Hammerhead

Hammerhead

A technology company with a mission to inspire & empower all people to unlock their athletic potential through cycling.

Founded 2014

Chicago, United States 65 employees Series A Total: $18.87M Consumer Electronics, Logistics +2

Hammerhead is a technology company dedicated to unlocking athletic potential through cycling, leveraging innovative consumer electronics. Their mission is to inspire and empower through the enhancement of the cycling experience. Founded in 2014 and headquartered in the United States, Hammerhead has progressively carved its niche in the Consumer Electronics sector, intertwining Logistics, Robotics, and Transportation into its product design.

The company's journey began with the launch of the H1, an inventive navigation device. In 2018, they debuted the Karoo 1, an advanced GPS head unit that enhanced navigation with its rugged design and intuitive interface. Their latest product, the Karoo 2, released in 2020, refines these innovations into a more compact and robust form, emphasizing longevity and software potential.

Aligned with its growth strategy, Hammerhead secured a $7.00M Series A investment on June 30, 2020, with investment from NEXT VENTURES, marking significant confidence from investors in its pioneering approach.

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	$7.00M	1	NEXT VENTURES	30 Jun 2020
Series A	$4.50M	6	Courtside Ventures, KB Partners +4	17 Apr 2020
Seed Round	$4.20M	6	Courtside Ventures, KB Partners +4	07 Mar 2019
Seed Round	$3.00M	4	Techstars, Matthew Luckett +2	01 Dec 2015
Seed Round	$50.00K	4	VTF Capital, Marc Bell Ventures +2	28 Oct 2014
Pre Seed Round	$120.00K	2	Techstars, R/GA Ventures	03 Dec 2013

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

$7.00M

NEXT VENTURES

30 Jun 2020

Series A

$4.50M

Courtside Ventures, KB Partners +4

17 Apr 2020

Seed Round

$4.20M

Courtside Ventures, KB Partners +4

07 Mar 2019

Seed Round

$3.00M

Techstars, Matthew Luckett +2

01 Dec 2015

Seed Round

$50.00K

VTF Capital, Marc Bell Ventures +2

28 Oct 2014

Pre Seed Round

$120.00K

Techstars, R/GA Ventures

03 Dec 2013

FAQ About Hammerhead

A technology company with a mission to inspire & empower all people to unlock their athletic potential through cycling.

Hammerhead was founded in 2014.

Hammerhead is headquartered in Chicago, United States.

Hammerhead operates in Consumer Electronics, Logistics, Robotics and Transportation. Its work centres on Cycling Technology, Navigation Devices, Consumer Electronics and GPS Solutions. Its customers include Cyclists, Fitness enthusiasts and Professional athletes.

Hammerhead has approximately 65 employees.

Hammerhead has completed 6 funding rounds, raising a total of $18.87M. The latest funding stage is Series A.

Hammerhead offers: Cycling navigation devices, Real-time data visualization, Customizable training plans, Connectivity with other devices and applications, Frequent software updates, Dashboard for data management.

Top alternatives and competitors to Hammerhead include Miko, Mirgor, Vincross, Uniserve Group, Cogepart Groupe. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Hammerhead and Miko are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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FAQ About Hammerhead