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
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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 Elastisense Aps
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Annual Revenue
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Net Profit
$-1.39 M (USD)-2183as on Dec 31, 2021
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EBITDA
$-1.52 M (USD)-1405as on Dec 31, 2021
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Total Equity Funding
$404.48 K (USD)
in 2 rounds
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Latest Funding Round
$242.18 K (USD), Seed
Feb 01, 2018
- Investors
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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. 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.
Sensors for measuring position and displacement in industrial applications.
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $242,176
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First Round
First Round
(14 Jul 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Seed - ElastiSense | Valuation |
investors |
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| Jul, 2016 | Amount | Seed - ElastiSense | Valuation | Syddansk Innovation |
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| 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 ElastiSense
ElastiSense has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Syddansk Innovation. 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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A platform for business and technology insights is operated.
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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 ElastiSense
ElastiSense has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LEAP Technology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Sensors and measurement systems for industrial applications
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ElastiSense
| 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 |
Elastisense Comparisons
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. 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 |
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| domain | founded_year | HQ Location |
Pressure-sensitive multi-touch sensors are manufactured for input applications.
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| domain | founded_year | HQ Location |
Position sensors and electronic components are manufactured by Exxelia.
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| domain | founded_year | HQ Location |
Advanced carbon nanotube materials are developed for industrial uses.
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| domain | founded_year | HQ Location |
Provider of printed and flexible 3D image sensors
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| domain | founded_year | HQ Location |
Nano-material sensing solutions for structural parameters are provided.
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| domain | founded_year | HQ Location |
IoT-based flexible pressure sensors are provided for multiple industries.
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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 Elastisense
Frequently Asked Questions about ElastiSense
When was ElastiSense founded?
ElastiSense was founded in 2016.
Where is ElastiSense located?
ElastiSense is headquartered in Aabenraa, Denmark.
Who is the current CEO of ElastiSense?
Benjamin Thomsen is the current CEO of ElastiSense.
Is ElastiSense a funded company?
ElastiSense is a funded company, having raised a total of $404.48K across 2 funding rounds to date. The company's 1st funding round was a Seed of $162.3K, raised on Jul 14, 2016.
How many employees does ElastiSense have?
As of Jul 31, 2023, the latest employee count at ElastiSense is 4.
What does ElastiSense do?
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.
Who are the top competitors of ElastiSense?
What products or services does ElastiSense offer?
ElastiSense offers Stretch Sensors and DS Sensors.
How many acquisitions has ElastiSense made?
ElastiSense has made 1 acquisition, including LEAP Technology.
Who are ElastiSense's investors?
ElastiSense has 1 investor. Key investors include Syddansk Innovation.
What is ElastiSense's valuation?
The valuation of ElastiSense is $916.31K as of Feb 2018.