Hammerhead Navigation

HardwareSeries ABrooklyn, UShammerhead.io

Latest round

Series A

Last raised

Jun 2020

Total raised

$12M

Investors

8

About Hammerhead Navigation

Hammerhead Navigation develops advanced cycling computers that enhance performance and navigation for cyclists.Founded in 2013 in Brooklyn, US, Hammerhead Navigation designs high-performance cycling computers. Jon Morgan and Pieter Morgan are the founders, with Pieter currently serving as CEO.Hammerhead specializes in high-performance cycling computers, with its flagship product being the Karoo series, designed to enhance the cycling experience through advanced navigation and performance tracking. The Karoo devices feature a touchscreen display that offers superior clarity and responsiveness, supporting ANT+ and Bluetooth connectivity for seamless integration with various cycling accessories. These computers enable cyclists to access real-time data visualizations, plan and manage routes through the Hammerhead Dashboard, and receive in-ride alerts on navigation, traffic, and performance milestones.Hammerhead generates revenue through direct-to-consumer sales and partnerships with retailers, primarily from the sale of its Karoo cycling computers and associated accessories.00. By offering both standalone products and potentially bundled offerings, Hammerhead caters to a diverse clientele, including recreational and professional cyclists.In January 2022, SRAM, LLC acquired Hammerhead Navigation. The acquisition will likely enable Hammerhead to leverage additional resources for developing new products and expanding its market reach. The company aims to introduce enhancements to the Karoo series while exploring entry into new geographic regions, particularly targeting growth in Asia and Europe over the coming years.

Who invested in Hammerhead Navigation

8 investors across 3 rounds

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Funding rounds

  1. Series A

    Jun 30, 2020

    Amount

    $7M

    Investors

    Locked

  2. Seed

    Mar 7, 2019

    Amount

    $4.1M

    Investors

    Locked

  3. Seed

    Dec 1, 2013

    Amount

    $1.2M

    Investors

    Locked

Questions about Hammerhead Navigation

Who invested in Hammerhead Navigation?

Hammerhead Navigation has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Hammerhead Navigation raised?

Hammerhead Navigation has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Hammerhead Navigation last raise money?

Hammerhead Navigation's most recent round on record is a Series A, in Jun 2020.

What does Hammerhead Navigation do?

Hammerhead Navigation develops advanced cycling computers that enhance performance and navigation for cyclists.

Where is Hammerhead Navigation headquartered?

Hammerhead Navigation is headquartered in Brooklyn, US.

Which VCs invest in companies like Hammerhead Navigation?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at Hammerhead Navigation's stage. Their profiles are linked below.

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