Total raised
—
Stage
Public
Founded
1983
Headcount
660
HQ
Yizre'el
Sector
Industrial Technologies
About
Maytronics is the developer of Dolphin robotic pool cleaners and complete swimming pool maintenance solutions. The company's range of automatic pool cleaners, environmentally friendly water treatment systems, and pool safety products are used by residential and commercial swimming pool owners and operators worldwide.
Maytronics operates wholly owned subsidiaries in the United States, France, and Australia, as well as local sales support offices in Spain and Argentina.
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When did Maytronics become a publicly traded company?
- Maytronics became a public company in January 2004, listing on the TASE exchange under the ticker MTRN.
- What was Maytronics' first recorded acquisition, and when did it occur?
- Maytronics acquired Orimatech in June 2022, according to startupim data.
- What was the value of Maytronics' acquisition in July 2022?
- In July 2022, Maytronics completed an acquisition for $16 million, which was reported as the purchase of a US pool accessories company, Backyard.
- What new product line did Maytronics introduce at Piscine Global 2022?
- In November 2022, Maytronics introduced the Dolphin LIBERTY™ line of cordless pool cleaners at Piscine Global 2022.
- What significant operational development did Maytronics announce in November 2024?
- In November 2024, Maytronics announced a patent settlement with Chasing.
- What was the financial outlook for Maytronics in April 2026?
- In April 2026, Maytronics reported an operating loss of approximately 133 million Shekels and projected a substantial loss of 200 to 230 million Shekels for the full year 2025, with about half attributed to asset write-downs.
- What was the status of Maytronics' CEO in August 2025?
- In August 2025, Maytronics' CEO announced their resignation following a sharp decline in second-quarter results and a significant drop in the company's market value.
- What was the market valuation trend for Maytronics between 2021 and 2025?
- Maytronics' market value experienced a significant decline, with 7 billion Shekels wiped off its value since 2021, and its market capitalization dropping to 448 million Shekels by August 2025 from 9.1 billion Shekels four years prior.
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesMicroelectronics & Photonics SolutionsAgriculture & Food Technologies
Technologies
Machinery & RoboticsCommunicationsIOT
Target customers
Commerce & RetailDistribution ChannelsOmni ChannelReal Estate & ConstructionManagementCommercialResidentialTravel & TourismHospitalityHotelsConsumers
Business model
B2CB2B2CB2B
Highlights
1 PatentsVerified
Tags
filtration-and-purificationwater-treatmentcleaning-robotconsumer-electronicswater-quality-detectionswimming-poolswaterroboticshotelscommercial-sitesresidential-sitessafetysensors