Total raised
$325K
Last: Pre-Seed 2018-06
Stage
Pre-Seed
Founded
2017
Headcount
3
HQ
Rehovot
Sector
Industrial Technologies
About
Haystack Magic enables users to track dozens of items using one convenient app. Once objects and places are tagged, the interface instantly displays where everything is located. Using Bluetooth Low Energy (BLE) technology, Haystack Magic can pinpoint items down to their precise location. Haystack Magic's mission is to organize the world's physical objects and make them universally accessible. The algorithms allow for objects to be located within smart workplaces, cities, and at home through the use of proprietary algorithms and commodity BLE beacons. Haystack Magic's software solves the problem of misplaced enterprise assets by using employees' and clients' smartphones as free infrastructure.
Funding history · 1 round · $325K total
2018-06
Pre-Seed
$325K
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesOperational Optimization SolutionsHealth Tech & Life SciencesDigital Healthcare
Technologies
SensingGeolocationCommunicationsIOT
Target customers
Industrial ManufacturingHealthcare & Life SciencesHealthcarePatientsTransportation & LogisticsTransportation InfrastructurePorts & HarborsTravel & TourismTravel
Business model
B2BB2B2C
Highlights
Verified
Tags
cloud-basedsmart-homemobile-applicationssaasenterprise-solutionsasset-trackingmanufacturing-facilitiesartificial-intelligenceiotsmart-citycargo-managementtrackinglogisticsairportssmart-mobility