About FarSounder
FarSounder is a company based in Warwick (United States) founded in 2001 by Matthew Zimmerman. It operates as a Direct-to-Consumer (D2C). FarSounder offers products and services including Argos 350, Argos 500, and Argos 1000. FarSounder operates in a competitive market with competitors including Matrix Industries, Cogniac, Hensoldt, Navtech Radar and HyperConnect, among others.
- Headquarter Warwick, United States
- Founders Matthew Zimmerman
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Sectors
Industrial Goods & Manufacturing
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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 Farsounder, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.49 M (USD), Grant
Jul 02, 2009
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Investors
NIST
& 2 more
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Employee Count
Employee Count
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Products & Services of FarSounder
FarSounder offers a comprehensive portfolio of products and services, including Argos 350, Argos 500, and Argos 1000. 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.
Navigation sonar with detection range up to 350 meters.
Navigation sonar detecting obstacles up to 500 meters range.
Advanced sonar for navigation up to 1000 meters range.
Funding Insights of FarSounder
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $1.5M
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First Round
First Round
(13 Jun 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2009 | Amount | Grant - FarSounder | Valuation |
investors |
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| Sep, 2007 | Amount | Grant - FarSounder | Valuation |
investors |
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| Sep, 2007 | Amount | Grant - FarSounder | 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 FarSounder
FarSounder has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include NIST, SBIR and National Oceanic and Atmospheric Administration. 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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Standards and measurements are developed by NIST for various industries.
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Federal innovation and scientific achievement services are provided.
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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 FarSounder
| 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 - FarSounder
| 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 |
Farsounder Comparisons
Competitors of FarSounder
FarSounder 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 Matrix Industries, Cogniac, Hensoldt, Navtech Radar and HyperConnect, 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 |
Smartwatches powered by body heat are developed using thermoelectric technology.
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AI-based platform is utilized for managing visual operations in businesses.
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| domain | founded_year | HQ Location |
Developer of integrated air surveillance radar for the military and defence industry
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| domain | founded_year | HQ Location |
Augmented radar systems are provided for airports and facilities.
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| domain | founded_year | HQ Location |
Cloud-based platforms for mobile communication and social entertainment are offered.
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Developers of electronic security devices
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Farsounder
Frequently Asked Questions about FarSounder
When was FarSounder founded?
FarSounder was founded in 2001 and raised its 1st funding round 4 years after it was founded.
Where is FarSounder located?
FarSounder is headquartered in Warwick, United States. It is registered at Warwick, Rhode Island, United States.
Who is the current CEO of FarSounder?
Cheryl Zimmerman is the current CEO of FarSounder.
What does FarSounder do?
FarSounder, Inc. is focused on the development of 3D forward-looking sonar systems for navigation. Solutions are provided for obstacle avoidance and shallow water navigation across various vessel types, including yachts, cruise ships, and government vessels. The technology is built to enhance safety in challenging and uncharted waters through patented 3D sonar displays integrated with nautical charts. Applications are extended to sectors such as marine research, defense, and commercial fisheries.
Who are the top competitors of FarSounder?
FarSounder's top competitors include Matrix Industries, Hensoldt and Texecom.
What products or services does FarSounder offer?
FarSounder offers Argos 350, Argos 500, and Argos 1000.