About HaptX
HaptX is a company based in San Luis Obispo (United States) founded in 2012 by Robert Crockett and Jake Rubin.. HaptX has raised $58 million across 9 funding rounds from investors including Verizon, NetEase Games and HHS. HaptX offers products and services including HaptX Gloves G1 and HaptX SDK. HaptX operates in a competitive market with competitors including Noitom, 3D Systems, Shadow Robot, Diver-X and Novasentis, among others.
- Headquarter San Luis Obispo, United States
- Founders Robert Crockett, Jake Rubin
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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 Haptx Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$58 M (USD)
in 9 rounds
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Latest Funding Round
$257.2 K (USD), Grant
Sep 30, 2023
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Investors
Verizon
& 17 more
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Employee Count
Employee Count
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Products & Services of HaptX
HaptX offers a comprehensive portfolio of products and services, including HaptX Gloves G1 and HaptX SDK. 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.
Gloves providing realistic touch feedback for VR training
Toolkit for integrating haptic features in VR applications
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Funding Insights of HaptX
HaptX has successfully raised a total of $58M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $257.2 thousand completed in September 2023. 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 9
- Last Round Grant — $257,200
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First Round
First Round
(01 Jun 2014)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Grant - HaptX | Valuation |
investors |
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| Sep, 2022 | Amount | Series B - HaptX | Valuation | AIS , Crescent Cove Advisors | |
| Nov, 2021 | Amount | Debt – Conventional - HaptX | 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 HaptX
HaptX has secured backing from 18 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Verizon, NetEase Games and HHS. 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 to growth-stage startups are funded by Upheaval Investments.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 HaptX
| 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 - HaptX
| 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 |
Haptx Comparisons
Competitors of HaptX
HaptX 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 Noitom, 3D Systems, Shadow Robot, Diver-X and Novasentis, 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 |
Motion capture systems, VR gloves, and software solutions are developed.
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| domain | founded_year | HQ Location |
Provider of solid imaging solutions
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| domain | founded_year | HQ Location |
Advanced dexterous robotic hands and teleoperation systems are developed.
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| domain | founded_year | HQ Location |
Haptic gloves for virtual reality input are developed.
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| domain | founded_year | HQ Location |
Electro-mechanical polymer haptic actuators are offered for wearable devices.
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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 Haptx
Frequently Asked Questions about HaptX
When was HaptX founded?
HaptX was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is HaptX located?
HaptX is headquartered in San Luis Obispo, United States. It is registered at San Luis Obispo, California, United States.
Who is the current CEO of HaptX?
Jake Rubin is the current CEO of HaptX. They have also founded this company.
Is HaptX a funded company?
HaptX is a funded company, having raised a total of $58M across 9 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $4M, raised on Jun 01, 2014.
What does HaptX do?
Founded in 2012, HaptX is based in San Luis Obispo, United States, and operates in the wearable technology sector. Patented microfluidic systems are utilized to enable motion tracking, texture simulation, and temperature feedback through pneumatic actuators and air channels embedded in fabrics like gloves and bodysuits. Integration into virtual reality and training applications is supported, with focus on tactile interactions for users.
Who are the top competitors of HaptX?
HaptX's top competitors include 3D Systems, Noitom and Shadow Robot.
What products or services does HaptX offer?
HaptX offers HaptX Gloves G1 and HaptX SDK.
Who are HaptX's investors?
HaptX has 18 investors. Key investors include Verizon, NetEase Games, HHS, NetEase, and Keiretsu Forum.
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