ElastiSense

Aabenraa, Denmark Founded: 2016 • Age: 10 yrs
Displacement sensors are manufactured using Electroactive Polymer technology.
Annual revenue - Latest available
Total funding $404,478 2 rounds
Employees 4 Tracked headcount
Investors 1 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About ElastiSense

ElastiSense is a company based in Aabenraa (Denmark) founded in 2016. ElastiSense has raised $404.48 thousand across 2 funding rounds from investors including Syddansk Innovation. The company has 4 employees as of July 31, 2023. ElastiSense has completed 1 acquisition, including LEAP Technology. ElastiSense offers products and services including Stretch Sensors and DS Sensors. ElastiSense operates in a competitive market with competitors including Sensel, Exxelia, Canatu, ISORG and Feelit, among others.

  • Headquarter Aabenraa, Denmark
  • Employees 4 as on 31 Jul, 2023
  • Sectors
    Technology
  • Email
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  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Elastisense Aps
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$1.39 M (USD)
    -2183
    as on Dec 31, 2021
  • EBITDA
    -$1.52 M (USD)
    -1405
    as on Dec 31, 2021
  • Total Equity Funding
    $404.48 K (USD)

    in 2 rounds

  • Latest Funding Round
    $242.18 K (USD), Seed

    Feb 01, 2018

  • Investors
  • Employee Count
    4

    as on Jul 31, 2023

  • Investments & Acquisitions
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Products & Services of ElastiSense

ElastiSense offers a comprehensive portfolio of products and services, including Stretch Sensors and DS Sensors.

Product name locked
Category locked
Primary

Sensors for measuring position and displacement in industrial applications.

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Versatile sensors for wearables and structural health tracking.

Funding Insights of ElastiSense

ElastiSense has successfully raised a total of $404.48K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $242.18 thousand completed in February 2018. 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.

Investors in ElastiSense

ElastiSense has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Syddansk Innovation.

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Venture Fund
Investor Description Founded Year Domain Location
A platform for business and technology insights is operated.
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Investor details for ElastiSense

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Investments & Acquisitions by ElastiSense

ElastiSense has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LEAP Technology.

Investments
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Investment portfolio details for ElastiSense

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Sensors and measurement systems for industrial applications
Locked Locked 2013 Locked
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Complete acquisition details for ElastiSense

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Financial Statements - ElastiSense

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Detailed financials for ElastiSense

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Elastisense Comparisons

ElastiSense Primary company
Description
Displacement sensors are manufactured using Electroactive Po...
Location
Aabenraa, Denmark
Founded Year
2016
Annual Revenue
Not available
Net Profit
-$1.39 M (USD)
EBITDA
-$1.52 M (USD)
Employees
4
As of 2023
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Peer comparison for ElastiSense

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Competitors of ElastiSense

ElastiSense 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 Sensel, Exxelia, Canatu, ISORG and Feelit, among others.

Company Name Domain Founded year HQ Location Description
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Pressure-sensitive multi-touch sensors are manufactured for input applications.
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Position sensors and electronic components are manufactured by Exxelia.
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Advanced carbon nanotube materials are developed for industrial uses.
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Provider of printed and flexible 3D image sensors
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Nano-material sensing solutions for structural parameters are provided.
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IoT-based flexible pressure sensors are provided for multiple industries.
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Detailed competitors of ElastiSense

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Latest news on Elastisense

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Complete news archive for ElastiSense

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Frequently Asked Questions about ElastiSense

ElastiSense was founded in 2016.

ElastiSense is headquartered in Aabenraa, Denmark.

Benjamin Thomsen is the current CEO of ElastiSense.

ElastiSense is a funded company, having raised a total of $404.48K across 2 funding rounds to date.

As of Jul 31, 2023, the latest employee count at ElastiSense is 4.

ElastiSense was founded in 2016 in Aabenraa, Denmark, and operates in the sensor manufacturing sector. Displacement sensors based on Electroactive Polymer technology are produced, along with monitoring systems that connect multiple sensors and control systems for output oversight. These products are applied in various industrial settings, supporting measurement and automation needs across operations.

ElastiSense's top competitors include Canatu, Sensel and Exxelia.

ElastiSense offers Stretch Sensors and DS Sensors.

ElastiSense has made 1 acquisition, including LEAP Technology.

ElastiSense has 1 investor. Key investors include Syddansk Innovation.

The valuation of ElastiSense is $916.31K as of Feb 2018.

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