About Firstbeat
Firstbeat is a company based in Jyvaskyla (Finland) founded in 2002 was acquired by Garmin International in June 2020.. Firstbeat operates in a competitive market with competitors including Runtastic, Elite HRV, ROOK, EveryMove and Focus Motion, among others.
- Headquarter Jyvaskyla, Finland
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Garmin International
(Jun 30, 2020)
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Funding Insights of Firstbeat
| 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 |
Investors in Firstbeat
Firstbeat has secured backing from 1 investor. Prominent investors backing the company include Garmin International. 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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Smart fitness trackers and watches are developed for performance monitoring.
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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 Firstbeat
| 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 - Firstbeat
| 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 |
Firstbeat Comparisons
Competitors of Firstbeat
Firstbeat 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 Runtastic, Elite HRV, ROOK, EveryMove and Focus Motion, 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 |
Fitness metrics are tracked via mobile apps and hardware.
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| domain | founded_year | HQ Location |
HRV system developed for recovery and stress management.
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| domain | founded_year | HQ Location |
API integration for fitness and healthcare platforms is offered.
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| domain | founded_year | HQ Location |
Monitoring and social network app for fitness
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| domain | founded_year | HQ Location |
Provider of AI-based wearables and application for health, wellness and fitness
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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 Firstbeat
Frequently Asked Questions about Firstbeat
When was Firstbeat founded?
Firstbeat was founded in 2002.
Where is Firstbeat located?
Firstbeat is headquartered in Jyvaskyla, Finland.
What does Firstbeat do?
Firstbeat was founded in 2002 in Jyvaskyla, Finland, and operates in the physiology and heartbeat analytics sector for sports and well-being. Heartbeat data is converted into personalized insights regarding stress, exercise, and sleep through advanced modeling of heart function and heart rate variability. Analytics software solutions are developed using a combination of physiological research, mathematical models, and HRV methods to create digital representations of user physiology.
Who are the top competitors of Firstbeat?
Who are Firstbeat's investors?
Firstbeat has 1 investor. Key investors include Garmin International.
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