About Humanware
Humanware is a company based in Drummondville (Canada) founded in 1988 was acquired by Essilor International in October 2013.. Humanware offers products and services including Prodigi Software, Brailliant BI 20X, Victor Reader Stream 3, explorē Magnifier App, and Monarch Annie. Humanware operates in a competitive market with competitors including Freedom Scientific, Phosphoenix, Ocutech, Optelec and hims-inc, among others.
- Headquarter Drummondville, Canada
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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
$1 M (USD), Grant
Jan 31, 2009
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Investors
Essilor International
& 1 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Humanware
Humanware offers a comprehensive portfolio of products and services, including Prodigi Software, Brailliant BI 20X, Victor Reader Stream 3, explorē Magnifier App, and Monarch Annie. 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.
Assists users with vision loss through magnification tools.
Provides braille display for reading and writing tasks.
Offers audio playback for books and documents.
Delivers digital magnification for low-vision users.
Enables dynamic braille output for educational purposes.
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Funding Insights of Humanware
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $1.0M
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First Round
First Round
(31 Jan 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2009 | Amount | Grant - Humanware | Valuation |
investors |
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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 Humanware
Humanware has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Essilor International and Jolimont Global Mining Systems. 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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Manufacturer of lenses for multiple eye diseases
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Founded Year | Domain | Location | |
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Provides private equity investments in metals, mining, and critical minerals globally.
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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 Humanware
| 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 - Humanware
| 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 |
Humanware Comparisons
Competitors of Humanware
Humanware 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 Freedom Scientific, Phosphoenix, Ocutech, Optelec and hims-inc, 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 |
Assistive technology products for visually impaired individuals are supplied.
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| domain | founded_year | HQ Location |
Digital tool for assisting blind people
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| domain | founded_year | HQ Location |
Bioptic low vision aids are developed for visually impaired individuals.
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| domain | founded_year | HQ Location |
Assistive technology for low vision is designed and distributed worldwide.
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| domain | founded_year | HQ Location |
Develops and sells braille displays, notetakers, and accessories for visually impaired individuals.
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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 Humanware
Frequently Asked Questions about Humanware
When was Humanware founded?
Humanware was founded in 1988 and raised its 1st funding round 21 years after it was founded.
Where is Humanware located?
Humanware is headquartered in Drummondville, Canada. It is registered at Drummondville, Quebec, Canada.
What does Humanware do?
Provider of assistive technology products for blind people or people with low vision. Additionally, it offers victor reader talking book players (stream and stratus), braille displays, touch note-takers, trekker breeze and talking GPS products, braille printers and embossers, computer aids, reading aids, headphones, and accessories; and products for low vision, including reading aids (electronic magnifiers), digital vision assistant, desktop CCTVs, 360 distance viewing CCTV, handheld video magnifiers, talking book players, mobility aids, computer aids, headphones, and accessories. In 2014, it formed a strategic partnership with Essilor to accelerate investment in research and development of products for blindness and low vision.
Who are the top competitors of Humanware?
Humanware's top competitors include Freedom Scientific, Ocutech and Phosphoenix.
What products or services does Humanware offer?
Humanware offers Prodigi Software, Brailliant BI 20X, Victor Reader Stream 3, explorē Magnifier App, and Monarch Annie.
Who are Humanware's investors?
Humanware has 2 investors. Key investors include Essilor International, and Jolimont Global Mining Systems.
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