Neomatix

Optical Tire Pressure Monitoring

Industrial Technologies
Non Active, Apr 2018
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Company Overview

Snapshot

Founded in September 2011 by Kfir Wittman, Neomatix operates with 1–10 employees. The company has raised a total of $3,000,000 across two funding rounds from two investors. In October 2016, Neomatix received a top prize from Shell for its tire technology.

Business overview

Neomatix Ltd develops a proprietary tire pressure monitoring solution utilizing vision-based technology. The company's core offering, Neomatix Optimus, is an electro-optic tire pressure monitoring system designed for vehicle fleets, leveraging computer vision. Additionally, its TireCheck mobile app allows drivers to check tire pressure by taking a picture with a smartphone, providing information on service stations and recommended inflation pressure. Neomatix serves the automotive and transportation sectors, focusing on fleet operators and drivers to enhance safety, reduce operational expenses, and decrease CO2 emissions.

Strategic signal

In October 2016, Neomatix received a top prize from Shell for its innovative Israeli tire technology. This recognition from a major energy and automotive industry player like Shell validates Neomatix's technological advancements and its potential to significantly impact the automotive and fleet management sectors by improving safety and efficiency through its optical tire pressure monitoring solutions.

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Company Intelligence Q&A

What is Neomatix's primary technology?
Neomatix utilizes proprietary vision-based technology for tire pressure monitoring. Its flagship product, Neomatix Optimus, is an electro-optic system based on computer vision designed for vehicle fleets.
When was Neomatix founded and by whom?
Neomatix was founded in September 2011 by Kfir Wittman.
What is the TireCheck mobile app?
The TireCheck mobile app developed by Neomatix enables drivers to check tire pressure by taking a picture of the tire with a smartphone, providing information on service stations and recommended inflation pressure.
What significant recognition did Neomatix receive in 2016?
In October 2016, Neomatix was awarded a top prize by Shell for its Israeli tire technology, highlighting its innovative contributions to the industry.
Which investors participated in Neomatix's funding rounds?
Neomatix received funding from Tel Aviv Angel Group in October 2012 and Maverick Ventures IsraeI in August 2013.
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