By 2020, the global category for RFID within the IoT market is projected to be sized at around $24.5 billion. Within the current $17.6 billion RFID category, GearEye’s addressable market is hundreds of million professionals and small businesses worldwide, who are also part of the $14 trillion IoT category. As an innovator offering a unique and affordable solution to an everyday problem, GearEye aims to lead these markets.
After raising via crowdfunding on Kickstarter and Indiegogo, and surpassing its goal by 1,000%, GearEye is heading towards mass production.
The company is preparing to advance its penetration in the world's RFID and IoT segments, based on a long line of potential and signed collaborations with industry leaders worldwide.
GearEye has recently signed a distribution agreement with one of the biggest US photo-equipment retailers, for purchasing thousands kits each month.
The GearEye's exposure at the time of the crowdfunding has also led to hundreds of distribution proposals received, from resellers all over the world.
Investing in GearEye right now is a one time opportunity to join a new market leader the moment before it reaches a commercial breakthrough.
GearEye's video become viral, had over 70 million views, and 1 million shares and the campaign have raised the attention of numerous Media outlets, including Geektime, Android Authority, Business Insider, Fstoppers and many more:
The team with extensive experience at startups and tech giants
GearEye's team members are all engineers, they worked for large organizations including GE, Motorola, Philips and IBM, and many were key members in startups as well. The team consists of the best minds in Israeli hi-tech.
The Need
With technological advancement, our lives have become more challenging and time is more important to us than ever before. We don’t want to waste time searching for misplaced or lost items, but unfortunately, according to the "Esure" survey in the UK, people are losing not only their items but their precious time as well: we spend an average of 10-15 minutes a day searching for our belongings, whether at home, in the office or our cars.
For professionals, keeping track of work equipment is even more essential. Losing an important piece of gear can prove to be devastating for its owner, costing money, time and missed jobs. Item loss especially creates anxiety for on-the-go professionals, rental houses and every small business that performs inventory management multiple times a day.
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For Third Party Delivery companies the problem of losing packages is even more severe since it results not only in multi-million $ damage, but also causes their clients such as FedEx and Amazon to close their routes upon reaching 0.1% threshold of lost or undelivered packages.
The Solution
GearEye developes a small device that scans the surrounding area and helps locate and monitor equipment.
GearEye has adopted the RFID technology, which has been used most often by big enterprises for supply-chain needs. GearEye has revolutionized the way RFID is used by wirelessly connecting it to any mobile device, and making it super-affordable. Now anyone can stop the nightmare of losing precious items with just a swift wave of a hand and press of a button.
Users just tag their items with tiny RFID stickers and use GearEye's scanner device, together with a companion app to check if they’ve got everything they need with them. The device scans the surrounding area, and the app notifies you about the tagged items it discovers while pointing to the missing ones and helping to locate them.
How it works
What makes GearEye unique
Intellectual Property
GearEye's Intellectual Property covers the antenna system, device's form-factor, and sensor-based locating algorithm. GearEye filed the international patent application (PCT), which has reached the National Phase in both the US and China. The claims examination in the US started a month ago.
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Sergey is a software engineer of the broadest range. He is an iOS and Android guru and blogger, with over 17 years of development experience working for companies such as IBM and Microsoft, holding a degree in Computer Sciences from the Technion.
Sergey is a software engineer of the broadest range. He is an iOS and Android guru and blogger, with over 17 years of development experience working for companies such as IBM and Microsoft, holding a degree in Computer Sciences from the Technion. |
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Maksim is responsible for the hardware of the GearEye solution. He is a bright and experienced engineer and the scientist behind our innovative antennas. His talent is revealed in inventing and optimizing.
Maksim leads the team on our fight for successful manufacturing. An author of 7 patents on Antenna Design and Electromagnetics, he has a significant part in preparing GearEye‘s PCT application. Maksim spent more than 18 years on Antenna development, and now he is completing a Ph.D. in Electromagnetic Fields at Ben-Gurion University.
Maksim is responsible for the hardware of the GearEye solution. He is a bright and experienced engineer and the scientist behind our innovative antennas. His talent is revealed in inventing and optimizing. Maksim leads the team on our fight for successful manufacturing. An author of 7 patents on Antenna Design and Electromagnetics, he has a significant part in preparing GearEye‘s PCT application. Maksim spent more than 18 years on Antenna development, and now he is completing a Ph.D. in Electromagnetic Fields at Ben-Gurion University. |