founded Year | Domain | Location | |
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Venture capital firm focused pre-seed and seed stage investments
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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 Doublepoint
| 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 - Doublepoint
| 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 |
Doublepoint Comparisons
Competitors of Doublepoint
Doublepoint 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 Vicara, Wearable Devices, H2L, Neurosteer and 6Degrees, 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 |
Wearable devices for detecting hand gestures are developed.
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| domain | founded_year | HQ Location |
Smart watch straps are created for gesture-controlled device operation.
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| domain | founded_year | HQ Location |
Smart bands for hand gesture tracking in VR are developed.
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| domain | founded_year | HQ Location |
Developer of a wearable band and a cloud platform for monitoring brain signals
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| domain | founded_year | HQ Location |
AI-based motion-sensing wristbands are developed for connected object control.
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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 Doublepoint
Frequently Asked Questions about Doublepoint
When was Doublepoint founded?
Doublepoint was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Doublepoint located?
Doublepoint is headquartered in Helsinki, Finland.
Who is the current CEO of Doublepoint?
Ohto Pentikainen is the current CEO of Doublepoint. They have also founded this company.
Is Doublepoint a funded company?
Doublepoint is a funded company, having raised a total of $3.25M across 1 funding round to date. The company's 1st funding round was a Seed of $3.25M, raised on May 15, 2023.
What does Doublepoint do?
Gesture recognition technology is provided by Doublepoint for next-generation computing platforms. Solutions are focused on intuitive and versatile interactions for wearables, ARVR, IoT, and smartwatches. The technology is integrated through developer kits to enhance user experience across various sectors.
Who are the top competitors of Doublepoint?
Doublepoint's top competitors include Wearable Devices, Vicara and H2L.
What products or services does Doublepoint offer?
Doublepoint offers Doublepoint Kit and WowMouse.
Who are Doublepoint's investors?
Doublepoint has 4 investors. Key investors include Finpro, FOV Ventures, Superhero Capital, and Superangel.
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