Watteam

Power Meter for Cyclists

Automotive & Mobility Technologies
Non Active, Nov 2019 ceased to operate
Mature Manof, Israel Founded 2011
LinkedIn
Last updated 2026-06-18
Total raised
$5.0M
Last: 2018-04
Stage
Mature
Founded
2011
Headcount
3
HQ
Manof, Israel
Sector
Automotive & Mobility Technologies

About

Watteam is the developer and provider of POWERBEAT, an affordable add-on power meter designed specifically for cyclists, by cyclists. POWERBEATs affordable power meter is designed to be simple and intuitive for all riders. There is no need to replace any bike parts, so cyclists can keep their own cranks, pedals, and all other components. The companys patented technology enables POWERBEAT to provide accurate and consistent power readings based on the actual force applied. Watteam is based in California, with R&D performed in Israel.

Funding history · 1 round · $5.0M total

2018-04
$5.0M
Eyal Shahar

Q&A

What is Watteam's primary product?
Watteam developed and provided POWERBEAT, an affordable add-on power meter designed for cyclists.
When was Watteam founded?
Watteam was founded in June 2011.
What is the current status of Watteam?
Watteam is currently inactive, having ceased operations in November 2019.
Where is Watteam's headquarters located?
Watteam's headquarters is located in Manof, Israel.
How much funding has Watteam raised in total?
Watteam has raised a total of $5,000,000.
When was Watteam's last funding round and who was an investor?
Watteam's last funding round was in April 2018, with Eyal Shahar as an investor.
Does Watteam hold any patents?
Yes, Watteam holds one patent.

Sectors & technology

Primary sector
Automotive & Mobility Technologies
Sub-sectors
Automotive & Mobility TechnologiesElectric Mobility & Alternative Fuels
Target customers
ConsumersTransportation & MobilityBike & Scooter Riders
Business model
B2C

Highlights

1 Patents

Tags

smart-mobilityconsumer-electronicsiotsportsmobile-applicationssports-techmobile-devicesmonitoringsensorsconsumerswellness
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