mifold Overview
mifold is a compact, easy-to-use, portable child's booster seat with a patented design that holds the seatbelt off the child's stomach and neck for increased comfort and safety. mifold is made from super-tough plastic polymers and aircraft-grade aluminum and is engineered to protect children from the ages of 4 to 12. The product is small enough to fit in a school bag and can be cleaned in the dishwasher. mifold was developed by Carfoldio Ltd
Cumulative Funding Raised Over Time ($)
$1.5MFeb 2016
$3.3MJan 2014
$5.9MSep 2015
Latest News
growth-positive
mifold joins Safe Kids in Automated Vehicles Alliance (SKAVA)
Carfoldio Ltd., the company behind the mifold range of grab-and-go child car booster seats, has joined the Safe Kids in Automated Vehicles Alliance (SKAVA) to reduce child injuries in automated vehicles. SKAVA works to ensure child restraint effectiveness in new environments, responsible child supervision in vehicles, and appropriate policies from companies, state governments and regulators. The partnership will allow both parties to be better informed, updated and engaged with stakeholders that prioritize the safety of children and families in AVs.
Partners
growth-positive
Mifold Hifold® the Fit-And-Fold™ Highback Booster Named in Time's list of 100 Best Inventions of 2020
Carfoldio Ltd., the creator of the mifold range of car booster seats, has been recognized in Times list of the 100 Best Inventions of 2020 for its hifold fit-and-fold highback booster. The booster seat, which is adjustable and portable, has been added to the companys collection of prestigious innovation, design, and consumer awards. Carfoldio was founded in 2013 and launched the original mifold booster in 2016 following a successful Indiegogo campaign. The company has closed investment rounds led by JamJar Investments and SweetCapital.
CustomersInvestment
growth-positive
mifold child booster seat range expands in Malaysia with Sport and hifold models - from RM199 to RM699 - paultan.org
The use of child safety seats will be mandatory from January 1, 2020, leading to an expected growth in the market for child restraint systems. SNS Products has expanded its mifold range with the introduction of two new booster seats, the mifold Sport and hifold highback booster. The mifold works by holding the seatbelt down instead of lifting the child up, ensuring a properly fitted seatbelt. The mifold Sport offers a more premium outlook, while the hifold is a highback booster seat with adjustable settings. Both products meet or exceed global car booster seat regulations. The mifold is priced at RM199, the mifold Sport at an introductory price of RM299, and the hifold at RM699.
Customers
growth-positive
mifold launches into Walmart stores across the United States
mifold, the inventor of the ultra-compact car seat category, has announced its arrival on Walmart.com and in select Walmart stores. The mifold grab-and-go-booster seat, which is 10 times smaller than a regular booster, offers convenience and portability for parents and children. Walmarts Vice President of Baby, Melody Richard, stated that adding mifold to their assortment of car seats aligns with their mission to provide quality and convenient items at low prices. Since its launch in 2016, mifold has delivered over 700,000 seats to customers in more than 150 countries. The CEO of mifold, Jon Sumroy, expressed excitement about being available in Walmart and their shared belief in providing safe and convenient travel solutions for children. The article does not mention any specific customers or the date of the event.
Customers
growth-positive
mifold Launches Second Booster Seat Innovation 'hifold by mifold' With Crowdfunding Campaign
mifold has officially introduced its latest product, hifold by mifold, a highback Grab-and-Go Booster that brings compact portability to the car seat category. The product is the result of a crowdfunding campaign and will be available for pre-orders with early-bird discounts. hifold is designed to be lightweight, foldable, and portable, making it convenient for parents and caregivers. The company aims to provide a child restraint for every child, in every car, on every journey. The hifold seat will be sold in the United States for $179.00 MSRP and is set to launch in early 2019.
Customers
| Sector | Industrial Technologies |
Funding
| Total funding | $3.3M |
| Last funding | $1.5M |
| Stage | Mature |
| Rounds | 3 |
| Investors | 5 |
Team Members
1
Employees: 1-10
Web & Social Links
| Website | mifold.com |
Locations
HaSadna Street 13, Ra'anana, Israel
Photos & Videos
3 item(s)
mifold Business
Business models
B2C
Product stage
Released
Employees
1-10
Sector
Industrial TechnologiesMaterial Innovations & ApplicationsTarget Customer
ConsumersDemographics & FamilyChildrenParentsIndustrial ManufacturingDiscrete IndustriesAutomotiveCore Technology
Materials & SubstancesPolymersTags (6)
personal-safetyautomotivechildrensafetykids-safetyparentsmifold Financials
$3.3M
Total funding
Undisclosed
Capital raised
$1.5M
Last funding
Mature
Funding stage
3
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$1.5MFeb 2016
$3.3MJan 2014
$5.9MSep 2015
Private Equity Funding
A Round
Feb 2016
$1.5M
Riccardo Zacconi, Howard Socol, Joe Stelzer, Sweet Capital
Crowdfunding
Sep 2015
$2.64M
Seed
Jan 2014
$1.8M
Undisclosed Investor(s)
mifold Lifecycle
Cumulative Funding Raised Over Time
$1.5MFeb 2016
$3.3MJan 2014
$5.9MSep 2015
All Events
A Round
Feb 2016
$1.5M
Riccardo Zacconi, Howard Socol, Joe Stelzer, Sweet Capital
Crowdfunding
Sep 2015
$2.64M
Seed
Jan 2014
$1.8M
Undisclosed Investor(s)
mifold News
9 articles
growth-positive
mifold joins Safe Kids in Automated Vehicles Alliance (SKAVA)
Carfoldio Ltd., the company behind the mifold range of grab-and-go child car booster seats, has joined the Safe Kids in Automated Vehicles Alliance (SKAVA) to reduce child injuries in automated vehicles. SKAVA works to ensure child restraint effectiveness in new environments, responsible child supervision in vehicles, and appropriate policies from companies, state governments and regulators. The partnership will allow both parties to be better informed, updated and engaged with stakeholders that prioritize the safety of children and families in AVs.
Partners
growth-positive
Mifold Hifold® the Fit-And-Fold™ Highback Booster Named in Time's list of 100 Best Inventions of 2020
Carfoldio Ltd., the creator of the mifold range of car booster seats, has been recognized in Times list of the 100 Best Inventions of 2020 for its hifold fit-and-fold highback booster. The booster seat, which is adjustable and portable, has been added to the companys collection of prestigious innovation, design, and consumer awards. Carfoldio was founded in 2013 and launched the original mifold booster in 2016 following a successful Indiegogo campaign. The company has closed investment rounds led by JamJar Investments and SweetCapital.
CustomersInvestment
growth-positive
mifold child booster seat range expands in Malaysia with Sport and hifold models - from RM199 to RM699 - paultan.org
The use of child safety seats will be mandatory from January 1, 2020, leading to an expected growth in the market for child restraint systems. SNS Products has expanded its mifold range with the introduction of two new booster seats, the mifold Sport and hifold highback booster. The mifold works by holding the seatbelt down instead of lifting the child up, ensuring a properly fitted seatbelt. The mifold Sport offers a more premium outlook, while the hifold is a highback booster seat with adjustable settings. Both products meet or exceed global car booster seat regulations. The mifold is priced at RM199, the mifold Sport at an introductory price of RM299, and the hifold at RM699.
Customers
growth-positive
mifold launches into Walmart stores across the United States
mifold, the inventor of the ultra-compact car seat category, has announced its arrival on Walmart.com and in select Walmart stores. The mifold grab-and-go-booster seat, which is 10 times smaller than a regular booster, offers convenience and portability for parents and children. Walmarts Vice President of Baby, Melody Richard, stated that adding mifold to their assortment of car seats aligns with their mission to provide quality and convenient items at low prices. Since its launch in 2016, mifold has delivered over 700,000 seats to customers in more than 150 countries. The CEO of mifold, Jon Sumroy, expressed excitement about being available in Walmart and their shared belief in providing safe and convenient travel solutions for children. The article does not mention any specific customers or the date of the event.
Customers
growth-positive
mifold Launches Second Booster Seat Innovation 'hifold by mifold' With Crowdfunding Campaign
mifold has officially introduced its latest product, hifold by mifold, a highback Grab-and-Go Booster that brings compact portability to the car seat category. The product is the result of a crowdfunding campaign and will be available for pre-orders with early-bird discounts. hifold is designed to be lightweight, foldable, and portable, making it convenient for parents and caregivers. The company aims to provide a child restraint for every child, in every car, on every journey. The hifold seat will be sold in the United States for $179.00 MSRP and is set to launch in early 2019.
Customers
growth-positive
Crowdfund Strategies - Mifold Hit Gold On Indiegogo But It Was VC And Angel That Made It Possible
British entrepreneur Jon Sumroy developed the idea for a foldaway booster seat, which became the product Mifold. After raising angel and VC investment, Mifold launched on Indiegogo and achieved $1 million in pre-sales. The company now operates an e-commerce site, sells through retailers in the US, and has distribution deals in Europe and Asia. The crowdfunding campaign was not about raising money for manufacturing, as the necessary funds were already in place. Instead, it was about validating the product and securing initial sales. The success of the campaign led to a global expansion and a further $1.5 million investment round. Mifold had to tailor its marketing to different regions regulations and expectations.
CustomersInvestment
growth-positive
Mifold Raises $1.5 Million For Its Grab-And-Go Booster Seat
Raanana-based company mifold has received a $1.5 million investment from the founders of King Digital Entertainment. This is the first formal investment from King founders seed-stage fund, Sweet Capital. mifold has raised a total of $3.3 million, including earlier seed rounds. The company produces portable car seats that are 10 times smaller than standard booster seats. The seats are just as safe and comply with federal safety regulations. The market for portable car seats is growing, with many parents looking for more convenient options. mifold is expected to start production in late March.
Customers
growth-positive
Israeli car seat startup Carfoldio raises $1.5m
Israeli child car safety company Carfoldio Ltd. has raised $1.5 million in a third financing round led by Sweet Capital. The company, founded in 2013, has developed a car safety seat called mifold, which is one-tenth the size of existing products. mifold has already pre-sold $1 million worth of seats to customers in over 100 countries. The investment will help Carfoldio Ltd. continue its growth and disrupt the traditional child car safety market.
Investment
mifold - the Grab-and-Go Booster seat
mifold Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 5 |
| Team members | 1 |
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mifold Internal
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Admin Info
| Confidence | 101/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 514875566 |
| Crunchbase | mifold |
| Creator | Alyssa Williams |
| Creator email | williamsar95@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-09-03T00:00:00.000Z |
| Created | 2015-07-20T00:00:00.000Z |
| Claimed | Yes |