About Humatics
Humatics is a company based in Boston (United States) founded in 2015 by David Mindell.. Humatics has raised $83.25 million across 5 funding rounds from investors including SVB, Lockheed Martin and Johnson Controls. The company has 54 employees as of December 31, 2022. Humatics has completed 1 acquisition, including 5D Robotics. Humatics offers products and services including Microlocation System and Digital Train Positioning. Humatics operates in a competitive market with competitors including Siemens, NextNav, Xona Space Systems, Kinexon and Topcon Positioning, among others.
- Headquarter Boston, United States
- Employees 54 as on 31 Dec, 2022
- Founders David Mindell
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Sectors
Industrial Goods & ManufacturingTechnology 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 Humatics Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$83.25 M (USD)
in 5 rounds
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Latest Funding Round
$30 M (USD), Series B
Sep 16, 2020
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Investors
SVB
& 10 more
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Employee Count
54
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Humatics
Humatics offers a comprehensive portfolio of products and services, including Microlocation System and Digital Train Positioning. 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.
Delivers real-time precise location data to enhance productivity and efficiency.
Increases transit capacity and reduces disruptions through advanced positioning.
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Funding Insights of Humatics
Humatics has successfully raised a total of $83.25M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in September 2020. 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 5
- Last Round Series B — $30.0M
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First Round
First Round
(28 Apr 2017)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series B - Humatics | Valuation | Blackhorn Ventures | |
| Jan, 2019 | Amount | Series A - Humatics | Valuation |
investors |
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| Jan, 2019 | Amount | Debt – Conventional - Humatics | 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 Humatics
Humatics has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Lockheed Martin and Johnson Controls. 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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Tech and offline focused VC firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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Venture capital is provided to multiple sectors by Presidio Ventures.
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Founded Year | Domain | Location | |
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Early-stage tech investments are made across US, Europe, and Asia.
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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 Humatics
Humatics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include 5D Robotics. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Software for robot navigation, mapping, and automation is developed.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Humatics
| 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 |
Humatics Comparisons
Competitors of Humatics
Humatics 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 Siemens, NextNav, Xona Space Systems, Kinexon and Topcon Positioning, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Industrial software is developed for automation, electrification, and digitalization solutions.
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| domain | founded_year | HQ Location |
Indoor positioning solutions for enterprises are provided.
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| domain | founded_year | HQ Location |
Real-time positioning and navigation services via LEO satellites are delivered.
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| domain | founded_year | HQ Location |
Location and motion analytics are tracked via sensor-based platform.
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| domain | founded_year | HQ Location |
Provides precision positioning systems for infrastructure and farming sectors.
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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 Humatics
Frequently Asked Questions about Humatics
When was Humatics founded?
Humatics was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Humatics located?
Humatics is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Humatics?
James Kinsey is the current CEO of Humatics.
Is Humatics a funded company?
Humatics is a funded company, having raised a total of $83.25M across 5 funding rounds to date. The company's 1st funding round was a Series A of $28M, raised on Apr 28, 2017.
How many employees does Humatics have?
As of Dec 31, 2022, the latest employee count at Humatics is 54.
What does Humatics do?
Humatics was founded in 2015 in Boston, United States, within the robotics sector. Sensors, software, and control systems are being developed to enable robots to operate effectively in human settings. A HumanFirst design approach is emphasized, prioritizing human-centered technology. Capabilities in microlocation and autonomy have been demonstrated, though detailed product information remains limited.
Who are the top competitors of Humatics?
Humatics's top competitors include NextNav, Siemens and Xona Space Systems.
What products or services does Humatics offer?
Humatics offers Microlocation System and Digital Train Positioning.
How many acquisitions has Humatics made?
Humatics has made 1 acquisition, including 5D Robotics.
Who are Humatics's investors?
Humatics has 11 investors. Key investors include SVB, Lockheed Martin, Johnson Controls, Intact Ventures, and Blackhorn Ventures.
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