About MainTool
MainTool is a company based in Madrid (Spain) founded in 2014 by Hussain Ahamed.. MainTool has raised $116 thousand across 3 funding rounds. MainTool offers products and services including Smart Watch Straps and MainTool App. MainTool operates in a competitive market with competitors including Fitbit, Masimo, Velites Fitness, Sabirmedical and Codylife, among others.
- Headquarter Madrid, Spain
- Founders Hussain Ahamed
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Sectors
RetailHealthcare Technology
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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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Total Equity Funding
$116 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of MainTool
MainTool offers a comprehensive portfolio of products and services, including Smart Watch Straps and MainTool App. 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.
Embeds sensors for health tracking in traditional watches seamlessly.
Syncs data from straps for notifications and health monitoring.
Funding Insights of MainTool
MainTool has successfully raised a total of $116K across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(01 Apr 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2015 | Amount | Seed - MainTool | Valuation |
investors |
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| May, 2015 | Amount | Seed - MainTool | Valuation |
investors |
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| Apr, 2014 | Amount | Seed - MainTool | 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 |
Investments & Acquisitions by MainTool
| 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 - MainTool
| 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 |
Maintool Comparisons
Competitors of MainTool
MainTool 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 Fitbit, Masimo, Velites Fitness, Sabirmedical and Codylife, 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 |
Smartwatches and fitness trackers are provided for activity monitoring.
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| domain | founded_year | HQ Location |
Provider of wide range of devices to monitor health parameters
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| domain | founded_year | HQ Location |
Jump ropes and fitness accessories are provided by Velites Fitness.
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| domain | founded_year | HQ Location |
Develops machine learning-driven devices for patient monitoring.
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| domain | founded_year | HQ Location |
Offers QR code products for personal identification and emergency contacts.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 MainTool
When was MainTool founded?
MainTool was founded in 2014.
Where is MainTool located?
MainTool is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Is MainTool a funded company?
MainTool is a funded company, having raised a total of $116K across 3 funding rounds to date. The company's 1st funding round was a Seed of $56K, raised on Apr 01, 2014.
What does MainTool do?
MainTool was founded in 2014 in Madrid, Spain, within the wearable technology sector. Smart straps are produced by the company, which attach to any watch and enable monitoring of users body vitals such as heart rate and activity levels. Operations focus on integrating health-tracking features into existing timepieces without requiring new devices. The co-founder, Hussain Ahamed, leads development efforts from the companys base in Spain.
Who are the top competitors of MainTool?
MainTool's top competitors include Fitbit, Masimo and Velites Fitness.
What products or services does MainTool offer?
MainTool offers Smart Watch Straps and MainTool App.