COMPANY PROFILE

Forkbeard Technologies

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GPS revolution indoors™ by using BLE and audio to position any smartphone with unrivalled accuracy and cost

Oslo, NorwayFounded 2019Transportation

Valuation $50–100M Last recorded · 2021

Revenue <$1M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Forkbeard Technologies

Forkbeard Technologies specializes in indoor positioning solutions, leveraging Bluetooth Low Energy and ultrasound technologies to deliver precise navigation and product search capabilities within indoor environments. The company primarily serves retail clients, enhancing customer experience and operational efficiency by providing centimeter-level accuracy in locating products and navigating store layouts. Operating in the indoor positioning market, Forkbeard's business model involves selling its technology and services to businesses that require accurate indoor navigation solutions. Revenue is generated through the sale of hardware, software licenses, and ongoing service agreements.

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At a glance

Status: Operational
Founded: 2019
Headquarters: Oslo, Norway
Employees: 7
Open positions: None listed
Dealroom signal: 56.3/100
Industry: Transportation
Sub-industry: Navigation & Mapping
Sector: Transportation, Nordic Rising Star 2022, Hard Tech
Business model: Manufacturing
Client focus: b2b
Links: Website LinkedIn

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
ANGELOther financing	Aug 2021	$10M	$40M	Per Heidenreich	—

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022
2021
2020		—

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Growth signals

Forkbeard Technologies website traffic

Latest recorded traffic for Forkbeard Technologies is 90 monthly website visits, down 96.4% over the last three months. Forkbeard Technologies's team grew 0% over the past year.

Latest monthly visits90 3-month web change-96.4% 1-year team growth0%

Monthly website visitsDec 2020–Nov 2023

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