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. 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
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website elastisense.com
- Social LinkedIn
- Legal Name Elastisense Aps
- Net Profit-$1.39 M (USD)-2183as on Dec 31, 2021
- EBITDA-$1.52 M (USD)-1405as on Dec 31, 2021
- Total Equity Funding$404.48K (USD)
in 2 rounds
- Latest Funding Round$242.18K (USD), Seed
Feb 2018
- Investors
- Employee Count4
- Investments & Acquisitions
Products & Services of ElastiSense
ElastiSense offers a comprehensive portfolio of products and services, including Stretch Sensors and DS Sensors.
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 $404,478
- Total Rounds 2
- Last Round Seed — $242,176
- First Round $162,302
(Jul 2016)
- Investors Count 1
All 2 funding rounds of ElastiSense 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 |
|---|---|---|---|---|---|
| Feb 2018 | $242,176 | Seed | $916,306 | – | – |
| Jul 2016 | $162,302 | Seed | – | Syddansk Innovation | – |
Last known valuation $916,306 (Feb 2018). 1 investors in total: 1 institutional.
Investors in ElastiSense
ElastiSense has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Syddansk Innovation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A platform for business and technology insights is operated. | – | syddanskinnovation.dk | Denmark |
Investor details for ElastiSense
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People of ElastiSense
1 people are tracked at ElastiSense (1 in leadership); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
Benjamin Thomsen | CEO | Leadership |
Complete people profiles 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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Sensors and measurement systems for industrial applications | leaptechnology.com | Aabenraa, Denmark | 2013 | Jan 2024 | •••• |
Complete acquisition details for ElastiSense
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Timeline of ElastiSense
4 dated milestones of ElastiSense across 8 years, from founding to its latest funding, stage changes and deals.
- Founded ElastiSense is founded.
- Funding First funding round of $162K.
- Funding Latest funding round, Seed, of $242K.
- Acquisition Acquires LEAP Technology.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sensel.com | 2013 | Sunnyvale, United States | $72.16M | – | Pressure-sensitive multi-touch sensors are manufactured for input applications. | |
| exxelia.com | 2009 | Paris, France | – | 190 | Position sensors and electronic components are manufactured by Exxelia. | |
| canatu.com | 2004 | Helsinki, Finland | $75.26M | – | Advanced carbon nanotube materials are developed for industrial uses. | |
| isorg.fr | 2010 | Grenoble, France | $55.75M | – | Provider of printed and flexible 3D image sensors | |
| feelit.tech | 2017 | Haifa, Israel | $22.11M | – | Nano-material sensing solutions for structural parameters are provided. | |
| forciot.com | 2015 | Tampere, Finland | $4.58M | – | IoT-based flexible pressure sensors are provided for multiple industries. | |
| mk-semi.com | 2019 | Cupertino, United States | $12.8M | – | UWB chips and modules are manufactured for location-based applications. | |
| novasentis.com | 2006 | Berkeley, United States | $41.42M | 5 | Electro-mechanical polymer haptic actuators are offered for wearable devices. |
Detailed competitors of ElastiSense
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Web traffic of ElastiSense
The website of ElastiSense (elastisense.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▼ 3.1% vs previous month
Latest news on Elastisense
Complete news archive for ElastiSense
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Similar companies to ElastiSense
10 companies that operate in the same segment as ElastiSense (Sensors & Smart Devices), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Video streaming devices and platforms are provided by Roku. | 2008 | San Jose, California, United States | USD 213.57 M | USD 4.74 B | 3,340 | |
Provider of hardware and software for monitoring home energy consumption | 2010 | Palo Alto, California, United States | USD 80 M | – | – | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 |
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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. The company's 1st funding round was a Seed of $162.3K, raised on Jul 2016.
ElastiSense has 4 employees.
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 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.
ElastiSense operates through Elastisense Aps.