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Loose Cannon Systems

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Speak with friends while you ski, ride or surf

San Francisco, United StatesFounded 2018Sports
Valuation $50–100M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Loose Cannon Systems and the history behind them.

About Loose Cannon Systems

Milo is a cutting-edge action sports communicator designed to enhance the experience of outdoor enthusiasts by enabling hands-free, real-time communication without the need for Wi-Fi or cellular signals. Targeting adventure sports enthusiasts such as skiers, bikers, and surfers, Milo operates in the action sports market, providing a robust and reliable communication solution that works in all weather conditions. The device is IP67 water and dust proof, impact resistant, and features sophisticated wireless networking and audio processing technology. Milo's business model revolves around direct sales to consumers through its website and retail partners, generating revenue from the sale of its hardware units. Additionally, the optional Milo app offers software updates and additional configuration options, ensuring the device remains up-to-date with new features and improvements.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
San Francisco, United States
Employees
20
Open positions
None listed
Dealroom signal
41.2/100
Industry
Sports
Sector
Sports, Hard Tech
Business model
Manufacturing
Client focus
b2c

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jan 2023 $12M $48M XT Ventures · de novo ventures ↗
CONVERTIBLEEquity / VC Jan 2021 $0 — Undisclosed —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Loose Cannon Systems website traffic

Latest recorded traffic for Loose Cannon Systems is 8.3K monthly website visits, down 1.2% over the last three months. Loose Cannon Systems's team grew 5.3% over the past year.

Latest monthly visits8.3K 3-month web change-1.2% 1-year team growth+5.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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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

6 investors on the cap table

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

Series A2 investors entered at this stage

  • de novo ventures
  • XT Ventures

Other known investors4 additional known investors

  • Audeo Ventures
  • MBK Holding
  • TBD Angels
  • West Fountain Global Fund
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
2 countries with
team presence
🇺🇸 United States87.5%
🇬🇧 United Kingdom12.5%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Loose Cannon Systems 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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