About LevitateTech
LevitateTech is a company based in San Diego (United States) founded in 2012. It operates as a Direct-to-Consumer (D2C). LevitateTech has raised $12 million across 2 funding rounds. LevitateTech offers products and services including AIRFRAME FLEX. LevitateTech operates in a competitive market with competitors including German Bionic System, Fourier Intelligence, SuitX, HeroWear and Agadexo Exoskeleton, among others.
- Headquarter San Diego, United States
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Sectors
TechnologyIndustrial Goods & Manufacturing
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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 Levitate Technologies, 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
$12 M (USD)
in 2 rounds
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Latest Funding Round
$3.5 M (USD), Series A
Nov 05, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of LevitateTech
LevitateTech offers a comprehensive portfolio of products and services, including AIRFRAME FLEX. 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.
Wearable exoskeleton designed to reduce shoulder injury risk.
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Funding Insights of LevitateTech
LevitateTech has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in November 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 2
- Last Round Series A — $3.5M
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First Round
First Round
(02 Aug 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series A - LevitateTech | Valuation |
investors |
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| Aug, 2017 | Amount | Series A - LevitateTech | Valuation |
investors |
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| 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 |
Investments & Acquisitions by LevitateTech
| 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 - LevitateTech
| 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 |
Levitatetech Comparisons
Competitors of LevitateTech
LevitateTech 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 German Bionic System, Fourier Intelligence, SuitX, HeroWear and Agadexo Exoskeleton, 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 |
Exoskeleton systems for industrial worker augmentation are provided.
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| domain | founded_year | HQ Location |
Rehabilitation robotics development and redefining services are provided.
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| domain | founded_year | HQ Location |
Lightweight exoskeletons are developed to assist walking for mobility-impaired users.
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| domain | founded_year | HQ Location |
Manufacturer of back-assist exosuit
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| domain | founded_year | HQ Location |
Wearable robotic exoskeletons are supplied for material handling tasks.
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| domain | founded_year | HQ Location |
Exoskeleton robots are developed by Xeno Dynamics for multi-industry applications.
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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 Levitatetech
Frequently Asked Questions about LevitateTech
When was LevitateTech founded?
LevitateTech was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is LevitateTech located?
LevitateTech is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Is LevitateTech a funded company?
LevitateTech is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8.5M, raised on Aug 02, 2017.
What does LevitateTech do?
LevitateTech is engaged in the development of wearable exoskeleton solutions aimed at improving musculoskeletal health for workers. The company operates within the wearable technology sector, offering products like the AIRFRAME FLEX to reduce shoulder injury risks and enhance productivity. Solutions are tailored for industries requiring repetitive upper extremity motion, ensuring safety and efficiency without limiting motion or dexterity.
Who are the top competitors of LevitateTech?
LevitateTech's top competitors include SuitX, German Bionic System and HeroWear.
What products or services does LevitateTech offer?
LevitateTech offers AIRFRAME FLEX.