About Motion Gestures
Motion Gestures is a company based in Waterloo (Canada) founded in 2016.. Motion Gestures has raised $4 million across 2 funding rounds from investors including Propel(x), Keiretsu Forum and Udtara Ventures. The company has 8 employees as of December 31, 2024. Motion Gestures offers products and services including Hand Tracking Software and Gesture Recognition Software. Motion Gestures operates in a competitive market with competitors including Navenio, TRX Systems, Movea, Imagimob and VimoLabs, among others.
- Headquarter Waterloo, Canada
- Employees 8 as on 31 Dec, 2024
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Sectors
Technology
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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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Total Equity Funding
$4 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Jun 11, 2024
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Investors
Propel(x)
& 6 more
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Employee Count
8
as on Dec 31, 2024
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Products & Services of Motion Gestures
Motion Gestures offers a comprehensive portfolio of products and services, including Hand Tracking Software and Gesture Recognition Software. 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.
Provides accurate tracking of hand movements for contactless interactions.
Enables recognition of static and dynamic gestures in various applications.
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Funding Insights of Motion Gestures
Motion Gestures has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in June 2024. 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 Seed — $2.0M
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First Round
First Round
(16 Feb 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Seed - Motion Gestures | Valuation | China Canada Angel Alliance | |
| Feb, 2021 | Amount | Seed - Motion Gestures | Valuation | unknown , Keiretsu Forum |
| 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 Motion Gestures
Motion Gestures has secured backing from 7 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Propel(x), Keiretsu Forum and Udtara Ventures. 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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Accredited investors are networked for private equity funding opportunities.
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Founded Year | Domain | Location | |
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Early-stage tech startups in Canada are supported through angel investments.
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Founded Year | Domain | Location | |
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Investments in early-stage technology and innovation-driven businesses.
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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 Motion Gestures
| 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 - Motion Gestures
| 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 |
Motion Gestures Comparisons
Competitors of Motion Gestures
Motion Gestures 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 Navenio, TRX Systems, Movea, Imagimob and VimoLabs, 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 |
Sensor-based location monitoring systems are provided for healthcare workforce.
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| domain | founded_year | HQ Location |
Sensor fusion algorithms for indoor tracking systems are developed.
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| domain | founded_year | HQ Location |
Developed motion sensing and data fusion solution
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| domain | founded_year | HQ Location |
Sensor fusion is applied to learn movements from wearable data.
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| domain | founded_year | HQ Location |
Sensor fusion algorithms are developed for motion detection 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 Motion Gestures
Frequently Asked Questions about Motion Gestures
When was Motion Gestures founded?
Motion Gestures was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Motion Gestures located?
Motion Gestures is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Is Motion Gestures a funded company?
Motion Gestures is a funded company, having raised a total of $4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Feb 16, 2021.
How many employees does Motion Gestures have?
As of Dec 31, 2024, the latest employee count at Motion Gestures is 8.
What does Motion Gestures do?
Provider of AI and cloud-based motion gesture recognition systems. It has developed a platform for gesture recognition purposes which supports multiple motions, touch, and vision sensors and can be deployed on cloud, gatewayhub, and embedded systems. It either allows users to select from a library of gestures featuring letters, numbers, shapes, symbols, rotations or create a custom gesture by drawing the desired motion trajectory on a mobile or tablet screen and edit it. The system generates data automatically for model training and once generated it can be utilized with any supported sensor. The target market includes appliances, automotive, wearables, toys, gaming, robotics, among others.
Who are the top competitors of Motion Gestures?
Motion Gestures's top competitors include Navenio, TRX Systems and Movea.
What products or services does Motion Gestures offer?
Motion Gestures offers Hand Tracking Software and Gesture Recognition Software.
Who are Motion Gestures's investors?
Motion Gestures has 7 investors. Key investors include Propel(x), Keiretsu Forum, Udtara Ventures, Allen Miner, and unknown.
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