About Forcite Helmet Systems
Forcite Helmet Systems is a company based in Sydney (Australia) founded in 2014 by Alfred Boyadgis was acquired by GoPro in January 2024.. Forcite Helmet Systems has raised $7.5 million across 3 funding rounds from investors including GoPro, Uniseed and Atlas Advisors Australia. Forcite Helmet Systems offers products and services including MK1S Helmet and Mobile App.
- Headquarter Sydney, Australia
- Founders Alfred Boyadgis
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Sectors
Transportation, Automotive & Logistics
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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 Forcite Helmet Systems Pty Ltd
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Products & Services of Forcite Helmet Systems
Forcite Helmet Systems offers a comprehensive portfolio of products and services, including MK1S Helmet and Mobile App. 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.
Advanced helmet with Bluetooth and safety features for motorcycle riders.
App for personalizing and configuring helmet features during rides.
Funding Insights of Forcite Helmet Systems
Forcite Helmet Systems has successfully raised a total of $7.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5.5 million completed in February 2022. 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 3
- Last Round Series A — $5.5M
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First Round
First Round
(12 Feb 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2022 | Amount | Series A - Forcite Helmet Systems | Valuation | Uniseed |
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| Sep, 2020 | Amount | Seed - Forcite Helmet Systems | Valuation | Atlas Advisors Australia , Uniseed |
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| Feb, 2019 | Amount | Seed - Forcite Helmet Systems | Valuation | Uniseed |
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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 Forcite Helmet Systems
Forcite Helmet Systems has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include GoPro, Uniseed and Atlas Advisors Australia. 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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Seed-stage investments are directed toward Australian companies.
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Manages diversified investment portfolios across various asset classes.
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Wearable cameras and accessories for action photography 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 Forcite Helmet Systems
| 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 - Forcite Helmet Systems
| 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 |
Forcite Helmet Systems Comparisons
Competitors of Forcite Helmet Systems
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Forcite Helmet Systems
Frequently Asked Questions about Forcite Helmet Systems
When was Forcite Helmet Systems founded?
Forcite Helmet Systems was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Where is Forcite Helmet Systems located?
Forcite Helmet Systems is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Forcite Helmet Systems?
Alfred Boyadgis is the current CEO of Forcite Helmet Systems. They have also founded this company.
Is Forcite Helmet Systems a funded company?
Forcite Helmet Systems is a funded company, having raised a total of $7.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Feb 12, 2019.
What does Forcite Helmet Systems do?
Founded in 2014 in Sydney, Australia, Forcite Helmet Systems operates in the safety technology sector, where smart helmets are produced with embedded communication and data systems. Rider safety is enhanced through real-time monitoring and connectivity features, while lightweight designs are maintained. Personalization is facilitated via a mobile application, and backend infrastructure processes data to supply condition insights for rides. Compliance with international safety standards is ensured across operations.
What products or services does Forcite Helmet Systems offer?
Forcite Helmet Systems offers MK1S Helmet and Mobile App.
Who are Forcite Helmet Systems's investors?
Forcite Helmet Systems has 3 investors. Key investors include GoPro, Uniseed, and Atlas Advisors Australia.
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