# Gradient Technologies Sociedad Limitada

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gradient-technologies-sociedad-limitada

- Industry: Consumer Products
- Headquarters: Valencia, Spain
- Website: http://glassy.pro
- Total disclosed funding: $0.3M
- Latest round: Seed (Dec 15, 2014)
- Investors on record: 1

## About

Gradient Technologies Sociedad Limitada specializes in innovative technology solutions for the surfing community, offering products that enhance performance tracking and community engagement for surfers worldwide.Gradient Technologies Sociedad Limitada, founded in 2012 in Valencia, Spain, operates in the technology sector focusing on surfing-related products. The company has completed 6 deals and raised a total of USD 0.163 mn in funding, with the latest round backed by Brinc. There are no known significant pivots or changes in business strategy since inception.Glassy.pro offers a range of innovative products and services tailored for the surfing community, centered around their core product, the Glassy Zone—a waterproof wearable device designed specifically for surfers. This device, complemented by the Glassy app, facilitates the tracking of surf sessions, providing users with detailed insights into their performance, session data, and optimal surf conditions. The wearable collects precise data, such as GPS position, wave count, speed, and surf quality, which are crucial for surfers to analyze and improve their skills. End users include surfing enthusiasts and professionals across more than 50 countries, who benefit from the app's features that promote better performance, health awareness, and community engagement within the global surfing network. The products aim to enhance the overall surfing experience by helping users find the best spots for surfing, optimize their physical condition, and connect with fellow surfers.In 2015, Gradient Technologies Sociedad Limitada reported revenue of USD 562.8 mn, with an EBITDA of -USD 252,642.6 in the same year. Revenue is generated through direct-to-consumer transactions via their flagship wearables and smartphone app, alongside potential subscription models for premium features within the app.Gradient Technologies Sociedad Limitada has outlined strategic plans for growth, though the specifics of upcoming product launches have not been disclosed. Future expansion efforts will focus on new markets, with particular interest in increasing their global footprint within the surfing community. Recent funding of USD 0.163 mn will be utilized to support these initiatives, helping the company to enhance its product offerings and reach.

## Funding rounds

- Seed, Dec 15, 2014, $0.3M — Pinama Inversiones

## Investors

- Pinama Inversiones (https://capitalatlas.ai/funds/pinama-inversiones) — Seed