Company profile: Elliptic Labs
1.1 - Company Overview
Company description
- Provider of AI Virtual Smart Sensors and platforms for smartphones, laptops, IoT, and automotive devices, using edge AI, ultrasound, and sensor fusion to enable presence, proximity, gesture, and position detection. Offerings include software-only sensors for human presence, proximity (INNER BEAUTY), and external display position, enhancing security, privacy, power efficiency, and eliminating physical sensors.
Products and services
- AI Virtual Smart Sensor Platform: On-device platform integrating AI, ultrasound, and sensor fusion to architect virtual sensors enabling gesture, proximity, and 360-degree presence detection across smartphones, laptops, IoT, and automotive
- AI Virtual Proximity Sensor INNER BEAUTY: Software-only, ultrasound-based sensor using Edge AI to detect object proximity and reliably replace physical hardware sensors in devices for smarter, greener interactions
- AI Virtual Human Presence Sensor: Software-only sensor detects human presence to enhance security, protect privacy, and improve power efficiency in devices using Edge AI across smartphone, laptop, IoT, and automotive
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Elliptic Labs
GestureTek
HQ: United States
Website
- Description: Provider of camera-enabled gesture-recognition technology for presentation and entertainment systems, offering multi-patented video gesture control solutions including GestureFX for interactive surfaces, GroundFX for floor effects and games, WallFX for vertical displays, ScreenFX for digital signage, TableFX for interactive tables, and Cube portable display unit.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Gestoos
HQ: Spain
Website
- Description: Provider of computer vision AI that recognizes gestures and human behavior in real time, enabling natural, touchless interaction with devices and software. Offers Gestoos CREATOR, a no-code, end-to-end platform for dataset import, annotation, model training, and evaluation, and gesture recognition technology using depth sensors to control the mouse cursor by mapping finger coordinates to screen positions.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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N-trig
HQ: Israel
Website
- Description: Provider of touch screens and pen styluses, including DuoSense Pen2 with pressure sensitivity and palm rejection, and a general-purpose Stylus Pen for writing, drawing, and navigation. Backed by an extensive patent portfolio, the company supports applications across consumer, education, business, healthcare, graphic and industrial design, gaming, entertainment, and multimedia markets. Founded in 1999 with global operations.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Baanto
HQ: Canada
Website
- Description: Provider of proprietary infra-red (IR) based optical touchscreen solutions, engaged in the design, development, and marketing of products based on ShadowSense technology. Based in Mississauga, Ontario; formed in 2009 to commercialize ShadowSense, with eight patents filed.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Flutter
HQ: United States
Website
- Description: Provider of gesture recognition technologies, including the Flutter app that utilizes gesture recognition via a built-in webcam to enable control of iTunes, Spotify, VLC, and QuickTime. Early-stage funding from Y Combinator; acquired by Google on October 2, 2013.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Elliptic Labs
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Elliptic Labs
2.2 - Growth funds investing in similar companies to Elliptic Labs
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4 - Top valuation comps for Elliptic Labs
4.2 - Public trading comparable groups for Elliptic Labs
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