Company Overview
Snapshot
Founded in June 2016 by Guy Bar and Dan Strik, HYGEAR operates with 11–50 employees. The company has secured funding across two rounds from two investors. In May 2018, HYGEAR received crowdfunding from Kickstarter.
Business overview
HYGEAR develops and markets smart workout gear that integrates artificial intelligence to provide personalized training based on user performance. The company's solutions combine product design, development, and marketing to create a data ecosystem focused on personalization, measurability, and AI-driven coaching. HYGEAR operates within the Health Tech & Life Sciences sector, specifically targeting the digital healthcare and digital therapeutics markets with its connected fitness products.
Strategic signal
In August 2021, HYGEAR launched Hyrope, a smart jump rope that pairs with an app to track workouts. This product release demonstrates the company's continued innovation in connected fitness hardware and software, reinforcing its commitment to AI-powered personalized training and expanding its ecosystem of smart workout gear for consumers.
Log in to access full profile ›Company Intelligence Q&A
- What is HYGEAR's primary focus?
- HYGEAR designs, develops, and markets smart workout gear that leverages artificial intelligence to provide personalized training based on user performance and results. This integrates AI software platforms to create a personalized data ecosystem.
- When was HYGEAR founded and by whom?
- HYGEAR was founded in June 2016 by Guy Bar and Dan Strik.
- What significant product did HYGEAR launch in 2021?
- In August 2021, HYGEAR launched Hyrope, a smart jump rope that connects with an app to track workout data.
- What type of funding has HYGEAR received?
- HYGEAR has secured funding through crowdfunding rounds. In May 2018, the company received funding from Kickstarter, and in April 2017, it received funding from PipelBiz.
- What markets does HYGEAR target?
- HYGEAR targets the global market, focusing on consumers and athletes within the fitness and sports segments, particularly in the Health Tech & Life Sciences sector.