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HaptX

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Builds technology that simulates touch with unprecedented realism

Redmond, United StatesFounded 2012Robotics
Valuation $50–100M Last recorded · 2022
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for HaptX and the history behind them.

About HaptX

HaptX is a pioneering company in the field of wearable technology, specifically focusing on haptic feedback systems. Their flagship product, the HaptX Gloves G1, is designed to simulate the sense of touch with remarkable realism. These gloves use a flexible, integrated tendon system that can apply up to 40 pounds of resistive force per hand, allowing users to feel the size and shape of virtual objects as if they were real. This technology is particularly useful in virtual reality (VR) and robotics, enhancing the way humans interact with machines and digital environments.

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HaptX primarily serves clients in industries that rely heavily on VR and robotics, such as manufacturing, training, and simulation. For example, they have collaborated with the Y-12 National Security Complex to develop a VR training system that leverages multi-user haptics to improve worker training and safety. Their market includes enterprises looking to enhance collaboration and communication in virtual environments, making their technology a valuable tool for sectors that require precise and realistic interaction with virtual objects.

The company operates on a business-to-business (B2B) model, selling their advanced haptic gloves directly to organizations. They generate revenue through the sale of these gloves and potentially through service agreements for ongoing support and updates. By pre-ordering, clients can establish a priority date to receive their HaptX Gloves G1 systems as soon as they are available, ensuring they stay ahead in their respective fields.

HaptX is also focused on innovation and collaboration, as evidenced by their nomination for Best Collaboration Tool at the 2023 Auggie Awards. They are committed to enhancing human-machine interaction and are continually looking for smart, visionary individuals to join their team.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Redmond, United States
Employees
10
Open positions
None listed
Dealroom signal
64.2/100
Sector
Robotics, Fitness, Gamification, Motion Capture, Video Content, Entertainment, Immersive Technologies, Sports Activity and Performance, 5G, Industrial Technology, Industrial AR/VR, Innovative Practices, Home Living
Technology
IoT InternetOfThings
Business model
Manufacturing

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Sep 2022 $23M $92M AIS Global · Verizon Ventures · Taylor Frigon Capital Management · Mason Avenue Investments ↗
DEBTDebt Nov 2021 $4M — Crescent Cove Advisors ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

HaptX website traffic

Latest recorded traffic for HaptX is 8.4K monthly website visits, up 40% over the last three months. HaptX's team declined 9.1% over the past year.

Latest monthly visits8.4K 3-month web change+40% 1-year team growth-9.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • NetEase
  • Dick Costolo
  • Dawn Patrol Ventures
  • US National Science Foundation

Series A6 investors entered at this stage

  • Keiretsu Forum
  • Upheaval Investments
  • Verizon Ventures
  • Taylor Frigon Capital Management
  • Mason Avenue Investments
  • AIS Global

Series B and later1 investor entered at this stage

  • Crescent Cove Advisors
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about HaptX on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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