# Essential Products

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/essential-products

- Industry: Hardware
- Headquarters: Palo Alto, US
- Total disclosed funding: $331M
- Latest round: Series B (Jun 1, 2017)
- Investors on record: 8

## About

Founded in 2015 and based in California, US, Essential Products, Inc. offers consumer technology products for the 21st century. Mr. Andy Rubin is the firm's founder and CEO and also the co-founder of Android, an Operating System (OS) of smartphones. In February 2020, the firm decided to discontinue and shut down its operation after operating for 3 years. The firm has also raised a total funding of USD 330 million and was acquired by Nothing Technologies in February 2021.

Essential Products, Inc. develops Essential Phone with modern features such as wireless data transfer and 360°
personal camera feature. The firm also develops Audio Adapter HD, a device that provides a high-quality sound upon attaching to the smartphone and connecting to Tidal App that will also enables users to listen to music while charging.

## Funding rounds

- Series B, Jun 1, 2017, $300M — Redpoint Ventures, Future Fund, Tencent Investment, Altimeter Capital, Vy Capital, Playground Ventures, Access Technology Ventures, Amazon
- Series A, Feb 18, 2016, $31M — Redpoint Ventures, Playground Ventures

## Investors

- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A, Series B
- Playground Ventures (https://capitalatlas.ai/funds/playground-ventures) — Series A, Series B
- Future Fund — Series B
- Tencent Investment — Series B
- Altimeter Capital (https://capitalatlas.ai/funds/altimeter-capital) — Series B
- Vy Capital (https://capitalatlas.ai/funds/vy-capital) — Series B
- Access Technology Ventures (https://capitalatlas.ai/funds/access-technology-ventures) — Series B
- Amazon (https://capitalatlas.ai/funds/amazon) — Series B