Last updated 2026-06-18
- Raised $325k funding round, Jun 2018
Total raised
$325K
Last: 2018-06
Stage
Pre-Seed
Founded
2017
Headcount
3
HQ
Rehovot, Israel
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
$325K
Q&A
- What is Haystack Magic's primary business?
- Haystack Magic focuses on tracking physical assets using Bluetooth Low Energy (BLE) technology and a mobile sharing economy model. Its software helps locate misplaced enterprise assets by leveraging employees' and clients' smartphones as infrastructure.
- Where is Haystack Magic headquartered?
- Haystack Magic is headquartered in Rehovot, Center District, Israel.
- When was Haystack Magic founded?
- Haystack Magic was founded in February 2017.
- What is the current status of Haystack Magic?
- Haystack Magic is currently inactive, as of May 2021.
- How much funding has Haystack Magic raised in total?
- Haystack Magic has raised a total of $325,000 USD.
- When was Haystack Magic's last funding round?
- Haystack Magic's last funding round occurred in June 2018, raising $325,000 USD.
- What is Haystack Magic's employee count?
- Haystack Magic has 1-10 employees.
- What industries does Haystack Magic target with its solutions?
- Haystack Magic targets industries such as Industrial Manufacturing, Healthcare & Life Sciences, Transportation & Logistics, and Travel & Tourism.
Team · 2
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
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/27123180 | |
| facebook.com/haystackmagic |
Identifiers & details
| Founded | 2017-2 |
|---|---|
| Employees (exact) | 3 |
| Offices | Ottawa |
| Status reason | Non Active, May 2021 |