OverviewSuggest Edit

Ultraleap (formerly Ultrahaptics) is a company that specializes in hand tracking and mid-air haptics. Its technology uses ultrasound waves to enable users to receive tactile feedback without needing to wear or touch anything. The company also offers an optical hand tracking module that captures hand movements. The company caters to automotive, advertising, AR/VR, as well as simulation and training markets.

TypePrivate
Founded2013
HQBristol, GB
Websiteultraleap.com
Employee Ratings4.5
Overall CultureD-

Latest Updates

Employees (est.) (Sept 2021)153(-3%)
Revenue (FY, 2018)£1 M
Cybersecurity ratingCMore

Key People/Management at Ultraleap

Hossein Yassaie

Hossein Yassaie

Non Executive Director
Barry Dennington

Barry Dennington

Chief Operating Officer
Alex Driskill-Smith

Alex Driskill-Smith

President, North America
Anne-Sofie Lagander

Anne-Sofie Lagander

SVP Global Talent and People
Chris Olds

Chris Olds

Chief Financial Officer
Brian Williams

Brian Williams

SVP Operations and Quality
Show more

Ultraleap Office Locations

Ultraleap has offices in Bristol and Mountain View
Bristol, GB (HQ)
1 Glass Wharf
Mountain View, CA, US
2522 Leghorn St
Show all (2)

Ultraleap Financials and Metrics

Summary Metrics

Founding Date

2013

Ultraleap total Funding

$84.2 m

Ultraleap latest funding size

$44.5 m

Time since last funding

3 years ago

Ultraleap investors

Ultraleap's latest funding round in December 2018 was reported to be $44.5 m. In total, Ultraleap has raised $84.2 m
Show all financial metrics

Ultraleap Revenue

Embed Graph
View revenue for all periods
Ultraleap's revenue was reported to be £1.01 m in FY, 2018
GBP

Revenue (FY, 2018)

1.0m

Gross profit (FY, 2018)

(470.0k)

Gross profit margin (FY, 2018), %

(46.4%)

Net income (FY, 2018)

(10.3m)

EBITDA (FY, 2018)

(11.4m)

EBIT (FY, 2018)

(12.1m)

Cash (31-Dec-2018)

643.0k
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

246.8k1.1m1.0m1.0m

Revenue growth, %

Cost of goods sold

17.2k1.3m556.0k1.5m

Gross profit

229.6k(229.0k)458.0k(470.0k)
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

99.7k689.6k7.1m2.0m643.0k

Accounts Receivable

8.8k40.5k427.0k106.0k89.0k

Inventories

25.0k82.0k166.0k170.0k

Current Assets

108.5k798.8k37.5m38.8m37.2m
GBPFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(529.5k)26.1m(2.8m)(10.3m)

Cash From Operating Activities

(541.7k)(33.7m)

Cash From Financing Activities

1.2m

Net Change in Cash

589.9k(3.3m)
GBPFY, 2014

Financial Leverage

-1.5 x
Show all financial metrics

Ultraleap Acquisitions / Subsidiaries

Company NameDateDeal Size
Leap MotionJune 03, 2019$30 m

Ultraleap Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Ultraleap Online and Social Media Presence

Embed Graph

Ultraleap Company Culture

  • Overall Culture

    D-

    54/100

  • CEO Rating

    F

    20/100

  • Compensation

    D

    55/100

Learn more on Comparably

Ultraleap News and Updates

This Week In XR: VR Ad Excitement, Tencent Invests $50M In Ultraleap, The Linkedin Of VR

A lot of words were written about ads in VR, As Investments Pick Up

Leap Motion sold for fire sale price of $30M to Ultrahaptics

Once high-profile 3D motion-control technology startup Leap Motion Inc. is no longer independently owned after being acquired in an apparent fire sale to Ultrahaptics Ltd. for $30 million. Founded in 2010, Leap Motion was a much-hyped software and hardware company developing 3D motion-control techn…

Ultrahaptics acquires AR/VR pioneer Leap Motion for only $30 million

After two disasterous acqusition attempts by Apple, leading gesture control maker Leap Motion was purchased by one of its customers.

Meta and Ultrahaptics will bring a ‘touchable’ augmented reality supercar to CES

Augmented reality developer Meta Co. announced today that it has teamed up with Ultrahaptics and ZeroLight Ltd. in an effort to create touchable AR objects by combining haptic feedback and real-time 3-D visualization techniques. To demonstrate this technology, Meta will enable customers to see and f…

Watch Ultrahaptics use ultrasound to let you feel imaginary objects

 Ultrahaptics lets you touch what you see in virtual and augmented reality, or even give a 2D poster 3D feeling. It uses small speaker-like ultrasound wave emitters to give the sensation of pressure and texture when you’re just waving your hands in the open air. Ultrahaptics CTO Tom Carter demoed th…
Show more

Ultraleap Blogs

Automotive UI study | Drivers prefer gestures + haptics

We talk a lot about the impact of haptics on safety in automotive UI, but less about its impact on driver experience. Charlie Alexander, Ultrahaptics’ Director, Automotive Product, writes about how drivers have been shown to prefer gesture control systems when haptic feedback is added. We all know b…

Multiplayer mixed reality | Haptics & The Unreal Garden

The mixed reality Unreal Garden experience was a standout feature of E3 2019. Co-creators Enklu and Leila Amirsadeghi (former co-founder Onedome) worked with Ultrahaptics to integrate virtual touch technology and enhance the experience with a unique multiplayer interaction.   When visitors reached o…

How Arrow boosted brand engagement at CES 2019

Fortune 500 company Arrow used Ultrahaptics’ solutions to bring their brand story to life at CES 2019. They combined hand tracking with mid-air haptics to create an interactive brand experience in the form of a digital installation.  Arrow works with the world’s leading technology manufacturers. The…

Ultrahaptics Announces Partnership with BrightSign

June 11, 2019 – Ultrahaptics, the world leader in mid-air haptics technology, today announces that it is an approved technology partner of BrightSign, the global market leader in digital signage media players. Ultrahaptics’ technology provides tactile feedback in mid-air using ultrasound and patente…

Ultrahaptics and Leap Motion join forces

30th May 2019 – Ultrahaptics and Leap Motion, the world leaders in mid-air haptics, contactless interfaces and hand tracking technologies, today announced a strategic deal which will combine their expertise and create the world’s leading spatial interaction company. The combination of teams and thei…

AWE 2019 | Ultrahaptics at AWE

AWE 2019 (Augmented World Expo) is back at the Santa Clara Convention Centre between 29th – 31st May. As the world’s leading AR/VR conference and expo, AWE attracts a diverse mix of more than 6,000 attendees, all excited to experience first-hand the greatest immersive technology disrupting the world…
Show more

Ultraleap Frequently Asked Questions

  • When was Ultraleap founded?

    Ultraleap was founded in 2013.

  • Who are Ultraleap key executives?

    Ultraleap's key executives are Hossein Yassaie, Barry Dennington and Alex Driskill-Smith.

  • How many employees does Ultraleap have?

    Ultraleap has 153 employees.

  • What is Ultraleap revenue?

    Latest Ultraleap annual revenue is £1 m.

  • What is Ultraleap revenue per employee?

    Latest Ultraleap revenue per employee is £6.6 k.

  • Who are Ultraleap competitors?

    Competitors of Ultraleap include Archos, Port 6 and AG Microsystems.

  • Where is Ultraleap headquarters?

    Ultraleap headquarters is located at 1 Glass Wharf, Bristol.

  • Where are Ultraleap offices?

    Ultraleap has offices in Bristol and Mountain View.

  • How many offices does Ultraleap have?

    Ultraleap has 2 offices.