About ICAROS
ICAROS is a company based in Planegg (Germany) founded in 2015 by Michael Bartl, Michael Schmidt, and Johannes Scholl.. The company has 13 employees as of April 05, 2024. ICAROS operates in a competitive market with competitors including FitXR, Litesport, VirZOOM, Supernatural and Gym Class, among others.
- Headquarter Planegg, Germany
- Employees 13 as on 05 Apr, 2024
- Founders Michael Bartl, Michael Schmidt, Johannes Scholl
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Sectors
HealthcareTechnology
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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 Icaros Gmbh
- Jurisdiction Dlf Qe, Haryana, India
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
13
as on Apr 05, 2024
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Product Management Team
1 people
Leadership Team
1 people
Software Development Team
1 people
Head Team
1 people
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Funding Insights of ICAROS
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2018 | Amount | Series A - ICAROS | 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 ICAROS
ICAROS has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Segnalita. 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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Early-stage ventures are supported by Segnalita with capital and expertise.
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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 ICAROS
| 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 - ICAROS
| 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 |
Icaros Comparisons
Competitors of ICAROS
ICAROS 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 FitXR, Litesport, VirZOOM, Supernatural and Gym Class, 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 |
Virtual reality fitness experiences are developed for coaching and motivation.
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| domain | founded_year | HQ Location |
VR fitness programs with real trainers are delivered via platform.
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| domain | founded_year | HQ Location |
VR-based fitness equipment is offered via immersive headsets and accessories.
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| domain | founded_year | HQ Location |
A VR fitness application is provided for Meta Quest.
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| domain | founded_year | HQ Location |
A VR platform is developed for workouts with friends.
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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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Frequently Asked Questions about ICAROS
When was ICAROS founded?
ICAROS was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is ICAROS located?
ICAROS is headquartered in Planegg, Germany. It is registered at Planegg, Bavaria, Germany.
Who is the current CEO of ICAROS?
Michael Schmidt is the current CEO of ICAROS. They have also founded this company.
How many employees does ICAROS have?
As of Apr 05, 2024, the latest employee count at ICAROS is 13.
What does ICAROS do?
ICAROS has developed a virtual reality-based fitness machine. The system includes ICAROS device, controller, and a VR headset. It works using a gyroscopic design, aims to provide a full-body workout. It allows users to lie in a plank-like position while moving their shoulders forth and back. Users can choose games depending on their physical abilities. The company also provides SDK for developers which is compatible with UNITY engine. As of Feb 2018, compatible devices are Samsung Gear VR, HTC Vive, and Oculus Rift and the product is priced at 10,500, excluding VAT. It had won the ISPO BRANDNEW and UX design awards in 2016.
Who are the top competitors of ICAROS?
Who are ICAROS's investors?
ICAROS has 1 investor. Key investors include Segnalita.